Pitney Bowes Inc. (NYSE:PBI - Get Free Report) CEO Kurt James Wolf sold 211,483 shares of the business's stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $17.53, for a total value of $3,707,296.99. Following the completion of the sale, the chief executive officer owned 160,157 shares in the company, valued at $2,807,552.21. The trade was a 56.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Kurt James Wolf also recently made the following trade(s):
- On Monday, August 3rd, Kurt James Wolf sold 413,266 shares of Pitney Bowes stock. The stock was sold at an average price of $18.11, for a total transaction of $7,484,247.26.
- On Thursday, July 30th, Kurt James Wolf sold 430,443 shares of Pitney Bowes stock. The shares were sold at an average price of $18.23, for a total transaction of $7,846,975.89.
- On Tuesday, July 7th, Kurt James Wolf sold 316,280 shares of Pitney Bowes stock. The stock was sold at an average price of $17.10, for a total transaction of $5,408,388.00.
- On Monday, July 6th, Kurt James Wolf sold 55,861 shares of Pitney Bowes stock. The stock was sold at an average price of $16.91, for a total transaction of $944,609.51.
- On Thursday, July 2nd, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The stock was sold at an average price of $16.83, for a total transaction of $2,524,500.00.
- On Friday, June 12th, Kurt James Wolf sold 322,829 shares of Pitney Bowes stock. The shares were sold at an average price of $17.40, for a total transaction of $5,617,224.60.
- On Thursday, June 11th, Kurt James Wolf sold 210,871 shares of Pitney Bowes stock. The shares were sold at an average price of $17.02, for a total transaction of $3,589,024.42.
- On Wednesday, June 10th, Kurt James Wolf sold 281,117 shares of Pitney Bowes stock. The shares were sold at an average price of $16.93, for a total transaction of $4,759,310.81.
- On Friday, May 22nd, Kurt James Wolf sold 40,476 shares of Pitney Bowes stock. The stock was sold at an average price of $15.62, for a total transaction of $632,235.12.
- On Friday, May 8th, Kurt James Wolf sold 389,161 shares of Pitney Bowes stock. The stock was sold at an average price of $15.69, for a total transaction of $6,105,936.09.
Pitney Bowes Price Performance
Shares of NYSE PBI opened at $18.03 on Tuesday. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of 14.78, a PEG ratio of 0.77 and a beta of 1.62. The business has a 50-day moving average of $17.37 and a 200-day moving average of $13.84. Pitney Bowes Inc. has a fifty-two week low of $8.95 and a fifty-two week high of $19.07.
Pitney Bowes (NYSE:PBI - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.09. Pitney Bowes had a negative return on equity of 31.37% and a net margin of 10.04%.The business had revenue of $451.50 million for the quarter, compared to the consensus estimate of $453.94 million. During the same quarter in the previous year, the business earned $0.27 earnings per share. Pitney Bowes's quarterly revenue was down 2.4% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, sell-side analysts expect that Pitney Bowes Inc. will post 1.65 EPS for the current year.
Pitney Bowes Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. Pitney Bowes's payout ratio is 32.79%.
Institutional Trading of Pitney Bowes
Several institutional investors and hedge funds have recently bought and sold shares of the business. Longview Financial Advisors Inc. acquired a new stake in shares of Pitney Bowes in the first quarter valued at approximately $26,000. EverSource Wealth Advisors LLC increased its holdings in shares of Pitney Bowes by 41.3% during the 2nd 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 last quarter. Hantz Financial Services Inc. increased its holdings in shares of Pitney Bowes by 190.9% during the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company's stock worth $40,000 after acquiring an additional 2,459 shares during the last quarter. UMB Bank n.a. raised its stake in Pitney Bowes by 404.6% in the 4th 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. Finally, Canada Pension Plan Investment Board bought a new stake in Pitney Bowes in the 2nd quarter valued at $51,000. Institutional investors own 67.88% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. Citigroup reissued a "market outperform" rating on shares of Pitney Bowes in a report on Friday. Weiss Ratings upgraded shares of Pitney Bowes from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday. Citizens Jmp upped their price target on shares of Pitney Bowes from $19.00 to $22.00 and gave the stock a "market outperform" rating in a research report on Friday. Bank of America upgraded shares of Pitney Bowes from an "underperform" rating to a "neutral" rating and increased their price target for the company from $9.50 to $16.50 in a research note on Monday, May 11th. Finally, Truist Financial lifted their price objective on shares of Pitney Bowes from $15.00 to $18.00 and gave the company a "hold" rating in a research report on Friday. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $18.45.
Read Our Latest Report on Pitney Bowes
Pitney Bowes News Summary
Here are the key news stories impacting Pitney Bowes this week:
- Positive Sentiment: Higher price target: Sidoti reportedly raised its Pitney Bowes price target to $22, indicating potential upside from recent trading levels. Pitney Bowes Price Target Raised to $22.00
- Positive Sentiment: Turnaround and valuation appeal: Greystone Capital described PBI as a mispriced niche industrial with durable fundamentals, a roughly 15% free-cash-flow yield, potential asset monetization and upside from strategic initiatives, including buybacks. The firm lists PBI among its top five positions. Greystone Capital Q2 2026 Letter
- Positive Sentiment: Dividend appeal: A recent analysis highlights Pitney Bowes as a potentially attractive dividend stock, which may support interest from income-oriented investors. Why Pitney Bowes Is a Top Dividend Stock
- Neutral Sentiment: Recent earnings backdrop: Pitney Bowes exceeded quarterly EPS expectations, reporting $0.43 versus a $0.34 consensus estimate, although revenue declined year over year and management continues to face margin and debt-related headwinds.
- Negative Sentiment: Heavy CEO selling: CEO Kurt James Wolf sold approximately 1.06 million shares across transactions dated July 30 through August 3, raising about $19.0 million and reducing his ownership by roughly 71% overall. While insider sales can reflect personal liquidity needs, the scale of the transactions may concern investors. SEC Insider Trading Filing
Pitney Bowes Company Profile
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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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