Key Points
- Director Jonathan M. Rothberg executed large multi‑day insider sales: he sold 351,617 shares on Jan 6 at an average $4.03 for $1,417,016.51 and, across Jan 6–8, sold a total of 1,140,180 shares (≈$4.7M), cutting his stake by about 30.8% to 788,563 shares (~$3.18M).
- Additional insider selling adds to near‑term negative sentiment: CTO Victor Ku sold 35,968 shares (~$137k) on Jan 5, further contributing to potential selling pressure.
- Company financials and analyst backdrop: Butterfly Network is currently loss‑making (negative EPS and a roughly -90% net margin), has a $1.04B market cap with a 52‑week range of $1.32–$4.98, and carries an average analyst price target of $3.67 with mixed ratings.
Butterfly Network, Inc. (NYSE:BFLY - Get Free Report) Director Jonathan Rothberg sold 335,834 shares of Butterfly Network stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $4.18, for a total transaction of $1,403,786.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Butterfly Network Price Performance
Shares of NYSE BFLY opened at $4.14 on Friday. Butterfly Network, Inc. has a 1 year low of $1.32 and a 1 year high of $4.98. The company's 50-day moving average is $3.10 and its 200 day moving average is $2.29. The stock has a market capitalization of $1.04 billion, a P/E ratio of -12.53 and a beta of 2.27.
Butterfly Network (NYSE:BFLY - Get Free Report) last released its quarterly earnings results on Friday, October 31st. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.02. Butterfly Network had a negative return on equity of 37.80% and a negative net margin of 90.31%.The company had revenue of $21.49 million for the quarter, compared to analyst estimates of $21.23 million. Research analysts anticipate that Butterfly Network, Inc. will post -0.35 earnings per share for the current year.
Analyst Ratings Changes
A number of equities research analysts have recently commented on BFLY shares. Wall Street Zen upgraded shares of Butterfly Network from a "sell" rating to a "hold" rating in a report on Sunday, November 23rd. Loop Capital set a $5.00 price target on Butterfly Network in a research note on Wednesday, December 31st. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Butterfly Network in a research report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Butterfly Network presently has a consensus rating of "Hold" and an average target price of $3.67.
Read Our Latest Research Report on Butterfly Network
Key Headlines Impacting Butterfly Network
Here are the key news stories impacting Butterfly Network this week:
- Positive Sentiment: Butterfly is planning a 2026 "Beam Steering" API to open core 3D imaging capabilities to Butterfly Garden developers, enabling third‑party and AI tool integration — a potential long‑term revenue/engagement catalyst if developers monetize apps or workflows. BFLY to Extend 3D Imaging Capabilities
- Neutral Sentiment: Analyst coverage and technicals: consensus MarketBeat target is $3.67 with mixed ratings (Buy/Hold/Sell mix). The stock’s 50‑day / 200‑day moving averages (~$3.06 / $2.27) and wide 52‑week range show elevated volatility and a growth‑stage financial profile (negative EPS). MarketBeat BFLY Profile
- Negative Sentiment: Director Jonathan M. Rothberg executed large, multi‑day stock sales (Jan 6–8): 351,617 + 452,729 + 335,834 = 1,140,180 shares sold at ~ $4.03–$4.18 (aggregate ≈ $4.7M), materially reducing his ownership stake — a clear near‑term negative for sentiment and potential selling pressure. Rothberg Form 4s
- Negative Sentiment: CTO Victor Ku sold 35,968 shares (~$137k) on Jan 5, a modest but additional insider sale that adds to the cluster of executive selling and may amplify short‑term negative sentiment. Ku Form 4
Hedge Funds Weigh In On Butterfly Network
A number of institutional investors have recently bought and sold shares of BFLY. Geode Capital Management LLC raised its holdings in shares of Butterfly Network by 114.7% during the 2nd quarter. Geode Capital Management LLC now owns 4,339,362 shares of the company's stock worth $8,680,000 after acquiring an additional 2,317,882 shares in the last quarter. Acadian Asset Management LLC boosted its stake in shares of Butterfly Network by 270.5% during the 1st quarter. Acadian Asset Management LLC now owns 1,598,552 shares of the company's stock worth $3,642,000 after purchasing an additional 1,167,055 shares during the period. Sei Investments Co. bought a new position in Butterfly Network during the 2nd quarter valued at about $2,183,000. Perkins Capital Management Inc. lifted its stake in Butterfly Network by 213.0% in the third quarter. Perkins Capital Management Inc. now owns 924,280 shares of the company's stock worth $1,784,000 after purchasing an additional 629,020 shares during the last quarter. Finally, Parkman Healthcare Partners LLC purchased a new position in shares of Butterfly Network during the third quarter valued at approximately $1,162,000. 37.85% of the stock is owned by institutional investors.
About Butterfly Network
(
Get Free Report)
Butterfly Network, Inc is a medical technology company focused on democratizing access to diagnostic imaging through its proprietary ultrasound-on-chip platform. The company's flagship device, the Butterfly iQ, leverages semiconductor technology to deliver whole-body ultrasound imaging in a handheld form factor. This portable system connects to a compatible smart device, enabling point-of-care scanning across a variety of clinical settings.
Beyond its hardware offering, Butterfly Network provides a cloud-based software suite that supports image storage, analysis and remote collaboration.
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