Bandwidth Inc. (NASDAQ:BAND – Get Free Report) insider Rebecca Bottorff sold 2,176 shares of Bandwidth stock in a transaction on Friday, May 29th. The shares were sold at an average price of $58.85, for a total value of $128,057.60. Following the sale, the insider directly owned 5,620 shares of the company’s stock, valued at approximately $330,737. This trade represents a 27.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Rebecca Bottorff also recently made the following trade(s):
- On Monday, May 4th, Rebecca Bottorff sold 9,425 shares of Bandwidth stock. The shares were sold at an average price of $45.30, for a total value of $426,952.50.
Bandwidth Trading Down 4.3%
Shares of NASDAQ BAND opened at $67.87 on Wednesday. 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 fifty day simple moving average of $34.21 and a two-hundred day simple moving average of $21.41. The firm has a market cap of $2.17 billion, a PE ratio of -178.61 and a beta of 2.93. Bandwidth Inc. has a twelve month low of $12.50 and a twelve month high of $72.80.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Bandwidth by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,988,533 shares of the company’s stock valued at $33,149,000 after buying an additional 67,428 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Bandwidth by 6.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,551,508 shares of the company’s stock valued at $27,647,000 after buying an additional 91,812 shares in the last quarter. Portolan Capital Management LLC increased its position in Bandwidth by 115.8% during the 3rd quarter. Portolan Capital Management LLC now owns 745,802 shares of the company’s stock valued at $12,433,000 after buying an additional 400,231 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Bandwidth by 299.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock valued at $12,268,000 after buying an additional 516,117 shares in the last quarter. Finally, State Street Corp increased its position in Bandwidth by 2.6% during the 4th quarter. State Street Corp now owns 649,426 shares of the company’s stock valued at $10,034,000 after buying an additional 16,654 shares in the last quarter. 68.53% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
BAND has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. Citigroup reissued an “outperform” rating on shares of Bandwidth in a research report on Thursday, April 30th. Wall Street Zen lowered Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. B. Riley Financial boosted their price target on Bandwidth from $20.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Finally, Citizens Jmp boosted their price target on Bandwidth from $45.00 to $70.00 and gave the stock a “market outperform” rating in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $43.25.
Get Our Latest Analysis on BAND
Trending Headlines about Bandwidth
Here are the key news stories impacting Bandwidth this week:
- Neutral Sentiment: Bandwidth’s recent quarterly earnings beat expectations, with EPS and revenue both topping analyst estimates, and management issued upbeat FY2026 and Q2 guidance.
- Neutral Sentiment: Several institutional investors increased their stakes in BAND, including Arrowstreet Capital and Portolan Capital Management, suggesting some professional buyers still see value in the name.
- Negative Sentiment: CEO David A. Morken, CFO Daryl E. Raiford, COO Devesh Agarwal, General Counsel Richard Brandon Asbill, and insiders Devin Krupka, Rebecca Bottorff, Kade Ross, and others all sold shares in recent transactions, signaling heavy insider selling. Article Title
- Negative Sentiment: The sales were made near recent highs in the high-$50s to mid-$60s, which may raise concerns that management views the stock as fully valued after its sharp run-up.
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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