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

Key Points

• Bandwidth insider Rebecca Bottorff sold 2,713 shares at an average price of $49.15, receiving $133,343.95 and reducing her direct stake by 20.22% to 10,704 shares.
• Bandwidth shares rose to $50.79, while the company’s latest quarterly results slightly exceeded expectations: EPS was $0.37 versus $0.36 expected, and revenue increased 22.2% year over year to $219.9 million.
• Analysts maintain a generally positive outlook, 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 stock.

Bandwidth Inc. (NASDAQ:BAND - Get Free Report) insider Rebecca Bottorff sold 2,713 shares of the company's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.15, for a total value of $133,343.95. Following the completion of the transaction, the insider directly owned 10,704 shares of the company's stock, valued at approximately $526,101.60. This trade represents a 20.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Bandwidth Price Performance

BAND traded up $2.36 on Tuesday, hitting $50.79. 900,407 shares of the company's stock traded hands, compared to its average volume of 873,670. The company's 50 day simple moving average is $56.46 and its 200-day simple moving average is $41.13. The firm 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 one year low of $12.50 and a one year high of $79.08. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.87.

Bandwidth (NASDAQ:BAND - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, topping 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 company had revenue of $219.90 million for the quarter, compared to analysts' expectations of $217.62 million. Bandwidth's quarterly revenue 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, research analysts anticipate that Bandwidth Inc. will post 0.65 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on BAND shares. Citigroup reaffirmed a "market outperform" rating on shares of Bandwidth in a research note on Monday, July 20th. B. Riley Financial raised their price objective on Bandwidth from $55.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, July 9th. Citizens Jmp lifted their target price on Bandwidth from $70.00 to $86.00 and gave the stock a "market outperform" rating in a report on Monday, July 20th. Piper Sandler boosted their target price on Bandwidth from $38.00 to $52.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 19th. Finally, Weiss Ratings lowered Bandwidth from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $59.80.

Institutional Investors Weigh In On Bandwidth

Several large investors have recently bought and sold shares of the business. TD Waterhouse Canada Inc. purchased a new stake in Bandwidth during the second quarter valued at $70,000. Corient Private Wealth LP purchased a new position in shares of Bandwidth in the 2nd quarter worth $238,000. Tower Research Capital LLC TRC grew its stake in shares of Bandwidth by 183.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company's stock worth $60,000 after buying an additional 2,445 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Bandwidth in the 2nd quarter worth about $85,000. Finally, Quantbot Technologies LP bought a new stake in shares of Bandwidth in the 2nd quarter worth about $128,000. 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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