Is Butterfly Network Inc (NYSE: BFLY) Still On The Rise?

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Medical Devices industry segment. The current market capitalization of Butterfly Network Inc is $170.67M. A total of 1.42 million shares were traded on the day, compared to an average of 1.65M shares.

In the most recent transaction, Stoica Andrei G sold 1,778 shares of BFLY for 1.00 per share on Apr 02 ’24. After the transaction, the Chief Technology Officer now owns 1,497,558 company shares. In a previous transaction on Mar 25 ’24, Stoica Andrei G sold 3,298 shares at 1.02 per share. BFLY shares that Chief Technology Officer owns now total 1,499,336.

Among the insiders who sold shares, Getz Heather C disposed of 81,448 shares on Mar 11 ’24 at a per-share price of $1.14. This resulted in the EVP, CFO & COO holding 1,435,788 shares of BFLY after the transaction. In another insider transaction, Stoica Andrei G sold 76,498 shares at $1.14 per share on Mar 11 ’24. Company shares held by the Chief Technology Officer now total 889,675.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, BFLY has a high of $2.79 and a low of $0.76.

As of this writing, BFLY has an earnings estimate of $Butterfly Network, Inc. per share for the current quarter. EPS was calculated based on a consensus of Tidal Trust II estimates, with a high estimate of $Leafly Holdings, Inc. per share and a lower estimate of $Bally’s Corporation.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BFLY’s latest balance sheet shows that the firm has $422.84M in Cash & Short Term Investments as of fiscal 2021. There were $29.08M in debt and $49.83M in liabilities at the time. Its Book Value Per Share was $1.06, while its Total Shareholder’s Equity was $447.69M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BFLY is Buy with a score of 5.00.

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