Pitney Bowes (NYSE:PBI) CEO Sells $14,092,459.38 in Stock

Pitney Bowes Inc. (NYSE:PBI) CEO Kurt James Wolf sold 966,561 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $14.58, for a total transaction of $14,092,459.38. Following the completion of the sale, the chief executive officer directly owned 452,628 shares in the company, valued at $6,599,316.24. This trade represents a 68.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Kurt James Wolf also recently made the following trade(s):

• On Friday, May 8th, Kurt James Wolf sold 389,161 shares of Pitney Bowes stock. The shares were sold at an average price of $15.69, for a total transaction of $6,105,936.09.
• On Thursday, May 7th, Kurt James Wolf sold 597,224 shares of Pitney Bowes stock. The shares were sold at an average price of $15.59, for a total transaction of $9,310,722.16.
• On Thursday, April 2nd, Kurt James Wolf sold 39,919 shares of Pitney Bowes stock. The shares were sold at an average price of $11.14, for a total transaction of $444,697.66.
• On Wednesday, April 1st, Kurt James Wolf sold 160,289 shares of Pitney Bowes stock. The shares were sold at an average price of $11.06, for a total transaction of $1,772,796.34.
• On Wednesday, March 11th, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The shares were 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 shares were sold at an average price of $10.30, for a total value of $1,545,000.00.

Pitney Bowes Stock Up 0.7%

NYSE:PBI traded up $0.11 during trading hours on Friday, reaching $15.69. The company had a trading volume of 3,083,475 shares, compared to its average volume of 2,844,442. The stock has a 50-day moving average of $11.94 and a two-hundred day moving average of $10.87. Pitney Bowes Inc. has a one year low of $8.95 and a one year high of $15.95. The firm has a market capitalization of $2.25 billion, a PE ratio of 15.23, a PEG ratio of 0.96 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.47 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.47. The firm had revenue of $477.41 million for the quarter, compared to analysts’ expectations of $471.83 million. Pitney Bowes had a negative return on equity of 33.41% and a net margin of 8.92%.The business’s revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.33 earnings per share. As a group, sell-side analysts expect that Pitney Bowes Inc. will post 1.58 earnings per share for the current year.

Pitney Bowes Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 18th will be given a dividend of $0.01 per share. The ex-dividend date is Monday, May 18th. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. Pitney Bowes’s dividend payout ratio is 34.95%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Citizens Jmp boosted their price objective on Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a research note on Friday, April 17th. The Goldman Sachs Group set a $15.20 price target on Pitney Bowes in a report on Friday. Zacks Research downgraded shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Citigroup restated an “outperform” rating on shares of Pitney Bowes in a research report on Friday, April 17th. Finally, Truist Financial boosted their target price on shares of Pitney Bowes from $11.00 to $15.00 and gave the stock a “hold” rating in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $13.30.

Institutional Trading of Pitney Bowes

A number of hedge funds and other institutional investors have recently modified their holdings of PBI. Royal Bank of Canada increased its holdings in shares of Pitney Bowes by 133.1% in the first quarter. Royal Bank of Canada now owns 52,958 shares of the technology company’s stock valued at $478,000 after purchasing an additional 30,238 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Pitney Bowes by 5.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 97,424 shares of the technology company’s stock valued at $882,000 after acquiring an additional 5,149 shares during the last quarter. United Services Automobile Association bought a new position in Pitney Bowes in the first quarter valued at about $96,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Pitney Bowes by 18.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 470,488 shares of the technology company’s stock valued at $4,258,000 after acquiring an additional 72,437 shares during the last quarter. Finally, Intech Investment Management LLC boosted its holdings in Pitney Bowes by 15.5% in the first quarter. Intech Investment Management LLC now owns 195,309 shares of the technology company’s stock valued at $1,768,000 after acquiring an additional 26,260 shares during the last quarter. Institutional investors and hedge funds own 67.88% of the company’s stock.

Key Stories Impacting Pitney Bowes

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Sidoti raised several Pitney Bowes earnings estimates for 2026 and 2027, including full-year FY2026 and FY2027 forecasts, signaling improving profit expectations. Sidoti analyst estimate updates for Pitney Bowes
• Positive Sentiment: Pitney Bowes was added to the Zacks Rank #1 (Strong Buy) momentum list, which may draw trader and momentum investor interest. New Strong Buy Stocks for May 8th
• Positive Sentiment: Another Zacks note highlighted PBI as a possible near-term surge candidate, citing solid earnings estimate revisions. Why Pitney Bowes Might Be Well Poised for a Surge
• Positive Sentiment: The company’s recent earnings results were solid, with adjusted EPS meeting expectations and revenue coming in above forecasts, reinforcing the case for better fundamentals. Pitney Bowes Q1 2026 Earnings Transcript
• Neutral Sentiment: Yahoo Finance also published a piece asking whether the current valuation already reflects Pitney Bowes’ strong multi-year share price performance, suggesting debate about upside versus full pricing. Is Pitney Bowes Pricing Reflecting Its Strong Multi Year Share Price Performance
• Negative Sentiment: There was also a report framing PBI as trading lower earlier, likely reflecting short-term profit-taking or mixed market reaction to the news flow. Why Pitney Bowes stock is trading lower today

About Pitney Bowes

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.