Bandwidth Inc. (NASDAQ:BAND – Get Free Report) insider Devin Krupka sold 1,198 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $58.85, for a total transaction of $70,502.30. Following the transaction, the insider directly owned 26,371 shares of the company’s stock, valued at $1,551,933.35. The trade was a 4.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Bandwidth Price Performance
BAND stock opened at $65.46 on Thursday. The company has a fifty day moving average price of $36.23 and a 200-day moving average price of $22.15. The company has a market capitalization of $2.10 billion, a P/E ratio of -172.26 and a beta of 2.93. Bandwidth Inc. has a 52-week low of $12.50 and a 52-week high of $72.80. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.94 and a current ratio of 0.94.
Bandwidth (NASDAQ:BAND – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate 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. As a group, equities analysts expect that Bandwidth Inc. will post 0.55 EPS for the current year.
Analyst Upgrades and Downgrades
View Our Latest Analysis on Bandwidth
Institutional Investors Weigh In On Bandwidth
A number of large investors have recently bought and sold shares of BAND. Rhumbline Advisers grew its holdings in Bandwidth by 15.0% in the second quarter. Rhumbline Advisers now owns 40,927 shares of the company’s stock worth $651,000 after purchasing an additional 5,324 shares during the period. Quantbot Technologies LP acquired a new stake in Bandwidth in the second quarter worth $128,000. Arrowstreet Capital Limited Partnership grew its holdings in Bandwidth by 26.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 373,153 shares of the company’s stock worth $5,933,000 after purchasing an additional 78,360 shares during the period. Invesco Ltd. grew its holdings in Bandwidth by 4.7% in the second quarter. Invesco Ltd. now owns 56,367 shares of the company’s stock worth $896,000 after purchasing an additional 2,532 shares during the period. Finally, Jump Financial LLC acquired a new stake in Bandwidth in the second quarter worth $221,000. 68.53% of the stock is currently owned by institutional investors and hedge funds.
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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