Insider Selling: Pitney Bowes (NYSE:PBI) CEO Sells $898,971.65 in Stock

Posted by Joseph Griffin on Nov 5th, 2026

Pitney Bowes Inc. (NYSE:PBI – Get Free Report) CEO Kurt Wolf sold 51,517 shares of the company’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $17.45, for a total transaction of $898,971.65. Following the completion of the transaction, the chief executive officer directly owned 86,684 shares of the company’s stock, valued at $1,512,635.80. This represents a 37.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

On Monday, November 2nd, Kurt Wolf sold 150,000 shares of Pitney Bowes stock. The stock was sold at an average price of $16.23, for a total value of $2,434,500.00.
On Thursday, October 1st, Kurt Wolf sold 150,000 shares of Pitney Bowes stock. The shares were sold at an average price of $16.16, for a total value of $2,424,000.00.
On Thursday, September 17th, Kurt Wolf sold 23,887 shares of Pitney Bowes stock. The shares were sold at an average price of $17.43, for a total value of $416,350.41.
On Wednesday, September 16th, Kurt Wolf sold 25,371 shares of Pitney Bowes stock. The shares were sold at an average price of $17.43, for a total value of $442,216.53.
On Tuesday, September 15th, Kurt Wolf sold 150,000 shares of Pitney Bowes stock. The stock was sold at an average price of $17.31, for a total value of $2,596,500.00.
On Friday, August 28th, Kurt Wolf sold 397 shares of Pitney Bowes stock. The stock was sold at an average price of $17.42, for a total value of $6,915.74.
On Thursday, August 27th, Kurt Wolf sold 1,920 shares of Pitney Bowes stock. The stock was sold at an average price of $17.42, for a total value of $33,446.40.

Pitney Bowes Trading Up 3.3%

Shares of PBI opened at $16.02 on Thursday. The business’s 50 day moving average is $16.89 and its 200 day moving average is $14.88. The company has a market capitalization of $2.17 billion, a PE ratio of 8.76, a price-to-earnings-growth ratio of 0.63 and a beta of 1.74. Pitney Bowes Inc. has a 12-month low of $8.95 and a 12-month high of $19.07.

Pitney Bowes (NYSE:PBI – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The technology company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. Pitney Bowes had a negative return on equity of 30.45% and a net margin of 10.10%. The company had revenue of $456.18 million for the quarter, compared to analysts’ expectations of $458.24 million. During the same period in the previous year, the firm earned $0.31 EPS. The firm’s revenue was down .8% compared to the same quarter last year. Equities research analysts predict that Pitney Bowes Inc. will post 1.67 earnings per share for the current year.

Pitney Bowes Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 8th. Stockholders of record on Monday, November 16th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.5%. This is a boost from Pitney Bowes’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Monday, November 16th. Pitney Bowes’s payout ratio is presently 31.01%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Wall Street Zen downgraded shares of Pitney Bowes from a “strong-buy” rating to a “buy” rating in a report on Sunday. Weiss Ratings cut shares of Pitney Bowes from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, October 27th. Citigroup reissued a “market outperform” rating on shares of Pitney Bowes in a report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $17.30 price objective on shares of Pitney Bowes in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $18.45.

Read Our Latest Analysis on Pitney Bowes

Institutional Trading of Pitney Bowes

A number of large investors have recently added to or reduced their stakes in PBI. BlackRock Inc. bought a new position in Pitney Bowes during the second quarter valued at $220,473,000. Bank of New York Mellon Corp purchased a new position in shares of Pitney Bowes in the 2nd quarter worth $28,683,000. Hsbc Holdings PLC bought a new stake in shares of Pitney Bowes in the 2nd quarter worth about $27,762,000. Assenagon Asset Management S.A. increased its holdings in shares of Pitney Bowes by 3,481.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,309,845 shares of the technology company’s stock worth $21,377,000 after buying an additional 1,273,272 shares during the last quarter. Finally, Pacer Advisors Inc. bought a new stake in shares of Pitney Bowes in the 1st quarter worth about $12,950,000. Institutional investors own 67.88% of the company’s stock.

About Pitney Bowes

(Get Free Report)

Pitney Bowes Inc (NYSE:PBI) is a global technology and services company that helps businesses manage mailing, shipping and related communications. Its offerings include postage meters, mailing systems, shipping software, parcel management tools, address and data services, and equipment financing and support.

The company serves small businesses, large enterprises and government organizations through solutions designed to streamline the preparation, processing and delivery of physical mail and packages.