Diversified Trust Co Takes Position in Bandwidth Inc. $BAND

Diversified Trust Co acquired a new position in shares of Bandwidth Inc. (NASDAQ:BAND) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,327 shares of the company’s stock, valued at approximately $184,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Hsbc Holdings PLC boosted its stake in Bandwidth by 8.3% in the 4th quarter. Hsbc Holdings PLC now owns 61,239 shares of the company’s stock worth $950,000 after purchasing an additional 4,686 shares during the period. Invesco Ltd. raised its stake in shares of Bandwidth by 6.7% in the 4th quarter. Invesco Ltd. now owns 66,988 shares of the company’s stock valued at $1,035,000 after purchasing an additional 4,223 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of Bandwidth by 90.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 102,040 shares of the company’s stock valued at $1,577,000 after purchasing an additional 48,359 shares during the period. Empowered Funds LLC raised its stake in shares of Bandwidth by 44.5% in the 4th quarter. Empowered Funds LLC now owns 140,471 shares of the company’s stock valued at $2,170,000 after purchasing an additional 43,246 shares during the period. Finally, Bridgeway Capital Management LLC lifted its holdings in shares of Bandwidth by 46.4% in the fourth quarter. Bridgeway Capital Management LLC now owns 215,471 shares of the company’s stock valued at $3,329,000 after purchasing an additional 68,246 shares in the last quarter. 68.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Zacks Research raised Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Needham & Company LLC lifted their target price on Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Bandwidth in a research note on Monday, April 20th. B. Riley Financial upped their price target on Bandwidth from $20.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Bandwidth in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Bandwidth currently has an average rating of “Moderate Buy” and an average target price of $43.25.

Bandwidth Stock Performance

BAND opened at $56.90 on Friday. Bandwidth Inc. has a 52-week low of $12.50 and a 52-week high of $75.98. The firm has a market capitalization of $1.82 billion, a PE ratio of -149.74 and a beta of 2.93. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.94 and a current ratio of 0.94. The business’s 50-day simple moving average is $50.05 and its 200 day simple moving average is $27.32.

Bandwidth (NASDAQ:BAND) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.32 by $0.06. The firm had revenue of $208.78 million during the quarter, compared to analysts’ expectations 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. As a group, sell-side analysts expect that Bandwidth Inc. will post 0.55 earnings per share for the current fiscal year.

Insider Activity at Bandwidth

In related news, insider Kade Ross sold 1,588 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $58.85, for a total value of $93,453.80. Following the completion of the transaction, the insider directly owned 47,996 shares of the company’s stock, valued at approximately $2,824,564.60. This trade represents a 3.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Devin M. Krupka sold 1,198 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $58.85, for a total transaction of $70,502.30. Following the transaction, the insider owned 26,371 shares in the company, valued at approximately $1,551,933.35. The trade was a 4.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 127,269 shares of company stock worth $7,192,523. Insiders own 5.26% of the company’s stock.

Bandwidth Profile

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.