BAND Bandwidth Inc.
Price Chart
Executive Summary
Five Bandwidth insiders sold a total of ~$3.42M in open-market transactions over a 7-day window ending May 12, 2026, following the company's strong Q1 2026 earnings beat and raised full-year guidance. The selling is concentrated among senior executives including the Chief People Officer ($2.50M), COO, CIO, and Controller, representing ~0.21% of market cap — modest but notable in the context of the stock's ~50% YTD rally and the cross-filing earnings catalyst.
Key Financial Metrics
Actionable Insight
Insider selling is routine post-earnings and proportional to the stock's rally — not a red flag. The cluster is small relative to market cap and concentrated in one executive (CPO). Monitor for any acceleration in selling volume or C-suite departures, but no immediate bearish signal. The raised guidance and strong Q1 fundamentals remain the dominant narrative.
Key Facts
- 5 insiders sold $3.42M total in open-market sales from May 5-12, 2026
- Chief People Officer Rebecca Bottorff sold $2.50M (73% of cluster value) on May 12
- COO Devesh Agarwal, CIO Kade Ross, Controller Devin Krupka, and Director Lukas Roush also sold
- Sales follow Q1 2026 earnings: record revenue $209M (+20% YoY), Adj. EBITDA $26M (+17% YoY), raised FY2026 guidance
- Cluster value is ~0.21% of BAND's $1.6B market cap — below the 0.5% materiality threshold
- Stock has rallied significantly YTD (+50%+), providing a natural window for insider liquidity
Financial Impact
Total insider sales of $3.42M, or ~0.21% of market cap
Risk Factors
- Insider selling could accelerate if stock continues to rally, creating overhang
- CEO David Morken did not sell — his continued holding is a positive signal
- Stock at elevated valuation post-rally may be vulnerable to any guidance miss
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BAND-1778703015388 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
6d ago
|
Insider Cluster
| $73.19 $72.20 | ▼ −1.35% | ▲ +1.22% | $68.84 (−5.94%) |
|
Jun 1, 2026
8d ago
|
Insider Cluster
| $67.87 $65.60 | ▼ −3.34% | ▼ −2.62% | $68.84 (+1.43%) |
|
May 28, 2026
13d ago
|
144
| $57.66 $64.97 | ▲ +12.68% | ▲ +12.44% | $68.84 (+19.39%) |
|
May 12, 2026
28d ago
|
8-K
| $51.01 $51.01 | · 0.00% | ▲ +0.00% | $68.84 (+34.95%) |
|
May 11, 2026
4w ago
|
Insider Cluster
| $49.95 $49.44 | ▲ +1.02% | ▲ +0.88% | $68.84 (−37.82%) |
|
May 5, 2026
5w ago
|
Insider Cluster
| $52.10 $53.97 | ▲ +3.59% | ▲ +4.82% | $68.84 (+32.13%) |
|
Apr 30, 2026
5w ago
|
Insider Cluster
| $46.45 $48.58 | ▲ +4.59% | ▲ +4.92% | $68.84 (+48.20%) |
|
Apr 30, 2026
5w ago
|
Insider Cluster
| $36.81 $44.86 | ▲ +21.87% | ▲ +21.65% | $68.84 (+87.01%) |
|
Apr 17, 2026
7w ago
|
144
| $23.01 $24.13 | ▲ +4.87% | ▲ +5.06% | $68.84 (+199.17%) |
|
Mar 4, 2026
14w ago
|
Insider Cluster
| $16.45 $16.15 | ▲ +1.82% | ▲ +1.25% | $68.84 (−318.48%) |
US Market Status
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