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Control Empresarial Reports an $8.7 Million PBF Purchase

The most significant insider buy on today’s list comes via a Form 4 filing by Control Empresarial de Capitales S.A. de C.V.

The investment company reported a purchase of PBF Energy Inc $PBF shares with a total value of $8.7 million.

Here’s The Hot Corner, with data from August 28, 2024:

Director Neil S. Subin revealed the acquisition of 250,000 NextNav Inc $NN shares, equivalent to $1.7 million.

In another Form 4, director Brian Jacobs reported a $1,336,000 Bill.com Holdings $BILL purchase.

NN resolved higher from a rounding-bottom formation in this year.

Price is currently finding support at the 38.2% delay of the 2021-23 correction.

We imagine NN will experience a fresh leg higher in the coming weeks and months if buyers successfully defend this critical level of support.

Stay tuned. We'll be back on Friday with more insider activity.

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