Hsbc Holdings PLC Buys 31,565 Shares of Bandwidth Inc. $BAND

Key Points

• HSBC increased its Bandwidth stake by 51.5% in the first quarter, purchasing 31,565 additional shares and bringing its holdings to 92,804 shares valued at approximately $1.71 million. Institutional investors collectively own 68.53% of the company.
• Bandwidth exceeded quarterly expectations, reporting $0.38 in EPS versus the $0.32 consensus and revenue of $208.78 million versus $201.58 million expected. Management issued fiscal 2026 EPS guidance of $1.77–$1.83.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $61.75, although insiders sold 127,269 shares worth about $7.19 million over the past 90 days.

Hsbc Holdings PLC increased its position in Bandwidth Inc. (NASDAQ:BAND - Free Report) by 51.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,804 shares of the company's stock after acquiring an additional 31,565 shares during the quarter. Hsbc Holdings PLC owned about 0.30% of Bandwidth worth $1,707,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. bought a new position in shares of Bandwidth in the first quarter worth approximately $1,742,000. Assenagon Asset Management S.A. raised its position in shares of Bandwidth by 51.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 491,873 shares of the company's stock valued at $8,765,000 after purchasing an additional 166,423 shares during the period. Diversified Trust Co purchased a new position in shares of Bandwidth during the 1st quarter valued at $184,000. Invesco Ltd. lifted its stake in shares of Bandwidth by 6.7% during the 4th quarter. Invesco Ltd. now owns 66,988 shares of the company's stock valued at $1,035,000 after buying an additional 4,223 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Bandwidth by 90.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 102,040 shares of the company's stock worth $1,577,000 after buying an additional 48,359 shares during the period. Institutional investors own 68.53% of the company's stock.

Bandwidth Stock Performance

Shares of Bandwidth stock opened at $59.80 on Monday. Bandwidth Inc. has a twelve month low of $12.50 and a twelve month high of $79.08. 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 business has a 50-day moving average price of $62.60 and a 200-day moving average price of $34.77. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of -157.37 and a beta of 2.92.

Bandwidth (NASDAQ:BAND - Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.06. The company had revenue of $208.78 million for the quarter, compared to the consensus estimate of $201.58 million. Bandwidth had a positive return on equity of 1.47% and a negative net margin of 0.64%.Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. Equities research analysts anticipate that Bandwidth Inc. will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on BAND shares. Citigroup reiterated a "market outperform" rating on shares of Bandwidth in a research note on Monday, July 20th. Wall Street Zen downgraded Bandwidth from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 28th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Bandwidth in a research report on Friday, July 17th. Zacks Research downgraded Bandwidth from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 3rd. Finally, Citizens Jmp upped their price target on Bandwidth from $70.00 to $86.00 and gave the stock a "market outperform" rating in a research note on Monday, July 20th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $61.75.

Insider Activity

In related news, insider Kade Ross sold 20,000 shares of the company's stock in a transaction on Monday, May 11th. The shares were sold at an average price of $51.56, for a total transaction of $1,031,200.00. Following the sale, the insider owned 43,894 shares of the company's stock, valued at $2,263,174.64. This represents a 31.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David A. Morken sold 4,632 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $58.85, for a total transaction of $272,593.20. Following the transaction, the chief executive officer owned 7,198 shares of the company's stock, valued at $423,602.30. This trade represents a 39.15% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 127,269 shares of company stock worth $7,192,523. 5.26% of the stock is owned by corporate insiders.

Bandwidth 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.

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