Butterfly Network (BFLY)

• Market cap: $833M
• 1 day: 6.54%
• 5 days: 11.71%
• 1 month: 29.47%
• 3 months: 122.16%
• 6 months: 242.98%
• Year to date: -1.51%
• 1 year: 258.72%
• 5 years: -82.62%
• 10 years: -82.62%
• Sector: Healthcare
• Industry: X-Ray Apparatus & Tubes & Related Irradiation Apparatus

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)

141% more call options, than puts

Call options by funds: $1.47M | Put options by funds: $607K

95% more capital invested

Capital invested by funds: $54.7M [Q2] → $107M (+$52.1M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

2.87% less ownership

Funds ownership: 35.3% [Q2] → 32.43% (-2.87%) [Q3]

11% less funds holding

Funds holding: 165 [Q2] → 147 (-18) [Q3]

29% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 42

38% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 40