Bandwidth (NASDAQ:BAND) Insider Rebecca Bottorff Sells 2,176 Shares

Bandwidth Inc. (NASDAQ:BAND) insider Rebecca Bottorff sold 2,176 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $58.85, for a total value of $128,057.60. Following the transaction, the insider owned 5,620 shares of the company’s stock, valued at approximately $330,737. The trade was a 27.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Rebecca Bottorff also recently made the following trade(s):

• On Monday, May 4th, Rebecca Bottorff sold 9,425 shares of Bandwidth stock. The stock was sold at an average price of $45.30, for a total value of $426,952.50.

Bandwidth Stock Up 9.1%

NASDAQ BAND traded up $5.92 during trading hours on Monday, hitting $70.89. 1,730,440 shares of the company traded hands, compared to its average volume of 634,328. The business’s 50-day moving average is $33.10 and its 200-day moving average is $21.01. Bandwidth Inc. has a twelve month low of $12.50 and a twelve month high of $71.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of -186.55 and a beta of 2.93.

Bandwidth (NASDAQ:BAND) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.38 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 firm had revenue of $208.78 million during 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. Sell-side analysts anticipate that Bandwidth Inc. will post 0.55 earnings per share for the current year.

Institutional Trading of Bandwidth

Hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its holdings in Bandwidth by 183.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock worth $60,000 after purchasing an additional 2,445 shares during the last quarter. State of Wyoming acquired a new stake in Bandwidth during the 3rd quarter worth approximately $71,000. Raymond James Financial Inc. acquired a new stake in Bandwidth during the 2nd quarter worth approximately $85,000. Quantbot Technologies LP bought a new position in Bandwidth during the 2nd quarter worth $128,000. Finally, AlphaQuest LLC increased its stake in Bandwidth by 29.1% during the 3rd quarter. AlphaQuest LLC now owns 10,139 shares of the company’s stock worth $169,000 after acquiring an additional 2,288 shares during the period. 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. 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. 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. 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. Finally, Citigroup reissued an “outperform” rating on shares of Bandwidth in a research report on Thursday, April 30th. One equities research 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $43.25.

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.