Mar 31, 2025

Bandwidth Inc. (NASDAQ:BAND) Shares Sold by Quantbot Technologies LP Posted by MarketBeat News on Mar 31st, 2025 Quantbot Technologies LP decreased its position in Bandwidth Inc. ( NASDAQ:BAND – Free Report ) by 31.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,413 shares of the company’s stock after selling 3,836 shares during the period. Quantbot Technologies LP’s holdings in Bandwidth were worth $143,000 at the end of the most recent reporting period. Other hedge funds have also made changes to their positions in the company. Quarry LP boosted its position in shares of Bandwidth by 157.6% in the 3rd quarter. Quarry LP now owns 2,035 shares of the company’s stock worth $36,000 after buying an additional 1,245 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Bandwidth during the fourth quarter worth about $69,000. one8zero8 LLC purchased a new stake in shares of Bandwidth in the fourth quarter valued at about $170,000. SG Americas Securities LLC grew its position in shares of Bandwidth by 14.5% in the fourth quarter. SG Americas Securities LLC now owns 11,102 shares of the company’s stock valued at $189,000 after purchasing an additional 1,407 shares during the last quarter. Finally, Centiva Capital LP acquired a new stake in shares of Bandwidth in the third quarter valued at approximately $191,000. Hedge funds and other institutional investors own 68.53% of the company’s stock. Get Bandwidth alerts: Insider Buying and Selling at Bandwidth In other Bandwidth news, insider Devin M. Krupka sold 3,770 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $15.70, for a total value of $59,189.00. Following the completion of the transaction, the insider now directly owns 19,188 shares of the company’s stock, valued at $301,251.60. This represents a 16.42 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website . Also, General Counsel Richard Brandon Asbill sold 9,878 shares of Bandwidth stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $15.24, for a total value of $150,540.72. Following the sale, the general counsel now directly owns 42,475 shares in the company, valued at approximately $647,319. The trade was a 18.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 70,510 shares of company stock valued at $1,109,806 over the last three months. 6.20% of the stock is owned by company insiders. Bandwidth Trading Down 6.0 % NASDAQ BAND opened at $13.37 on Monday. The company has a market cap of $382.70 million, a P/E ratio of -23.46 and a beta of 1.57. Bandwidth Inc. has a 12 month low of $13.31 and a 12 month high of $25.02. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.34 and a quick ratio of 1.34. The company has a 50-day moving average of $16.49 and a 200-day moving average of $17.61. Bandwidth ( NASDAQ:BAND – Get Free Report ) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.36). Bandwidth had a positive return on equity of 0.53% and a negative net margin of 0.87%. The company had revenue of $209.97 million for the quarter, compared to analyst estimates of $203.68 million. During the same period last year, the company posted $0.38 EPS. As a group, equities analysts predict that Bandwidth Inc. will post 0.22 earnings per share for the current year. Analysts Set New Price Targets A number of research firms recently issued reports on BAND. Morgan Stanley upped their target price on Bandwidth from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Wednesday, December 18th. William Blair reaffirmed an “outperform” rating on shares of Bandwidth in a research note on Friday, February 21st. Barclays cut their target price on shares of Bandwidth from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, February 21st. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Bandwidth in a report on Friday, February 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $28.33.