Pitney Bowes (NYSE:PBI) CEO Sells $416,350.41 in Stock

17 Sep 2026, 23:09 by Michael Walen · The Markets Daily

Pitney Bowes Inc. (NYSE:PBI – Get Free Report) CEO Kurt Wolf sold 23,887 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $17.43, for a total value of $416,350.41. Following the transaction, the chief executive officer owned 104,821 shares in the company, valued at $1,827,030.03. This trade represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

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 shares were sold at an average price of $17.31, for a total transaction 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 transaction 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 transaction of $33,446.40.
On Monday, August 3rd, Kurt Wolf sold 413,266 shares of Pitney Bowes stock. The shares were sold at an average price of $18.11, for a total transaction of $7,484,247.26.
On Friday, July 31st, Kurt Wolf sold 211,483 shares of Pitney Bowes stock. The stock was sold at an average price of $17.53, for a total transaction of $3,707,296.99.
On Thursday, July 30th, Kurt Wolf sold 430,443 shares of Pitney Bowes stock. The stock was sold at an average price of $18.23, for a total transaction of $7,846,975.89.
On Tuesday, July 7th, Kurt Wolf sold 316,280 shares of Pitney Bowes stock. The stock was sold at an average price of $17.10, for a total transaction of $5,408,388.00.
On Monday, July 6th, Kurt Wolf sold 55,861 shares of Pitney Bowes stock. The shares were sold at an average price of $16.91, for a total transaction of $944,609.51.
On Thursday, July 2nd, Kurt Wolf sold 150,000 shares of Pitney Bowes stock. The shares were sold at an average price of $16.83, for a total transaction of $2,524,500.00.

Pitney Bowes Stock Down 0.0%

Shares of PBI stock traded down $0.01 on Thursday, reaching $17.30. 1,685,874 shares of the stock were exchanged, compared to its average volume of 2,556,658. The stock has a market cap of $2.37 billion, a P/E ratio of 14.18, a price-to-earnings-growth ratio of 0.69 and a beta of 1.64. The firm has a 50 day moving average of $17.40 and a two-hundred day moving average of $15.32. Pitney Bowes Inc. has a 1-year low of $8.95 and a 1-year high of $19.07.

Pitney Bowes (NYSE:PBI – Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09. The firm had revenue of $451.50 million for the quarter, compared to analysts’ expectations of $453.94 million. Pitney Bowes had a negative return on equity of 31.37% and a net margin of 10.04%.The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 earnings per share. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, equities research analysts predict that Pitney Bowes Inc. will post 1.68 EPS for the current fiscal year.

Pitney Bowes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th were issued a dividend of $0.01 per share. The ex-dividend date was Monday, August 10th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pitney Bowes’s payout ratio is presently 32.79%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PBI. Citizens Jmp lifted their price target on shares of Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a research report on Friday, July 31st. Zacks Research upgraded Pitney Bowes from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Citigroup reissued a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. Truist Financial upped their target price on Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $17.30 price target on shares of Pitney Bowes in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $18.45.

Read Our Latest Stock Report on Pitney Bowes

Institutional Trading of Pitney Bowes

Several institutional investors have recently added to or reduced their stakes in PBI. BlackRock Inc. acquired a new position in Pitney Bowes during the 2nd quarter worth $220,473,000. LSV Asset Management raised its stake in shares of Pitney Bowes by 246.7% in the 4th quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock valued at $44,364,000 after purchasing an additional 2,986,689 shares in the last quarter. Permit Capital LLC lifted its position in shares of Pitney Bowes by 14.0% during the fourth quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company’s stock worth $34,352,000 after purchasing an additional 400,000 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Pitney Bowes during the second quarter worth about $28,683,000. Finally, Hsbc Holdings PLC acquired a new position in Pitney Bowes in the second quarter worth about $27,762,000. 67.88% of the stock is owned by institutional investors and hedge funds.

About Pitney Bowes

(Get Free Report)

Pitney Bowes Inc (NYSE:PBI) is a global technology, shipping and mailing company that provides solutions for businesses managing physical and digital communications, parcels and mail. Its offerings include mailing and shipping equipment, software, supplies, services and financing options designed to help organizations process, track and deliver items.