Insider Buying: Cashman Steve, Butterfly Network Inc [BFLY] Chief Business Officer invested 50,000 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Butterfly Network Inc shares valued at $81,953 were purchased by Cashman Steve on Aug 25 ’25. At $1.64 per share, Cashman Steve acquired 50,000 shares. The insider’s holdings grew to 2,324,474 shares worth approximately $3.79 million following the completion of this transaction.

Also, Caezza Nicholas sold 3,118 shares, netting a total of over 4,521 in proceeds. Following the sale of shares at $1.45 each, the insider now holds 234,445 shares.

Before that, Getz Heather C had sold 65,456 shares from its account. In a trade valued at $144,069, the EVP, CFO & COO traded Butterfly Network Inc shares for $2.20 each. Upon closing the transaction, the insider’s holdings decreased to 65,456 shares, worth approximately $4.76 million.

As published in a research note from Oppenheimer on August 01, 2025, Butterfly Network Inc [BFLY] has been rated down from an Outperform to a Perform. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of March 17, 2025, William Blair has initiated its “an Outperform” rating for BFLY. Earlier on September 10, 2024, Lake Street initiated its rating. Their recommendation was “a Buy” for BFLY stock.

Analyzing BFLY Stock Performance

On last trading session, Butterfly Network Inc [NYSE: BFLY] rose 3.82% to $1.63. The stock’s lowest price that day was $1.56, but it reached a high of $1.66 in the same session. During the last five days, there has been a surge of approximately 17.27%. Over the course of the year, Butterfly Network Inc shares have jumped approximately 68.72%. Shares of the company reached a 52-week high of $4.9800 on 02/18/25 and a 52-week low of $1.3200 on 08/08/25.

Support And Resistance Levels for Butterfly Network Inc (BFLY)

According to the 24-hour chart, there is a support level at 1.5733, which, if violated, would cause prices to drop to 1.5167. In the upper region, resistance lies at 1.6733. The next price resistance is at 1.7167. RSI (Relative Strength Index) is 53.96 on the 14-day chart, showing neutral technical sentiment.

Is Butterfly Network Inc subject to short interest?

Stocks of Butterfly Network Inc saw a sharp steep in short interest on 2025-08-15 dropping by -4.72 million shares to 20.45 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 25.17 million shares. A decline of -23.07% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.48 of the overall float, the days-to-cover ratio (short ratio) decline to 5.48.

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

In terms of Butterfly Network Inc share price expectations, FactSet research, analysts set an average price target of 2 in the next 12 months, up nearly 27.39% from the previous closing price of $1.57. Analysts anticipate Butterfly Network Inc stock to reach 2 by 2025, with the lowest price target being 2. In spite of this, 2 analysts ranked Butterfly Network Inc stock as Buy at the end of 2025. On March 29, 2023, UBS assigned a price target of “a Neutral” to the stock and initiated coverage with a $2.25.

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