U.S. natural gas prices upside likely in 2026 - Morgan Stanley
Lauren Thomas Defina, VP, Chief Accounting Officer at Pitney Bowes Inc (NYSE:PBI), sold 2,000 shares of common stock on June 26, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $11.00, totaling $22,000. The transaction occurs as PBI trades near its 52-week high of $11.24, with the stock showing impressive momentum, up 120% over the past year. According to InvestingPro, the company currently appears fairly valued based on its Fair Value analysis.
Following the transaction, Defina directly owns 9,621 shares of Pitney Bowes.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 10, 2025.
In other recent news, Pitney Bowes Inc. reported its first-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $0.33, which exceeded analyst forecasts of $0.27. However, the company’s revenue fell slightly short of expectations, coming in at $493 million compared to the projected $501.4 million. Despite this revenue miss, Pitney Bowes demonstrated a 74% year-over-year increase in adjusted EPS, highlighting effective cost management strategies. Ancora Holdings Group has decided to directly hold shares in Pitney Bowes, expressing confidence in the leadership of Kurt Wolf, who is set to become the company’s CEO. Wolf has been instrumental in cost reduction and strategic asset management initiatives at Pitney Bowes. Shareholders recently approved all executive plans at the company’s Annual Meeting, including the election of directors and the Amended 2024 Stock Plan. Additionally, PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for 2025. These developments reflect continued investor confidence in Pitney Bowes’ strategic direction and leadership.
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