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Bandwidth CFO Raiford sells $617k in stock

Published 10/09/2025, 00:02
Bandwidth CFO Raiford sells $617k in stock
BAND
-2.48%

Daryl Raiford, Chief Financial Officer of Bandwidth Inc. (NASDAQ:BAND), sold a total of $617411 worth of Class A Common Stock between September 5th and September 9th. The company, currently valued at $468 million, is trading below its InvestingPro Fair Value despite maintaining a "GOOD" financial health score.

According to a Form 4 filing with the Securities and Exchange Commission, Raiford sold 19,000 shares on September 5th at a weighted average price of $15.5046, in multiple transactions at prices ranging from $15.5042 to $15.5050. On September 8th, Raiford sold 5,000 shares at a weighted average price of $15.7068, in multiple transactions at prices ranging from $15.70 to $15.72, and 1,625 shares at $15.70. On September 9th, Raiford sold 14,143 shares at a weighted average price of $15.469, in multiple transactions at prices ranging from $15.40 to $15.51. For comprehensive insider trading analysis and additional insights, access the detailed Pro Research Report available on InvestingPro.

Following these transactions, Raiford directly owns 90,395 shares of Bandwidth Inc. Class A Common Stock. The stock has shown notable volatility recently, with a strong return over the past month despite broader market uncertainties.

In other recent news, Bandwidth Inc. reported its second-quarter 2025 earnings, surpassing expectations with non-GAAP earnings per share of $0.38, which exceeded the consensus estimate of $0.33. Revenue for the quarter reached $180 million, slightly above the anticipated $178.87 million. Despite the strong earnings performance, Bandwidth’s stock experienced a significant decline. JMP analyst Patrick Walravens maintained a Market Outperform rating on the company with a price target of $36.00 following the earnings release. These developments highlight the mixed reactions from the market despite the company’s positive financial results. The earnings surprise amounted to an 18.75% increase over the forecasted EPS of $0.32.

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