Pitney Bowes (NYSE:PBI) CEO Kurt James Wolf Sells 966,561 Shares of Stock

Pitney Bowes Inc. (NYSE:PBI) CEO Kurt James Wolf sold 966,561 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was 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 approximately $6,599,316.24. This trade represents a 68.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 stock was 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 stock was 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 stock was 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 stock was 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 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 stock was sold at an average price of $10.30, for a total transaction of $1,545,000.00.

Pitney Bowes Trading Up 0.7%

NYSE:PBI opened at $15.69 on Friday. The company has a 50-day moving average price of $11.94 and a 200-day moving average price of $10.87. Pitney Bowes Inc. has a 12 month low of $8.95 and a 12 month high of $15.95. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 15.23, a P/E/G ratio of 0.98 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Pitney Bowes had a net margin of 8.92% and a negative return on equity of 33.41%. The firm had revenue of $477.41 million during the quarter, compared to analysts’ expectations of $471.83 million. During the same period last year, the company posted $0.33 EPS. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. Equities analysts forecast that Pitney Bowes Inc. will post 1.6 EPS 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. Stockholders of record on Monday, May 18th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, May 18th. Pitney Bowes’s dividend payout ratio (DPR) is currently 34.95%.

Key Headlines 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

Analysts Set New Price Targets

PBI has been the subject of several research analyst reports. Citizens Jmp raised their target price on shares of Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a research report on Friday, April 17th. 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. Zacks Research cut shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Weiss Ratings cut shares of Pitney Bowes from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Finally, Truist Financial lifted their price target on shares of Pitney Bowes from $11.00 to $15.00 and gave the company a “hold” rating in a research report on Thursday. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $13.30.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PBI. Capital Management Corp VA raised its holdings in 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 buying an additional 176,180 shares during the last quarter. Evergreen Wealth Management LLC purchased a new position in Pitney Bowes in the third quarter worth about $6,691,000. LSV Asset Management purchased a new position in Pitney Bowes in the third quarter worth about $13,812,000. Phoenix Financial Ltd. purchased a new position in Pitney Bowes in the third quarter worth about $3,493,000. Finally, Mizuho Markets Americas LLC purchased a new position in Pitney Bowes in the third quarter worth about $7,683,000. 67.88% of the stock is owned by hedge funds and other 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.