Bandwidth Inc. $BAND Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in shares of Bandwidth Inc. (NASDAQ:BAND) by 248.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,836 shares of the company’s stock after acquiring an additional 54,771 shares during the period. Quantinno Capital Management LP owned about 0.24% of Bandwidth worth $1,369,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Bandwidth by 3.5% during the 3rd 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 increased its holdings in Bandwidth by 6.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,551,508 shares of the company’s stock valued at $27,647,000 after buying an additional 91,812 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Bandwidth by 299.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock valued at $12,268,000 after buying an additional 516,117 shares during the last quarter. State Street Corp raised its stake in Bandwidth by 2.6% in the fourth quarter. State Street Corp now owns 649,426 shares of the company’s stock valued at $10,034,000 after buying an additional 16,654 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Bandwidth by 4.2% during the 1st quarter. Renaissance Technologies LLC now owns 644,981 shares of the company’s stock worth $11,494,000 after buying an additional 26,081 shares during the last quarter. 68.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Bandwidth

In other news, COO Devesh Agarwal sold 4,066 shares of Bandwidth stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $58.85, for a total value of $239,284.10. Following the sale, the chief operating officer owned 68,579 shares of the company’s stock, valued at $4,035,874.15. The trade was a 5.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Richard Brandon Asbill sold 29,214 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $72.03, for a total transaction of $2,104,284.42. Following the transaction, the general counsel directly owned 3,000 shares of the company’s stock, valued at $216,090. This represents a 90.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 67,844 shares of company stock valued at $4,375,918. Corporate insiders own 5.26% of the company’s stock.

Bandwidth Trading Up 4.0%

BAND opened at $54.06 on Friday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.87. Bandwidth Inc. has a 52 week low of $12.50 and a 52 week high of $79.08. The business’s 50 day moving average is $58.57 and its two-hundred day moving average is $38.08. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -186.41 and a beta of 2.96.

Bandwidth (NASDAQ:BAND) last announced its earnings results on Wednesday, July 29th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The business had revenue of $219.90 million for the quarter, compared to analyst estimates of $217.62 million. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. 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, research analysts predict that Bandwidth Inc. will post 0.65 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wall Street Zen downgraded Bandwidth from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 28th. Citizens Jmp upped their price target 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 lowered shares of Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Citigroup reissued a “market outperform” rating on shares of Bandwidth in a report on Monday, July 20th. Finally, Weiss Ratings upgraded shares of Bandwidth from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.75.

Bandwidth 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.