The insider sales are too small relative to market cap to be informative. Monitor for any upcoming earnings release or material agreement that could provide context for the timing, but this cluster alone does not warrant a trading action.
Price Chart
Executive Summary
Two Bandwidth insiders, a director and the COO, sold a combined $362K in open-market sales over a 7-day window. The total value is approximately 0.02% of the company's $1.7B market cap, making this a trivial, routine cluster. The sales are not clustered by a single liquidity event (different dates, different insiders) and are immaterial relative to company size, warranting no directional read-through.
Key Financial Metrics
Key Facts
- Director Douglas Suriano sold 4,000 shares for ~$212K on 2026-08-17.
- COO Devesh Agarwal sold 3,200 shares for ~$160K on 2026-08-10.
- Total insider sales of $362K represent ~0.02% of Bandwidth's $1.7B market cap.
- No insider buying activity was reported in the cluster window.
Financial Impact
Total insider sales of $362K, representing approximately 0.02% of market capitalization.
Risk Factors
- Insider sales, while small, could precede a broader sell-off if other insiders follow suit.
- The cluster occurred without any accompanying bullish insider buying, which could be a subtle negative signal if the stock is at elevated valuations.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BAND-1787083608629 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 8-K | $50.08 $50.23 | ▲ +0.30% | ▼ −0.52% | $63.74 (+27.28%) |
Sep 15, 2026 17d ago | Press Release | $50.08 $50.23 | ▲ +0.30% | ▼ −0.52% | $63.74 (+27.28%) |
Sep 4, 2026 28d ago | 8-K | $43.77 $48.97 | ▲ +11.88% | ▲ +13.09% | $63.74 (+45.62%) |
Sep 3, 2026 29d ago | Insider Cluster | $47.09 $56.87 | ▲ +20.77% | ▲ +21.92% | $63.74 (+35.36%) |
Sep 2, 2026 4w ago | Insider Cluster | $47.09 $56.87 | ▲ +20.77% | ▲ +21.92% | $63.74 (+35.36%) |
Sep 1, 2026 4w ago | Insider Cluster | $50.79 $48.83 | ▼ −3.86% | ▼ −3.94% | $63.74 (+25.50%) |
Aug 28, 2026 5w ago | 144 | $49.00 $43.77 | ▼ −10.67% | ▼ −10.78% | $63.74 (+30.08%) |
Aug 18, 2026 6w ago | Insider Cluster | $52.30 $46.89 | ▼ −10.34% | ▼ −9.96% | $63.74 (+21.87%) |
Jul 29, 2026 9w ago | 8-K | $36.95 $45.67 | ▲ +23.60% | ▲ +18.07% | $63.74 (+72.50%) |
Jun 16, 2026 15w ago | 8-K | $51.78 $52.73 | ▲ +1.83% | ▲ +4.07% | $63.74 (+23.10%) |
US Market Status
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