Butterfly NetworkBFLY
Market Cap: 223M
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 Q1 SEC filings by fund managers ($100M+ AUM)
21% more call options, than puts
Call options by funds: $352K | Put options by funds: $291K
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]
1% less funds holding
Funds holding: 166 [Q4 2023] → 165 (-1) [Q1 2024]
3% less capital invested
Capital invested by funds: $85M [Q4 2023] → $82.3M (-$2.66M) [Q1 2024]
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
1.76% less ownership
Funds ownership: 43.55% [Q4 2023] → 41.79% (-1.76%) [Q1 2024]
54% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 65
Research analyst outlook
We haven’t received any recent analyst ratings for BFLY.