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Director Brent Rosenthal of Pitney Bowes Inc (NYSE:PBI) acquired 3,000 shares of common stock on September 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. This insider purchase aligns with broader management confidence, as InvestingPro data shows management has been actively buying back shares while the stock has gained over 73% year-to-date.
The shares were purchased at a price of $11.9699, totaling $35,909. Following the transaction, Rosenthal directly owns 3,000 shares of Pitney Bowes, a company currently valued at $2.1 billion with a P/E ratio of 14.9. According to InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels. Get access to 10+ additional ProTips and comprehensive analysis with an InvestingPro subscription.
In other recent news, Pitney Bowes reported its second-quarter 2025 earnings, which showed a slight miss on both earnings per share and revenue expectations. The company posted an EPS of $0.27, which was just below the forecasted $0.28, and revenue was reported at $462 million, falling short of the anticipated $476.21 million. Additionally, Pitney Bowes has completed its offering of $230 million in 1.50% convertible senior notes due 2030, with net proceeds of approximately $221.4 million. The company allocated part of these proceeds to fund capped call transactions and repurchase shares of its common stock. Furthermore, Pitney Bowes expanded its revolving credit facility by $135 million, bringing the total to $400 million, with the facility set to mature in March 2028. This agreement was executed with a group of lenders and Bank of America as the administrative agent. These developments reflect Pitney Bowes’ recent financial activities and strategic maneuvers.
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