BUTTERFLY NETWORK ($BFLY) posted quarterly earnings results on Friday, May 2nd. The company reported earnings of -$0.06 per share, beating estimates of -$0.09 by $0.03. The company also reported revenue of $21,230,000, missing estimates of $21,580,650 by $-350,650.
You can see Quiver Quantitative's $BFLY stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
BUTTERFLY NETWORK Insider Trading Activity
BUTTERFLY NETWORK insiders have traded $BFLY stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $BFLY stock by insiders over the last 6 months:
- JOSEPH DEVIVO (President & CEO) sold 320,215 shares for an estimated $780,684
- STEVE CASHMAN (Chief Business Officer) sold 164,079 shares for an estimated $502,738
- HEATHER C GETZ (EVP, CFO & COO) sold 30,136 shares for an estimated $92,336
- ANDREI G STOICA (Chief Technology Officer) has made 0 purchases and 4 sales selling 19,776 shares for an estimated $60,903.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
BUTTERFLY NETWORK Hedge Fund Activity
We have seen 94 institutional investors add shares of BUTTERFLY NETWORK stock to their portfolio, and 58 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIRST LIGHT ASSET MANAGEMENT, LLC added 3,994,620 shares (+inf%) to their portfolio in Q4 2024, for an estimated $12,463,214
- ARK INVESTMENT MANAGEMENT LLC removed 2,664,713 shares (-30.7%) from their portfolio in Q4 2024, for an estimated $8,313,904
- STATE STREET CORP added 1,974,282 shares (+289.0%) to their portfolio in Q4 2024, for an estimated $6,159,759
- CAPITAL WORLD INVESTORS added 1,358,623 shares (+inf%) to their portfolio in Q4 2024, for an estimated $4,238,903
- BLACKROCK, INC. added 1,357,645 shares (+62.9%) to their portfolio in Q4 2024, for an estimated $4,235,852
- CITADEL ADVISORS LLC added 1,340,488 shares (+150.9%) to their portfolio in Q4 2024, for an estimated $4,182,322
- MILLENNIUM MANAGEMENT LLC added 1,235,916 shares (+133.6%) to their portfolio in Q4 2024, for an estimated $3,856,057
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
BUTTERFLY NETWORK Analyst Ratings
Wall Street analysts have issued reports on $BFLY in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 01/21/2025
- Lake Street issued a "Buy" rating on 01/10/2025
- Cowen & Co. issued a "Buy" rating on 01/02/2025
To track analyst ratings and price targets for BUTTERFLY NETWORK, check out Quiver Quantitative's $BFLY forecast page.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
