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

Bandwidth Inc. (NASDAQ:BAND) insider Rebecca Bottorff sold 2,713 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $133,343.95. Following the completion of the sale, the insider owned 10,704 shares of the company’s stock, valued at approximately $526,101.60. The trade was a 20.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Bandwidth Trading Down 6.4%

BAND opened at $47.55 on Thursday. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of -163.97 and a beta of 3.03. The company’s 50 day simple moving average is $56.33 and its two-hundred day simple moving average is $41.64. Bandwidth Inc. has a 1-year low of $12.50 and a 1-year high of $79.08. 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 posted 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. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%.The business had revenue of $219.90 million during the quarter, compared to analyst estimates of $217.62 million. The firm’s revenue for the quarter 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 expect that Bandwidth Inc. will post 0.65 EPS for the current fiscal year.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on BAND. Weiss Ratings cut shares of Bandwidth from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, August 27th. B. Riley Financial lifted their target price 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. Zacks Research lowered shares of Bandwidth from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Piper Sandler increased their price target on shares of Bandwidth from $38.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Finally, Needham & Company LLC restated a “buy” rating on shares of Bandwidth in a report on Thursday, August 20th. 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 company presently has a consensus rating of “Moderate Buy” and an average price target of $59.80.

Institutional Trading of Bandwidth

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Bandwidth by 3.5% during the third 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 raised its stake in shares of Bandwidth by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,551,508 shares of the company’s stock valued at $27,647,000 after acquiring an additional 91,812 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Bandwidth by 138.9% in the 2nd quarter. Wellington Management Group LLP now owns 911,893 shares of the company’s stock worth $57,723,000 after acquiring an additional 530,182 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Bandwidth by 299.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock worth $12,268,000 after acquiring an additional 516,117 shares during the last quarter. Finally, State Street Corp boosted its position in shares of Bandwidth by 2.6% during the 4th quarter. State Street Corp now owns 649,426 shares of the company’s stock worth $10,034,000 after purchasing an additional 16,654 shares during the period. 68.53% of the stock is currently owned by hedge funds and other institutional investors.

Bandwidth Company Profile

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.