Pitney Bowes (NYSE:PBI) CEO Sells $6,105,936.09 in Stock

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

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 stock was sold at an average price of $15.59, for a total transaction 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 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 stock was sold at an average price of $10.30, for a total transaction of $1,545,000.00.

Pitney Bowes Stock Performance

Shares of NYSE:PBI opened at $15.69 on Monday. The firm’s 50 day simple moving average is $11.94 and its 200-day simple moving average is $10.87. Pitney Bowes Inc. has a one year low of $8.95 and a one year high of $15.95. The firm has a market cap of $2.12 billion, a PE ratio of 15.23, a price-to-earnings-growth ratio of 0.99 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. Pitney Bowes had a negative return on equity of 33.41% and a net margin of 8.92%.The firm had revenue of $477.41 million during the quarter, compared to analyst estimates of $471.83 million. During the same quarter in the previous year, the business earned $0.33 earnings per share. Pitney Bowes’s quarterly revenue was down 3.2% on a year-over-year basis. Equities research analysts predict that Pitney Bowes Inc. will post 1.61 EPS for the current fiscal year.

Pitney Bowes Cuts Dividend

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PBI. Weiss Ratings upgraded Pitney Bowes from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. Bank of America began coverage on shares of Pitney Bowes in a report on Tuesday, February 17th. They set an “underperform” rating and a $9.00 target price on the stock. The Goldman Sachs Group set a $15.20 price target on shares of Pitney Bowes in a report on Friday. Citizens Jmp upped their price target 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. Finally, Citigroup reiterated an “outperform” rating on shares of Pitney Bowes in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Pitney Bowes currently has an average rating of “Hold” and a consensus target price of $13.30.

Hedge Funds Weigh In On Pitney Bowes

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. LSV Asset Management raised its holdings in Pitney Bowes by 246.7% in the fourth quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock worth $44,364,000 after purchasing an additional 2,986,689 shares in the last quarter. Cannell & Spears LLC boosted its holdings in shares of Pitney Bowes by 89.5% in the 3rd quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock valued at $38,389,000 after buying an additional 1,588,579 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Pitney Bowes in the 1st quarter valued at about $16,403,000. Millennium Management LLC grew its position in shares of Pitney Bowes by 60.2% in the 4th quarter. Millennium Management LLC now owns 2,630,801 shares of the technology company’s stock worth $27,808,000 after buying an additional 988,653 shares during the last quarter. Finally, Cibc World Market Inc. raised its stake in shares of Pitney Bowes by 2,724.6% during the 3rd quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company’s stock worth $9,540,000 after acquiring an additional 806,471 shares in the last quarter. Hedge funds and other 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.