Key Points
- Insider selling: Pitney Bowes CEO Kurt James Wolf sold 160,289 shares on April 1 at an average price of $11.06 under a pre-arranged Rule 10b5-1 plan (proceeds ≈ $1.77M), leaving him with 543,211 shares — a 22.78% reduction in his position.
- Ongoing sell-off and company context: Wolf also sold 39,919 shares on April 2 and 150,000 shares each on March 11 and Feb 23, bringing recent insider sales to 500,208 shares for roughly $5.32M in proceeds. The company recently beat EPS estimates but posted a 7.5% revenue decline, set FY2026 guidance of $1.40–$1.60 EPS, pays a 3.3% dividend, and carries a consensus "Hold" with an $11 average price target.
Pitney Bowes Inc. (NYSE:PBI - Get Free Report) CEO Kurt James Wolf sold 39,919 shares of Pitney Bowes stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $11.14, for a total value of $444,697.66. Following the transaction, the chief executive officer owned 539,618 shares of the company's stock, valued at $6,011,344.52. The trade was a 6.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kurt James Wolf also recently made the following trade(s):
- On Wednesday, April 1st, Kurt James Wolf sold 160,289 shares of Pitney Bowes stock. The stock was sold at an average price of $11.06, for a total value of $1,772,796.34.
- On Wednesday, March 11th, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The stock was sold at an average price of $10.38, for a total value of $1,557,000.00.
- On Monday, February 23rd, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The stock was sold at an average price of $10.30, for a total value of $1,545,000.00.
Pitney Bowes Price Performance
Shares of Pitney Bowes stock opened at $11.03 on Friday. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 0.76 and a beta of 1.39. The firm's 50-day moving average is $10.56 and its 200 day moving average is $10.53. Pitney Bowes Inc. has a 1 year low of $7.39 and a 1 year high of $13.11.
Pitney Bowes (NYSE:PBI - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.07. The business had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. Pitney Bowes's revenue was down 7.5% compared to the same quarter last year. During the same period last year, the business earned $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. On average, equities analysts expect that Pitney Bowes Inc. will post 1.21 EPS for the current fiscal year.
Pitney Bowes Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were given a $0.09 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.36 annualized dividend and a yield of 3.3%. Pitney Bowes's dividend payout ratio is 43.37%.
Wall Street Analysts Forecast Growth
A number of analysts have commented on PBI shares. Citizens Jmp reissued a "market outperform" rating and issued a $13.00 target price on shares of Pitney Bowes in a report on Wednesday, February 18th. Truist Financial began coverage on Pitney Bowes in a report on Friday, December 12th. They set a "hold" rating and a $11.00 price target on the stock. Zacks Research downgraded Pitney Bowes from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 19th. Weiss Ratings reissued a "hold (c)" rating on shares of Pitney Bowes in a research report on Friday, March 27th. Finally, Bank of America assumed coverage on shares of Pitney Bowes in a research note on Tuesday, February 17th. They set an "underperform" rating and a $9.00 target price on the stock. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $11.00.
Check Out Our Latest Research Report on PBI
Hedge Funds Weigh In On Pitney Bowes
Hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in shares of Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company's stock worth $38,000 after acquiring an additional 1,015 shares during the period. Hantz Financial Services Inc. lifted its holdings in Pitney Bowes by 190.9% in the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company's stock valued at $40,000 after acquiring an additional 2,459 shares during the period. UMB Bank n.a. lifted its holdings in Pitney Bowes by 404.6% in the fourth quarter. UMB Bank n.a. now owns 4,022 shares of the technology company's stock valued at $43,000 after acquiring an additional 3,225 shares during the period. Canada Pension Plan Investment Board purchased a new position in Pitney Bowes in the second quarter worth about $51,000. Finally, Copeland Capital Management LLC purchased a new position in Pitney Bowes in the fourth quarter worth about $65,000. 67.88% of the stock is owned by institutional investors.
About Pitney Bowes
(
Get Free Report)
Pitney Bowes Inc (NYSE: PBI) is an American technology company that specializes in shipping, mailing, and e-commerce solutions. Founded in 1920 by Walter Bowes and Arthur Pitney, the company pioneered postage meter technology and has since evolved to offer a broad portfolio of hardware, software, and services designed to streamline physical and digital communications. Headquartered in Stamford, Connecticut, Pitney Bowes leverages a century of expertise to serve enterprises, small businesses, and government agencies around the globe.
The company's core offerings span mailing and shipping equipment, including postage meters, folder inserters, and address verification systems, alongside integrated software platforms for customer information management, data analytics, and location intelligence.
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