Bandwidth Inc. $BAND Stock Sold by Parcion Private Wealth LLC

Parcion Private Wealth LLC lowered its holdings in shares of Bandwidth Inc. (NASDAQ:BAND) by 7.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 173,469 shares of the company’s stock after selling 14,726 shares during the quarter. Parcion Private Wealth LLC owned approximately 0.54% of Bandwidth worth $10,531,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Simplicity Wealth LLC purchased a new stake in shares of Bandwidth in the 3rd quarter worth $202,000. Sterling Capital Management LLC raised its holdings in Bandwidth by 850.0% in the 3rd quarter. Sterling Capital Management LLC now owns 988 shares of the company’s stock worth $60,000 after purchasing an additional 884 shares during the period. State of Alaska Department of Revenue raised its holdings in Bandwidth by 43.1% in the 3rd quarter. State of Alaska Department of Revenue now owns 1,262 shares of the company’s stock worth $76,000 after purchasing an additional 380 shares during the period. Tidal Investments LLC purchased a new position in Bandwidth during the second quarter valued at $1,451,000. Finally, Engineers Gate Manager LP bought a new stake in Bandwidth during the second quarter valued at about $2,218,000. Institutional investors own 68.53% of the company’s stock.

Bandwidth Trading Down 10.9%

BAND stock opened at $47.34 on Friday. Bandwidth Inc. has a 1-year low of $12.50 and a 1-year high of $79.08. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.04 and a quick ratio of 2.04. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 165.97, a PEG ratio of 4.73 and a beta of 3.01. The business has a 50 day simple moving average of $51.54 and a two-hundred day simple moving average of $40.75.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $234.02 million during the quarter, compared to analyst estimates of $233.15 million. Bandwidth had a net margin of 1.01% and a return on equity of 3.67%. Bandwidth’s revenue for the quarter was up 21.9% on a year-over-year basis. Research analysts anticipate that Bandwidth Inc. will post 0.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Bandwidth news, insider Rebecca Bottorff sold 2,713 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $133,343.95. Following the completion of the transaction, the insider owned 10,704 shares of the company’s stock, valued at $526,101.60. This represents a 20.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Devesh Agarwal sold 4,869 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $49.15, for a total value of $239,311.35. Following the transaction, the chief operating officer owned 79,138 shares of the company’s stock, valued at approximately $3,889,632.70. The trade was a 5.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 25,050 shares of company stock worth $1,228,342 in the last 90 days. 5.26% of the stock is owned by company insiders.

Key Stories Impacting Bandwidth

Here are the key news stories impacting Bandwidth this week:

• Positive Sentiment: Quarterly results exceeded expectations. Bandwidth reported third-quarter revenue of $234.0 million, up 22% year over year, and adjusted EBITDA of approximately $34.8 million, up 43%. Adjusted EPS of $0.50 surpassed the $0.47 consensus estimate, while the company returned to GAAP profitability. Bandwidth Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Management maintained its full-year outlook and offered a constructive 2027 view. Bandwidth reaffirmed 2026 revenue guidance of $905 million to $910 million and adjusted EBITDA guidance of $124 million to $125 million. It also expects double-digit Cloud Communications revenue growth in 2027, supported by voice-usage demand. Bandwidth Revenue Reaches Record $234 Million in Third Quarter 2026
• Positive Sentiment: Some analysts remain bullish. A Seeking Alpha contributor reiterated a Buy rating, citing improving net revenue retention, accelerating fundamentals and what it considers an attractive valuation relative to growth. Bandwidth: Full Steam Ahead As Net Revenue Retention Soars
• Neutral Sentiment: Morgan Stanley raised its price target to $57 from $56 but kept an Equal Weight rating. The modest increase suggests limited near-term conviction despite additional implied upside. Morgan Stanley stock recommendations
• Neutral Sentiment: Bandwidth amended its credit agreement and expanded its board with technology executive Chip Schroeder. Neither announcement provided a clearly material change to the near-term earnings outlook. Bandwidth Appoints Chip Schroeder to Board of Directors
• Negative Sentiment: In-line guidance overshadowed the earnings beat. Investors appear to have expected a stronger forecast or additional upside after BAND’s sharp rally; the reaffirmed outlook was characterized as insufficient to support the stock’s elevated expectations. Bandwidth Sinks on In-Line Guidance Despite Q3 Beat
• Negative Sentiment: Reported insider-trading data showed 87 insider sales and no purchases over the past six months, which may reinforce profit-taking concerns following the stock’s significant advance.

Wall Street Analysts Forecast Growth

BAND has been the subject of a number of analyst reports. Wall Street Zen upgraded Bandwidth from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. Citizens Jmp raised their price objective on Bandwidth from $70.00 to $86.00 and gave the stock a “market outperform” rating in a research note on Monday, July 20th. Needham & Company LLC reaffirmed a “buy” rating on shares of Bandwidth in a research report on Thursday, August 20th. Piper Sandler boosted their price objective on Bandwidth from $38.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Finally, Bank of America initiated coverage on Bandwidth in a research note on Wednesday, September 16th. They set a “neutral” rating and a $60.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $66.67.

Bandwidth Company Profile

Bandwidth Inc (NASDAQ:BAND) is a cloud communications company that provides application programming interfaces (APIs) and related network services for integrating voice, messaging and emergency communications into software applications. Its platform is designed for businesses, communications providers and technology companies that need to build communications capabilities into customer-facing products and internal workflows.

The company’s offerings include programmable voice, text messaging and toll-free messaging services, as well as emergency calling capabilities through its E911 solution.