Gold prices fall as geopolitical tensions ease; U.S. CPI looms
Deborah Pfeiffer, Executive Vice President at PITNEY BOWES INC /DE/ (NASDAQ:PBI), sold 35,000 shares of common stock on July 14, 2025, for a total value of $425,036. The shares were sold at a weighted average price of $12.1439, in multiple transactions at prices ranging from $12.00 to $12.37. The sale comes as PBI shares trade near their 52-week high of $12.55, having delivered an impressive 70% return over the past year. According to InvestingPro, the company has maintained dividend payments for 55 consecutive years.
Following the transaction, Pfeiffer directly owns 115,405 shares of PITNEY BOWES INC /DE/.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 20, 2024.
In other recent news, Pitney Bowes Inc (NYSE:PBI). reported its first-quarter 2025 earnings, showing an adjusted earnings per share (EPS) of $0.33, surpassing the forecast of $0.27. However, the company’s revenue came in at $493 million, slightly below the expected $501.4 million. Meanwhile, Ancora Holdings Group announced it has redeemed its investment in a special purpose vehicle managed by Hestia Capital Management to hold Pitney Bowes shares directly, expressing confidence in the company’s leadership under CEO Kurt Wolf. Wolf, previously head of Hestia Capital Management, is set to take over as CEO, succeeding Lance Rosenzweig. Additionally, Pitney Bowes shareholders approved all proposed items at their Annual Meeting, including the election of directors and the Amended 2024 Stock Plan. The company also announced that Julie Schoenfeld has resigned from its board of directors, with no disputes cited as the reason. These developments reflect ongoing changes and strategic initiatives within Pitney Bowes, as it continues to focus on cost efficiency and debt management.
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