On November 20, 2024, Paul Evans, a Director at Pitney Bowes Inc (PBI, Financial), purchased 29,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns a total of 29,000 shares of the company. Pitney Bowes Inc is a global technology company that provides commerce solutions in the areas of shipping and mailing, data, and e-commerce. The company offers a range of products and services, including mailing equipment, software, and logistics services. The recent purchase by Paul Evans marks the only insider buy at Pitney Bowes Inc over the past year, with no insider sells recorded during the same period. This transaction reflects the insider's confidence in the company's prospects. On the day of the purchase, shares of Pitney Bowes Inc were trading at $7.80 each, giving the stock a market cap of $1.462 billion. The stock's GF Value is estimated at $3.67, resulting in a price-to-GF-Value ratio of 2.13. This indicates that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, along with future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
