Daryl Raiford Sells 4,228 Shares of Bandwidth (NASDAQ:BAND) Stock

Bandwidth Inc. (NASDAQ:BAND) CFO Daryl Raiford sold 4,228 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $64.15, for a total value of $271,226.20. Following the transaction, the chief financial officer directly owned 42,919 shares of the company’s stock, valued at $2,753,253.85. This represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Bandwidth Stock Down 4.3%

BAND stock opened at $67.87 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $2.17 billion, a P/E ratio of -178.61 and a beta of 2.93. The business has a 50-day moving average of $34.21 and a 200-day moving average of $21.41. Bandwidth Inc. has a fifty-two week low of $12.50 and a fifty-two week high of $72.80.

Bandwidth (NASDAQ:BAND) last posted its quarterly earnings data 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. The company 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. On average, sell-side analysts anticipate that Bandwidth Inc. will post 0.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BAND. Arrowstreet Capital Limited Partnership boosted its position in Bandwidth by 299.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock valued at $12,268,000 after purchasing an additional 516,117 shares during the last quarter. Portolan Capital Management LLC lifted its position in shares of Bandwidth by 115.8% in the third quarter. Portolan Capital Management LLC now owns 745,802 shares of the company’s stock valued at $12,433,000 after buying an additional 400,231 shares during the last quarter. Bastion Asset Management Inc. acquired a new stake in shares of Bandwidth in the first quarter valued at approximately $6,592,000. CSM Advisors LLC acquired a new stake in shares of Bandwidth in the fourth quarter valued at approximately $5,342,000. Finally, AQR Capital Management LLC lifted its position in shares of Bandwidth by 49.1% in the second quarter. AQR Capital Management LLC now owns 587,305 shares of the company’s stock valued at $9,338,000 after buying an additional 193,398 shares during the last quarter. 68.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the company. B. Riley Financial increased their price target on Bandwidth from $20.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Citizens Jmp increased their price target on Bandwidth from $45.00 to $70.00 and gave the company a “market outperform” rating in a research report on Friday, May 15th. Needham & Company LLC increased their price target on Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Zacks Research raised Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen cut Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. One 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $43.25.

Key Bandwidth News

Here are the key news stories impacting Bandwidth this week:

• Neutral Sentiment: Bandwidth’s recent quarterly earnings beat expectations, with EPS and revenue both topping analyst estimates, and management issued upbeat FY2026 and Q2 guidance.
• Neutral Sentiment: Several institutional investors increased their stakes in BAND, including Arrowstreet Capital and Portolan Capital Management, suggesting some professional buyers still see value in the name.
• Negative Sentiment: CEO David A. Morken, CFO Daryl E. Raiford, COO Devesh Agarwal, General Counsel Richard Brandon Asbill, and insiders Devin Krupka, Rebecca Bottorff, Kade Ross, and others all sold shares in recent transactions, signaling heavy insider selling. Article Title
• Negative Sentiment: The sales were made near recent highs in the high-$50s to mid-$60s, which may raise concerns that management views the stock as fully valued after its sharp run-up.

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.