Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Butterfly Network Inc (NYSE: BFLY) closed at $2.36 up 2.16% from its previous closing price of $2.31. In other words, the price has increased by $2.16 from its previous closing price. On the day, 1.71 million shares were traded.
Ratios:
For a deeper understanding of Butterfly Network Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 6.06. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
On September 10, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $3.
On March 29, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $2.25.UBS initiated its Neutral rating on March 29, 2023, with a $2.25 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 05 ’25 when Getz Heather C sold 65,456 shares for $2.20 per share. The transaction valued at 144,069 led to the insider holds 2,919,274 shares of the business.
Getz Heather C bought 65,456 shares of BFLY for $144,062 on May 05 ’25. On Apr 25 ’25, another insider, DEVIVO JOSEPH, who serves as the President & CEO of the company, sold 320,215 shares for $2.44 each. As a result, the insider received 780,684 and left with 7,249,789 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.82 while its Price-to-Book (P/B) ratio in mrq is 2.43.
Stock Price History:
Over the past 52 weeks, BFLY has reached a high of $4.98, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 0.61%, while the 200-Day Moving Average is calculated to be -10.88%.
Shares Statistics:
A total of 220.82M shares are outstanding, with a floating share count of 183.31M. Insiders hold about 25.87% of the company’s shares, while institutions hold 36.97% stake in the company.
