Pitney Bowes (NYSE:PBI) CEO Kurt James Wolf Sells 389,161 Shares

Pitney Bowes Inc. (NYSE:PBI) CEO Kurt James Wolf sold 389,161 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $15.69, for a total transaction of $6,105,936.09. Following the sale, the chief executive officer owned 363,853 shares in the company, valued at $5,708,853.57. The trade was a 51.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• 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 value of $9,310,722.16.
• On Wednesday, May 6th, Kurt James Wolf sold 966,561 shares of Pitney Bowes stock. The stock was sold at an average price of $14.58, for a total value 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 value 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 value of $1,772,796.34.
• On Wednesday, March 11th, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The stock was 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 Stock Performance

Pitney Bowes stock traded up $0.11 during midday trading on Friday, reaching $15.69. 3,083,475 shares of the stock were exchanged, compared to its average volume of 2,844,442. Pitney Bowes Inc. has a 52 week low of $8.95 and a 52 week high of $15.95. The firm has a market cap of $2.25 billion, a PE ratio of 15.23, a PEG ratio of 0.96 and a beta of 1.64. The company’s fifty day moving average is $11.94 and its 200-day moving average is $10.87.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The firm had revenue of $477.41 million during the quarter, compared to the consensus estimate 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 quarterly revenue was down 3.2% compared to the same quarter last year. During the same period last year, the firm earned $0.33 EPS. On average, sell-side analysts anticipate that Pitney Bowes Inc. will post 1.58 earnings per share for the current fiscal year.

Pitney Bowes Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders 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 annualized dividend and a yield of 0.3%. Pitney Bowes’s payout ratio is presently 34.95%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group set a $15.20 price objective on shares of Pitney Bowes in a report on Friday. Bank of America initiated coverage on Pitney Bowes in a research note on Tuesday, February 17th. They set an “underperform” rating and a $9.00 price target for the company. Weiss Ratings lowered Pitney Bowes from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Citigroup restated an “outperform” rating on shares of Pitney Bowes in a research report on Friday, April 17th. Finally, Zacks Research cut shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $13.30.

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

Hedge Funds Weigh In On Pitney Bowes

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Capital Management Corp VA grew its holdings in shares of Pitney Bowes by 8.2% in the third quarter. Capital Management Corp VA now owns 2,337,760 shares of the technology company’s stock worth $26,674,000 after purchasing an additional 176,180 shares during the last quarter. Evergreen Wealth Management LLC purchased a new stake in Pitney Bowes during the 3rd quarter valued at $6,691,000. LSV Asset Management bought a new stake in Pitney Bowes in the 3rd quarter worth $13,812,000. Phoenix Financial Ltd. bought a new stake in Pitney Bowes in the 3rd quarter worth $3,493,000. Finally, Mizuho Markets Americas LLC bought a new stake in Pitney Bowes in the 3rd quarter worth $7,683,000. 67.88% of the stock is currently owned by institutional investors.

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.