{
  "id": 14371362,
  "title": "PBF Energy 10% owner Control Empresarial sells $14.9m in shares",
  "url": "https://urgent.news/2026/10/14/pbf-energy-10-owner-control-empresarial-sells-14-9m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T04:31:02.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/pbf-energy-10-owner-control-empresarial-sells-149m-in-shares-93CH-4947994"
  },
  "original_language": "en",
  "account": "Control Empresarial S.A. de C.V., an owner of PBF Energy Inc., sold approximately $14.9 million worth of its common shares on October 8, 2026. The transactions consisted of two separate sales: 70,000 Class A shares at a weighted average price of $87.5022 per share, and 100,000 Class A shares at a weighted average price of $88.4028 per share. The insider sale occurred as PBF shares approached their 52-week high of $91.53, having surged 218% over the past year. Controlling 13,326,127 shares post-transaction, Control Empresarial remains a significant holder of PBF Energy Inc. PBF Energy has also seen strong market analysis, with UBS raising its price target to $99 and BMO Capital revising its third-quarter earnings estimate to $11.99 per share. The company has issued $550 million in 0% exchangeable senior notes due in 2032 for various corporate purposes.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}