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BAND · Bandwidth Inc.
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BAND Bandwidth (BAND) Insider Trading, Ownership & Congress Trades

Software & IT · Services-prepackaged software · CIK 0001514416
Form 144 · 13
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
172
13F, latest reported quarter
Conversions, 180 days
42
Codes C/M, not in net · $0 priced

What the filings say about BAND

Insiders, 180 days
-$16.3M net sold
9 sellers · 11% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$3.1M
13 notices

Bandwidth insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, Bandwidth Inc. insiders sold a net $16.3M of stock across 318 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.

Insider
Filed
Shares
Value
Since filing
SELL
2026-10-19 SECtraded 2026-10-16
1,500
$73.6K
+4.9%
Context
  • 8 earlier Form 4 trades (code P or S) here by this insider (3 buys, 5 sales), the last on Sep 16, 2026.
  • +4.3% median (-0.3% mean) 90-day return after 3 previous buys.
  • The trade is 2.6% of the 58,769 shares held after it.
  • No other insider sold within 30 days.
  • 172 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Roush Lukas M. sold about $73.6K of BAND under a 10b5-1 plan on Oct 16, 2026; 172 funds added in the latest 13F quarter.
SELL
2026-09-17 SECtraded 2026-09-16
1,500
$72.9K
-6.6%
Context
  • 7 earlier Form 4 trades (code P or S) here by this insider (3 buys, 4 sales), the last on Aug 27, 2026.
  • +4.3% median (-0.3% mean) 90-day return after 3 previous buys.
  • The trade is 2.5% of the 60,269 shares held after it.
  • 8 other insiders sold within 30 days.
  • 172 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Roush Lukas M. sold about $72.9K of BAND under a 10b5-1 plan on Sep 16, 2026; 8 other insiders sold within 30 days and 172 funds added in the latest 13F quarter.
Chief Financial Officer
SELL
2026-09-03 SECtraded 2026-09-02
2,536
$121.1K
+7.1%
Context
  • 36 earlier Form 4 trades (code P or S) here by this insider (36 sales), the last on Aug 31, 2026.
  • The trade is 7.6% of the 33,296 shares held after it.
  • 8 other insiders sold within 30 days.
  • 172 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer Raiford Daryl E sold about $121.1K of BAND under a 10b5-1 plan on Sep 2, 2026; 8 other insiders sold within 30 days and 172 funds added in the latest 13F quarter.
Chief Financial Officer
SELL
2026-09-03 SECtraded 2026-09-02
1,400
$68.6K
+7.1%
Context
  • 36 earlier Form 4 trades (code P or S) here by this insider (36 sales), the last on Aug 31, 2026.
  • The trade is 4.4% of the 31,896 shares held after it.
  • 8 other insiders sold within 30 days.
  • 172 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer Raiford Daryl E sold about $68.6K of BAND under a 10b5-1 plan on Sep 2, 2026; 8 other insiders sold within 30 days and 172 funds added in the latest 13F quarter.
Chief Financial Officer
SELL
2026-09-03 SECtraded 2026-09-02
3,291
$164.4K
+7.1%
Context
  • 36 earlier Form 4 trades (code P or S) here by this insider (36 sales), the last on Aug 31, 2026.
  • The trade is 11.5% of the 28,605 shares held after it.
  • 8 other insiders sold within 30 days.
  • 172 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer Raiford Daryl E sold about $164.4K of BAND under a 10b5-1 plan on Sep 2, 2026; 8 other insiders sold within 30 days and 172 funds added in the latest 13F quarter.
318 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Showing the latest few. to see 313 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$16.3M over 180 days
-$2.4M over 90 days
below 75% of Software & IT
Congress
no House purchase disclosed in the last 12 months
Funds
172 funds bought in last quarter
more than 68% of Software & IT
Revenue
+0.7% year over year
below 70% of Software & IT
Margin
-1.7% net margin
more than 52% of Software & IT
Buybacks
$5.0M repurchased, FY to 2026-03-31
below 82% of Software & IT
Short interest
16.3% of the float short (float per yahoo 2026-10-26) · 5.0 days to cover · settled 2026-09-30
What changed in the last 30 days
Oct 19Director Roush Lukas M. sold $73.6K under a 10b5-1 plan (Oct 16)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 16Director Roush Lukas M. filed to sell $223.2K by Oct 16 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.

Watch BAND

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+190.2%12M
-21%+115%+250%+385%2025-102025-122026-022026-042026-062026-082026-10 2026-05-12 · Bottorff Rebecca sold $2.5M2026-06-05 · Asbill Richard Brandon sold $1.2M2026-05-04 · Asbill Richard Brandon sold $883.0K2026-06-05 · Asbill Richard Brandon sold $878.8K2026-05-20 · Agarwal Devesh sold $858.6K2026-05-13 · Agarwal Devesh sold $612.6K2026-05-11 · Ross Kade sold $503.5K2026-06-12 · Krupka Devin M sold $473.7K2026-05-04 · Agarwal Devesh sold $461.8K2026-03-04 · Asbill Richard Brandon sold $460.2K2026-05-14 · Agarwal Devesh sold $430.0K2026-05-04 · Bottorff Rebecca sold $427.0K2026-06-12 · Krupka Devin M sold $323.9K2026-05-11 · Ross Kade sold $300.2K2026-03-02 · Ross Kade sold $283.9K2026-05-05 · Roush Lukas M. sold $271.2K2026-03-12 · Raiford Daryl E sold $263.4K2026-03-13 · Raiford Daryl E sold $244.6K2026-03-10 · Raiford Daryl E sold $228.3K2026-05-11 · Ross Kade sold $227.5K2026-06-01 · Raiford Daryl E sold $225.9K2026-04-30 · Ross Kade sold $220.1K2026-05-05 · Agarwal Devesh sold $215.2K2026-06-01 · Raiford Daryl E sold $208.4K2026-05-05 · Krupka Devin M sold $204.6K2026-08-17 · Suriano Douglas A sold $201.5K2026-06-02 · Raiford Daryl E sold $195.6K2025-12-01 · Raiford Daryl E sold $188.4K2025-12-01 · Morken David A. sold $176.9K2026-09-02 · Raiford Daryl E sold $164.4K2026-04-16 · Raiford Daryl E sold $160.8K2026-08-10 · Agarwal Devesh sold $160.1K2026-05-29 · Morken David A. sold $154.4K2026-06-02 · Ross Kade sold $152.7K2026-03-04 · Raiford Daryl E sold $152.3K2026-09-01 · Krupka Devin M sold $150.5K2026-03-09 · Raiford Daryl E sold $147.8K2026-08-31 · Morken David A. sold $146.5K2026-08-31 · Agarwal Devesh sold $139.1K2026-03-11 · Raiford Daryl E sold $137.6K2026-03-04 · Bottorff Rebecca sold $136.5K2026-05-29 · Agarwal Devesh sold $135.5K2026-10-16 · Roush Lukas M. filed to sell $223.2K2026-09-11 · Asbill Richard Brandon filed to sell $368.7K2026-09-02 · Kade Ross filed to sell $406.3K2026-08-27 · Agarwal Devesh filed to sell $231.8K2026-08-27 · Asbill Richard Brandon filed to sell $92.7K2026-08-27 · Raiford Daryl E filed to sell $551.6K2026-08-27 · Morken David A. filed to sell $278.1K2026-08-27 · Roush Lukas M. filed to sell $139.1K2026-08-27 · Bottorff Rebecca filed to sell $139.1K2026-08-27 · Ross Kade filed to sell $92.7K2026-08-27 · Krupka Devin M filed to sell $199.0K2026-08-17 · Suriano Douglas A filed to sell $215.9K2026-08-07 · Agarwal Devesh filed to sell $184.8K
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns BAND: institutional holders (13F)

13F holdings, latest reported quarter
2,463,857 sh
$156.0M
$83.0M

Congress trades in BAND

No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

BAND planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
Roush Lukas M.
Filed 2026-10-16
$223.2K
Asbill Richard Brandon
Filed 2026-09-11
$368.7K
Kade Ross
Filed 2026-09-02
$406.3K
Agarwal Devesh
Filed 2026-08-27
$231.8K
Asbill Richard Brandon
Filed 2026-08-27
$92.7K

BAND mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
Select Telecommunications Portfolio
$9.2M position · as of 2026-05-31
3.6%
FULLERTHALER BEHAVIORAL MICRO-CAP EQUITY FUND
$658.3K position · as of 2026-06-30
2.2%
Royce Smaller-Companies Growth Fund
$4.6M position · as of 2026-06-30
1.9%
Invesco NASDAQ Future Gen 200 ETF
$337.8K position · as of 2026-05-31
1.8%
Golden Eagle Dynamic Hypergrowth ETF
$1.2M position · as of 2026-06-30
1.7%
State Street(R) SPDR(R) S&P(R) Telecom ETF
$11.4M position · as of 2026-06-30
1.6%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Executive pay vs shareholder return · David A. Morken
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$7.6M
$8.5M
$3.0M
-90%
+148%
2024
$2.1M
$2.4M
$1.7M
-89%
+101%
2023
$2.0M
$1.5M
$1.8M
-91%
+48%
2022
$4.8M
$1.4M
$2.8M
-85%
-5%
2021
$3.4M
-$670.8K
$1.6M
-53%
+33%
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $16.3M sold by insiders over 180 days, 172 funds added last quarter, $3.1M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Same sector, ranked by filing activity
Sector by SEC SIC code

BAND financials

Revenue growth
+0.7%
XBRL, annual
Net margin
-1.7%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$788.4M
four quarters, 2025-04-01 to 2026-03-31
Net margin, TTM
-0.6%
net income over revenue, 2025-04-01 to 2026-03-31
Free cash flow, TTM
$79.4M
operating cash flow minus capex, 2025-04-01 to 2026-03-31
Debt to equity
0.37x
long-term debt only, 2026-03-31; equity 2026-03-31
Cash flow to debt
0.68x
TTM operating cash flow over long-term debt only, 2026-03-31
Return on equity
-1.3%
TTM net income over average of 2025-03-31 and 2026-03-31
Return on assets
-0.5%
TTM net income over average of 2025-03-31 and 2026-03-31
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on capital employed
-1.7%
operating income (EBIT proxy) over average of 2025-03-31 and 2026-03-31 minus current liabilities
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Enterprise value
n/a
no share count filed
FCF yield
n/a
no share count filed
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Revenue$753.8M$748.5M$601.1M$573.2M
Gross profit$295.1M$280.0M$236.2M$238.4M
Operating income-$14.4M-$20.1M-$35.5M-$24.3M
Net income-$12.9M-$6.5M-$16.3M$19.6M
EPS (diluted)-0.43-0.24-0.64-0.48
Operating cash flow$89.5M$83.9M$39.0M$34.9M
Cash$102.8M$81.8M$132.0M$113.6M
Long-term debt$247.6M$281.3M$418.5M$480.5M
SEC XBRL, fiscal years, as known on 2026-10-27

BAND Stock Sonar score 6/7 axes

Find similar shapesCompare

BAND ranks highest on institutional and government (68th percentile) and financial health (56th), and lowest on insider conviction (10th), among Software & IT peers.

ProfitHealthGrowthInsidersInstitutionsRisk
Profitability
50
Inputs
  • Return on equity-1.3% · 48 pct, sector of 286
  • Return on assets-0.5% · 55 pct, sector of 381
  • Return on invested capitalpre-tax loss, no effective tax rate to apply
  • Return on capital employed-1.7% · 48 pct, sector of 294
Financial health
56
Inputs
  • Debt to equity0.37x · 38 pct, sector of 288
  • Cash flow to debt0.68x · 73 pct, sector of 241
Growth
30
Inputs
  • Revenue growth, YoY+0.7% · 30 pct, sector of 480
  • Backlog growth, YoYno backlog line filed, or no year-earlier backlog
Insider conviction
10
Inputs
  • Net Form 4 buying (codes P and S), 180d-$15.4M · 20 pct, sector of 285
  • Insider buyers, 180d0 · 0 pct, sector of 290
Institutional and government
68
Inputs
  • Funds adding, latest quarter172 · 68 pct, sector of 415
  • Congress net buyers, 365dno Congress trades in 365 days
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
39
Inputs
  • Short interest, % of float+16.3% · 11 pct, sector of 530
  • Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
  • EPA cases per $1B revenue, 5ynot measured for this sector, almost no peer has an event
  • New text in Risk Factors, latest 10-K+8.4% · 66 pct, sector of 316
1 not measured: US patents
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

BAND filings, in plain words

Are Bandwidth insiders buying or selling BAND?

In the 180 days to 2026-10-27, Bandwidth insiders were net sellers, a net $16.3M across purchases and sales reported on Form 4, by 9 sellers.

Are there planned insider sales of BAND?

Yes. 13 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $3.1M of stock; the latest, by Roush Lukas M., was filed 2026-10-16.

Read the full summary

In the 180 days to 2026-10-27, Bandwidth insiders were net sellers of BAND, a net $16.3M across purchases and sales reported on Form 4 by 9 sellers. 11% of the 90 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. Insiders filed 13 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $3.1M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.

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