Pitney Bowes, Inc’s recently made public that its EVP & Pres, Presort Services Pfeiffer Deborah unloaded Company’s shares for reported $0.32 million on Jan 27 ’25. In the deal valued at $9.02 per share,35,000 shares were sold. As a result of this transaction, Pfeiffer Deborah now holds 124,124 shares worth roughly $1.08 million.
Then, DEBORAH PFEIFFER bought 35,000 shares, generating $296,800 in total proceeds.
Before that, Freemen-Bosworth Lauren sold 42,308 shares. Pitney Bowes, Inc shares valued at $343,453 were divested by the EVP/Gen Counsel & Corp Sec at a price of $8.12 per share. As a result of the transaction, Freemen-Bosworth Lauren now holds 18,664 shares, worth roughly $0.16 million.
Sidoti upgraded its Pitney Bowes, Inc [PBI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Maxim Group’s analysts, who increased its forecast for the stock in late April from “a Hold” to “a Buy”. Sidoti revised its rating on January 27, 2021. It rated PBI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PBI
On Tuesday, Pitney Bowes, Inc [NYSE:PBI] saw its stock jump 0.58% to $8.70. Over the last five days, the stock has lost -2.03%. Pitney Bowes, Inc shares have risen nearly 20.17% since the year began. Nevertheless, the stocks have risen 109.64% over the past one year. While a 52-week high of $9.29 was reached on 01/27/25, a 52-week low of $3.68 was recorded on 01/13/25. SMA at 50 days reached $7.77, while 200 days put it at $6.64.
Levels Of Support And Resistance For PBI Stock
The 24-hour chart illustrates a support level at 8.63, which if violated will result in even more drops to 8.55. On the upside, there is a resistance level at 8.79. A further resistance level may holdings at 8.87. The Relative Strength Index (RSI) on the 14-day chart is 63.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.03%. Stochastics %K at 75.98% indicates the stock is a holding.
How much short interest is there in Pitney Bowes, Inc?
A steep rise in short interest was recorded in Pitney Bowes, Inc stocks on 2025-01-15, growing by 0.47 million shares to a total of 13.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 12.93 million shares. There was a rise of 3.49%, which implies that there is a positive sentiment for the stock.
