Daryl Raiford Sells 4,673 Shares of Bandwidth (NASDAQ:BAND) Stock

Bandwidth Inc. (NASDAQ:BAND) CFO Daryl Raiford sold 4,673 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $229,677.95. Following the completion of the transaction, the chief financial officer directly owned 35,832 shares of the company’s stock, valued at $1,761,142.80. The trade was a 11.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Bandwidth Stock Down 6.4%

NASDAQ:BAND opened at $47.55 on Thursday. Bandwidth Inc. has a twelve month low of $12.50 and a twelve month high of $79.08. The company has a market cap of $1.53 billion, a PE ratio of -163.97 and a beta of 3.03. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.87. The company’s 50 day moving average is $56.33 and its two-hundred day moving average is $41.64.

Bandwidth (NASDAQ:BAND) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $219.90 million for the quarter, compared to analysts’ expectations of $217.62 million. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The company’s quarterly 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. Analysts anticipate that Bandwidth Inc. will post 0.65 EPS for the current year.

Institutional Trading of Bandwidth

Large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its holdings in Bandwidth by 183.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock valued at $60,000 after acquiring an additional 2,445 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in shares of Bandwidth during the 2nd quarter worth approximately $70,000. Raymond James Financial Inc. purchased a new stake in shares of Bandwidth in the second quarter valued at approximately $85,000. Quantbot Technologies LP purchased a new stake in shares of Bandwidth in the second quarter valued at approximately $128,000. Finally, State of Wyoming increased its holdings in shares of Bandwidth by 104.6% in the fourth quarter. State of Wyoming now owns 8,756 shares of the company’s stock valued at $135,000 after purchasing an additional 4,476 shares during the last quarter. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Key Bandwidth News

Here are the key news stories impacting Bandwidth this week:

• Positive Sentiment: Bandwidth’s latest reported quarter modestly exceeded expectations, with earnings of $0.37 per share versus the $0.36 consensus and revenue of $219.9 million versus $217.6 million expected. Revenue increased 22.2% year over year, while management maintained 2026 EPS guidance of $1.71–$1.79. Analysts’ consensus remains “Moderate Buy,” with an average price target of $59.80. Bandwidth earnings and analyst information
• Positive Sentiment: Institutional activity in the second quarter included several new positions, and Tower Research Capital increased its Bandwidth holding by 183.7%. Hedge funds and other institutions collectively own approximately 68.53% of the shares. Bandwidth institutional activity
• Neutral Sentiment: Director Lukas Roush sold 1,500 shares for $71,025 on August 27 under a pre-arranged Rule 10b5-1 plan. The sale reduced his ownership by only 2.5%, making it a relatively limited signal about management’s outlook. Bandwidth director sale
• Negative Sentiment: Seven insiders sold a combined approximately 22,050 shares worth $1.08 million on August 31. Sellers included CEO David Morken, CFO Daryl Raiford, COO Devesh Agarwal, General Counsel Richard Brandon Asbill, and other insiders. Several executives reduced their holdings by significant percentages, including the CEO’s 43.35% reduction and the CFO’s 11.54% reduction. The concentrated selling is likely pressuring BAND, even though insider sales can reflect personal financial planning rather than concerns about the business. Bandwidth SEC insider filing

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BAND. Piper Sandler upped their price target on shares of Bandwidth from $38.00 to $52.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 19th. Weiss Ratings cut Bandwidth from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, August 27th. Citigroup restated a “market outperform” rating on shares of Bandwidth in a research report on Monday, July 20th. Needham & Company LLC reiterated a “buy” rating on shares of Bandwidth in a research report on Thursday, August 20th. Finally, Zacks Research downgraded Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.80.

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.