UBS Group AG Grows Stock Holdings in Bandwidth Inc. $BAND

UBS Group AG raised its position in shares of Bandwidth Inc. (NASDAQ:BAND) by 189.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 205,300 shares of the company’s stock after buying an additional 134,309 shares during the period. UBS Group AG’s holdings in Bandwidth were worth $3,172,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Tower Research Capital LLC TRC lifted its position in shares of Bandwidth by 183.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock valued at $60,000 after buying an additional 2,445 shares during the last quarter. State of Wyoming purchased a new stake in shares of Bandwidth during the third quarter valued at about $71,000. Raymond James Financial Inc. purchased a new stake in shares of Bandwidth during the second quarter valued at about $85,000. Quantbot Technologies LP purchased a new stake in shares of Bandwidth during the second quarter valued at about $128,000. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Bandwidth by 35.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,143 shares of the company’s stock valued at $157,000 after buying an additional 2,634 shares during the last quarter. 68.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the stock. Needham & Company LLC increased their price target on shares of Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Citizens Jmp upped their price objective on shares of Bandwidth from $45.00 to $70.00 and gave the company a “market outperform” rating in a report on Friday, May 15th. B. Riley Financial upped their price objective on shares of Bandwidth from $20.00 to $27.00 and gave the company a “buy” rating in a report on Friday, April 17th. Wall Street Zen downgraded shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Bandwidth in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Bandwidth currently has an average rating of “Moderate Buy” and a consensus target price of $43.25.

Insider Buying and Selling at Bandwidth

In related news, insider Kade Ross sold 20,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $51.56, for a total value of $1,031,200.00. Following the transaction, the insider owned 43,894 shares in the company, valued at approximately $2,263,174.64. This represents a 31.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Devesh Agarwal sold 15,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $57.24, for a total transaction of $858,600.00. Following the completion of the transaction, the chief operating officer owned 61,414 shares in the company, valued at approximately $3,515,337.36. This trade represents a 19.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 107,551 shares of company stock worth $4,183,156 in the last 90 days. Corporate insiders own 5.26% of the company’s stock.

Bandwidth Price Performance

Shares of NASDAQ:BAND opened at $61.39 on Monday. Bandwidth Inc. has a twelve month low of $12.50 and a twelve month high of $62.03. The company’s 50 day moving average is $28.58 and its 200 day moving average is $19.40. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.37. The company has a market cap of $1.97 billion, a PE ratio of -161.55 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 for the quarter, topping the consensus estimate of $0.32 by $0.06. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. The company had revenue of $208.78 million for the quarter, compared to the consensus estimate 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, sell-side analysts forecast that Bandwidth Inc. will post 0.55 EPS for the current year.

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.