Insider Selling: Pitney Bowes (NYSE:PBI) CEO Sells 150,000 Shares of Stock

13 Mar 2026, 14:28 by Michael Walen · The Markets Daily

Pitney Bowes Inc. (NYSE:PBI – Get Free Report) CEO Kurt James Wolf sold 150,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $10.38, for a total transaction of $1,557,000.00. Following the completion of the transaction, the chief executive officer owned 557,637 shares in the company, valued at approximately $5,788,272.06. The trade was a 21.20% 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 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

PBI traded up $0.15 during trading on Friday, hitting $10.29. 415,400 shares of the stock were exchanged, compared to its average volume of 2,190,403. Pitney Bowes Inc. has a 1 year low of $7.39 and a 1 year high of $13.11. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 12.40, a P/E/G ratio of 0.72 and a beta of 1.42. The firm has a 50 day simple moving average of $10.48 and a 200 day simple moving average of $10.68.

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

Pitney Bowes Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, February 27th. Pitney Bowes’s dividend payout ratio is presently 43.37%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PBI. LSV Asset Management lifted its position in shares of Pitney Bowes by 246.7% during the 4th 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 during the last quarter. Cannell & Spears LLC boosted its position in shares of Pitney Bowes by 89.5% during the 3rd quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock worth $38,389,000 after acquiring an additional 1,588,579 shares in the last quarter. Millennium Management LLC increased its holdings 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 valued at $27,808,000 after acquiring an additional 988,653 shares during the last quarter. Cibc World Market Inc. boosted its holdings in Pitney Bowes by 2,724.6% in the third quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company’s stock valued at $9,540,000 after purchasing an additional 806,471 shares in the last quarter. Finally, Mizuho Markets Americas LLC purchased a new position in Pitney Bowes in the third quarter valued at approximately $7,683,000. Hedge funds and other institutional investors own 67.88% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on PBI. Citizens Jmp reaffirmed a “market outperform” rating and issued a $13.00 price target on shares of Pitney Bowes in a report on Wednesday, February 18th. Bank of America assumed coverage on Pitney Bowes in a research note on Tuesday, February 17th. They set an “underperform” rating and a $9.00 price objective for the company. Truist Financial started coverage on Pitney Bowes in a research report on Friday, December 12th. They set a “hold” rating and a $11.00 price target for the company. Zacks Research downgraded Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 19th. Finally, Citigroup initiated coverage on shares of Pitney Bowes in a report on Wednesday, December 3rd. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $11.00.

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Pitney Bowes Company Profile

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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.