Bandwidth (NASDAQ:BAND) Insider Devin Krupka Sells 1,198 Shares of Stock

Bandwidth Inc. (NASDAQ:BAND) insider Devin Krupka sold 1,198 shares of Bandwidth stock in a transaction on Friday, May 29th. The shares were sold at an average price of $58.85, for a total value of $70,502.30. Following the sale, the insider directly owned 26,371 shares in the company, valued at $1,551,933.35. The trade was a 4.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Bandwidth Stock Up 9.1%

Shares of BAND stock opened at $70.89 on Tuesday. Bandwidth Inc. has a 1 year low of $12.50 and a 1 year high of $71.76. The stock has a market cap of $2.27 billion, a PE ratio of -186.55 and a beta of 2.72. The business’s fifty day moving average is $34.21 and its 200-day moving average is $21.41. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.94 and a current ratio of 0.94.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Bandwidth by 3.5% during the third quarter. Vanguard Group Inc. now owns 1,988,533 shares of the company’s stock valued at $33,149,000 after buying an additional 67,428 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Bandwidth by 6.3% during 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 in the last quarter. Portolan Capital Management LLC grew its holdings in shares of Bandwidth by 115.8% during 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 in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of 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 buying an additional 516,117 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Bandwidth by 2.6% during 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. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Bandwidth News Roundup

Here are the key news stories impacting Bandwidth this week:

• Neutral Sentiment: A market note highlighted that Bandwidth shares had already surged sharply and were being watched as a potential momentum trade. Bandwidth (NASDAQ:BAND) Stock Price Up 10.2% – Time to Buy?
• Negative Sentiment: CEO David A. Morken sold 4,632 shares, CFO Daryl E. Raiford sold shares in two separate transactions, and other insiders including the COO, general counsel, and additional executives also sold stock. Insider selling can weigh on sentiment because it may signal management thinks the shares are fully valued after the recent run-up.
• Negative Sentiment: The sales were executed at prices around $58.85 to $64.15, suggesting insiders were willing to reduce holdings while the stock was trading near multiyear highs, which may add caution for traders despite the company’s recent strong earnings and upbeat guidance.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BAND shares. Wall Street Zen cut Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. Citigroup restated an “outperform” rating on shares of Bandwidth in a report on Thursday, April 30th. Needham & Company LLC lifted their target price on Bandwidth from $45.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Finally, Citizens Jmp lifted their target price on Bandwidth from $45.00 to $70.00 and gave the stock a “market outperform” rating in a report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Bandwidth currently has a consensus rating of “Moderate Buy” and an average price target of $43.25.

About Bandwidth

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.