Bandwidth (NASDAQ:BAND) Director Sells 1,500 Shares of Stock

Key Points

• Director Lukas Roush sold 1,500 Bandwidth shares at an average price of $47.35, worth $71,025, under a pre-arranged Rule 10b5-1 plan. His remaining direct holdings totaled 58,436 shares.
• Bandwidth shares fell 1.2% to $48.43, while the company’s latest quarterly results modestly exceeded expectations: EPS was $0.37 versus $0.36 expected, and revenue rose 22.2% year over year to $219.9 million.
• Analyst sentiment remains positive, with five Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $59.80. Institutional investors own 68.53% of the company.

Bandwidth Inc. (NASDAQ:BAND - Get Free Report) Director Lukas Roush sold 1,500 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $47.35, for a total value of $71,025.00. Following the sale, the director directly owned 58,436 shares in the company, valued at $2,766,944.60. This trade represents a 2.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bandwidth Stock Down 1.2%

BAND stock traded down $0.57 during trading on Monday, hitting $48.43. 1,858,045 shares of the company's stock were exchanged, compared to its average volume of 873,498. The business has a 50-day moving average price of $56.51 and a two-hundred day moving average price of $40.88. 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 stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of -167.00 and a beta of 2.96. Bandwidth Inc. has a 52-week low of $12.50 and a 52-week high of $79.08.

Bandwidth (NASDAQ:BAND - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The company had revenue of $219.90 million for the quarter, compared to analyst estimates of $217.62 million. Bandwidth'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. As a group, equities research analysts expect that Bandwidth Inc. will post 0.65 EPS for the current year.

Analyst Ratings Changes

BAND has been the subject of several research reports. Citigroup reissued a "market outperform" rating on shares of Bandwidth in a report on Monday, July 20th. Wall Street Zen downgraded Bandwidth from a "strong-buy" rating to a "buy" rating in a report on Sunday, June 28th. Zacks Research lowered shares of Bandwidth from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 3rd. Needham & Company LLC reaffirmed a "buy" rating on shares of Bandwidth in a report on Thursday, August 20th. Finally, Citizens Jmp upped their price target on shares of Bandwidth from $70.00 to $86.00 and gave the company a "market outperform" rating in a research report on Monday, July 20th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Bandwidth has an average rating of "Moderate Buy" and a consensus price target of $59.80.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BAND. Deutsche Bank AG grew its position in Bandwidth by 6.0% during the fourth quarter. Deutsche Bank AG now owns 18,343 shares of the company's stock worth $283,000 after buying an additional 1,043 shares during the period. TD Waterhouse Canada Inc. acquired a new stake in shares of Bandwidth in the 2nd quarter worth approximately $70,000. Mercer Global Advisors Inc. ADV increased its stake in Bandwidth by 2.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 53,681 shares of the company's stock valued at $895,000 after purchasing an additional 1,129 shares in the last quarter. Franklin Resources Inc. increased its stake in Bandwidth by 3.6% in the 4th quarter. Franklin Resources Inc. now owns 58,141 shares of the company's stock valued at $898,000 after purchasing an additional 2,043 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in Bandwidth by 8.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 29,896 shares of the company's stock worth $462,000 after purchasing an additional 2,250 shares during the last quarter. Institutional investors and hedge funds own 68.53% of the company's stock.

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.

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