Bandwidth (NASDAQ:BAND) COO Devesh Agarwal Sells 4,869 Shares

Bandwidth Inc. (NASDAQ:BAND) COO Devesh Agarwal sold 4,869 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $49.15, for a total transaction of $239,311.35. Following the sale, the chief operating officer directly owned 79,138 shares in the company, valued at approximately $3,889,632.70. This represents a 5.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Bandwidth Trading Up 4.9%

NASDAQ BAND opened at $50.79 on Wednesday. The company has a fifty day simple moving average of $56.42 and a two-hundred day simple moving average of $41.39. The stock has a market cap of $1.63 billion, a P/E ratio of -175.14 and a beta of 2.96. Bandwidth Inc. has a 12-month low of $12.50 and a 12-month high of $79.08. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.87.

Bandwidth (NASDAQ:BAND) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The business had revenue of $219.90 million during the quarter, compared to the consensus estimate of $217.62 million. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The firm’s revenue was up 22.2% compared to the same quarter last year. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. On average, analysts forecast that Bandwidth Inc. will post 0.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on BAND shares. Citizens Jmp increased their price objective on Bandwidth from $70.00 to $86.00 and gave the company a “market outperform” rating in a report on Monday, July 20th. Zacks Research downgraded Bandwidth from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Citigroup reiterated a “market outperform” rating on shares of Bandwidth in a report on Monday, July 20th. B. Riley Financial raised their price target on shares of Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings downgraded shares of Bandwidth from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, August 27th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.80.

Hedge Funds Weigh In On Bandwidth

Several institutional investors and hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its holdings in Bandwidth by 183.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock worth $60,000 after acquiring an additional 2,445 shares during the period. TD Waterhouse Canada Inc. acquired a new position in Bandwidth in the second quarter valued at approximately $70,000. Raymond James Financial Inc. acquired a new position in Bandwidth in the second quarter valued at approximately $85,000. Quantbot Technologies LP purchased a new stake in Bandwidth in the 2nd quarter worth approximately $128,000. Finally, State of Wyoming boosted its position in Bandwidth by 104.6% in the 4th quarter. State of Wyoming now owns 8,756 shares of the company’s stock worth $135,000 after purchasing an additional 4,476 shares in the last quarter. Institutional investors and hedge funds own 68.53% of the company’s stock.

Key Headlines Impacting Bandwidth

Here are the key news stories impacting Bandwidth this week:

• Positive Sentiment: Bandwidth’s latest quarterly results modestly exceeded expectations, with EPS of $0.37 versus the $0.36 consensus and revenue of $219.9 million versus $217.6 million expected. Revenue increased 22.2% year over year, and management’s full-year 2026 EPS guidance remains $1.71 to $1.79. Bandwidth stock and earnings information
• Positive Sentiment: Analyst opinion remains broadly supportive: five analysts rate Bandwidth a Buy and three rate it Hold, producing a “Moderate Buy” consensus and an average price target of $59.80. Recent institutional activity also included several new positions and a substantial increase by Tower Research Capital. Bandwidth analyst and institutional activity
• Neutral Sentiment: Director Lukas Roush sold 1,500 shares for $71,025 on August 27 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance and reduced his holding by only 2.5%, it may carry limited signaling value. Bandwidth director stock sale
• Negative Sentiment: Seven Bandwidth executives and insiders sold approximately 22,050 shares worth about $1.02 million on August 31. The sellers included CEO David Morken, CFO Daryl Raiford, COO Devesh Agarwal and the general counsel; several reduced their holdings by double-digit percentages. The unusually concentrated selling may weigh on investor sentiment, even though insider sales do not necessarily indicate deteriorating business prospects. Bandwidth SEC insider filing

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.