Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PBF Energy Inc shares valued at $1,912,640 were purchased by Control Empresarial de Capital on Mar 05 ’25. At $19.13 per share, Control Empresarial de Capital acquired 100,000 shares. The insider’s holdings grew to 30,349,998 shares worth approximately $587.27 million following the completion of this transaction.
Also, Control Empresarial de Capital purchased 155,000 shares, netting a total of over 3,131,775 in proceeds. Following the buying of shares at $20.20 each, the insider now holds 30,249,998 shares.
Before that, Control Empresarial de Capital had added 80,000 shares to its account. In a trade valued at $1,680,704, the Add’l Rep. Persons-see Ex.99-1 bought PBF Energy Inc shares for $21.01 each. Upon closing the transaction, the insider’s holdings increased to 80,000 shares, worth approximately $582.34 million.
As published in a research note from TD Cowen on March 11, 2025, PBF Energy Inc [PBF] has been retained to a Sell and the price target has been revised to $17. Analysts at TD Cowen downgraded the stock from ‘”a Hold”‘ to ‘”a Sell”‘ outlook in a report released in mid December. As of December 16, 2024, Mizuho has decreased its “Neutral” rating to a “an Underperform” for PBF. Earlier on December 09, 2024, Wells Fargo downgraded its rating. Their new recommendation was “an Equal weight” for PBF stock which previously was a “an Overweight”.
Analyzing PBF Stock Performance
During the last five days, there has been a drop of approximately -11.97%. Over the course of the year, PBF Energy Inc shares have dropped approximately -27.12%. Shares of the company reached a 52-week high of $31.67 on 01/15/25 and a 52-week low of $18.97 on 03/05/25. A 50-day SMA is recorded $24.88, while a 200-day SMA reached $31.90.
Support And Resistance Levels for PBF Energy Inc (PBF)
According to the 24-hour chart, there is a support level at 19.06, which, if violated, would cause prices to drop to 18.77. In the upper region, resistance lies at 19.77. The next price resistance is at 20.19. RSI (Relative Strength Index) is 35.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.27, which suggests the price will decrease in the coming days. Percent R is at 95.26%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
