Bandwidth (NASDAQ:BAND) Sets New 1-Year High – Still a Buy?

Bandwidth Inc. (NASDAQ:BAND)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $53.21 and last traded at $49.95, with a volume of 1323685 shares traded. The stock had previously closed at $49.89.

Analyst Ratings Changes

BAND has been the subject of several recent analyst reports. Citigroup restated an “outperform” rating on shares of Bandwidth in a research note on Thursday, April 30th. B. Riley Financial increased their target price on Bandwidth from $20.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Zacks Research upgraded Bandwidth from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Wall Street Zen raised Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Bandwidth in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.00.

Bandwidth Price Performance

The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average price of $21.56 and a 200 day moving average price of $16.97. The firm has a market capitalization of $1.60 billion, a PE ratio of -131.45 and a beta of 2.72.

Bandwidth (NASDAQ:BAND) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.06. The firm had revenue of $208.78 million for the quarter, compared to analyst estimates 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. Equities analysts forecast that Bandwidth Inc. will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Kade Ross sold 10,000 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $31.59, for a total value of $315,900.00. Following the sale, the insider owned 63,894 shares in the company, valued at approximately $2,018,411.46. The trade was a 13.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Rebecca Bottorff sold 9,425 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $45.30, for a total value of $426,952.50. Following the completion of the sale, the insider owned 50,535 shares in the company, valued at $2,289,235.50. This represents a 15.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 52,551 shares of company stock valued at $1,250,804. Insiders own 5.26% of the company’s stock.

Institutional Investors Weigh In On Bandwidth

Several large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC increased its holdings in shares of Bandwidth by 183.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock valued at $60,000 after acquiring an additional 2,445 shares during the last quarter. State of Wyoming purchased a new position in shares of Bandwidth during the 3rd quarter worth approximately $71,000. Raymond James Financial Inc. purchased a new position in Bandwidth in the 2nd quarter valued at approximately $85,000. Quantbot Technologies LP purchased a new position in Bandwidth in the 2nd quarter valued at approximately $128,000. Finally, Harbor Capital Advisors Inc. increased its position in Bandwidth by 35.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,143 shares of the company’s stock worth $157,000 after buying an additional 2,634 shares in the last quarter. Hedge funds and other institutional investors own 68.53% of the company’s stock.

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.