Butterfly Network Inc’s recent filing unveils that its Officer Stoica Andrei G acquired Company’s shares for reported $3908.0 on Apr 01 ’25. In the deal valued at $2.17 per share,1,805 shares were bought.
Then, Stoica Andrei G sold 3,354 shares, generating $9,016 in total proceeds. Upon selling the shares at $2.69, the Chief Technology Officer now owns 1,601,987 shares.
Before that, Stoica Andrei G bought 3,354 shares. Butterfly Network Inc shares valued at $9,017 were divested by the Officer at a price of $2.69 per share.
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 -2.63% to $2.22. Over the last five days, the stock has lost -18.38%. Butterfly Network Inc shares have fallen nearly -28.85% since the year began. Nevertheless, the stocks have risen 105.56% 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 04/01/25. SMA at 50 days reached $3.49, while 200 days put it at $2.37.
Levels Of Support And Resistance For BFLY Stock
The 24-hour chart illustrates a support level at 2.11, which if violated will result in even more drops to 2.01. On the upside, there is a resistance level at 2.29. A further resistance level may holdings at 2.37. The Relative Strength Index (RSI) on the 14-day chart is 30.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.94%. Stochastics %K at 12.47% 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 2025-03-14, dropping by -1.21 million shares to a total of 11.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 12.81 million shares. There was a decline of -10.47%, 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.
