Insider Selling: Pitney Bowes (NYSE:PBI) CEO Sells 1,920 Shares

Pitney Bowes Inc. (NYSE:PBI) CEO Kurt James Wolf sold 1,920 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $17.42, for a total transaction of $33,446.40. Following the completion of the sale, the chief executive officer owned 122,790 shares of the company’s stock, valued at approximately $2,139,001.80. This trade represents a 1.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, August 28th, Kurt James Wolf sold 397 shares of Pitney Bowes stock. The shares were sold at an average price of $17.42, for a total value of $6,915.74.
• On Monday, August 3rd, Kurt James Wolf sold 413,266 shares of Pitney Bowes stock. The shares were sold at an average price of $18.11, for a total transaction of $7,484,247.26.
• On Friday, July 31st, Kurt James Wolf sold 211,483 shares of Pitney Bowes stock. The shares were sold at an average price of $17.53, for a total transaction of $3,707,296.99.
• On Thursday, July 30th, Kurt James Wolf sold 430,443 shares of Pitney Bowes stock. The stock was 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 value 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 value of $944,609.51.
• On Thursday, July 2nd, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The shares were sold at an average price of $16.83, for a total value 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 value of $5,617,224.60.
• On Thursday, June 11th, Kurt James Wolf sold 210,871 shares of Pitney Bowes stock. The stock was 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.

Pitney Bowes Stock Down 0.5%

Shares of NYSE PBI traded down $0.08 during midday trading on Monday, hitting $17.13. The company had a trading volume of 1,187,381 shares, compared to its average volume of 2,618,691. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 0.69 and a beta of 1.63. Pitney Bowes Inc. has a twelve month low of $8.95 and a twelve month high of $19.07. The business has a 50-day simple moving average of $17.41 and a two-hundred day simple moving average of $14.71.

Pitney Bowes (NYSE:PBI) last issued its earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.09. The company had revenue of $451.50 million for the quarter, compared to analyst estimates of $453.94 million. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 31.37%. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.27 earnings per share. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, equities analysts forecast that Pitney Bowes Inc. will post 1.68 EPS for the current year.

Pitney Bowes Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, August 10th. Pitney Bowes’s dividend payout ratio (DPR) is 32.79%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PBI shares. Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a research note on Friday, July 31st. Bank of America upgraded Pitney Bowes from an “underperform” rating to a “neutral” rating and increased their target price for the company from $9.50 to $16.50 in a research note on Monday, May 11th. Citizens Jmp boosted their price target on Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. Finally, Truist Financial lifted their price target on shares of Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Pitney Bowes currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.45.

Institutional Trading of Pitney Bowes

Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its holdings in shares of Pitney Bowes by 133.1% during 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 in the last quarter. United Services Automobile Association acquired a new position in shares of Pitney Bowes during the first quarter valued at approximately $96,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position 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 worth $4,258,000 after purchasing an additional 72,437 shares during the period. Finally, Intech Investment Management LLC boosted its stake in Pitney Bowes by 15.5% during the 1st quarter. Intech Investment Management LLC now owns 195,309 shares of the technology company’s stock valued at $1,768,000 after purchasing an additional 26,260 shares in the last quarter. Institutional investors own 67.88% of the company’s stock.

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.