Bandwidth (NASDAQ:BAND) Insider Rebecca Bottorff Sells 2,713 Shares

Bandwidth Inc. (NASDAQ:BAND) insider Rebecca Bottorff sold 2,713 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $133,343.95. Following the transaction, the insider owned 10,704 shares in the company, valued at $526,101.60. This trade represents a 20.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Bandwidth Price Performance

Shares of BAND stock opened at $50.79 on Wednesday. The firm has a market cap of $1.63 billion, a P/E ratio of -175.14 and a beta of 2.96. Bandwidth Inc. has a 1-year low of $12.50 and a 1-year high of $79.08. The firm has a fifty day moving average of $56.42 and a two-hundred day moving average of $41.39. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.04 and a quick ratio of 2.04.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.01. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%.The firm had revenue of $219.90 million for the quarter, compared to analysts’ expectations of $217.62 million. The company’s revenue was up 22.2% compared to the same quarter last year. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. As a group, research analysts anticipate that Bandwidth Inc. will post 0.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on BAND shares. Zacks Research lowered Bandwidth from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. B. Riley Financial upped their price target on shares of Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Citigroup reiterated a “market outperform” rating on shares of Bandwidth in a report on Monday, July 20th. Needham & Company LLC reiterated a “buy” rating on shares of Bandwidth in a research note on Thursday, August 20th. Finally, Weiss Ratings lowered Bandwidth from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, August 27th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.80.

Key Headlines Impacting Bandwidth

Here are the key news stories impacting Bandwidth this week:

• Positive Sentiment: Bandwidth’s latest quarterly results modestly exceeded expectations, with EPS of $0.37 versus the $0.36 consensus and revenue of $219.9 million versus $217.6 million expected. Revenue increased 22.2% year over year, and management’s full-year 2026 EPS guidance remains $1.71 to $1.79. Bandwidth stock and earnings information
• Positive Sentiment: Analyst opinion remains broadly supportive: five analysts rate Bandwidth a Buy and three rate it Hold, producing a “Moderate Buy” consensus and an average price target of $59.80. Recent institutional activity also included several new positions and a substantial increase by Tower Research Capital. Bandwidth analyst and institutional activity
• Neutral Sentiment: Director Lukas Roush sold 1,500 shares for $71,025 on August 27 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance and reduced his holding by only 2.5%, it may carry limited signaling value. Bandwidth director stock sale
• Negative Sentiment: Seven Bandwidth executives and insiders sold approximately 22,050 shares worth about $1.02 million on August 31. The sellers included CEO David Morken, CFO Daryl Raiford, COO Devesh Agarwal and the general counsel; several reduced their holdings by double-digit percentages. The unusually concentrated selling may weigh on investor sentiment, even though insider sales do not necessarily indicate deteriorating business prospects. Bandwidth SEC insider filing

Hedge Funds Weigh In On Bandwidth

A number of large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC lifted its position in Bandwidth by 183.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock worth $60,000 after buying an additional 2,445 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new stake in shares of Bandwidth during the 2nd quarter valued at about $70,000. Raymond James Financial Inc. bought a new stake in shares of Bandwidth in the 2nd quarter valued at approximately $85,000. Quantbot Technologies LP acquired a new position in Bandwidth in the second quarter worth approximately $128,000. Finally, State of Wyoming increased its holdings in Bandwidth by 104.6% in the fourth quarter. State of Wyoming now owns 8,756 shares of the company’s stock worth $135,000 after buying an additional 4,476 shares during the last quarter. Institutional investors and hedge funds own 68.53% of the company’s stock.

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.