Bandwidth (NASDAQ:BAND) Insider Rebecca Bottorff Sells 9,425 Shares

Key Points

  • Rebecca Bottorff, a Bandwidth insider, sold 9,425 shares on May 4 at an average price of $45.30 for about $426,953, reducing her stake by 15.72% to 50,535 shares (SEC filing).
  • Bandwidth reported a quarterly beat with EPS of $0.38 versus $0.32 expected and revenue of $208.8M, and provided FY2026 guidance of 1.770–1.830 EPS; analysts have raised some price targets and the consensus rating is a "Moderate Buy" with a $31 target.
  • The stock is trading near its 12-month high (opened $45.02, high $47.00) with a $1.41B market cap, a negative trailing P/E (~-118.5) and much lower 50- and 200-day moving averages (~$18.14 and $15.81), reflecting a recent sharp run-up.

Bandwidth Inc. (NASDAQ:BAND - Get Free Report) insider Rebecca Bottorff sold 9,425 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $45.30, for a total value of $426,952.50. Following the sale, the insider directly owned 50,535 shares of the company's stock, valued at $2,289,235.50. The trade was a 15.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Bandwidth Stock Performance

Shares of BAND opened at $45.02 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of -118.47 and a beta of 2.72. The stock has a 50 day moving average of $18.14 and a 200 day moving average of $15.81. Bandwidth Inc. has a 12 month low of $11.93 and a 12 month high of $47.00.

Bandwidth (NASDAQ:BAND - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.32 by $0.06. The business had revenue of $208.78 million for the quarter, compared to analyst estimates of $201.58 million. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. 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 earnings per share for the current year.

Analysts Set New Price Targets




BAND has been the topic of a number of recent research reports. Wall Street Zen raised Bandwidth from a "hold" rating to a "strong-buy" rating in a research report on Saturday. B. Riley Financial upped their price target on Bandwidth from $20.00 to $27.00 and gave the company a "buy" rating in a research report on Friday, April 17th. Needham & Company LLC upped their price target on Bandwidth from $20.00 to $45.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Bandwidth in a research report on Monday, April 20th. Finally, Citigroup reaffirmed an "outperform" rating on shares of Bandwidth in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $31.00.

Get Our Latest Report on Bandwidth

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Bandwidth by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,988,533 shares of the company's stock worth $33,149,000 after buying an additional 67,428 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Bandwidth by 2.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,464,976 shares of the company's stock worth $24,423,000 after buying an additional 30,248 shares during the period. Portolan Capital Management LLC boosted 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 worth $12,433,000 after buying an additional 400,231 shares during the period. State Street Corp boosted its holdings in Bandwidth by 2.6% in the 4th quarter. State Street Corp now owns 649,426 shares of the company's stock worth $10,034,000 after buying an additional 16,654 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in Bandwidth by 10.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 642,264 shares of the company's stock valued at $10,707,000 after buying an additional 61,004 shares in the last quarter. 68.53% of the stock is owned by institutional investors.

Bandwidth Company Profile

(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.

Further Reading

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