Kurt James Wolf Sells 40,476 Shares of Pitney Bowes (NYSE:PBI) Stock

Posted by Brian Himes on May 28th, 2026

Pitney Bowes Inc. (NYSE:PBI – Get Free Report) CEO Kurt James Wolf sold 40,476 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $15.62, for a total transaction of $632,235.12. Following the completion of the transaction, the chief executive officer owned 360,210 shares of the company’s stock, valued at $5,626,480.20. This trade represents a 10.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

On Friday, May 8th, Kurt James Wolf sold 389,161 shares of Pitney Bowes stock. The stock was 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 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 stock was 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 stock was 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 stock was sold at an average price of $10.38, for a total transaction of $1,557,000.00.

Pitney Bowes Stock Performance

PBI opened at $15.65 on Thursday. The company has a fifty day moving average price of $13.34 and a two-hundred day moving average price of $11.34. Pitney Bowes Inc. has a 52 week low of $8.95 and a 52 week high of $16.56. The firm has a market capitalization of $2.12 billion, a PE ratio of 15.19, a P/E/G ratio of 0.70 and a beta of 1.64.

Pitney Bowes (NYSE:PBI – Get Free Report) last released its earnings results on Tuesday, May 5th. The technology company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Pitney Bowes had a net margin of 8.92% and a negative return on equity of 33.41%. 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 EPS. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. Equities analysts forecast that Pitney Bowes Inc. will post 1.62 EPS for the current year.

Pitney Bowes Cuts Dividend

The firm 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 dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, May 18th. Pitney Bowes’s payout ratio is currently 38.83%.

Institutional Trading of Pitney Bowes

A number of large investors have recently made changes to their positions in the company. State Street Corp increased its position in shares of Pitney Bowes by 3.1% in the 2nd quarter. State Street Corp now owns 6,366,188 shares of the technology company’s stock valued at $69,455,000 after buying an additional 188,886 shares in the last quarter. LSV Asset Management increased its position 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 buying an additional 2,986,689 shares in the last quarter. Cannell & Spears LLC increased its position 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. Permit Capital LLC increased its position in shares of Pitney Bowes by 14.0% in the 4th quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company’s stock valued at $34,352,000 after buying an additional 400,000 shares in the last quarter. Finally, Capital Management Corp VA increased its position in shares of Pitney Bowes by 25.3% in the 4th quarter. Capital Management Corp VA now owns 2,930,328 shares of the technology company’s stock valued at $30,974,000 after buying an additional 592,568 shares in the last quarter. Institutional investors own 67.88% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on PBI. Truist Financial lifted their target price on shares of Pitney Bowes from $11.00 to $15.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. The Goldman Sachs Group set a $15.20 price objective on shares of Pitney Bowes in a research note on Friday, May 8th. Bank of America raised shares of Pitney Bowes from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $9.50 to $16.50 in a research note on Monday, May 11th. Citizens Jmp lifted their price objective on shares of Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a research note on Friday, April 17th. Finally, Zacks Research raised shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Pitney Bowes currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.18.

Read Our Latest Analysis 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.

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.