Bandwidth (NASDAQ:BAND) Insider Devin Krupka Sells 1,219 Shares

Key Points

• Insider sale: Bandwidth insider Devin Krupka sold 1,219 shares at an average price of $49.15, totaling $59,913.85. His remaining ownership fell 7.5% to 15,032 shares.
• Stock and earnings: BAND shares rose 4.9% to $50.79. The company exceeded quarterly earnings and revenue expectations, reporting $0.37 EPS and $219.9 million in revenue, up 22.2% year over year.
• Analyst outlook: Bandwidth has a “Moderate Buy” consensus rating from analysts, with an average price target of $59.80; institutional investors own 68.53% of the company.

Bandwidth Inc. (NASDAQ:BAND - Get Free Report) insider Devin Krupka sold 1,219 shares of the business's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $59,913.85. Following the sale, the insider directly owned 15,032 shares in the company, valued at approximately $738,822.80. This trade represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Bandwidth Stock Up 4.9%

Shares of BAND traded up $2.36 during mid-day trading on Tuesday, reaching $50.79. The company's stock had a trading volume of 900,407 shares, compared to its average volume of 873,670. The business has a fifty day moving average of $56.46 and a 200 day moving average of $41.13. The company has a market cap of $1.63 billion, a price-to-earnings ratio of -175.14 and a beta of 2.96. Bandwidth Inc. has a 1 year low of $12.50 and a 1 year high of $79.08. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.87.

Bandwidth (NASDAQ:BAND - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, topping the consensus estimate 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 analysts' expectations of $217.62 million. The company's revenue for the quarter was up 22.2% on a year-over-year basis. 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, analysts forecast that Bandwidth Inc. will post 0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BAND shares. Citigroup reaffirmed a "market outperform" rating on shares of Bandwidth in a research note on Monday, July 20th. Piper Sandler increased 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. Needham & Company LLC restated a "buy" rating on shares of Bandwidth in a report on Thursday, August 20th. Weiss Ratings downgraded shares of Bandwidth from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday. Finally, B. Riley Financial boosted their price target on shares of Bandwidth from $55.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Bandwidth currently has a consensus rating of "Moderate Buy" and a consensus target price of $59.80.

Institutional Investors Weigh In On Bandwidth

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Bandwidth by 3.5% in 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 last quarter. Dimensional Fund Advisors LP lifted its stake in Bandwidth by 6.3% in the first 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 last quarter. Wellington Management Group LLP grew its position in Bandwidth by 138.9% in the second 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 in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Bandwidth by 299.5% in the first 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 in the last quarter. Finally, State Street Corp increased its stake 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 last quarter. Institutional investors 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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