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Control Empresarial Reports Another Big PBF Buy

June 12, 2024

From the Desk of Steve Strazza and Alfonso Depablos

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

The Mexico-based investment company reported an additional purchase of PBF Energy Inc $PBF shares with a total value of $2.6 million.

Director Chad Leroy Meisinger bought 18,405 shares, equivalent to $694,604 in National Storage Affiliates Trust $NSA.

Here’s The Hot Corner, with data through June 11, 2024:

The CEOs of Fox Factory Holding Corp $FOXF and Kennametal Inc $KMT both filed Form 4s revealing purchases of their own stock.

Over in Washington, Rep. María Elvira Salazar of Florida revealed a purchase of between $15,000 and $50,000 in DT Midstream Inc $DTM.

The $6.6B pipeline operator has been showing significant leadership relative to its oil and gas midstream peers. 

Here’s DTM making fresh all time highs:

The stock has been in a consistent uptrend and recently resolved higher from an 18-month base.

The bias is higher as long as we’re above the prior cycle highs.

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

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All Star Charts Team