Insider Selling: Pitney Bowes (NYSE:PBI) CEO Sells 322,829 Shares of Stock

12 Jun 2026, 19:06 by Teresa Graham · The Cerbat Gem

Pitney Bowes Inc. (NYSE:PBI – Get Free Report) CEO Kurt James Wolf sold 322,829 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $17.40, for a total value of $5,617,224.60. Following the completion of the transaction, the chief executive officer directly owned 264,922 shares in the company, valued at approximately $4,609,642.80. This represents a 54.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

On Thursday, June 11th, Kurt James Wolf sold 210,871 shares of Pitney Bowes stock. The shares were sold at an average price of $17.02, for a total value of $3,589,024.42.
On Wednesday, June 10th, Kurt James Wolf sold 281,117 shares of Pitney Bowes stock. The shares were sold at an average price of $16.93, for a total value of $4,759,310.81.
On Friday, May 22nd, Kurt James Wolf sold 40,476 shares of Pitney Bowes stock. The shares were sold at an average price of $15.62, for a total transaction of $632,235.12.
On Friday, May 8th, Kurt James Wolf sold 389,161 shares of Pitney Bowes stock. The shares were 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 shares were 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 shares were 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.

Pitney Bowes Trading Up 0.9%

NYSE PBI traded up $0.16 during trading on Friday, reaching $17.30. The company’s stock had a trading volume of 2,985,341 shares, compared to its average volume of 2,858,893. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 0.76 and a beta of 1.63. Pitney Bowes Inc. has a 12 month low of $8.95 and a 12 month high of $17.59. The firm has a 50 day moving average price of $14.68 and a 200 day moving average price of $11.91.

Pitney Bowes (NYSE:PBI – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. On average, equities analysts forecast that Pitney Bowes Inc. will post 1.62 EPS for the current fiscal year.

Pitney Bowes Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 18th were given a $0.01 dividend. The ex-dividend date was Monday, May 18th. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. Pitney Bowes’s payout ratio is presently 38.83%.

Institutional Trading of Pitney Bowes

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Longview Financial Advisors Inc. acquired a new stake in shares of Pitney Bowes during the 1st quarter valued at $26,000. EverSource Wealth Advisors LLC raised its position in Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after purchasing an additional 1,015 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Pitney Bowes by 190.9% during the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock valued at $40,000 after purchasing an additional 2,459 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Pitney Bowes by 404.6% during the fourth quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock valued at $43,000 after purchasing an additional 3,225 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Pitney Bowes during the second quarter worth about $51,000. Institutional investors own 67.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on PBI. Citizens Jmp boosted their target price on shares of Pitney Bowes from $17.00 to $19.00 and gave the company a “market outperform” rating in a research report on Friday, June 5th. Wall Street Zen upgraded shares of Pitney Bowes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 25th. Weiss Ratings upgraded shares of Pitney Bowes from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Bank of America upgraded shares of Pitney Bowes from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $9.50 to $16.50 in a research report on Monday, May 11th. Finally, The Goldman Sachs Group set a $15.20 target price on Pitney Bowes in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Pitney Bowes presently has a consensus rating of “Moderate Buy” and an average price target of $16.43.

Read Our Latest Research Report on PBI

Pitney Bowes Company Profile

(Get Free Report)

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.