Bandwidth general counsel sells $150,583 in stock

Published 06/03/2025, 23:24
Bandwidth general counsel sells $150,583 in stock

The sale was executed in multiple transactions, with prices ranging from $15.20 to $15.39 per share. Based on InvestingPro’s Fair Value analysis, Bandwidth (NASDAQ:BAND) appears to be trading below its intrinsic value, with analysts maintaining a moderate buy consensus. Asbill’s role as General Counsel involves overseeing legal affairs for the company, which is headquartered in Raleigh, North Carolina.

The sale was executed in multiple transactions, with prices ranging from $15.20 to $15.39 per share. Based on InvestingPro’s Fair Value analysis, Bandwidth appears to be trading below its intrinsic value, with analysts maintaining a moderate buy consensus. Asbill’s role as General Counsel involves overseeing legal affairs for the company, which is headquartered in Raleigh, North Carolina.

In other recent news, Bandwidth Inc. reported fourth-quarter earnings with mixed results, showing an adjusted earnings per share of $0.37, slightly below the anticipated $0.39. However, the company exceeded revenue expectations, reporting $210 million against a forecast of $204 million, marking a 27% year-over-year increase. Adjusted EBITDA was also strong at $23 million, surpassing the consensus of $20 million. Despite these positive indicators, Bandwidth’s first-quarter revenue guidance of $168-170 million fell short of Wall Street’s expectations of $182.7 million, leading to a negative reaction from investors. For the full year 2025, the company projects revenue between $740-760 million, which is below the $761.5 million consensus estimate. Analysts from Citizens JMP maintained their Market Outperform rating with a $36 price target, noting the company’s solid financial health, including a robust free cash flow of $30 million. The company’s Cloud Communications segment contributed significantly to revenue, showing a 15% increase from the previous year. Bandwidth’s non-GAAP gross margin reached a record 58% in the fourth quarter, up from 55% a year ago, with adjusted EBITDA rising to $23.4 million from $18.8 million in the prior year quarter. Despite strong fourth-quarter results, the lower-than-expected guidance for the upcoming quarters has led to a cautious outlook from investors.

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