Bandwidth (NASDAQ:BAND) Insider Kade Ross Sells 10,000 Shares

Bandwidth Inc. (NASDAQ:BAND) insider Kade Ross sold 10,000 shares of Bandwidth stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $31.59, for a total value of $315,900.00. Following the completion of the sale, the insider directly owned 63,894 shares in the company, valued at approximately $2,018,411.46. This represents a 13.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bandwidth Price Performance

NASDAQ:BAND opened at $44.86 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.42 and a current ratio of 1.42. The stock’s 50-day simple moving average is $18.14 and its 200 day simple moving average is $15.80. The company has a market cap of $1.41 billion, a P/E ratio of -104.32 and a beta of 2.72. Bandwidth Inc. has a 52-week low of $11.93 and a 52-week high of $46.16.

Bandwidth (NASDAQ:BAND) last released its earnings results on Thursday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. Bandwidth had a positive return on equity of 1.49% and a negative net margin of 0.64%.The business had revenue of $208.78 million for the quarter, compared to the consensus estimate 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. As a group, sell-side analysts forecast that Bandwidth Inc. will post 0.38 EPS for the current fiscal year.

Key Stories Impacting Bandwidth

Here are the key news stories impacting Bandwidth this week:

• Positive Sentiment: Q1 beat and materially raised guidance — Bandwidth reported revenue of ~$209M (+20% YoY) and EPS $0.38 vs. $0.32 consensus; management raised FY26 revenue guidance to $880M–$900M and EPS to $1.77–$1.83 (Q2 EPS guided to $0.35–$0.37). This is the primary catalyst for the rally. Bandwidth Announces First Quarter 2026 Financial Results
• Positive Sentiment: AI tailwinds and strategic partnership — Management cited accelerating AI‑driven platform adoption and a selection by Salesforce for Agentforce Contact Center; analysts view this as a durable demand driver that expands large‑enterprise TAM and supports consumption‑based revenue growth. Bandwidth: Market Is Finally Catching On As Agentforce Partnership Ramps
• Positive Sentiment: Analyst upgrade/price‑target lift — Needham raised its price target to $45 and reiterated a Buy, signaling increased analyst conviction after the beat/guidance raise. Upgrades and target raises are supporting the higher share price. Bandwidth (NASDAQ:BAND) Price Target Raised to $45.00 at Needham & Company LLC
• Neutral Sentiment: Market reaction & volume — Shares hit a 52‑week high and traded with sharply elevated volume as the market re‑rated the company on growth and AI exposure; momentum trading amplified the move. Bandwidth hits 52-week high after Q1 revenue beat: Full outlook
• Neutral Sentiment: Underlying fundamentals — Management reported record adjusted EBITDA (~$26M) and strong retention/consumption metrics, but GAAP net margin remains negative; investors are focused on growth translating into sustained profitability. Bandwidth Q1 Earnings and Revenues Surpass Estimates
• Negative Sentiment: Insider sale disclosed — Director Kade Ross sold 10,000 shares (~$315.9k) under a pre‑arranged 10b5‑1 plan, reducing his stake; because it was planned sales, this is a modest negative signal but not unexpected. Insider Sale — Kade Ross

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BAND. Portolan Capital Management LLC grew its holdings in Bandwidth by 115.8% in the 3rd 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. CSM Advisors LLC acquired a new position in Bandwidth in the 4th quarter valued at $5,342,000. AQR Capital Management LLC grew its holdings in Bandwidth by 49.1% in the 2nd quarter. AQR Capital Management LLC now owns 587,305 shares of the company’s stock valued at $9,338,000 after buying an additional 193,398 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Bandwidth by 51.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 491,873 shares of the company’s stock valued at $8,765,000 after buying an additional 166,423 shares in the last quarter. Finally, Bridgeway Capital Management LLC acquired a new position in Bandwidth in the 2nd quarter valued at $2,166,000. 68.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BAND. B. Riley Financial boosted their target price on Bandwidth from $20.00 to $27.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Bandwidth in a report on Monday, April 20th. Citigroup reissued an “outperform” rating on shares of Bandwidth in a report on Thursday. Wall Street Zen raised Bandwidth from a “hold” rating to a “strong-buy” rating in a report on Saturday. Finally, Needham & Company LLC boosted their target price on Bandwidth from $20.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $31.00.

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.