PITNEY BOWES INC PBI
COM · Common Stock · CUSIP 724479100 · ISIN US7244791007
- SectorTechnology
- IndustryOffice Machines, NEC
- HeadquartersShelton, CT
- Founded1920
- Websitepitneybowes.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.2m this quarter). Holder counts are more reliable. Shares outstanding: 137.1m as of 2026-07-21, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $17.51. Options: 15 managers hold calls ($84.5m notional), 12 hold puts ($25.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 264 |
| Q4 2022 | 269 |
| Q1 2023 | 261 |
| Q2 2023 | 237 |
| Q3 2023 | 223 |
| Q4 2023 | 238 |
| Q1 2024 | 246 |
| Q2 2024 | 236 |
| Q3 2024 | 276 |
| Q4 2024 | 285 |
| Q1 2025 | 316 |
| Q2 2025 | 319 |
| Q3 2025 | 320 |
| Q4 2025 | 328 |
| Q1 2026 | 322 |
| Q2 2026 | 350 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 144 | 94 |
| Q4 2024 | 123 | 118 |
| Q1 2025 | 151 | 140 |
| Q2 2025 | 168 | 145 |
| Q3 2025 | 151 | 147 |
| Q4 2025 | 121 | 187 |
| Q1 2026 | 143 | 155 |
| Q2 2026 | 163 | 160 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $37.2m | $20.5m | 0.55 |
| Q4 2025 | $40.1m | $14.3m | 0.36 |
| Q1 2026 | $33.7m | $12.1m | 0.36 |
| Q2 2026 | $84.5m | $25.1m | 0.30 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +2.3m |
| D. E. Shaw & Co., Inc. | Added | +1.7m |
| HSBC HOLDINGS PLC | Added | +1.4m |
| Nuveen, LLC | Added | +1.4m |
| JANE STREET GROUP, LLC | Added | +1.3m |
| CITADEL ADVISORS LLC | Added | +1.2m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +1.2m |
| BANK OF MONTREAL /CAN/ | Added | +1.1m |
| TUDOR INVESTMENT CORP ET AL | Added | +1.1m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +903.2k |
Biggest sellers
| Hestia Capital Management, LLC | Reduced | -4.8m |
| BlackRock, Inc. | Reduced | -2.1m |
| Assenagon Asset Management S.A. | Reduced | -1.4m |
| Long Corridor Asset Management Ltd | Sold out | -1.1m |
| DEUTSCHE BANK AG\ | Reduced | -702.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -688.8k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -626.0k |
| XTX Topco Ltd | Reduced | -580.4k |
| Qube Research & Technologies Ltd | Reduced | -563.9k |
| HENNESSY ADVISORS INC | Reduced | -380.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.9m1.2m shares |
| PEAK6 LLC | New | $18.0m1.0m shares |
| CITADEL ADVISORS LLC | Added | $9.8m557.4k shares |
| GROUP ONE TRADING LLC | Added | $9.5m540.2k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $6.6m377.5k shares |
| JANE STREET GROUP, LLC | Added | $6.2m356.5k shares |
| IMC-Chicago, LLC | Added | $6.1m350.2k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m172.2k shares |
| Squarepoint Ops LLC | New | $1.3m73.8k shares |
| D. E. Shaw & Co., Inc. | New | $1.1m65.5k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Added | $12.6m720.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.7m268.6k shares |
| Squarepoint Ops LLC | New | $2.1m117.6k shares |
| Walleye Capital LLC | Reduced | $1.2m67.8k shares |
| CITADEL ADVISORS LLC | Reduced | $1.0m59.3k shares |
| NOMURA HOLDINGS INC | Unchanged | $876.0k50.0k shares |
| GROUP ONE TRADING LLC | Reduced | $744.6k42.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $522.1k29.8k shares |
| IMC-Chicago, LLC | Reduced | $480.0k27.4k shares |
| TWO SIGMA INVESTMENTS, LP | New | $350.4k20.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-04-07 | 9.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.7% |
| LSV ASSET MANAGEMENT 13G · institution new · filed 2026-08-06 | 5.3% |
Fell to 5% or below in the last year: HESTIA CAPITAL PARTNERS LP (4.6%, 2026-05-11), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 1 | $226.1k | 1 | $343.5k | $343.5k |
| Q1 2025 | 0 | — | 4 | $22.8m | $22.8m |
| Q2 2025 | 1 | $1.9k | 2 | $39.2k | $39.2k |
| Q3 2025 | 1 | $35.9k | 2 | $535.1k | $535.1k |
| Q4 2025 | 2 | $147.0k | 0 | — | — |
| Q1 2026 | 2 | $84.1k | 2 | $3.4m | $3.4m |
| Q2 2026 | 0 | — | 3 | $50.8m | $50.8m |
| Q3 2026 | 0 | — | 3 | $32.4m | $31.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-17 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $378.9k21.7k shares |
| 2026-09-17 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $37.5k2.1k shares |
| 2026-09-16 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $402.4k23.1k shares |
| 2026-09-16 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $39.8k2.3k shares |
| 2026-09-15 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $2.4m136.5k shares |
| 2026-09-15 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $233.7k13.5k shares |
| 2026-09-10 | Everett Todd A. EVP and President of SendTech | Sold plan | $169.0k10.0k shares |
| 2026-09-08 | Pfeiffer Deborah EVP & Pres, Presort Services | Sold plan | $342.2k20.0k shares |
| 2026-08-28 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $6.3k361 shares |
| 2026-08-28 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $62736 shares |
| 2026-08-27 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $30.4k1.7k shares |
| 2026-08-27 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $3.0k173 shares |
| 2026-08-05 | Everett Todd A. EVP and President of SendTech | Sold | $451.8k25.0k shares |
| 2026-08-03 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $6.8m376.1k shares |
| 2026-08-03 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $673.6k37.2k shares |
| 2026-07-31 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $3.4m192.4k shares |
| 2026-07-31 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $333.6k19.0k shares |
| 2026-07-30 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $7.1m391.7k shares |
| 2026-07-30 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $706.2k38.7k shares |
| 2026-07-07 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $4.9m287.8k shares |
| 2026-07-07 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $486.8k28.5k shares |
| 2026-07-06 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $860.1k50.8k shares |
| 2026-07-06 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $85.1k5.0k shares |
| 2026-07-02 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $2.3m136.5k shares |
| 2026-07-02 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $227.2k13.5k shares |
| 2026-06-12 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $5.1m293.8k shares |
| 2026-06-12 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $505.6k29.1k shares |
| 2026-06-11 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $3.3m191.9k shares |
| 2026-06-11 | Wolf Kurt James President & CEO, director · By Separately Managed Accounts | Sold plan | $323.0k19.0k shares |
| 2026-06-10 | Wolf Kurt James President & CEO, director · By Hestia Capital Partners, LP | Sold plan | $4.3m255.8k shares |
The latest 30 of 51 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 12.6m $220.5m | Reduced -2.1m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 7.7m $135.1m | Reduced -688.8k |
| LSV ASSET MANAGEMENT 0.23% of their portfolio | 7.2m $126.2m | Added +866.6k |
| STATE STREET CORP 0.00% of their portfolio | 6.2m $107.8m | Reduced -264.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.4m $95.2m | Reduced -626.0k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 3.8m $66.8m | Added +1.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.5m $61.7m | Reduced -234.4k |
| Permit Capital, LLC 17.16% of their portfolio | 3.5m $61.3m | Unchanged |
| Hestia Capital Management, LLC 87.90% of their portfolio | 3.4m $59.6m | Reduced -4.8m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.0m $52.4m | Reduced -204.3k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 2.9m $50.4m | Added +2.3m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.4m $42.6m | Added +98.9k |
| CAPITAL MANAGEMENT CORP /VA 6.29% of their portfolio | 2.4m $41.9m | Reduced -296.0k |
| MORGAN STANLEY 0.00% of their portfolio | 2.1m $37.2m | Reduced -154.4k |
| Nuveen, LLC 0.01% of their portfolio | 2.0m $35.9m | Added +1.4m |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 2.0m $35.1m | Added +1.3m |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 2.0m $34.7m | Added +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.9m $33.9m | Reduced -224.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $29.5m | Reduced -24.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.6m $28.7m | Reduced -98.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 1.6m $27.8m | Added +1.4m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.3m $23.1m | Reduced -56.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 1.2m $21.8m | New |
| Invesco Ltd. 0.00% of their portfolio | 1.2m $21.8m | Added +374.4k |
| TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio | 1.1m $20.1m | Added +1.1m |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.1m $19.8m | Added +1.1m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.0m $18.0m | Added +903.2k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 1.0m $17.8m | Added +170.1k |
| Saber Capital Managment, LLC 11.77% of their portfolio | 934.2k $16.4m | Reduced -174.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 872.1k $15.3m | Added +545.2k |
| NOMURA HOLDINGS INC 0.06% of their portfolio | 862.0k $15.1m | Reduced -217.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 834.4k $14.6m | Reduced -155.7k |
| Pacer Advisors, Inc. 0.04% of their portfolio | 812.3k $14.2m | Reduced -359.7k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 800.7k $14.0m | Reduced -60.5k |
| DANSKE BANK A/S 0.03% of their portfolio | 761.2k $13.3m | New |
| HRT FINANCIAL LP 0.03% of their portfolio | 750.1k $13.1m | Reduced -212.1k |
| Solidarity Wealth, LLC 2.23% of their portfolio | 732.4k $12.8m | Reduced -14.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 669.5k $12.1m | Reduced -29.3k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 609.7k $10.7m | Reduced -153.0k |
| Evergreen Wealth Management, LLC 4.97% of their portfolio | 605.4k $10.6m | Reduced -92.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 602.7k $10.6m | Reduced -119.3k |
| Westside Investment Management, Inc. 1.38% of their portfolio | 601.7k $10.5m | Reduced -12.3k |
| MIZUHO MARKETS AMERICAS LLC 0.19% of their portfolio | 598.0k $10.5m | Reduced -94.3k |
| HENNESSY ADVISORS INC 0.33% of their portfolio | 594.9k $10.4m | Reduced -380.6k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 567.0k $9.9m | Reduced -563.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 555.8k $9.7m | Reduced -42.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 550.5k $9.6m | Added +390.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 550.4k $9.6m | Reduced -702.5k |
| GROUP ONE TRADING LLC 0.27% of their portfolio | 542.0k $9.5m | Reduced -218.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 521.9k $9.1m | Added +113.6k |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 469.2k $8.2m | Reduced -20.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 468.6k $8.2m | Added +79.2k |
| INGALLS & SNYDER LLC 0.22% of their portfolio | 461.9k $8.1m | Added +28.3k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 448.7k $7.9m | Reduced -2.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 447.5k $7.8m | Reduced -29.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 413.2k $7.4m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 391.3k $6.9m | Added +9.1k |
| Man Group plc 0.01% of their portfolio | 380.1k $6.7m | Added +76.7k |
| Phoenix Financial Ltd. 0.05% of their portfolio | 380.0k $6.7m | Reduced -24.0k |
| Alberta Investment Management Corp 0.04% of their portfolio | 363.8k $6.4m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 343.1k $6.0m | Reduced -87.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 333.9k $5.8m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 319.3k $5.6m | Added +264.8k |
| BESSEMER GROUP INC 0.01% of their portfolio | 310.4k $5.4m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 302.0k $5.3m | Added +78.2k |
| Parallax Volatility Advisers, L.P. 0.19% of their portfolio | 300.0k $5.3m | Unchanged |
| Trexquant Investment LP 0.03% of their portfolio | 294.7k $5.2m | New |
| Legal & General Group Plc 0.00% of their portfolio | 293.0k $5.1m | Reduced -40.5k |
| UBS Group AG 0.00% of their portfolio | 283.7k $5.0m | Reduced -265.9k |
| CAXTON ASSOCIATES LLP 0.09% of their portfolio | 280.3k $4.9m | Reduced -904 |
| Systematic Alpha Investments, LLC 0.13% of their portfolio | 275.0k $4.8m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 273.6k $4.8m | Reduced -28.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 260.6k $4.6m | Added +74.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 260.2k $4.6m | Added +23.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 247.7k $4.3m | Reduced -75.6k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 236.5k $4.1m | Reduced -25.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 234.5k $4.1m | Added +19.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 228.0k $4.0m | Added +17.0k |
| LPL Financial LLC 0.00% of their portfolio | 226.8k $4.0m | Added +12.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 226.2k $4.0m | Reduced -88.0k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.08% of their portfolio | 224.1k $3.9m | Reduced -44.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 219.3k $3.8m | Added +114.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 209.5k $3.7m | Added +44.7k |
| Informed Momentum Co LLC 0.32% of their portfolio | 207.4k $3.6m | New |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.06% of their portfolio | 203.1k $3.6m | Reduced -272 |
| SIMPLEX TRADING, LLC 0.09% of their portfolio | 200.0k $3.5m | Added +69.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 197.5k $2.2m | Added +2.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 197.2k $3.5m | Reduced -5.3k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.06% of their portfolio | 181.6k $3.2m | Added +135.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 166.4k $2.9m | Unchanged |
| Engineers Gate Manager LP 0.04% of their portfolio | 163.9k $2.9m | Added +135.4k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 159.1k $2.8m | Added +9.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 156.6k $2.7m | Reduced -52.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 156.5k $2.7m | Added +80.7k |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 150.4k $2.6m | Reduced -86.7k |
| DENALI ADVISORS LLC 0.26% of their portfolio | 149.8k $2.6m | Unchanged |
| Integrated Quantitative Investments LLC 0.42% of their portfolio | 145.1k $2.5m | New |
| PICTON MAHONEY ASSET MANAGEMENT 0.02% of their portfolio | 142.8k $2.5m | Added +142.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 134.1k $2.4m | Added +4.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 134.0k $2.3m | Added +67.6k |