California Resources (CRC) EVP Bys Jay A. Sells $643K of Stock
Jay A. Bys sold nearly 12,000 shares of CRC, valued at about $643,000, as the stock trades below its recent highs.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bys Jay A., EVP & Chief Commercial Officer at California Resources Corporation ($CRC), sold 11,907 shares at an average price of $54, worth about $642,978, on October 12, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $CRC is up 1.5% to date (from the $53.52 close on Oct 12, 2026).
CRC
California Resources Corporation
Key Points
- On October 12, 2026, Jay A. Bys sold 11,907 shares of California Resources Corporation at $54.00 each, totaling $642,978.
- The stock recently traded around $54.03, which is about 24.9% below its 52-week high of $71.98.
- California Resources has a strong outlook with a consensus rating of 'strong buy' and a mean price target of $75.33.
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Jay A. Bys, the Executive Vice President and Chief Commercial Officer of California Resources Corporation (NYSE: CRC), sold 11,907 shares on October 12, 2026, at $54.00 each, totaling $642,978. This sale was part of a planned transaction.
Other Institutional Activity in California Resources Corporation
Blackrock Inc. trimmed its stake in California Resources, selling 394,670 shares, leaving it with 11,977,441 shares valued at approximately $650.7 million. Vanguard Portfolio Management LLC added 25,712 shares, bringing its total to 5,273,055 shares worth about $286.5 million. Sourcerock Group, LLC grew its holdings by 344,573 shares, ending with 4,890,388 shares valued at around $265.7 million.
California Resources Corporation Stock Up 1.7%
As of October 16, 2026, California Resources Corporation's stock is trading around $54.03, which is above its 50-day moving average of $53.38 but below its 200-day average of $56.65. The shares are currently about 24.9% below their 52-week high of $71.98, indicating some room for recovery.
Recent Earnings
California Resources reported trailing twelve-month revenue of approximately $3.74 billion, with a year-over-year revenue growth of 33%. The company is scheduled to announce its next earnings on November 2, 2026.
Insider Buying and Selling at California Resources Corporation
Jay A. Bys has been active in selling shares, with this being his fourth sale of 11,907 shares at $54.00, totaling $642,978 on the same day. His previous sales occurred on July 13, August 10, and September 4, 2026, all for the same number of shares and price.
Analysts Set New Price Targets
On October 12, 2026, UBS maintained its 'Buy' rating on California Resources with a revised price target of $68. This follows earlier ratings from RBC Capital and Roth Capital, which reiterated their 'Outperform' and 'Buy' ratings, respectively, with targets of $77 and $59.
About California Resources Corporation
California Resources Corporation is an independent energy and carbon management company based in Long Beach, California. It explores, develops, and produces crude oil and natural gas, primarily serving California refineries and other purchasers. The recent insider selling and analyst ratings suggest a dynamic period for the company as it approaches its next earnings report.
Bottom Line
Watch for California Resources to report its earnings on November 2, 2026. The stock's current position relative to its historical range and analyst ratings could indicate future movements.
Related Filing Alerts
Source: Bys Jay A.'s Form 4 filing on $CRC (Oct 12, 2026). Find the original filing: CRC Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts