BAND Bandwidth Inc.

NEUTRAL Impact: 4/10 Insider Cluster (15 insiders)
Horizon days Filed Mar 2, 2026 Processed 3mo ago
Insider cluster: 2 insiders, $420K total
Final — all horizons settled through T+60d
BAND ▲ +304.90% at T+60d
NEUTRAL call ✓ call won +304.90% · α vs SPY +295.57% · entry $15.11 → $61.18
Last close $65.34 (close Jun 12) · +332.43% from $15.11 entry
Entry anchored
Feb 27, 03:59 PM ET
via Databento tick
T+1d
+2.98%
call +2.98% · α +3.89%
$15.56
settled 4mo ago
T+5d
+9.13%
call +9.13% · α +10.34%
$16.49
settled 3mo ago
T+20d
+14.10%
call +14.10% · α +22.03%
$17.24
settled 3mo ago
T+60d
+304.90%
call +304.90% · α +295.57%
$61.18
settled 20d ago

Price Chart

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Executive Summary

Multiple Bandwidth insiders executed share transactions over the past week, with four C-suite executives selling a combined $968K in open-market transactions. The sales represent modest insider selling activity, while derivative exercises (non-cash) were routine and not economically significant.

Key Financial Metrics

Direction
selling
Total Value
$968.6K
Insiders
15

Actionable Insight

Monitor for additional selling in the next 30 days — if volume accelerates, it could signal weakening confidence. However, current activity is within normal ranges for post-earnings or vesting cycles.

Key Facts

  • Four C-suite executives sold shares in open-market transactions totaling $968,630.30.
  • CEO David Morken and CFO Daryl Raiford exercised derivatives (non-cash, $0 value), consistent with routine equity plan activity.
  • Total open-market selling represents approximately 0.2% of Bandwidth's $488M market cap — modest but not material.
  • No insider purchases were reported; all selling occurred at prices between $14.94 and $15.53.
  • Derivative exercises by insiders (11 transactions) had no cash value and are administrative in nature.

Financial Impact

$968,630 in open-market sales by insiders, ~0.2% of market cap

insider ownershipmarket sentiment

Risk Factors

  • Perception of insider selling may weigh on investor sentiment near-term.
  • Concentration of selling among multiple executives could be misinterpreted as coordinated, though timing aligns with typical vesting schedules.

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (15 trades, 7d window)cluster-BAND-1772658407934
14 reports for BAND
Performance horizon
60% Hit rate 3 of 5 directional calls best @ T+60▲ +304.90%Feb 28, 2026
Filters
Rows
Reports for BAND — sortable, filterable
Type Now
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$73.19 $72.20▼ −1.35%▲ +1.22%$65.34 (−10.73%)
Jun 1, 2026
13d ago
Insider Cluster
NEUTRAL ★ 3/10
$67.87 $65.60▼ −3.34%▼ −2.62%$65.34 (−3.73%)
May 28, 2026
18d ago
144
NEUTRAL ★ 3/10
$57.66 $64.97▲ +12.68%▲ +12.44%$65.34 (+13.32%)
May 12, 2026
4w ago
8-K
NEUTRAL ★ 3/10
$51.01 $51.01· 0.00%▲ +0.00%$65.34 (+28.09%)
May 11, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$49.95 $49.44▲ +1.02%▲ +0.88%$65.34 (−30.81%)
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 4/10
$52.10 $53.97▲ +3.59%▲ +4.82%$65.34 (+25.41%)
Apr 30, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$46.45 $48.58▲ +4.59%▲ +4.92%$65.34 (+40.67%)
Apr 30, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$36.81 $44.86▲ +21.87%▲ +21.65%$65.34 (+77.51%)
Apr 17, 2026
8w ago
144
NEUTRAL ★ 3/10
$23.01 $24.13▲ +4.87%▲ +5.06%$65.34 (+183.96%)
Mar 4, 2026
14w ago
Insider Cluster
BEARISH ★ 6/10
$16.45 $16.15▲ +1.82%▲ +1.25%$65.34 (−297.20%)
Showing 10 of 14

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