Pitney Bowes, Inc’s recently made public that its Director Wolf Kurt James unloaded Company’s shares for reported $5.18 million on Mar 03 ’25. In the deal valued at $10.77 per share,481,199 shares were sold. As a result of this transaction, Wolf Kurt James now holds 584,636 shares worth roughly $4.65 million.
Then, Freemen-Bosworth Lauren sold 1,541 shares, generating $16,569 in total proceeds. Upon selling the shares at $10.75, the EVP/Gen Counsel & Corp Sec now owns 20,746 shares.
Before that, LAUREN FREEMAN-BOSWORTH bought 1,541 shares. Pitney Bowes, Inc shares valued at $16,597 were divested by the Officer at a price of $10.77 per share.
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 Friday, Pitney Bowes, Inc [NYSE:PBI] saw its stock fall -3.98% to $7.96. Over the last five days, the stock has lost -14.41%. Pitney Bowes, Inc shares have risen nearly 9.94% since the year began. Nevertheless, the stocks have risen 87.29% over the past one year. While a 52-week high of $11.01 was reached on 02/27/25, a 52-week low of $3.90 was recorded on 01/13/25. SMA at 50 days reached $9.51, while 200 days put it at $7.62.
Levels Of Support And Resistance For PBI Stock
The 24-hour chart illustrates a support level at 7.66, which if violated will result in even more drops to 7.36. On the upside, there is a resistance level at 8.19. A further resistance level may holdings at 8.42. The Relative Strength Index (RSI) on the 14-day chart is 27.46, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.99%. Stochastics %K at 17.17% indicates the stock is a buying.
How much short interest is there in Pitney Bowes, Inc?
A steep rise in short interest was recorded in Pitney Bowes, Inc stocks on 2025-03-14, growing by 0.71 million shares to a total of 11.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 10.6 million shares. There was a rise of 6.29%, which implies that there is a positive sentiment for the stock.
