Butterfly NetworkBFLY
About: Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. Butterfly enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.
Employees: 225
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
115% more call options, than puts
Call options by funds: $1.05M | Put options by funds: $489K
95% more capital invested
Capital invested by funds: $54.7M [Q2] → $107M (+$52M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
2.89% less ownership
Funds ownership: 35.28% [Q2] → 32.4% (-2.89%) [Q3]
13% less funds holding
Funds holding: 164 [Q2] → 143 (-21) [Q3]
29% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 42
48% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 44
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Lake Street | 28%upside $3 | Buy Initiated | 10 Sept 2024 |
Financial journalist opinion
Based on 7 articles about BFLY published over the past 30 days
