Bandwidth CFO Sells Over $500K in Company Stock
BAND sits 32% above its 52-week low of $11.33.
Summary
Bandwidth Inc.'s Chief Financial Officer, Daryl E. Raiford, sold 33,126 shares of company stock for over $500,000 in open market transactions.
Key Events · Ownership and Investor Activity · BAND
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CFO Sells Significant Stake
Chief Financial Officer Daryl E. Raiford disposed of 33,126 shares of Class A Common Stock in open market sales on March 12-13, 2026.
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Over $500K in Proceeds
The transactions generated total proceeds of $507,832, with shares sold at weighted average prices ranging from $15.19 to $15.47.
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Adds to Insider Distribution Trend
This sale contributes to a net insider distribution of over $1.6 million in open market sales over the past 90 days, indicating a broader trend of insider selling.
Analysis · BAND · Technology
Bandwidth Inc.'s Chief Financial Officer, Daryl E. Raiford, executed open market sales totaling over half a million dollars in company stock. This significant disposition by a key executive can be interpreted as a signal regarding the company's near-term prospects or a move for personal liquidity. This transaction adds to a broader pattern of insider distribution observed over the last 90 days, where net insider sales total over $1.6 million. Investors should monitor future insider activity for further signals, especially given the company's existing share repurchase program.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BAND was trading at $14.93 on NASDAQ in the Technology sector, with a market capitalization of approximately $468.6M. The 52-week trading range was $11.33 to $18.63. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.