Bandwidth (NASDAQ:BAND) Trading 4.1% Higher – Still a Buy?

Bandwidth Inc. (NASDAQ:BAND)’s share price traded up 4.1% on Tuesday . The stock traded as high as $53.18 and last traded at $50.9550. Approximately 241,686 shares were traded during trading, a decline of 72% from the average daily volume of 872,348 shares. The stock had previously closed at $48.97.

Analyst Upgrades and Downgrades

Several research firms have commented on BAND. Citizens Jmp increased their price objective on shares of Bandwidth from $70.00 to $86.00 and gave the company a “market outperform” rating in a research note on Monday, July 20th. Needham & Company LLC restated a “buy” rating on shares of Bandwidth in a research note on Thursday, August 20th. Zacks Research lowered Bandwidth from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Weiss Ratings downgraded Bandwidth from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, August 27th. Finally, B. Riley Financial lifted their price target on Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Bandwidth currently has an average rating of “Moderate Buy” and a consensus target price of $59.80.

Bandwidth Stock Performance

The company has a market cap of $1.62 billion, a P/E ratio of -171.48 and a beta of 3.03. The company’s 50-day moving average is $54.40 and its two-hundred day moving average is $43.58. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.87.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The business had revenue of $219.90 million for the quarter, compared to analyst estimates of $217.62 million. The business’s quarterly revenue was up 22.2% on a year-over-year basis. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. Equities analysts predict that Bandwidth Inc. will post 0.65 EPS for the current year.

Insider Buying and Selling

In other Bandwidth news, CFO Daryl E. Raiford sold 4,673 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.15, for a total value of $229,677.95. Following the sale, the chief financial officer directly owned 35,832 shares in the company, valued at $1,761,142.80. The trade was a 11.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kade Ross sold 1,616 shares of the company’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.15, for a total value of $79,426.40. Following the transaction, the insider directly owned 48,071 shares in the company, valued at $2,362,689.65. This represents a 3.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 23,550 shares of company stock worth $1,154,782 in the last three months. Insiders own 5.26% of the company’s stock.

Institutional Investors Weigh In On Bandwidth

Several institutional investors have recently added to or reduced their stakes in the business. UBS Group AG lifted its position in shares of Bandwidth by 189.2% during the fourth quarter. UBS Group AG now owns 205,300 shares of the company’s stock worth $3,172,000 after acquiring an additional 134,309 shares in the last quarter. Bastion Asset Management Inc. purchased a new position in shares of Bandwidth in the first quarter valued at $6,592,000. Nano Cap New Millennium Growth Fund L P purchased a new position in shares of Bandwidth in the fourth quarter valued at $1,622,000. Walleye Capital LLC bought a new stake in shares of Bandwidth during the 1st quarter valued at $1,069,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Bandwidth by 299.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock valued at $12,268,000 after purchasing an additional 516,117 shares during the period. 68.53% of the stock is owned by hedge funds and other institutional investors.

Bandwidth Company Profile

Bandwidth Inc is a cloud communications company that provides application programming interfaces (APIs) and communications services for businesses, software developers and service providers. Its platform enables organizations to integrate voice calling, text messaging and other communications capabilities into applications, websites and business workflows.

The company’s offerings include voice and messaging APIs, toll-free and local telephone numbers, emergency communications and 911 access, authentication and related communications tools.