Butterfly Network Inc’s filing revealed that its Officer Stoica Andrei G acquired Company’s shares for reported $5536.0 on Dec 31 ’24. In the deal valued at $3.30 per share,1,680 shares were bought.
Then, Stoica Andrei G sold 3,340 shares, generating $10,010 in total proceeds. Upon selling the shares at $3.00, the Chief Technology Officer now owns 1,450,917 shares.
Before that, Getz Heather C sold 30,136 shares. Butterfly Network Inc shares valued at $92,337 were divested by the EVP, CFO & COO at a price of $3.06 per share. As a result of the transaction, Getz Heather C now holds 2,669,333 shares, worth roughly $6.94 million.
William Blair initiated its Butterfly Network Inc [BFLY] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. UBS began covering BFLY with “Neutral” recommendation on March 29, 2023. Oppenheimer started covering the stock on November 29, 2022. It rated BFLY as “an Outperform”.
Price Performance Review of BFLY
On Tuesday, Butterfly Network Inc [NYSE:BFLY] saw its stock fall -5.11% to $2.60. Over the last five days, the stock has gained 2.36%. Butterfly Network Inc shares have fallen nearly -16.67% since the year began. Nevertheless, the stocks have risen 142.99% over the past one year. While a 52-week high of $4.98 was reached on 02/18/25, a 52-week low of $0.67 was recorded on 03/10/25. SMA at 50 days reached $3.74, while 200 days put it at $2.29.
Levels Of Support And Resistance For BFLY Stock
The 24-hour chart illustrates a support level at 2.53, which if violated will result in even more drops to 2.46. On the upside, there is a resistance level at 2.71. A further resistance level may holdings at 2.82. The Relative Strength Index (RSI) on the 14-day chart is 34.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.44%. Stochastics %K at 13.15% indicates the stock is a buying.
How much short interest is there in Butterfly Network Inc?
A steep rise in short interest was recorded in Butterfly Network Inc stocks on 2025-02-28, dropping by -2.71 million shares to a total of 12.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 15.03 million shares. There was a decline of -21.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 04, 2022 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $9.50 price target.
