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 on Friday, May 29th. The stock was sold at an average price of $58.85, for a total value of $128,057.60. Following the completion of the transaction, the insider owned 5,620 shares of the company’s stock, valued at $330,737. The trade was a 27.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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 Trading Up 9.1%

NASDAQ:BAND opened at $70.89 on Tuesday. The stock has a fifty day moving average price of $34.21 and a two-hundred day moving average price of $21.41. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of -186.55 and a beta of 2.72. 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 Inc. has a 1 year low of $12.50 and a 1 year high of $71.76.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates 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 business 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. As a group, sell-side analysts anticipate that Bandwidth Inc. will post 0.55 earnings per share for the current fiscal year.

Trending Headlines about Bandwidth

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.

Institutional Trading of Bandwidth

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG increased its position in Bandwidth by 189.2% during the 4th quarter. UBS Group AG now owns 205,300 shares of the company’s stock worth $3,172,000 after purchasing an additional 134,309 shares in the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in Bandwidth during the 4th quarter worth about $1,622,000. GSA Capital Partners LLP acquired a new stake in Bandwidth in the 3rd quarter worth about $1,100,000. Portolan Capital Management LLC boosted its stake in Bandwidth by 115.8% in the 3rd quarter. Portolan Capital Management LLC now owns 745,802 shares of the company’s stock worth $12,433,000 after buying an additional 400,231 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Bandwidth in the 3rd quarter worth about $271,000. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on BAND. Wall Street Zen cut Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings restated a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. Zacks Research upgraded Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Citigroup restated an “outperform” rating on shares of Bandwidth in a research report on Thursday, April 30th. Finally, Citizens Jmp raised 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. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.