Brent Rosenthal Acquires Shares in Pitney Bowes Inc.
Brent Rosenthal bought 8,755 shares of Pitney Bowes on June 18, 2026.
Key Points
- Brent Rosenthal purchased 8,755 shares of Pitney Bowes on June 18, 2026, with shares trading at $17.45 on Tuesday.
- Pitney Bowes has a market cap of approximately $2.37 billion and a P/E ratio of 16.83.
- Analysts have set a mean price target of $17.14 for Pitney Bowes, with Citizens maintaining a 'buy' rating.
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Brent Rosenthal recently purchased 8,755 shares of Pitney Bowes Inc. (NYSE: PBI) on June 18, 2026. The transaction was not part of a pre-planned trading program. Shares of Pitney Bowes traded at $17.45 on Tuesday.
Insider Buying and Selling at Pitney Bowes Inc.
On June 18, 2026, Brent Rosenthal acquired 8,755 shares of Pitney Bowes, marking his interest in the company. On the same day, he also sold an equal number of shares, which indicates a possible exercise of stock options or a similar transaction. Meanwhile, President and CEO Kurt James Wolf sold shares on several occasions earlier in June, with transactions on June 12, June 11, June 10, and June 1, ranging from 210,871 to 1,500,000 shares, all under planned selling programs.
Other Institutional Activity in Pitney Bowes
Institutional investors have also been active in Pitney Bowes. BlackRock, Inc. reduced its holdings by 1,072,290 shares, ending with 14,673,861 shares valued at $162.1 million. Vanguard Portfolio Management LLC opened a new position with 8,398,571 shares worth about $92.8 million. Hestia Capital Management, LLC trimmed its stake by 300,000 shares, leaving it with 8,155,805 shares valued at approximately $90.1 million. State Street Corp added 5,706 shares, holding 6,417,472 shares worth $70.9 million. LSV Asset Management significantly increased its position by 2,136,691 shares, reaching 6,333,880 shares valued at $69.9 million.
Pitney Bowes Inc. Stock Down 1.1%
Pitney Bowes Inc. operates in the Industrials sector, specifically in Integrated Freight & Logistics. The company has a market capitalization of about $2.37 billion and a P/E ratio of 16.83. The stock has seen a 52-week low of $8.95 and a high of $17.77, with a 50-day moving average of $15.40 and a 200-day moving average of $11.81. The company's current ratio stands at 0.62, and its quick ratio is 0.53.
$PBI stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Several analysts have updated their views on Pitney Bowes. On June 5, 2026, Citizens maintained its 'buy' rating with a price target of $19.00. Earlier, on May 11, 2026, B of A Securities upgraded its rating to 'hold' with a target of $16.50. Truist Securities maintained a 'hold' rating with a $15.00 target on May 7, 2026. The consensus among analysts is a 'hold' rating with a mean price target of $17.14.
About Pitney Bowes Inc.
Pitney Bowes Inc., headquartered in Shelton, Connecticut, provides digital shipping solutions, mailing innovation, and financial services globally. It operates through its SendTech Solutions and Presort Services segments. The company offers technology solutions for sending, tracking, and receiving mail and parcels, and provides mail sortation services. Led by CEO Kurtis James Wolf, Pitney Bowes employs around 6,600 people.
Bottom Line
Brent Rosenthal's acquisition of shares in Pitney Bowes signals his ongoing interest in the company. As institutional investors adjust their positions, the stock remains under close watch. With a 'hold' consensus from analysts, Pitney Bowes' performance and upcoming earnings report are anticipated by investors. Remember, insider transactions like these are disclosed after the fact and may not indicate future moves.
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