Butterfly Network (NYSE:BFLY) EVP John Doherty Sells 60,182 Shares

Butterfly Network, Inc. (NYSE:BFLY) EVP John Doherty sold 60,182 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $3.98, for a total value of $239,524.36. Following the transaction, the executive vice president directly owned 1,234,688 shares in the company, valued at approximately $4,914,058.24. This represents a 4.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Butterfly Network Trading Down 3.0%

Butterfly Network stock opened at $4.03 on Friday. The stock has a fifty day moving average price of $3.13 and a 200 day moving average price of $2.30. Butterfly Network, Inc. has a 52 week low of $1.32 and a 52 week high of $4.98. The firm has a market capitalization of $1.02 billion, a P/E ratio of -12.20 and a beta of 2.27.

Butterfly Network (NYSE:BFLY) last posted its quarterly earnings results on Friday, October 31st. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.02. The company had revenue of $21.49 million during the quarter, compared to analysts’ expectations of $21.23 million. Butterfly Network had a negative return on equity of 37.80% and a negative net margin of 90.31%. As a group, equities analysts predict that Butterfly Network, Inc. will post -0.35 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BFLY shares. Loop Capital set a $5.00 target price on Butterfly Network in a research report on Wednesday, December 31st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Butterfly Network in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Butterfly Network from a “sell” rating to a “hold” rating in a research report on Sunday, November 23rd. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $3.67.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new stake in Butterfly Network during the 2nd quarter valued at approximately $25,000. Ameriprise Financial Inc. acquired a new stake in shares of Butterfly Network during the 3rd quarter valued at approximately $25,000. Y Intercept Hong Kong Ltd bought a new position in Butterfly Network during the third quarter worth $32,000. BNP Paribas Financial Markets boosted its holdings in Butterfly Network by 707.2% in the second quarter. BNP Paribas Financial Markets now owns 16,258 shares of the company’s stock worth $33,000 after purchasing an additional 14,244 shares during the period. Finally, Wisconsin Wealth Advisors LLC bought a new stake in Butterfly Network during the fourth quarter valued at $38,000. Institutional investors and hedge funds own 37.85% of the company’s stock.

Butterfly Network News Roundup

Here are the key news stories impacting Butterfly Network this week:

• Positive Sentiment: Company roadmap: Butterfly plans a 2026 “Beam Steering” API to expose core 3D imaging capabilities to Butterfly Garden developers — could expand third‑party apps, AI integrations and future monetization opportunities. Read More.
• Neutral Sentiment: Analyst coverage and technicals remain mixed: consensus MarketBeat target ~ $3.67 with Buy/Hold/Sell split; 50‑ and 200‑day moving averages show recent strength off lows but the company remains loss‑making. Read More.
• Neutral Sentiment: Institutional investors hold a meaningful stake (~38%): several funds (Geode, Acadian, others) have recently increased positions, which can stabilize liquidity and supply in secondary market trading. Read More.
• Negative Sentiment: Large director selling: Director Jonathan M. Rothberg executed multi‑day sales totaling ~1.14M shares across Jan 6–8 at roughly $4.03–$4.18 (~$4.7M aggregate), materially reducing his stake — a clear negative for near‑term sentiment and potential selling pressure. Read More.
• Negative Sentiment: Additional executive sales: EVP John N. Doherty sold 60,182 shares (avg $3.98) on Jan 7; CTO Victor Ku sold 35,968 shares (avg $3.82) on Jan 5 — these add to the cluster of insider exits and may amplify short‑term downside risk. Read More. Read More.

Butterfly Network Company Profile

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.