Bandwidth (NASDAQ:BAND) CEO David Morken Sells 5,128 Shares of Stock

Posted by Stanley Muller on Sep 2nd, 2026

Bandwidth Inc. (NASDAQ:BAND – Get Free Report) CEO David Morken sold 5,128 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $49.15, for a total value of $252,041.20. Following the sale, the chief executive officer owned 6,702 shares in the company, valued at approximately $329,403.30. This represents a 43.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Bandwidth Stock Performance

Shares of NASDAQ BAND opened at $50.79 on Wednesday. The firm has a market capitalization 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 business has a fifty day simple moving average of $56.42 and a 200 day simple moving average of $41.39. 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 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The firm had revenue of $219.90 million for the quarter, compared to the consensus estimate of $217.62 million. The business’s quarterly revenue 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 expect that Bandwidth Inc. will post 0.65 EPS for the current year.

Key Bandwidth News

Here are the key news stories impacting Bandwidth this week:

Positive Sentiment: Bandwidth’s latest quarterly results modestly exceeded expectations, with EPS of $0.37 versus the $0.36 consensus and revenue of $219.9 million versus $217.6 million expected. Revenue increased 22.2% year over year, and management’s full-year 2026 EPS guidance remains $1.71 to $1.79. Bandwidth stock and earnings information
Positive Sentiment: Analyst opinion remains broadly supportive: five analysts rate Bandwidth a Buy and three rate it Hold, producing a “Moderate Buy” consensus and an average price target of $59.80. Recent institutional activity also included several new positions and a substantial increase by Tower Research Capital. Bandwidth analyst and institutional activity
Neutral Sentiment: Director Lukas Roush sold 1,500 shares for $71,025 on August 27 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance and reduced his holding by only 2.5%, it may carry limited signaling value. Bandwidth director stock sale
Negative Sentiment: Seven Bandwidth executives and insiders sold approximately 22,050 shares worth about $1.02 million on August 31. The sellers included CEO David Morken, CFO Daryl Raiford, COO Devesh Agarwal and the general counsel; several reduced their holdings by double-digit percentages. The unusually concentrated selling may weigh on investor sentiment, even though insider sales do not necessarily indicate deteriorating business prospects. Bandwidth SEC insider filing

Institutional Trading of Bandwidth

Several large investors have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. bought a new position in shares of Bandwidth in the second quarter valued at approximately $70,000. Corient Private Wealth LP acquired a new position in shares of Bandwidth in the 2nd quarter worth approximately $238,000. Tower Research Capital LLC TRC grew its position in Bandwidth by 183.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock worth $60,000 after acquiring an additional 2,445 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Bandwidth during the 2nd quarter valued at $85,000. Finally, Quantbot Technologies LP acquired a new stake in Bandwidth during the 2nd quarter valued at $128,000. 68.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating on shares of Bandwidth in a report on Thursday, August 20th. Wall Street Zen downgraded Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 28th. Citigroup reaffirmed a “market outperform” rating on shares of Bandwidth in a research note on Monday, July 20th. Piper Sandler upped their price target on Bandwidth from $38.00 to $52.00 and gave the company 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, August 27th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $59.80.

Check Out Our Latest Report on Bandwidth

About Bandwidth

(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.