Quantinno Capital Management LP Grows Stock Holdings in Bandwidth Inc. $BAND

Quantinno Capital Management LP boosted its position in Bandwidth Inc. (NASDAQ:BAND) by 248.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,836 shares of the company’s stock after purchasing an additional 54,771 shares during the period. Quantinno Capital Management LP’s holdings in Bandwidth were worth $1,369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BAND. Tower Research Capital LLC TRC lifted its position in shares of Bandwidth by 183.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock valued at $60,000 after acquiring an additional 2,445 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Bandwidth during the second quarter worth about $85,000. Quantbot Technologies LP acquired a new position in shares of Bandwidth in the second quarter valued at approximately $128,000. State of Wyoming lifted its stake in shares of Bandwidth by 104.6% during the fourth quarter. State of Wyoming now owns 8,756 shares of the company’s stock valued at $135,000 after buying an additional 4,476 shares during the period. Finally, Diversified Trust Co acquired a new position in Bandwidth in the 1st quarter valued at $184,000. Institutional investors and hedge funds own 68.53% of the company’s stock.

Bandwidth Stock Performance

NASDAQ:BAND opened at $54.06 on Friday. Bandwidth Inc. has a twelve month low of $12.50 and a twelve month high of $79.08. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of -186.41 and a beta of 2.96. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.87. The firm’s fifty day simple moving average is $58.57 and its 200 day simple moving average is $38.08.

Bandwidth (NASDAQ:BAND) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $219.90 million for the quarter, compared to analyst estimates of $217.62 million. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%.Bandwidth’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. As a group, equities research analysts expect that Bandwidth Inc. will post 0.65 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, General Counsel Richard Brandon Asbill sold 29,214 shares of Bandwidth stock in a transaction on Friday, June 5th. The shares were sold at an average price of $72.03, for a total transaction of $2,104,284.42. Following the sale, the general counsel owned 3,000 shares of the company’s stock, valued at $216,090. The trade was a 90.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Daryl E. Raiford sold 4,228 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $64.15, for a total value of $271,226.20. Following the sale, the chief financial officer owned 42,919 shares of the company’s stock, valued at $2,753,253.85. This represents a 8.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 67,844 shares of company stock valued at $4,375,918 over the last three months. Company insiders own 5.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BAND. Citigroup reiterated a “market outperform” rating on shares of Bandwidth in a research note on Monday, July 20th. B. Riley Financial upped their price target on shares of Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Wall Street Zen lowered shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 28th. Weiss Ratings raised Bandwidth from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Finally, Citizens Jmp upped their price target on Bandwidth from $70.00 to $86.00 and gave the stock a “market outperform” rating in a research note on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Bandwidth presently has an average rating of “Moderate Buy” and a consensus target price of $61.75.

Bandwidth 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.