BAND

Bandwidth Inc.

Nasdaq · Services-Prepackaged Software · Inc. DE · CIK 0001514416
$72.20 -1.35% $2.3B
Insider Selling Cluster (7 insiders)High Impact Filing (7/10)3 New Institutional Positions
Vol
Market Cap$2.3B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (82%)
Inst. Holders8 funds
Inst. Value$62.8M
Inst. Activity3 buys / 0 sells
Insider Activity0B / 24S
Insider Net $-$8.8M
SEC Reports14
Exchange Nasdaq·Sector Services-Prepackaged Software·Inc. DE·CIK 0001514416·Prev Close $73.19

Recent Activity

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. sold 7,198 shares
Chairman & CEO @ $0.00 ($0.00)
Jun 2, 2026 Insider
Raiford Daryl E sold 2,868 shares
Chief Financial Officer @ $68.21 ($195.6K)
Jun 2, 2026 Insider
Ross Kade sold 2,224 shares
Chief Information Officer @ $68.64 ($152.7K)
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.
FMR LLC — ADD
545,585 shares ($8.4M)

Price Targets

$55.75 -22.8% upside Strong Sell
Current $72.20 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
VANGUARD GROUP INC$31.1M
RENAISSANCE TECHNOLOGIES LLC$9.6M
FMR LLC$8.4MADD
CHARLES SCHWAB INVESTMENT MANAGEMENT$4.7MNEW
MORGAN STANLEY$3.8MADD

Recent Insider Trades

DateInsiderTypeValue
Jun 3, 2026Morken DavidG$0.00
Jun 2, 2026Raiford DarylSELL$195.6K
Jun 2, 2026Ross KadeSELL$152.7K
Jun 1, 2026Raiford DarylSELL$225.9K
Jun 1, 2026Raiford DarylSELL$63.5K
8 institutional holders with $62.8M total value (4,066,883 shares) as of 2025-Q4. Top holders: VANGUARD, RENAISSANCE, FMR. Net buying activity: 3 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC2,009,829$31.1M49.4%
2RENAISSANCE TECHNOLOGIES LLC618,900$9.6M15.2%
3FMR LLC545,585$8.4M13.4%ADD +49.3%
4CHARLES SCHWAB INVESTMENT MANAGEMENT INC302,522$4.7M7.4%NEW
5MORGAN STANLEY245,250$3.8M6.0%ADD +43.0%
6TWO SIGMA INVESTMENTS, LP240,890$3.7M5.9%ADD +44.7%
7BANK OF AMERICA CORP /DE/71,002$1.1M1.7%TRIM -58.9%
8WELLS FARGO & COMPANY/MN32,905$508.4K0.8%ADD +49.4%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
FMR LLCADD365,346545,585+49.3%$8.4M2025-Q4
TWO SIGMA INVESTMENTS, LPADD166,464240,890+44.7%$3.7M2025-Q4
WELLS FARGO & COMPANY/MNADD22,02032,905+49.4%$508.4K2025-Q4
TWO SIGMA INVESTMENTS, LPADD93,889166,464+77.3%$2.8M2025-Q3
BANK OF AMERICA CORP /DE/TRIM210,82386,735-58.9%$1.4M2025-Q3
UBS Group AGNEAR_EXIT306,78770,991-76.9%$1.2M2025-Q3
BANK OF AMERICA CORP /DE/ADD109,966210,823+91.7%$3.4M2025-Q2
TWO SIGMA INVESTMENTS, LPDOUBLED11,57793,889+711.0%$1.5M2025-Q2
WELLS FARGO & COMPANY/MNADD14,36118,531+29.0%$294.6K2025-Q2
CITADEL ADVISORS LLCDOUBLED121,705269,889+121.8%$3.5M2025-Q1
TWO SIGMA INVESTMENTS, LPNEAR_EXIT108,33811,577-89.3%$151.7K2025-Q1
MORGAN STANLEYADD247,945354,631+43.0%$6.0M2024-Q4
UBS Group AGDOUBLED26,355310,385+1077.7%$5.3M2024-Q4
CITADEL ADVISORS LLCDOUBLED60,100121,705+102.5%$2.1M2024-Q4
WELLS FARGO & COMPANY/MNADD10,09414,092+39.6%$239.8K2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW267,367$4.7M2024-Q3
MORGAN STANLEYTRIM516,572247,945-52.0%$4.3M2024-Q3
10 unique insiders with 24 transactions. Net insider value: -$8.8M ($0.00 bought, $8.8M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 3, 2026Morken David A.Chairman & CEOG7,198$0.00$0.00
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 OfficerM10,602$0.00$0.00
May 30, 2026Raiford Daryl EChief Financial OfficerM10,602$0.00$0.00
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.DirectorM3,334$0.00$0.00
May 28, 2026Bailey Brian D.DirectorM3,334$0.00$0.00
May 28, 2026Suriano Douglas ADirectorM3,334$0.00$0.00
May 28, 2026Suriano Douglas ADirectorM3,334$0.00$0.00
May 28, 2026Morken David A.Chairman & CEOM7,727$0.00$0.00
May 28, 2026Morken David A.Chairman & CEOM7,727$0.00$0.00
May 28, 2026Roush Lukas M.DirectorM3,334$0.00$0.00
May 28, 2026Roush Lukas M.DirectorM3,334$0.00$0.00
May 28, 2026Bottorff RebeccaChief People OfficerM1,487$0.00$0.00
May 28, 2026Bottorff RebeccaChief People OfficerM1,487$0.00$0.00
May 28, 2026Raiford Daryl EChief Financial OfficerM5,731$0.00$0.00
May 28, 2026Raiford Daryl EChief Financial OfficerM5,731$0.00$0.00
May 28, 2026Krupka Devin MController, PAOM2,776$0.00$0.00
May 28, 2026Krupka Devin MController, PAOM2,776$0.00$0.00
May 28, 2026Ross KadeChief Information OfficerM446$0.00$0.00
May 28, 2026Ross KadeChief Information OfficerM446$0.00$0.00
May 28, 2026Asbill Richard BrandonGeneral CounselM4,169$0.00$0.00
May 28, 2026Asbill Richard BrandonGeneral CounselM4,169$0.00$0.00
May 28, 2026Agarwal DeveshChief Operating OfficerM3,928$0.00$0.00
May 28, 2026Agarwal DeveshChief Operating OfficerM3,928$0.00$0.00
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, PAOG3,333$0.00$0.00
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, PAOM1,842$0.00$0.00
Mar 21, 2026Krupka Devin MController, PAOF524$15.46$8.1K
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 -22.8% upside Strong Sell (3.00)
$38.00 Low $70.00 High
MetricValue
Current Price$72.20
Target Low$38.00
Target Mean$55.75
Target Median$57.50
Target High$70.00
# Analysts4
RecommendationStrong Sell (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