Rebecca Bottorff Sells 9,425 Shares of Bandwidth (NASDAQ:BAND) Stock

Bandwidth Inc. (NASDAQ:BAND) insider Rebecca Bottorff sold 9,425 shares of the business’s stock in a transaction dated 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 directly owned 50,535 shares of the company’s stock, valued at approximately $2,289,235.50. This trade represents a 15.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Bandwidth Trading Up 0.4%

Shares of NASDAQ BAND traded up $0.16 during midday trading on Monday, reaching $45.02. The company had a trading volume of 3,149,776 shares, compared to its average volume of 522,916. Bandwidth Inc. has a one year low of $11.93 and a one year high of $47.00. 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 firm’s fifty day moving average price is $18.14 and its 200-day moving average price is $15.81. The stock has a market cap of $1.41 billion, a PE ratio of -118.47 and a beta of 2.72.

Bandwidth (NASDAQ:BAND) last released its earnings results on Thursday, April 30th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. Bandwidth had a positive return on equity of 1.47% and a negative net margin of 0.64%.The company had revenue of $208.78 million during the quarter, compared to analyst estimates of $201.58 million. Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. On average, equities research analysts anticipate that Bandwidth Inc. will post 0.38 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. grew its holdings in shares of Bandwidth by 50.5% during the 1st quarter. Principal Financial Group Inc. now owns 41,626 shares of the company’s stock worth $742,000 after acquiring an additional 13,959 shares during the period. Hsbc Holdings PLC grew its holdings in shares of Bandwidth by 51.5% during the 1st quarter. Hsbc Holdings PLC now owns 92,804 shares of the company’s stock worth $1,707,000 after acquiring an additional 31,565 shares during the period. Blue Trust Inc. purchased a new position in shares of Bandwidth during the 1st quarter worth approximately $1,742,000. Assenagon Asset Management S.A. grew its holdings in shares of Bandwidth by 51.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 491,873 shares of the company’s stock worth $8,765,000 after acquiring an additional 166,423 shares during the period. Finally, Diversified Trust Co purchased a new position in shares of Bandwidth during the 1st quarter worth approximately $184,000. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Analyst Upgrades and Downgrades

BAND has been the subject of a number of recent research reports. B. Riley Financial boosted their target price on Bandwidth from $20.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Wall Street Zen upgraded Bandwidth from a “hold” rating to a “strong-buy” rating in a report on Saturday. Needham & Company LLC boosted their price target on Bandwidth from $20.00 to $45.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Bandwidth in a report on Monday, April 20th. Finally, Citigroup restated an “outperform” rating on shares of Bandwidth in a report on Thursday. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

Bandwidth Company 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.