Bandwidth Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:BAND Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
14 Jun 24	BuyUS$80,000	Lukas Roush	Individual	4,962.92	US$16.12
05 Jun 24	SellUS$158,080	Daryl Raiford	Individual	7,600	US$20.80
10 May 24	SellUS$54,013	Devin Krupka	Individual	2,500	US$21.61
07 Mar 24	SellUS$166,826	Rebecca Bottorff	Individual	8,376	US$19.92
01 Mar 24	SellUS$31,584	Devin Krupka	Individual	1,580	US$19.99
01 Mar 24	SellUS$235,229	Daryl Raiford	Individual	11,500	US$20.45

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BAND?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,093,740	3.98%
Individual Insiders	2,240,838	8.15%
General Public	4,843,601	17.6%
Institutions	19,331,930	70.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.

Top Shareholders

Top 25 shareholders own 61.42% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.8%	BlackRock, Inc.	2,981,922	US$54.0m	-0.39%	no data
6.16%	The Vanguard Group, Inc.	1,695,404	US$30.7m	4.32%	no data
4.96%	Henry Kaestner	1,365,168	US$24.7m	0%	no data
4.13%	Dimensional Fund Advisors LP	1,136,851	US$20.6m	9%	no data
3.98%	Hazel-Rah III Llc	1,093,740	US$19.8m	0%	no data
3.22%	Acadian Asset Management LLC	887,105	US$16.1m	44.6%	0.04%
2.38%	State Street Global Advisors, Inc.	655,768	US$11.9m	3.69%	no data
2.22%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	610,453	US$11.1m	-0.02%	no data
2.11%	Jacobs Levy Equity Management Inc	579,805	US$10.5m	-3.14%	0.04%
2.07%	Geode Capital Management, LLC	568,667	US$10.3m	3.61%	no data
2.05%	Renaissance Technologies LLC	565,100	US$10.2m	-6.47%	0.01%
1.92%	Point72 Asset Management, L.P.	527,918	US$9.6m	-24.4%	0.02%
1.83%	Columbia Management Investment Advisers, LLC	504,652	US$9.1m	1.08%	no data
1.74%	Dana Investment Advisors Inc	478,826	US$8.7m	13.5%	0.28%
1.35%	FMR LLC	371,049	US$6.7m	70.5%	no data
1.24%	Assenagon Asset Management S.A.	341,921	US$6.2m	185%	0.01%
1.22%	Intrinsic Edge Capital Management LLC	334,434	US$6.1m	39.4%	0.69%
1.18%	Connor, Clark & Lunn Investment Management Ltd.	324,199	US$5.9m	35%	0.03%
1.17%	D. E. Shaw & Co., L.P.	322,432	US$5.8m	-22.4%	0.01%
1.09%	Keel Point, LLC	300,371	US$5.4m	2.44%	0.44%
1.07%	JP Morgan Asset Management	295,271	US$5.4m	0%	no data
0.97%	Charles Schwab Investment Management, Inc.	267,367	US$4.8m	38.1%	no data
0.85%	Qube Research & Technologies Ltd	234,026	US$4.2m	6.18%	0.01%
0.83%	Parcion Private Wealth LLC	228,210	US$4.1m	1.75%	0.34%
0.82%	Northern Trust Global Investments	226,266	US$4.1m	7.39%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:55
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bandwidth Inc. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Power	Baird
Ryan MacWilliams	Barclays
Brett Knoblauch	Berenberg