Daryl Raiford Sells 3,961 Shares of Bandwidth (NASDAQ:BAND) Stock

Bandwidth Inc. (NASDAQ:BAND) CFO Daryl Raiford sold 3,961 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $58.85, for a total transaction of $233,104.85. Following the completion of the sale, the chief financial officer directly owned 36,545 shares in the company, valued at approximately $2,150,673.25. The trade was a 9.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Bandwidth Price Performance

Shares of NASDAQ BAND opened at $67.87 on Wednesday. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of -178.61 and a beta of 2.93. Bandwidth Inc. has a 52 week low of $12.50 and a 52 week high of $72.80. The company’s 50-day moving average price is $34.21 and its 200 day moving average price is $21.41. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.37.

Bandwidth (NASDAQ:BAND) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. The firm had revenue of $208.78 million for the quarter, compared to analysts’ expectations of $201.58 million. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. 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, research analysts forecast that Bandwidth Inc. will post 0.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BAND has been the topic of a number of research reports. Wall Street Zen cut shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research raised shares of Bandwidth from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Needham & Company LLC increased their price objective on shares of Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Citizens Jmp increased their price objective 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. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Bandwidth in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Bandwidth currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.25.

Bandwidth News Roundup

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.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its holdings in Bandwidth by 9.9% in the 1st quarter. Empowered Funds LLC now owns 154,432 shares of the company’s stock valued at $2,752,000 after purchasing an additional 13,961 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Bandwidth by 248.2% in the 1st quarter. Quantinno Capital Management LP now owns 76,836 shares of the company’s stock valued at $1,369,000 after purchasing an additional 54,771 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Bandwidth by 4.2% in the 1st quarter. Renaissance Technologies LLC now owns 644,981 shares of the company’s stock valued at $11,494,000 after purchasing an additional 26,081 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Bandwidth by 299.5% in the 1st 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 in the last quarter. Finally, Walleye Capital LLC purchased a new position in Bandwidth in the 1st quarter valued at about $1,069,000. 68.53% of the stock is currently owned by hedge funds and other institutional investors.

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.