Bandwidth (NASDAQ:BAND) Insider Sells $315,900.00 in Stock

May 2, 2026 by InsiderTrades.com

Key Points

Insider sale: Director Kade Ross sold 10,000 shares at an average of $31.59 on April 30 under a pre‑arranged Rule 10b5‑1 plan for $315,900, trimming his holding to 63,894 shares (a 13.53% reduction).
Q1 beat and raised guidance: Bandwidth reported Q1 EPS of $0.38 (vs. $0.32 consensus) and $208.8M revenue, then lifted FY26 guidance to $880M–$900M revenue and $1.77–$1.83 EPS, citing AI tailwinds and a Salesforce Agentforce partnership.
Market reaction and analyst support: Shares jumped ~21.9% to a 52‑week high after the results, with Needham raising its price target to $45 and the consensus rating at a "Moderate Buy" (average target ~$31).

Bandwidth Inc. (NASDAQ:BAND - Get Free Report) insider Kade Ross sold 10,000 shares of the company's stock in a transaction on 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bandwidth Trading Up 21.9%

Shares of BAND stock opened at $44.86 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.62. The stock has a market cap of $1.41 billion, a P/E ratio of -104.32 and a beta of 2.72. The stock has a 50 day simple moving average of $18.14 and a 200 day simple moving average of $15.80. Bandwidth Inc. has a 1 year low of $11.93 and a 1 year high of $46.16.

Bandwidth (NASDAQ:BAND - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.06. The business had revenue of $208.78 million during the quarter, compared to analysts' expectations of $201.58 million. Bandwidth had a positive return on equity of 1.49% and a negative net margin of 0.64%.Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. On average, research analysts predict that Bandwidth Inc. will post 0.38 earnings per share for the current fiscal year.

More Bandwidth News

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 Investors Weigh In On Bandwidth

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Deutsche Bank AG lifted its stake in Bandwidth by 6.0% during the fourth quarter. Deutsche Bank AG now owns 18,343 shares of the company's stock worth $283,000 after purchasing an additional 1,043 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Bandwidth by 6.1% during the third quarter. Principal Financial Group Inc. now owns 19,383 shares of the company's stock worth $323,000 after purchasing an additional 1,114 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Bandwidth by 2.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 53,681 shares of the company's stock worth $895,000 after purchasing an additional 1,129 shares during the last quarter. Bailard Inc. lifted its stake in Bandwidth by 11.0% during the third quarter. Bailard Inc. now owns 19,200 shares of the company's stock worth $320,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in Bandwidth by 3.6% during the fourth quarter. Franklin Resources Inc. now owns 58,141 shares of the company's stock worth $898,000 after purchasing an additional 2,043 shares during the last quarter. 68.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BAND has been the subject of several recent research reports. Needham & Company LLC boosted their price target on Bandwidth from $20.00 to $45.00 and gave the company a "buy" rating in a research note on Thursday. B. Riley Financial boosted their price target on Bandwidth from $20.00 to $27.00 and gave the company a "buy" rating in a research note on Friday, April 17th. Citigroup reiterated an "outperform" rating on shares of Bandwidth in a research note on Thursday. Weiss Ratings reiterated a "sell (d-)" rating on shares of Bandwidth in a research note on Monday, April 20th. Finally, Wall Street Zen upgraded Bandwidth from a "hold" rating to a "strong-buy" rating in a research note on Saturday. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $31.00.

View Our Latest Report on Bandwidth

About Bandwidth

(Get Free Report)

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.