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A company insider recently sold 65,456 shares of Butterfly Network Inc [BFLY]. Should You Sale?

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Butterfly Network Inc shares valued at $144,069 were sold by Getz Heather C on May 05 ’25. At $2.20 per share, Getz Heather C sold 65,456 shares. The insider’s holdings dropped to 2,919,274 shares worth approximately $6.63 million following the completion of this transaction.

Also, Getz Heather C purchased 65,456 shares, netting a total of over 144,062 in proceeds.

Before that, DEVIVO JOSEPH had sold 320,215 shares from its account. In a trade valued at $780,684, the President & CEO traded Butterfly Network Inc shares for $2.44 each. Upon closing the transaction, the insider’s holdings decreased to 320,215 shares, worth approximately $16.46 million.

As published in their initiating research note from William Blair on March 17, 2025, Butterfly Network Inc [BFLY] has been an Outperform. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in early September. As of March 29, 2023, UBS has initiated its “Neutral” rating for BFLY. Earlier on November 29, 2022, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for BFLY stock.

Analyzing BFLY Stock Performance

During the last five days, there has been a drop of approximately -2.99%. Over the course of the year, Butterfly Network Inc shares have dropped approximately -27.24%. Shares of the company reached a 52-week high of $4.98 on 02/18/25 and a 52-week low of $1.83 on 04/07/25. A 50-day SMA is recorded $2.53, while a 200-day SMA reached $2.54.

Support And Resistance Levels for Butterfly Network Inc (BFLY)

According to the 24-hour chart, there is a support level at 2.19, which, if violated, would cause prices to drop to 2.10. In the upper region, resistance lies at 2.35. The next price resistance is at 2.42. RSI (Relative Strength Index) is 43.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.13, which suggests the price will decrease in the coming days. Percent R is at 63.83%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Which companies own the most shares of Butterfly Network Inc (BFLY)?

On October 04, 2022, B. Riley Securities assigned a price target of “a Buy” to the stock and initiated coverage with a $9.50.

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