Bandwidth (NASDAQ:BAND) Reaches New 12-Month High – Time to Buy?

Bandwidth Inc. (NASDAQ:BAND) reached a new 52-week high on Wednesday . The company traded as high as $48.90 and last traded at $47.33, with a volume of 1776648 shares trading hands. The stock had previously closed at $45.02.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BAND shares. Wall Street Zen upgraded Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. B. Riley Financial raised their price target on Bandwidth from $20.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Citigroup restated an “outperform” rating on shares of Bandwidth in a research report on Thursday, April 30th. Finally, Needham & Company LLC raised their price target on Bandwidth from $20.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $31.00.

Bandwidth Stock Performance

The stock has a market cap of $1.52 billion, a PE ratio of -127.79 and a beta of 2.72. The company has a fifty day moving average price of $20.13 and a 200 day moving average price of $16.49. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.37.

Bandwidth (NASDAQ:BAND) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.32 by $0.06. The firm had revenue of $208.78 million for the quarter, compared to the consensus estimate of $201.58 million. Bandwidth had a positive return on equity of 1.47% and a negative net margin of 0.64%.Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. Analysts expect that Bandwidth Inc. will post 0.38 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Rebecca Bottorff sold 9,425 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $45.30, for a total value of $426,952.50. Following the sale, the insider directly owned 50,535 shares of the company’s stock, valued at $2,289,235.50. This trade represents a 15.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kade Ross sold 10,000 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $31.59, for a total value of $315,900.00. Following the completion of the sale, the insider directly owned 63,894 shares in the company, valued at $2,018,411.46. The trade was a 13.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 52,551 shares of company stock valued at $1,250,804 over the last ninety days. 5.26% of the stock is owned by insiders.

Institutional Trading of Bandwidth

Several large investors have recently modified their holdings of BAND. Tower Research Capital LLC TRC grew its stake in shares of Bandwidth by 183.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock worth $60,000 after purchasing an additional 2,445 shares during the last quarter. State of Wyoming bought a new stake in shares of Bandwidth in the third quarter worth about $71,000. Raymond James Financial Inc. bought a new stake in Bandwidth during the 2nd quarter valued at approximately $85,000. Quantbot Technologies LP bought a new stake in Bandwidth during the 2nd quarter valued at approximately $128,000. Finally, Harbor Capital Advisors Inc. boosted its position in Bandwidth by 35.1% during the 4th quarter. Harbor Capital Advisors Inc. now owns 10,143 shares of the company’s stock valued at $157,000 after acquiring an additional 2,634 shares in the last quarter. 68.53% of the stock is owned by institutional investors.

About Bandwidth

Bandwidth Inc operates a cloud-based communications platform that provides voice, messaging and emergency services APIs for enterprises and developers. Through its proprietary network and software-as-a-service model, the company enables customers to integrate programmable voice calls, text messaging and 9-1-1 routing into their applications. Bandwidth’s solutions aim to reduce complexity and improve reliability in mission-critical communications, serving industries such as healthcare, financial services, on-demand mobility and customer engagement.

Founded in 1999 in Raleigh, North Carolina by co-founders David Morken and Henry Kaestner, Bandwidth initially focused on voice-over-IP infrastructure before evolving into a full communications API provider.