Bandwidth (NASDAQ:BAND) Insider Sells $128,057.60 in Stock

Bandwidth Inc. (NASDAQ:BAND) insider Rebecca Bottorff sold 2,176 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $58.85, for a total transaction of $128,057.60. Following the sale, the insider directly owned 5,620 shares of the company’s stock, valued at $330,737. This represents a 27.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Rebecca Bottorff also recently made the following trade(s):

• On Monday, May 4th, Rebecca Bottorff sold 9,425 shares of Bandwidth stock. The stock was sold at an average price of $45.30, for a total transaction of $426,952.50.

Bandwidth Stock Down 3.6%

Shares of BAND stock opened at $65.46 on Thursday. The firm has a fifty day moving average of $36.23 and a 200-day moving average of $22.15. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. Bandwidth Inc. has a 12-month low of $12.50 and a 12-month high of $72.80. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of -172.26 and a beta of 2.93.

Bandwidth (NASDAQ:BAND) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.38 earnings per share (EPS) 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 during 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. As a group, equities research analysts predict that Bandwidth Inc. will post 0.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Bandwidth by 3.5% during the third quarter. Vanguard Group Inc. now owns 1,988,533 shares of the company’s stock worth $33,149,000 after purchasing an additional 67,428 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Bandwidth by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,551,508 shares of the company’s stock worth $27,647,000 after purchasing an additional 91,812 shares during the last quarter. Portolan Capital Management LLC boosted its holdings in Bandwidth by 115.8% during the third quarter. Portolan Capital Management LLC now owns 745,802 shares of the company’s stock worth $12,433,000 after purchasing an additional 400,231 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Bandwidth by 299.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock worth $12,268,000 after purchasing an additional 516,117 shares during the last quarter. Finally, State Street Corp boosted its holdings in Bandwidth by 2.6% during the fourth quarter. State Street Corp now owns 649,426 shares of the company’s stock worth $10,034,000 after purchasing an additional 16,654 shares during the last quarter. Institutional investors and hedge funds own 68.53% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BAND shares. Citizens Jmp increased their price objective on shares of Bandwidth from $45.00 to $70.00 and gave the stock a “market outperform” rating in a research report on Friday, May 15th. Needham & Company LLC increased their price objective on shares of Bandwidth from $45.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. B. Riley Financial increased their price objective on shares of Bandwidth from $20.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. Finally, Wall Street Zen cut shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. One investment 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $43.25.

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.