Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
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.

BAND Symbol Info by TradingView

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2018-11-01 Carmichael Bandwidth LLC 10%-Owner Buy 1,575 $20.00 $31,500 Yes
2018-09-04 Hoffman Jeffrey A. Chief Financial Officer Sell 16,508 $46.53 $768,185 Yes
2018-08-30 Hoffman Jeffrey A. Chief Financial Officer Sell 3,823 $45.28 $173,111 Yes
2018-08-28 Hoffman Jeffrey A. Chief Financial Officer Sell 16,191 $45.31 $733,553 Yes
2018-08-24 Kaestner Henry R. 10%-Owner, Director Sell 42,051 $45.03 $1,893,756 No
2018-08-23 Kaestner Henry R. 10%-Owner, Director Sell 19,199 $45.04 $864,631 No
2018-08-13 Kaestner Henry R. 10%-Owner, Director Sell 8,750 $43.96 $384,680 No
2018-08-08 Hoffman Jeffrey A. Chief Financial Officer Sell 45,000 $43.21 $1,944,672 Yes
2018-08-08 BOWEN JAMES A 10%-Owner Sell 350,000 $42.00 $14,700,000 No
2018-07-30 Kaestner Henry R. 10%-Owner, Director Sell 8,750 $35.20 $307,984 No
2018-07-16 Kaestner Henry R. 10%-Owner, Director Sell 8,750 $35.08 $306,992 No
2018-07-11 Murdock John C. President Sell 18,077 $35.65 $644,449 Yes
2018-06-22 Murdock John C. President Sell 11,244 $40.02 $450,009 Yes
2018-06-20 Murdock John C. President Sell 47,311 $40.03 $1,893,753 Yes
2018-06-15 Kaestner Henry R. 10%-Owner, Director Sell 37,500 $39.27 $1,472,471 No
2018-06-15 Murdock John C. President Sell 76,630 $39.36 $3,016,416 Yes
2018-06-11 Carmichael Bandwidth LLC 10%-Owner Sell 593,000 $38.50 $22,830,500 No
2018-03-31 Carmichael Bandwidth LLC 10%-Owner Buy 1,575 $20.00 $31,500 Yes
2017-11-28 BOWEN JAMES A 10%-Owner Sell 158,526 $18.60 $2,948,584 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.