Monitor for further insider selling, especially from other C-suite executives. The CFO's decision to sell during a period of declining share price may signal lack of confidence in near-term prospects. Check for upcoming earnings or regulatory filings that could catalyze further downside.
Price Chart
Executive Summary
Bandwidth CFO Daryl Raiford sold over $600,000 worth of shares in four open-market transactions over the past week, while CEO David Morken gifted 69,355 shares. The CFO's sales represent material insider selling activity, though not yet at a scale that suggests alarm given the company's $492M market cap.
Key Financial Metrics
Key Facts
- CFO Daryl Raiford sold 36,675 shares over four days for total proceeds of $693,774.457
- Sales occurred between $15.62 and $16.48 per share, with increasing volume as price declined
- CEO David Morken gifted 69,355 shares, a non-cash transaction with no direct financial impact
- Total open-market selling by CFO represents ~0.14% of company's $492M market cap
- No open-market purchases or grants reported in the cluster
Financial Impact
$693,774 in net insider selling by CFO over 7 days
Risk Factors
- Potential negative signal from CFO selling during price weakness
- Lack of offsetting insider buying increases perception of bearish sentiment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-BAND-1773346286957 |
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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