BAND

Bandwidth Inc.

Nasdaq · Services-Prepackaged Software · Inc. DE · CIK 0001514416
$65.34 +1.63% $2.1B
Insider Selling Cluster (7 insiders)High Impact Filing (7/10)9 New Institutional Positions4 Institutional Exits
Vol
Market Cap$2.1B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (82%)
Inst. Holders50 funds
Inst. Value$267.9M
Inst. Activity9 buys / 4 sells
Insider Activity0B / 34S
Insider Net $-$11.4M
SEC Reports14
Exchange Nasdaq·Sector Services-Prepackaged Software·Inc. DE·CIK 0001514416·Prev Close $64.29

Recent Activity

Jun 5, 2026 Insider
Asbill Richard Brandon sold 12,330 shares
General Counsel @ $71.27 ($878.8K)
Jun 4, 2026 short_volume
Short Volume: BAND — 60.7% short (0.4M / 0.7M)
Short: 411,407 | Exempt: 0 | TRF Vol: 677,695 | Short Ratio: 60.7% | Off-exchange volume (dark pool
Jun 3, 2026 SEC
Seven Bandwidth insiders, including the CEO, CFO, and COO, sold a total of $741K in open-market shares over a 7-day wind
CLUSTER — Impact 3/10
Jun 3, 2026 Insider
Morken David A. gifted 7,198 shares
Chairman & CEO
Jun 2, 2026 Insider
Raiford Daryl E sold 2,868 shares
Chief Financial Officer @ $68.21 ($195.6K)
Jun 1, 2026 SEC
A cluster of insider selling at Bandwidth Inc. (BAND) occurred on May 29, 2026, with the CEO, CFO, Chief People Officer,
CLUSTER — Impact 3/10
May 28, 2026 SEC
Daryl Raiford, an officer of Bandwidth Inc., filed a Form 144 on May 27, 2026, indicating intent to sell up to 25,000 sh
144 — Impact 3/10
Inst.
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP — DOUBLED
688,430 shares ($12.3M)

Price Targets

$55.75 -14.7% upside Sell
Current $65.34 Low $38.00 Median $57.50 High $70.00 4 analysts
$38.00 $70.00

Analyst Ratings

Strong Buy82% buy · 11 analysts
3Strong Buy
6Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 15, 2026 Citizens MAINTAIN Market Outperform → Market Outperform
May 14, 2026 Needham MAINTAIN Buy → Buy
Apr 30, 2026 Needham MAINTAIN Buy → Buy
Apr 17, 2026 B. Riley Securities MAINTAIN Buy → Buy
Jan 23, 2026 B. Riley Securities INITIATE Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.36 ▲ +8.3% $0.35 — $0.38 -4% YoY 5
Next Q $0.46 ▼ -3.8% $0.40 — $0.49 27% YoY 5
Current FY $1.80 ▲ +5.4% $1.77 — $1.82 26% YoY 5
Next FY $2.24 ▲ +19.5% $1.76 — $3.00 24% YoY 5

Top Institutional Holders

FundValueMove
BlackRock, Inc.$52.7M
DIMENSIONAL FUND ADVISORS LP$27.6M
VANGUARD CAPITAL MANAGEMENT LLC$21.3M
STATE STREET CORP$12.9M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$12.3MDOUBLED

Recent Insider Trades

DateInsiderTypeValue
Jun 5, 2026Asbill RichardSELL$878.8K
Jun 3, 2026Morken DavidG$0.00
Jun 2, 2026Raiford DarylSELL$195.6K
Jun 2, 2026Ross KadeSELL$152.7K
Jun 1, 2026Raiford DarylSELL$225.9K
50 institutional holders with $267.9M total value (15,057,486 shares) as of 2026-Q1. Top holders: BlackRock,, DIMENSIONAL, VANGUARD. Net buying activity: 9 institutions added/increased vs 4 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.2,957,708$52.7M19.7%
2DIMENSIONAL FUND ADVISORS LP1,551,508$27.6M10.3%
3VANGUARD CAPITAL MANAGEMENT LLC1,194,878$21.3M7.9%
4STATE STREET CORP723,295$12.9M4.8%
5ARROWSTREET CAPITAL, LIMITED PARTNERSHIP688,430$12.3M4.6%DOUBLED +299.5%
6RENAISSANCE TECHNOLOGIES LLC644,981$11.5M4.3%
7AMERIPRISE FINANCIAL INC579,624$10.3M3.9%
8VANGUARD PORTFOLIO MANAGEMENT LLC543,909$9.7M3.6%
9FMR LLC524,088$9.3M3.5%ADD +49.3%
10TWO SIGMA INVESTMENTS, LP493,932$8.8M3.3%ADD +44.7%
11Assenagon Asset Management S.A.491,873$8.8M3.3%ADD +51.1%
12Connor, Clark & Lunn Investment Management Ltd.467,486$8.3M3.1%
13WELLINGTON MANAGEMENT GROUP LLP381,711$6.8M2.5%DOUBLED +197.7%
14GOLDMAN SACHS GROUP INC364,939$6.5M2.4%
15D. E. Shaw & Co., Inc.349,860$6.2M2.3%
16Nuveen, LLC349,175$6.2M2.3%TRIM -31.2%
17MORGAN STANLEY251,700$4.5M1.7%
18CHARLES SCHWAB INVESTMENT MANAGEMENT INC233,684$4.2M1.6%
19BARCLAYS PLC223,516$4.0M1.5%
20CITADEL ADVISORS LLC220,849$3.9M1.5%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPDOUBLED172,313688,430+299.5%$12.3M2026-Q1
Assenagon Asset Management S.A.ADD325,450491,873+51.1%$8.8M2026-Q1
BANK OF AMERICA CORP /DE/ADD71,002130,599+83.9%$2.3M2026-Q1
Trexquant Investment LPADD61,827118,845+92.2%$2.1M2026-Q1
HSBC HOLDINGS PLCADD61,23992,804+51.5%$1.7M2026-Q1
Russell Investments Group, Ltd.ADD38,80056,958+46.8%$1.0M2026-Q1
DEUTSCHE BANK AG\DOUBLED18,34344,695+143.7%$796.5K2026-Q1
STATE OF WISCONSIN INVESTMENT BOARDADD19,23530,535+58.7%$544.1K2026-Q1
Allworth Financial LPDOUBLED3562,348+559.6%$41.8K2026-Q1
GROUP ONE TRADING LLCTRIM4,2832,214-48.3%$39.5K2026-Q1
NISA INVESTMENT ADVISORS, LLCTRIM1,208696-42.4%$12.4K2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCNEAR_EXIT14,777117-99.2%$2.1K2026-Q1
PNC FINANCIAL SERVICES GROUP, INC.NEAR_EXIT31123-92.6%$410.002026-Q1
FMR LLCADD365,346545,585+49.3%$8.4M2025-Q4
TWO SIGMA INVESTMENTS, LPADD166,464240,890+44.7%$3.7M2025-Q4
VICTORY CAPITAL MANAGEMENT INCADD25,28033,450+32.3%$516.8K2025-Q4
WELLS FARGO & COMPANY/MNADD22,02032,905+49.4%$508.4K2025-Q4
GROUP ONE TRADING LLCTRIM6,5884,283-35.0%$66.2K2025-Q4
Allworth Financial LPNEAR_EXIT2,138356-83.3%$5.5K2025-Q4
FEDERATED HERMES, INC.TRIM7646-39.5%$711.002025-Q4
WELLINGTON MANAGEMENT GROUP LLPDOUBLED146,859437,262+197.7%$7.3M2025-Q3
Assenagon Asset Management S.A.ADD191,318327,942+71.4%$5.5M2025-Q3
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPTRIM373,153192,369-48.4%$3.2M2025-Q3
TWO SIGMA INVESTMENTS, LPADD93,889166,464+77.3%$2.8M2025-Q3
BANK OF AMERICA CORP /DE/TRIM210,82386,735-58.9%$1.4M2025-Q3
10 unique insiders with 50 transactions. Net insider value: -$11.4M ($0.00 bought, $11.4M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 5, 2026Asbill Richard BrandonGeneral CounselSELL12,330$71.27$878.8K
Jun 3, 2026Morken David A.Chairman & CEOGIFT7,198
Jun 2, 2026Raiford Daryl EChief Financial OfficerSELL2,868$68.21$195.6K
Jun 2, 2026Ross KadeChief Information OfficerSELL2,224$68.64$152.7K
Jun 1, 2026Raiford Daryl EChief Financial OfficerSELL3,528$64.04$225.9K
Jun 1, 2026Raiford Daryl EChief Financial OfficerSELL1,000$63.50$63.5K
May 30, 2026Raiford Daryl EChief Financial OfficerEXERCISE10,602
May 29, 2026Morken David A.Chairman & CEOSELL2,645$58.37$154.4K
May 29, 2026Bottorff RebeccaChief People OfficerSELL1,243$58.37$72.6K
May 29, 2026Raiford Daryl EChief Financial OfficerSELL2,262$58.37$132.0K
May 29, 2026Krupka Devin MController, PAOSELL684$58.37$39.9K
May 29, 2026Ross KadeChief Information OfficerSELL907$58.37$52.9K
May 29, 2026Asbill Richard BrandonGeneral CounselSELL1,017$58.37$59.4K
May 29, 2026Agarwal DeveshChief Operating OfficerSELL2,322$58.37$135.5K
May 28, 2026Bailey Brian D.DirectorEXERCISE3,334
May 28, 2026Suriano Douglas ADirectorEXERCISE3,334
May 28, 2026Morken David A.Chairman & CEOEXERCISE7,727
May 28, 2026Roush Lukas M.DirectorEXERCISE3,334
May 28, 2026Bottorff RebeccaChief People OfficerEXERCISE1,487
May 28, 2026Raiford Daryl EChief Financial OfficerEXERCISE5,731
May 28, 2026Krupka Devin MController, PAOEXERCISE2,776
May 28, 2026Ross KadeChief Information OfficerEXERCISE446
May 28, 2026Asbill Richard BrandonGeneral CounselEXERCISE4,169
May 28, 2026Agarwal DeveshChief Operating OfficerEXERCISE3,928
May 20, 2026Agarwal DeveshChief Operating OfficerSELL15,000$57.24$858.7K
May 14, 2026Agarwal DeveshChief Operating OfficerSELL8,251$52.11$430.0K
May 13, 2026Agarwal DeveshChief Operating OfficerSELL11,749$52.14$612.6K
May 12, 2026Bottorff RebeccaChief People OfficerSELL50,535$49.42$2.5M
May 11, 2026Ross KadeChief Information OfficerSELL4,500$50.56$227.5K
May 5, 2026Roush Lukas M.DirectorSELL5,696$47.62$271.2K
May 5, 2026Krupka Devin MController, PAOGIFT3,333
May 5, 2026Krupka Devin MController, PAOSELL4,444$46.04$204.6K
May 5, 2026Agarwal DeveshChief Operating OfficerSELL4,742$45.39$215.2K
May 4, 2026Asbill Richard BrandonGeneral CounselSELL20,000$44.15$882.9K
May 4, 2026Agarwal DeveshChief Operating OfficerSELL10,258$45.02$461.9K
May 4, 2026Bottorff RebeccaChief People OfficerSELL9,425$45.30$427.0K
Apr 30, 2026Ross KadeChief Information OfficerSELL7,100$31.00$220.1K
Apr 16, 2026Raiford Daryl EChief Financial OfficerSELL8,040$20.00$160.8K
Mar 21, 2026Krupka Devin MController, PAOEXERCISE1,842
Mar 21, 2026Krupka Devin MController, PAOTAX W/H524$15.46$8.1K
Mar 13, 2026Raiford Daryl EChief Financial OfficerSELL16,100$15.19$244.5K
Mar 12, 2026Raiford Daryl EChief Financial OfficerSELL17,026$15.47$263.3K
Mar 11, 2026Raiford Daryl EChief Financial OfficerSELL8,807$15.62$137.5K
Mar 10, 2026Raiford Daryl EChief Financial OfficerSELL14,000$16.31$228.4K
Mar 9, 2026Raiford Daryl EChief Financial OfficerSELL8,968$16.48$147.8K
Mar 6, 2026Morken David A.Chairman & CEOGIFT69,355
Mar 6, 2026Raiford Daryl EChief Financial OfficerSELL4,900$16.34$80.1K
Mar 5, 2026Raiford Daryl EChief Financial OfficerSELL5,100$16.18$82.5K
Mar 4, 2026Asbill Richard BrandonGeneral CounselSELL30,000$15.34$460.1K
Mar 4, 2026Bottorff RebeccaChief People OfficerSELL8,792$15.52$136.5K
14 SEC filing reports analyzed. Sentiment: 1 bullish, 4 bearish, 0 mixed, 9 neutral. Avg impact: 4.2/10.
NEUTRAL CLUSTER 3/10
Seven Bandwidth insiders, including the CEO, CFO, and COO, sold a total of $741K in open-market shar
Jun 3, 2026
NEUTRAL CLUSTER 3/10
A cluster of insider selling at Bandwidth Inc. (BAND) occurred on May 29, 2026, with the CEO, CFO, C
Jun 1, 2026
NEUTRAL 144 3/10
Daryl Raiford, an officer of Bandwidth Inc., filed a Form 144 on May 27, 2026, indicating intent to
May 28, 2026
BEARISH CLUSTER 5/10
Three Bandwidth insiders (COO, CIO, Chief People Officer) sold a combined $3.34M in open-market sale
May 14, 2026
NEUTRAL CLUSTER 4/10
Five Bandwidth insiders sold a total of ~$3.42M in open-market transactions over a 7-day window endi
May 13, 2026
NEUTRAL 8-K 3/10
Bandwidth Inc. filed an 8-K furnishing an investor presentation for Q2 2026 conferences. The present
May 12, 2026
NEUTRAL CLUSTER 3/10
Three senior executives at Bandwidth (COO, CIO, CPO) sold a total of ~$1.11M in shares immediately f
May 5, 2026
NEUTRAL CLUSTER 2/10
Bandwidth insiders sold $647K in stock, but this is only 0.046% of market cap—trivial and likely rou
May 4, 2026
NEUTRAL 144 3/10
Daryl Raiford, an officer of Bandwidth Inc., filed a Form 144 notifying intent to sell 81,000 shares
Apr 17, 2026
BEARISH CLUSTER 6/10
Bandwidth CFO Daryl Raiford sold over $600,000 worth of shares in four open-market transactions over
Mar 12, 2026
BEARISH CLUSTER 6/10
Multiple Bandwidth Inc. insiders sold shares in the past week, including CFO Daryl Raiford who sold
Mar 10, 2026
BEARISH CLUSTER 7/10
Multiple Bandwidth Inc. executives, including the CEO, CFO, General Counsel, and other C-suite offic
Mar 6, 2026
NEUTRAL CLUSTER 4/10
Multiple Bandwidth insiders executed share transactions over the past week, with four C-suite execut
Mar 4, 2026
BULLISH INST-CLUSTER 7/10
Three major passive institutional investors — Morgan Stanley, Wells Fargo, and UBS — significantly i
Feb 28, 2026

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (82% buy). Based on 11 analysts: 3 strong buy, 6 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$55.75 mean target -14.7% upside Sell (3.00)
$38.00 Low $70.00 High
MetricValue
Current Price$65.34
Target Low$38.00
Target Mean$55.75
Target Median$57.50
Target High$70.00
# Analysts4
RecommendationSell (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.36 $0.35 $0.38 -4.2% +8.3% 2↑ 1↓ $0.2B 20.5% 5
Next Q
2026-09-30
$0.46 $0.40 $0.49 26.7% -3.8% 2↑ 2↓ $0.2B 16.7% 5
Current FY
2026-12-31
$1.80 $1.77 $1.82 25.9% +5.4% 4↑ 0↓ $0.9B 18.2% 5
Next FY
2027-12-31
$2.24 $1.76 $3.00 24.3% +19.5% 4↑ 0↓ $0.9B 4.4% 5

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.364
7d ago$0.364
30d ago$0.336+0.028
60d ago$0.336+0.028
90d ago$0.443-0.079
3 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 15, 2026 Citizens MAINTAIN Market Outperform Market Outperform
May 14, 2026 Needham MAINTAIN Buy Buy
Apr 30, 2026 Needham MAINTAIN Buy Buy
Apr 17, 2026 B. Riley Securities MAINTAIN Buy Buy
Jan 23, 2026 B. Riley Securities INITIATE Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20263620082%
May 1, 20263620082%
Apr 1, 20263620082%
Mar 1, 20263620082%
Feb 1, 20263620082%
Jan 1, 20263520080%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 4, 2026
short_volume
Short Volume: BAND — 60.7% short (0.4M / 0.7M)
Short: 411,407 | Exempt: 0 | TRF Vol: 677,695 | Short Ratio: 60.7% | Off-exchange volume (dark pool + OTC)
May 1, 2026
short_interest
FTD: BAND — 38,949 shares ($1.4M) failed to deliver
Settlement: 20260501, Price: $36.81, FTD Value: $1,433,712.69, BANDWIDTH INC CL A
Apr 30, 2026
earnings_calendar
BAND Q1 2026 Earnings Before Market Open — 2026-04-30
Mar 3, 2026
short_interest
FTD: BAND — 75,042 shares ($1.1M) failed to deliver
Settlement: 20260303, Price: $15.11, FTD Value: $1,133,884.62, BANDWIDTH INC CL A