Bandwidth (NASDAQ:BAND) Insider Sells $70,502.30 in Stock

Bandwidth Inc. (NASDAQ:BAND) insider Devin Krupka sold 1,198 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $58.85, for a total value of $70,502.30. Following the sale, the insider owned 26,371 shares of the company’s stock, valued at $1,551,933.35. The trade was a 4.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Bandwidth Trading Up 9.1%

Shares of Bandwidth stock traded up $5.92 during trading hours on Monday, hitting $70.89. The company’s stock had a trading volume of 1,730,725 shares, compared to its average volume of 634,328. The business has a fifty day moving average of $33.10 and a 200 day moving average of $21.01. Bandwidth Inc. has a 1-year low of $12.50 and a 1-year high of $71.76. 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 company has a market capitalization of $2.27 billion, a PE ratio of -186.55 and a beta of 2.93.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $208.78 million during the quarter, compared to analysts’ expectations 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 analysts forecast that Bandwidth Inc. will post 0.55 EPS for the current year.

Hedge Funds Weigh In On Bandwidth

Large investors have recently bought and sold shares of the business. Rhumbline Advisers grew its holdings in shares of Bandwidth by 15.0% during the second quarter. Rhumbline Advisers now owns 40,927 shares of the company’s stock valued at $651,000 after purchasing an additional 5,324 shares during the last quarter. Quantbot Technologies LP acquired a new position in Bandwidth during the 2nd quarter valued at approximately $128,000. Arrowstreet Capital Limited Partnership boosted its position in Bandwidth by 26.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 373,153 shares of the company’s stock valued at $5,933,000 after purchasing an additional 78,360 shares during the period. Invesco Ltd. grew its stake in Bandwidth by 4.7% during the 2nd quarter. Invesco Ltd. now owns 56,367 shares of the company’s stock worth $896,000 after buying an additional 2,532 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in Bandwidth in the second quarter worth $221,000. Institutional investors own 68.53% of the company’s stock.

Bandwidth News Summary

Here are the key news stories impacting Bandwidth this week:

• Positive Sentiment: Bandwidth’s recent earnings report was stronger than expected, with EPS and revenue both topping analyst forecasts and guidance pointing to continued growth. This fundamental backdrop has helped support the stock’s sharp recent rally.
• Neutral Sentiment: Multiple Bandwidth executives and insiders, including the CEO, CFO, COO, general counsel, and other insiders, disclosed stock sales on May 29 and June 1. While insider selling can raise caution, these transactions may also reflect profit-taking after the stock’s steep advance rather than a change in operating outlook. Article Title
• Neutral Sentiment: The stock has surged to the upper end of its 12-month range and has been trading well above its 50-day and 200-day moving averages, suggesting momentum remains strong, but also that some investors may be locking in gains after the run.
• Negative Sentiment: The cluster of insider sales across top executives could create short-term pressure if investors interpret the transactions as a signal that management sees limited near-term upside from current levels.

Analyst Upgrades and Downgrades

BAND has been the subject of several analyst reports. Citizens Jmp upped their target price on shares of Bandwidth from $45.00 to $70.00 and gave the company a “market outperform” rating in a research note on Friday, May 15th. Zacks Research raised Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Citigroup reiterated an “outperform” rating on shares of Bandwidth in a research note on Thursday, April 30th. Needham & Company LLC increased their price target on Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Finally, Wall Street Zen lowered Bandwidth from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.