Bandwidth (NASDAQ:BAND) Receives "Sell (D-)" Rating from Weiss Ratings

Key Points

• Bandwidth's stock has been reaffirmed with a "Sell (D-)" rating by Weiss Ratings, amidst mixed ratings from other analysts, resulting in an average rating of "Hold" and a target price of $20.80.
• Shares of Bandwidth traded up by 2.1% on Friday, reaching $16.71, with a market cap of $503.64 million and P/E ratio of -49.15.
• Insider selling activity has been noted, with significant share transactions from key personnel, including a sale by insider Devin M. Krupka of over 7,166 shares at an average price of $18.00.

Bandwidth (NASDAQ:BAND - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by equities researchers at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Other analysts have also recently issued research reports about the stock. Wedbush restated an "outperform" rating on shares of Bandwidth in a research report on Wednesday, September 17th. Wall Street Zen lowered shares of Bandwidth from a "strong-buy" rating to a "buy" rating in a research note on Sunday, September 28th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $20.80.

Bandwidth Trading Up 2.1%

Shares of BAND traded up $0.35 during trading hours on Friday, reaching $16.71. The stock had a trading volume of 140,997 shares, compared to its average volume of 279,792. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.64. Bandwidth has a 52 week low of $11.33 and a 52 week high of $23.00. The firm has a 50-day moving average of $15.87 and a 200 day moving average of $14.69. The company has a market cap of $503.64 million, a P/E ratio of -49.15 and a beta of 1.92.

Bandwidth (NASDAQ:BAND - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.06. Bandwidth had a negative net margin of 1.32% and a positive return on equity of 1.43%. The business had revenue of $180.01 million during the quarter, compared to analysts' expectations of $178.87 million. During the same quarter in the prior year, the company earned $0.29 EPS. The firm's quarterly revenue was up 3.4% on a year-over-year basis. Bandwidth has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that Bandwidth will post 0.22 earnings per share for the current fiscal year.

Insider Activity at Bandwidth

In other Bandwidth news, insider Devin M. Krupka sold 7,166 shares of the stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $18.00, for a total value of $128,988.00. Following the transaction, the insider directly owned 19,192 shares of the company's stock, valued at $345,456. This represents a 27.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Devesh Agarwal sold 2,132 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $13.30, for a total transaction of $28,355.60. Following the completion of the transaction, the chief operating officer directly owned 62,927 shares in the company, valued at approximately $836,929.10. This represents a 3.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 70,092 shares of company stock valued at $1,093,237 in the last 90 days. Insiders own 6.50% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC increased its holdings in shares of Bandwidth by 183.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company's stock worth $60,000 after purchasing an additional 2,445 shares during the period. US Bancorp DE lifted its holdings in shares of Bandwidth by 11,281.3% during the first quarter. US Bancorp DE now owns 5,463 shares of the company's stock worth $72,000 after purchasing an additional 5,415 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Bandwidth during the second quarter worth $85,000. CWM LLC lifted its holdings in shares of Bandwidth by 326.8% during the first quarter. CWM LLC now owns 7,460 shares of the company's stock worth $98,000 after purchasing an additional 5,712 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Bandwidth by 30.3% during the third quarter. Harbor Capital Advisors Inc. now owns 7,509 shares of the company's stock worth $125,000 after purchasing an additional 1,748 shares during the period. 68.53% of the stock is owned by institutional investors.

About Bandwidth

Bandwidth is a leading enterprise cloud communications company. Companies like Cisco, Google, Microsoft, RingCentral, Uber, and Zoom use Bandwidth's APIs to easily embed voice, messaging, and emergency services into software and applications. Bandwidth is the first and only CPaaS provider offering a robust selection of communications APIs built around their own IP voice network.

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