Bandwidth (NASDAQ:BAND) CFO Daryl Raiford Sells 4,228 Shares

Posted by Geri Gentry on Jun 3rd, 2026

Bandwidth Inc. (NASDAQ:BAND – Get Free Report) CFO Daryl Raiford sold 4,228 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $64.15, for a total transaction of $271,226.20. Following the completion of the transaction, the chief financial officer owned 42,919 shares of the company’s stock, valued at approximately $2,753,253.85. The trade was a 8.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Bandwidth Trading Up 9.1%

Shares of Bandwidth stock opened at $70.89 on Tuesday. The company has a fifty day simple moving average of $34.21 and a 200-day simple moving average of $21.41. Bandwidth Inc. has a 12-month low of $12.50 and a 12-month high of $71.76. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.37. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of -186.55 and a beta of 2.72.

Bandwidth (NASDAQ:BAND – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.06. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. The business had revenue of $208.78 million during the quarter, compared to analysts’ expectations of $201.58 million. Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. On average, equities analysts forecast that Bandwidth Inc. will post 0.55 EPS for the current fiscal year.

More Bandwidth News

Here are the key news stories impacting Bandwidth this week:

Neutral Sentiment: A market note highlighted that Bandwidth shares had already surged sharply and were being watched as a potential momentum trade. Bandwidth (NASDAQ:BAND) Stock Price Up 10.2% – Time to Buy?
Negative Sentiment: CEO David A. Morken sold 4,632 shares, CFO Daryl E. Raiford sold shares in two separate transactions, and other insiders including the COO, general counsel, and additional executives also sold stock. Insider selling can weigh on sentiment because it may signal management thinks the shares are fully valued after the recent run-up.
Negative Sentiment: The sales were executed at prices around $58.85 to $64.15, suggesting insiders were willing to reduce holdings while the stock was trading near multiyear highs, which may add caution for traders despite the company’s recent strong earnings and upbeat guidance.

Institutional Trading of Bandwidth

Hedge funds have recently made changes to their positions in the company. Rhumbline Advisers lifted its stake in shares of Bandwidth by 15.0% in the second quarter. Rhumbline Advisers now owns 40,927 shares of the company’s stock valued at $651,000 after purchasing an additional 5,324 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Bandwidth in the second quarter valued at about $128,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Bandwidth by 26.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 373,153 shares of the company’s stock valued at $5,933,000 after purchasing an additional 78,360 shares during the period. Invesco Ltd. lifted its stake in shares of Bandwidth by 4.7% in the second quarter. Invesco Ltd. now owns 56,367 shares of the company’s stock valued at $896,000 after purchasing an additional 2,532 shares during the period. Finally, Jump Financial LLC acquired a new stake in shares of Bandwidth in the second quarter valued at about $221,000. Institutional investors and hedge funds own 68.53% of the company’s stock.

Analyst Upgrades and Downgrades

BAND has been the subject of a number of recent research reports. Needham & Company LLC increased their price target on shares of Bandwidth from $45.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Citizens Jmp increased their price target on shares of Bandwidth from $45.00 to $70.00 and gave the stock a “market outperform” rating in a research note on Friday, May 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Bandwidth in a research note on Monday, April 20th. Citigroup reiterated an “outperform” rating on shares of Bandwidth in a research note on Thursday, April 30th. Finally, B. Riley Financial increased their price target on shares of Bandwidth from $20.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.25.

Read Our Latest Stock Analysis on BAND

Bandwidth Company Profile

(Get Free Report)

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.