Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Butterfly Network Inc’s stock clocked out at $2.35, up 5.38% from its previous closing price of $2.23. In other words, the price has increased by $5.38 from its previous closing price. On the day, 3.23 million shares were traded.
Ratios:
To gain a deeper understanding of BFLY’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 6.79 while its Price-to-Book (P/B) ratio in mrq is 2.42.
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 -4.97%, while the 200-Day Moving Average is calculated to be -7.81%.
Shares Statistics:
A total of 220.82M shares are outstanding, with a floating share count of 183.32M. Insiders hold about 25.87% of the company’s shares, while institutions hold 26.83% stake in the company.
