Key Points
- Insider sale: Bandwidth insider Kade Ross sold 20,000 shares on May 11 at an average price of $51.56, totaling about $1.03 million. The sale reduced his ownership by 31.3% and was made under a pre-arranged Rule 10b5-1 plan.
- Strong recent earnings: Bandwidth reported quarterly EPS of $0.38, beating estimates of $0.32, and revenue of $208.78 million, above analyst expectations. The company also issued FY2026 guidance of 1.770-1.830 EPS.
- Analyst sentiment is mixed but generally positive: Recent ratings included buy and strong-buy upgrades, with one sell rating still in place. Overall, the stock has a consensus rating of Moderate Buy and an average price target of $31.00.
Bandwidth Inc. (NASDAQ:BAND - Get Free Report) insider Kade Ross sold 20,000 shares of the business's stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $51.56, for a total transaction of $1,031,200.00. Following the completion of the sale, the insider owned 43,894 shares in the company, valued at $2,263,174.64. This represents a 31.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kade Ross also recently made the following trade(s):
- On Thursday, April 30th, Kade Ross sold 10,000 shares of Bandwidth stock. The stock was sold at an average price of $31.59, for a total transaction of $315,900.00.
Bandwidth Price Performance
Bandwidth stock opened at $49.44 on Wednesday. Bandwidth Inc. has a 52 week low of $12.50 and a 52 week high of $53.21. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. The firm's 50-day simple moving average is $22.25 and its 200 day simple moving average is $17.20. The firm has a market capitalization of $1.58 billion, a PE ratio of -130.11 and a beta of 2.72.
Bandwidth (NASDAQ:BAND - Get Free Report) last released 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. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. The business had revenue of $208.78 million for the quarter, compared to analyst estimates 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. On average, equities research analysts predict that Bandwidth Inc. will post 0.55 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have issued reports on BAND shares. B. Riley Financial upped their target price on shares of Bandwidth from $20.00 to $27.00 and gave the company a "buy" rating in a report on Friday, April 17th. Citigroup restated an "outperform" rating on shares of Bandwidth in a report on Thursday, April 30th. Needham & Company LLC upped their target price on shares of Bandwidth from $20.00 to $45.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Wall Street Zen upgraded shares of Bandwidth from a "hold" rating to a "strong-buy" rating in a report on Saturday, May 2nd. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Bandwidth in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $31.00.
Get Our Latest Analysis on BAND
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Deutsche Bank AG lifted its holdings in shares of Bandwidth by 6.0% during the 4th quarter. Deutsche Bank AG now owns 18,343 shares of the company's stock worth $283,000 after acquiring an additional 1,043 shares during the period. Principal Financial Group Inc. increased its position in Bandwidth by 6.1% during the 3rd 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 in the last quarter. Mercer Global Advisors Inc. ADV increased its position in Bandwidth by 2.1% during the 3rd 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 in the last quarter. Bailard Inc. increased its position in Bandwidth by 11.0% during the 3rd quarter. Bailard Inc. now owns 19,200 shares of the company's stock worth $320,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in Bandwidth by 3.6% during the 4th quarter. Franklin Resources Inc. now owns 58,141 shares of the company's stock worth $898,000 after purchasing an additional 2,043 shares in the last quarter. 68.53% of the stock is currently owned by hedge funds and other institutional investors.
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.
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