Devin Krupka Sells 1,219 Shares of Bandwidth (NASDAQ:BAND) Stock

Bandwidth Inc. (NASDAQ:BAND) insider Devin Krupka sold 1,219 shares of Bandwidth stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $59,913.85. Following the completion of the sale, the insider directly owned 15,032 shares of the company’s stock, valued at approximately $738,822.80. The trade was a 7.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Bandwidth Trading Down 6.4%

Bandwidth stock opened at $47.55 on Thursday. Bandwidth Inc. has a 52 week low of $12.50 and a 52 week high of $79.08. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.04 and a current ratio of 2.04. The firm has a market capitalization of $1.53 billion, a PE ratio of -163.97 and a beta of 3.03. The business’s 50-day simple moving average is $56.33 and its 200-day simple moving average is $41.64.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, beating 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 business had revenue of $219.90 million during the quarter, compared to analyst estimates 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. Equities research analysts forecast that Bandwidth Inc. will post 0.65 earnings per share for the current year.

Bandwidth News Roundup

Here are the key news stories impacting Bandwidth this week:

• Positive Sentiment: Bandwidth’s latest reported quarter modestly exceeded expectations, with earnings of $0.37 per share versus the $0.36 consensus and revenue of $219.9 million versus $217.6 million expected. Revenue increased 22.2% year over year, while management maintained 2026 EPS guidance of $1.71–$1.79. Analysts’ consensus remains “Moderate Buy,” with an average price target of $59.80. Bandwidth earnings and analyst information
• Positive Sentiment: Institutional activity in the second quarter included several new positions, and Tower Research Capital increased its Bandwidth holding by 183.7%. Hedge funds and other institutions collectively own approximately 68.53% of the shares. Bandwidth institutional activity
• Neutral Sentiment: Director Lukas Roush sold 1,500 shares for $71,025 on August 27 under a pre-arranged Rule 10b5-1 plan. The sale reduced his ownership by only 2.5%, making it a relatively limited signal about management’s outlook. Bandwidth director sale
• Negative Sentiment: Seven insiders sold a combined approximately 22,050 shares worth $1.08 million on August 31. Sellers included CEO David Morken, CFO Daryl Raiford, COO Devesh Agarwal, General Counsel Richard Brandon Asbill, and other insiders. Several executives reduced their holdings by significant percentages, including the CEO’s 43.35% reduction and the CFO’s 11.54% reduction. The concentrated selling is likely pressuring BAND, even though insider sales can reflect personal financial planning rather than concerns about the business. Bandwidth SEC insider filing

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BAND. Vanguard Group Inc. grew its position in shares of Bandwidth by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,988,533 shares of the company’s stock worth $33,149,000 after buying an additional 67,428 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Bandwidth by 6.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,551,508 shares of the company’s stock valued at $27,647,000 after buying an additional 91,812 shares during the period. Wellington Management Group LLP boosted its stake in Bandwidth by 138.9% in the second quarter. Wellington Management Group LLP now owns 911,893 shares of the company’s stock valued at $57,723,000 after acquiring an additional 530,182 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Bandwidth by 299.5% in the first 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 last quarter. Finally, State Street Corp grew its holdings in Bandwidth by 2.6% during the 4th quarter. State Street Corp now owns 649,426 shares of the company’s stock worth $10,034,000 after acquiring an additional 16,654 shares during the period. Institutional investors own 68.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BAND shares. Wall Street Zen downgraded shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 28th. Citigroup restated a “market outperform” rating on shares of Bandwidth in a research note on Monday, July 20th. Piper Sandler upped their target price on shares of Bandwidth from $38.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Zacks Research lowered Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Finally, Citizens Jmp boosted their target price on shares of Bandwidth from $70.00 to $86.00 and gave the company a “market outperform” rating in a research note on Monday, July 20th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.80.

About Bandwidth

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.