Deutsche Bank AG Sells 2,163 Shares of Bandwidth Inc. $BAND

Deutsche Bank AG reduced its stake in Bandwidth Inc. (NASDAQ:BAND) by 10.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,040 shares of the company’s stock after selling 2,163 shares during the quarter. Deutsche Bank AG owned 0.06% of Bandwidth worth $236,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its position in Bandwidth by 9.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,249,120 shares of the company’s stock worth $21,260,000 after acquiring an additional 112,269 shares in the last quarter. Millennium Management LLC grew its position in Bandwidth by 213.5% during the 4th quarter. Millennium Management LLC now owns 136,442 shares of the company’s stock worth $2,322,000 after acquiring an additional 92,915 shares during the last quarter. Tudor Investment Corp ET AL bought a new stake in Bandwidth during the 4th quarter worth approximately $769,000. XTX Topco Ltd bought a new position in Bandwidth during the 1st quarter worth $495,000. Finally, Lazard Asset Management LLC raised its holdings in Bandwidth by 54.2% during the 4th quarter. Lazard Asset Management LLC now owns 89,455 shares of the company’s stock worth $1,522,000 after purchasing an additional 31,456 shares during the last quarter. 68.53% of the stock is currently owned by institutional investors and hedge funds.

Bandwidth Stock Performance

Bandwidth stock opened at $15.00 on Friday. The firm has a fifty day simple moving average of $14.83 and a two-hundred day simple moving average of $14.45. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.64. Bandwidth Inc. has a twelve month low of $11.33 and a twelve month high of $23.00. The company has a market capitalization of $452.10 million, a PE ratio of -44.12 and a beta of 1.80.

Bandwidth (NASDAQ:BAND) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.32 by $0.06. The firm had revenue of $180.01 million for the quarter, compared to the consensus estimate of $178.87 million. Bandwidth had a positive return on equity of 1.43% and a negative net margin of 1.32%.The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.29 earnings per share. Bandwidth has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that Bandwidth Inc. will post 0.22 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on BAND shares. JMP Securities restated a “market outperform” rating and issued a $36.00 price target on shares of Bandwidth in a report on Thursday, May 15th. Robert W. Baird reduced their price objective on Bandwidth from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, May 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Bandwidth in a report on Friday, June 13th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Bandwidth presently has an average rating of “Moderate Buy” and a consensus price target of $20.80.

Insiders Place Their Bets

In other news, CFO Daryl Raiford sold 1,849 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $15.46, for a total value of $28,585.54. Following the completion of the transaction, the chief financial officer owned 122,548 shares of the company’s stock, valued at approximately $1,894,592.08. This represents a 1.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Devesh Agarwal sold 2,132 shares of the business’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $13.30, for a total transaction of $28,355.60. Following the sale, the chief operating officer owned 62,927 shares in the company, valued at approximately $836,929.10. This trade represents a 3.28% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,870 shares of company stock worth $415,118. 6.50% of the stock is currently owned by company insiders.

About Bandwidth

Bandwidth is a leading enterprise cloud communications company. Companies like Cisco, Google, Microsoft, RingCentral, Uber, and Zoom use Bandwidth’s APIs to easily embed voice, messaging, and emergency services into software and applications. Bandwidth is the first and only CPaaS provider offering a robust selection of communications APIs built around their own IP voice network.