Pitney Bowes (NYSE:PBI) CEO Kurt James Wolf Sells 597,224 Shares

Pitney Bowes Inc. (NYSE:PBI) CEO Kurt James Wolf sold 597,224 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $15.59, for a total transaction of $9,310,722.16. Following the transaction, the chief executive officer owned 398,878 shares of the company’s stock, valued at $6,218,508.02. This trade represents a 59.96% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 Wednesday, May 6th, Kurt James Wolf sold 966,561 shares of Pitney Bowes stock. The shares were sold at an average price of $14.58, for a total transaction of $14,092,459.38.
• 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 transaction 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 transaction of $1,545,000.00.

Pitney Bowes Price Performance

PBI opened at $15.69 on Friday. The company has a fifty day moving average price of $11.94 and a 200-day moving average price of $10.87. The firm has a market capitalization of $2.12 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 0.98 and a beta of 1.64. Pitney Bowes Inc. has a one year low of $8.95 and a one year high of $15.95.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. The firm had revenue of $477.41 million during the quarter, compared to analyst estimates of $471.83 million. Pitney Bowes had a net margin of 8.92% and a negative return on equity of 33.41%. The business’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.33 EPS. On average, analysts expect that Pitney Bowes Inc. will post 1.6 earnings per share for the current year.

Pitney Bowes Cuts Dividend

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

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

Institutional Trading of Pitney Bowes

Several institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in Pitney Bowes by 9.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,331,315 shares of the technology company’s stock valued at $25,760,000 after buying an additional 193,145 shares during the period. KBC Group NV boosted its position in Pitney Bowes by 76.6% during the first quarter. KBC Group NV now owns 8,013 shares of the technology company’s stock valued at $89,000 after buying an additional 3,475 shares during the period. Fifth Third Bancorp boosted its position in Pitney Bowes by 10,220.1% during the first quarter. Fifth Third Bancorp now owns 95,874 shares of the technology company’s stock valued at $1,059,000 after buying an additional 94,945 shares during the period. HB Wealth Management LLC boosted its position in Pitney Bowes by 3.0% during the first quarter. HB Wealth Management LLC now owns 62,446 shares of the technology company’s stock valued at $690,000 after buying an additional 1,807 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Pitney Bowes by 10.1% during the first quarter. Janney Montgomery Scott LLC now owns 149,945 shares of the technology company’s stock valued at $1,657,000 after buying an additional 13,727 shares during the period. 67.88% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PBI has been the subject of several research reports. Truist Financial upped their target price on shares of Pitney Bowes from $11.00 to $15.00 and gave the stock a “hold” rating in a research report on Thursday. Bank of America initiated coverage on shares of Pitney Bowes in a research report on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 target price for the company. Wall Street Zen upgraded shares of Pitney Bowes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 25th. Weiss Ratings lowered shares of Pitney Bowes from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Finally, Zacks Research lowered shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Two 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 stock. According to data from MarketBeat, Pitney Bowes presently has an average rating of “Hold” and an average target price of $13.30.

Pitney Bowes Company Profile

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.