Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
PBF Energy Inc. (PBF)
Sector: Energy; Industry: Oil & Gas Refining & Marketing

PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-05-16 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 202,000 $31.49 $6,360,490 No
2022-05-13 Canty Trecia M SVP and General Counsel Sell 50,000 $30.61 $1,530,500 Yes
2022-05-16 O Connor Thomas L Senior Vice President Sell 77,423 $30.25 $2,341,697 No
2022-05-10 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 923,700 $29.17 $26,948,670 No
2022-05-06 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 203,000 $31.22 $6,337,010 No
2022-05-05 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 1,249,500 $31.62 $39,506,137 No
2022-05-03 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 1,065,440 $30.08 $32,051,739 No
2022-03-22 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 1,076,500 $28.73 $30,933,132 No
2022-03-20 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 1,346,060 $29.33 $39,483,462 No
2021-03-04 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Sell 297,000 $16.83 $4,999,539 No
2021-03-03 Barone John C Principal Accounting Officer Sell 1,986 $16.56 $32,888 No
2020-12-28 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Buy 40,000 $6.87 $274,696 No
2020-09-30 Young C Erik Chief Financial Officer, SVP Buy 21,893 $5.87 $128,472 No
2020-09-30 O Connor Thomas L Senior Vice President Buy 25,000 $5.86 $146,388 No
2020-09-28 Nimbley Thomas J. Chief Executive Officer Buy 50,000 $5.92 $296,195 No
2020-09-18 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Buy 100,000 $6.98 $697,910 No
2020-09-10 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Buy 204,905 $7.17 $1,469,523 No
2020-07-31 Control Empresarial de Capitales S.A. de C.V. 10%-Owner Buy 153,500 $8.03 $1,233,313 No
2020-03-31 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 150,000 $7.37 $1,104,945 No
2020-03-25 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 465,256 $6.54 $3,044,356 No
2020-03-24 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 720,000 $6.13 $4,413,852 No
2020-03-18 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 230,000 $8.67 $1,994,577 No
2020-03-11 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 70,621 $14.13 $997,618 No
2020-03-03 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 130,000 $20.50 $2,664,709 No
2020-02-03 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 263,471 $26.77 $7,052,252 No
2020-01-27 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 200,000 $26.79 $5,357,380 No
2020-01-24 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 300,100 $28.22 $8,468,461 No
2020-01-22 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 212,000 $29.68 $6,292,929 No
2020-01-17 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 553,796 $30.90 $17,109,529 No
2019-12-13 Inversora Carso, S.A. de C.V. Add'l Rep. Persons-see Ex.99-1 Buy 201,045 $29.84 $5,999,274 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.