Earnings momentum builds: Butterfly Network reported a strong second-quarter performance with revenue reaching a record $32.6 million, exceeding expectations and prompting an upward revision to full-year guidance. Market observers on social media noted the 39 percent year-over-year growth and improved margins as key drivers behind recent price action.
Insider activity draws attention: A director's purchase of over 115,000 shares for approximately $1 million at $8.68 has fueled conversations about confidence in the handheld ultrasound technology provider. Traders highlighted the move alongside volume increases as signs of sustained interest in the name.
Technical patterns emerge: Charts showing coiling patterns and potential breakouts above resistance levels have sparked detailed analysis among participants. The stock's recent surge of more than 50 percent in a short period has kept discussions focused on healthcare sector momentum and next steps for the company.
Note: This discussion summary was generated from an AI condensation of post data.
Butterfly Network Insider Trading Activity
Butterfly Network insiders have traded $BFLY stock on the open market 40 times in the past 6 months. Of those trades, 0 have been purchases and 40 have been sales.
Here’s a breakdown of recent trading of $BFLY stock by insiders over the last 6 months:
- JONATHAN M ROTHBERG has made 0 purchases and 11 sales selling 7,799,818 shares for an estimated $54,386,446.
- LARRY ROBBINS has made 0 purchases and 7 sales selling 4,174,025 shares for an estimated $34,604,216.
- JOSEPH DEVIVO (President & CEO) has made 0 purchases and 5 sales selling 1,128,293 shares for an estimated $6,072,213.
- STEVE CASHMAN (Chief Business Officer) has made 0 purchases and 6 sales selling 1,039,519 shares for an estimated $4,906,816.
- MEGAN CARLSON (CAO and SVP, Finance) has made 0 purchases and 4 sales selling 262,555 shares for an estimated $1,550,536.
- JOHN N. DOHERTY (EVP, CFO) has made 0 purchases and 2 sales selling 112,365 shares for an estimated $809,630.
- VICTOR KU (Chief Technology Officer) has made 0 purchases and 2 sales selling 84,189 shares for an estimated $599,086.
- NICHOLAS CAEZZA (Deputy General Counsel) has made 0 purchases and 3 sales selling 25,942 shares for an estimated $158,075.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Butterfly Network Revenue
Butterfly Network had revenues of $32.6M in Q2 2026. This is an increase of 39.47% from the same period in the prior year.
You can track BFLY financials on Quiver Quantitative's BFLY stock page.
You can access data on BFLY stock through the Quiver Quantitative API.
Butterfly Network Hedge Fund Activity
We have seen 144 institutional investors add shares of Butterfly Network stock to their portfolio, and 102 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- D. E. SHAW & CO., INC. added 6,326,036 shares (+9471.4%) to their portfolio in Q2 2026, for an estimated $53,265,223
- HOOD RIVER CAPITAL MANAGEMENT LLC added 4,569,282 shares (+53.0%) to their portfolio in Q2 2026, for an estimated $38,473,354
- FMR LLC added 4,470,379 shares (+1016.0%) to their portfolio in Q2 2026, for an estimated $37,640,591
- BLACKROCK, INC. added 2,859,983 shares (+17.9%) to their portfolio in Q2 2026, for an estimated $24,081,056
- BANK OF AMERICA CORP /DE/ removed 2,026,954 shares (-48.7%) from their portfolio in Q2 2026, for an estimated $17,066,952
- JANE STREET GROUP, LLC removed 1,936,318 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $16,303,797
- GOLDMAN SACHS GROUP INC added 1,909,694 shares (+224.1%) to their portfolio in Q2 2026, for an estimated $16,079,623
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
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.
