Bandwidth (NASDAQ:BAND) Director Lukas Roush Sells 1,500 Shares of Stock

Bandwidth Inc. (NASDAQ:BANDGet Free Report) Director Lukas Roush sold 1,500 shares of Bandwidth stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $47.35, for a total value of $71,025.00. Following the transaction, the director owned 58,436 shares in the company, valued at approximately $2,766,944.60. This represents a 2.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bandwidth Trading Down 1.2%

Shares of BAND opened at $48.43 on Tuesday. Bandwidth Inc. has a 12-month low of $12.50 and a 12-month high of $79.08. The firm has a market capitalization of $1.56 billion, a P/E ratio of -167.00 and a beta of 2.96. The firm has a 50-day moving average price of $56.46 and a 200 day moving average price of $41.13. 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:BANDGet Free Report) last issued its 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. The company had revenue of $219.90 million for the quarter, compared to the consensus estimate of $217.62 million. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The firm’s revenue for the quarter was up 22.2% compared to the same quarter last year. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. Sell-side analysts forecast that Bandwidth Inc. will post 0.65 EPS for the current year.

Institutional Trading of Bandwidth

Institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG boosted its position in shares of Bandwidth by 189.2% during the fourth quarter. UBS Group AG now owns 205,300 shares of the company’s stock worth $3,172,000 after buying an additional 134,309 shares during the period. Bastion Asset Management Inc. purchased a new stake in shares of Bandwidth in the 1st quarter valued at $6,592,000. Nano Cap New Millennium Growth Fund L P acquired a new position in Bandwidth during the 4th quarter worth about $1,622,000. Walleye Capital LLC acquired a new position in Bandwidth during the 1st quarter worth about $1,069,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings 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 acquiring an additional 516,117 shares during the period. Institutional investors and hedge funds own 68.53% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on BAND shares. Zacks Research cut Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Piper Sandler increased their price target on Bandwidth from $38.00 to $52.00 and gave the stock a “neutral” rating in a report on Wednesday, August 19th. B. Riley Financial raised their price objective on Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Weiss Ratings downgraded Bandwidth from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, Needham & Company LLC restated a “buy” rating on shares of Bandwidth in a report on Thursday, August 20th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.80.

Read Our Latest Stock Report on Bandwidth

About Bandwidth

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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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