Refining companies see insider selling and decreased financial sector buying
PBF PBF Energy Inc
$82.88 -1.52%
View chart & analysis → - 1Executives at Par Pacific and PBF Energy sold shares after Par Pacific rose 149% and PBF Energy rose 210% this year.
- 2Insider buying by financial sector executives has fallen to its lowest level in approximately 23 years.
- 3Insiders at Altria, Tyson Foods, and Celsius Holdings recently purchased shares.
So what's the key point?
Executives at Par Pacific and PBF Energy sold their shares after the stock prices rose significantly. Buying of company shares within the financial sector has also reached its lowest level in 23 years.
Source WSJ +1 · View original ↗
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