Insider Selling: Pitney Bowes (NYSE:PBI) CEO Sells 39,919 Shares of Stock

Key Points

• Pitney Bowes CEO Kurt James Wolf sold 39,919 shares on April 2 at an average price of $11.14 for about $444,698 under a pre-arranged Rule 10b5-1 plan, cutting his position to 539,618 shares (a 6.89% reduction) after multiple large sales since February.
• PBI shares trade around $11; the company recently beat EPS estimates ($0.45 vs. $0.38) while revenue fell 7.5% year‑over‑year, set FY2026 guidance of $1.40–$1.60 EPS, and pays a $0.09 quarterly dividend (≈3.3% yield).

Pitney Bowes Inc. (NYSE:PBI - Get Free Report) CEO Kurt James Wolf sold 39,919 shares of Pitney Bowes stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $11.14, for a total value of $444,697.66. Following the transaction, the chief executive officer owned 539,618 shares in the company, valued at approximately $6,011,344.52. The trade was a 6.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 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 value 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 Price Performance

Shares of PBI traded up $0.00 during mid-day trading on Friday, reaching $11.03. The stock had a trading volume of 2,661,613 shares, compared to its average volume of 3,205,870. Pitney Bowes Inc. has a 52-week low of $7.39 and a 52-week high of $13.11. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 13.29, a P/E/G ratio of 0.77 and a beta of 1.39. The business's fifty day moving average is $10.54 and its 200 day moving average is $10.53.

Pitney Bowes (NYSE:PBI - Get Free Report) last posted its earnings results on Tuesday, February 17th. The technology company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. The company had revenue of $477.63 million for the quarter, compared to analyst estimates of $482.47 million. During the same period in the previous year, the business posted $0.32 EPS. Pitney Bowes's revenue was down 7.5% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. As a group, sell-side analysts anticipate that Pitney Bowes Inc. will post 1.21 EPS for the current fiscal year.

Pitney Bowes Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, February 27th were given a $0.09 dividend. The ex-dividend date was Friday, February 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.3%. Pitney Bowes's payout ratio is currently 43.37%.

Hedge Funds Weigh In On Pitney Bowes

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its position in shares of Pitney Bowes by 41.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company's stock worth $38,000 after buying an additional 1,015 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in Pitney Bowes by 190.9% in the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company's stock worth $40,000 after acquiring an additional 2,459 shares during the last quarter. UMB Bank n.a. grew its holdings in Pitney Bowes by 404.6% during the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company's stock worth $43,000 after acquiring an additional 3,225 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Pitney Bowes in the 2nd quarter valued at approximately $51,000. Finally, Copeland Capital Management LLC purchased a new stake in shares of Pitney Bowes in the 4th quarter valued at approximately $65,000. Hedge funds and other institutional investors own 67.88% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on PBI. Zacks Research cut shares of Pitney Bowes from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 19th. Citizens Jmp reissued a "market outperform" rating and issued a $13.00 price target on shares of Pitney Bowes in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Pitney Bowes in a research report on Friday, March 27th. Truist Financial assumed coverage on shares of Pitney Bowes in a report on Friday, December 12th. They issued a "hold" rating and a $11.00 target price for the company. Finally, Bank of America began coverage on Pitney Bowes in a research report on Tuesday, February 17th. They issued an "underperform" rating and a $9.00 target price on the stock. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $11.00.

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.

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