Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Butterfly Network Inc (NYSE: BFLY) closed the day trading at $2.22 down -4.72% from the previous closing price of $2.33. In other words, the price has decreased by -$4.72 from its previous closing price. On the day, 3.13 million shares were traded.
Ratios:
For a better understanding of BFLY, let’s look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 05 ’25 when Getz Heather C bought 65,456 shares for $2.20 per share.
DEVIVO JOSEPH sold 320,215 shares of BFLY for $780,684 on Apr 25 ’25. The President & CEO now owns 7,249,789 shares after completing the transaction at $2.44 per share. On Apr 25 ’25, another insider, DEVIVO JOSEPH, who serves as the Officer of the company, bought 320,215 shares for $2.44 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.41 while its Price-to-Book (P/B) ratio in mrq is 2.29.
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 -15.60%, while the 200-Day Moving Average is calculated to be -11.94%.
Shares Statistics:
A total of 220.82M shares are outstanding, with a floating share count of 183.25M. Insiders hold about 25.90% of the company’s shares, while institutions hold 25.97% stake in the company.
