This cluster is routine and non-informative. Monitor Bandwidth's next earnings release (2.02) or any material 8-K for fundamental changes; the insider activity alone does not warrant a trading response.
Price Chart
Executive Summary
Eight Bandwidth insiders, including the CEO and CFO, sold a total of ~$702K in open-market shares over a 7-day window. At 0.04% of the $1.6B market cap, the cluster is trivial in size and likely driven by routine post-vesting liquidity planning rather than a bearish signal.
Key Financial Metrics
Key Facts
- Total insider open-market sales: ~$702K across 8 insiders
- Sales represent ~0.04% of Bandwidth's $1.6B market cap
- CEO David Morken sold ~$106K, CFO Daryl Raiford sold ~$133K
- Multiple insiders exercised derivatives on 2026-08-28 (non-cash), followed by sales on 2026-08-31 and 2026-09-01
- No 10b5-1 plan disclosures or unusual trading patterns observed
Financial Impact
Trivial — $702K in insider sales vs. $1.6B market cap (0.04%)
Risk Factors
- Insider sales could accelerate if the stock continues to rise, but current volume is immaterial
- No evidence of a negative catalyst — risk is limited to general market or sector headwinds
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-1788379619687 |
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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