Butterfly Network, Inc. (BFLY)
NYSE · Instruments & Medical Devices · X-Ray Apparatus & Tubes & Related Irradiation Apparatus
- Price
- $9.20
- Day
- -7.35%
- Market cap
- $2.41B
Close 2026-09-23.
The company
Overview Butterfly is the pioneer of the Ultrasound-on-Chip™ semiconductor platform and a leader in semiconductor-based point-of-care ultrasound technology. We combine proprietary hardware, intuitive software, services and educational offerings that can make ultrasound more accessible than ever before. Our flagship point-of-care solution enables the practical application of ultrasound information into the clinical workflow through affordable ultrasound devices that fit in a healthcare professional’s pocket and pair with cloud-connected software that is easily accessed through a mobile application. While Butterfly’s core commercial business is in the point-of-care ultrasound (“POCUS”) category, our technology is fundamentally different from incumbent POCUS devices, which we view as mere extensions of cart-based hospital workflows. In contrast, Butterfly’s devices are built on our one-of-a-kind Ultrasound-on-Chip™ semiconductor platform. Our technology is designed for true mobility, not just because it is a single, portable imaging device suitable for any doctor or nurse, but also because it is powered by AI-driven tools, cloud connectivity, and seamless hospital integration. This combination of advanced, cloud-connected software and portable hardware is the key to mobility, allowing Butterfly to support large health systems while also functioning independently of them in remote or resource-limited settings. Wherever a doctor, nurse, or patient braves to go, Butterfly can deliver imaging that adapts to their environment and remains securely connected.
From Item 1: Overview.
By product & service
- Product — 65%
- Software and Other Services — 35%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- GLENVIEW CAPITAL MANAGEMENT, LLC — $120.7M
- Hood River Capital Management LLC — $111.06M
- Fosun International Ltd — $86.18M
- BlackRock, Inc. — $85.76M
- VANGUARD CAPITAL MANAGEMENT LLC — $72.07M
- BlackRock, Inc. — $57.12M
- D. E. Shaw & Co., Inc. — $53.64M
- STATE STREET CORP — $48.52M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- Cashman Steve (Chief Business Officer) sold 140,112 shares at $7.30 on 2026-09-04
- Carlson Megan (CAO and SVP, Finance) sold 13,804 shares at $7.30 on 2026-09-04
- Caezza Nicholas (Deputy General Counsel) sold 1,709 shares at $8.15 on 2026-09-02
- ROBBINS LARRY (Director) sold 582,500 shares at $8.97 on 2026-08-17
- Phanstiel S. Louise (Director) bought 115,200 shares at $8.68 on 2026-08-14
- ROBBINS LARRY (Director) sold 824,700 shares at $8.70 on 2026-08-14
Recent filings
- 144 — 2026-09-22
- 144 — 2026-09-22
- 4 — 2026-09-09
- 4 — 2026-09-09
- 144 — 2026-09-04
- 144 — 2026-09-04
- 4 — 2026-09-04
- 144 — 2026-09-02
- 4 — 2026-08-25
- 4 — 2026-08-17