Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
Bandwidth Inc. (BAND)
Sector: Technology; Industry: Software—Infrastructure

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or text communications services across mobile application or connected device.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-07-19 Murdock John C. Director Sell 244 $127.05 $31,000 No
2021-06-24 Bottorff Rebecca Chief People Officer Sell 528 $135.00 $71,280 No
2021-06-15 Roush Lukas M. Director Sell 300 $129.16 $38,750 No
2021-06-11 Ross Kade Chief Information Officer Sell 500 $125.03 $62,517 No
2021-06-04 Bottorff Rebecca Chief People Officer Sell 400 $115.02 $46,008 Yes
2021-05-03 Bottorff Rebecca Chief People Officer Sell 39 $130.22 $5,078 Yes
2021-05-03 Carreker Marina C. President Sell 4 $130.92 $524 Yes
2021-05-03 Morken David A. Chairman & CEO Sell 108 $131.56 $14,209 Yes
2021-04-26 Morken David A. Chairman & CEO Sell 2,562 $136.91 $350,770 Yes
2021-04-26 Suriano Douglas A Director Sell 800 $137.09 $109,672 No
2021-04-01 Ross Kade Chief Information Officer Sell 500 $128.60 $64,300 Yes
2021-03-16 Bailey Brian D. Director Buy 1,500 $133.79 $200,692 No
2021-03-01 Ross Kade Chief Information Officer Sell 500 $155.59 $77,793 No
2021-02-22 GONZALEZ GABRIELA Sr. Vp Finance, Controller Sell 2,847 $173.80 $494,802 Yes
2021-02-22 Hoffman Jeffrey A. Chief Financial Officer Sell 1,920 $173.80 $333,703 Yes
2021-02-22 Morken David A. Chairman & CEO Sell 6,226 $173.73 $1,081,659 Yes
2021-02-01 Ross Kade Chief Information Officer Sell 1,000 $178.29 $178,291 No
2021-01-22 Ross Kade Chief Information Officer Sell 500 $175.09 $87,546 No
2021-01-07 Morken David A. Chairman & CEO Sell 131,391 $152.41 $20,024,902 Yes
2021-01-06 Murdock John C. Director Sell 120 $149.77 $17,972 No
2021-01-04 Morken David A. Chairman & CEO Sell 39,305 $157.95 $6,208,195 Yes
2021-01-05 GONZALEZ GABRIELA Sr. Vp Finance, Controller Sell 1,822 $158.02 $287,903 Yes
2021-01-04 Ross Kade Chief Information Officer Sell 500 $158.19 $79,096 Yes
2021-01-04 Bottorff Rebecca Chief People Officer Sell 855 $154.45 $132,052 Yes
2021-01-04 Matton W. Christopher General Counsel Sell 275 $157.45 $43,298 Yes
2021-01-05 Hoffman Jeffrey A. Chief Financial Officer Sell 1,460 $156.73 $228,822 Yes
2020-12-31 Suriano Douglas A Director Sell 234 $160.32 $37,515 Yes
2020-12-31 Morken David A. Chairman & CEO Sell 86,789 $157.97 $13,710,250 Yes
2020-12-29 Morken David A. Chairman & CEO Sell 90,270 $162.06 $14,628,904 Yes
2020-12-24 Morken David A. Chairman & CEO Sell 82,909 $178.63 $14,809,645 Yes

Insider Smart

Carvana Co (CVNA) - One of the best timed insider buying in the crash is from GARCIA ERNEST C. II 10%-owner of CVNA. Bought at 45 and now with a 100%+ profit.

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.