1 day Ago By ABMN Staff
Marshall Wace LLP purchased a new stake in Butterfly Network, Inc. ( NYSE:BFLY – Free Report ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 370,282 shares of the company’s stock, valued at approximately $1,155,000.
Other large investors also recently modified their holdings of the company. Y Intercept Hong Kong Ltd bought a new position in shares of Butterfly Network in the 4th quarter valued at $34,000. Verdence Capital Advisors LLC acquired a new stake in Butterfly Network in the fourth quarter valued at $41,000.
HBK Sorce Advisory LLC acquired a new stake in Butterfly Network in the fourth quarter valued at $45,000. SG Americas Securities LLC acquired a new stake in Butterfly Network in the fourth quarter valued at $46,000. Finally, Sound View Wealth Advisors Group LLC increased its holdings in Butterfly Network by 18.
5% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 16,000 shares of the company’s stock valued at $50,000 after purchasing an additional 2,500 shares during the period. 37.
85% of the stock is currently owned by institutional investors. Butterfly Network Stock Down 1.6 % NYSE BFLY opened at $2.
39 on Wednesday. The company has a market capitalization of $580.59 million, a price-to-earnings ratio of -5.
20 and a beta of 2.60. Butterfly Network, Inc.
has a twelve month low of $0.77 and a twelve month high of $4.98.
The stock has a fifty day simple moving average of $2.66 and a 200 day simple moving average of $3.05.
Insiders Place Their Bets Analyst Upgrades and Downgrades Separately, William Blair began coverage on Butterfly Network in a report on Monday, March 17th. They issued an “outperform” rating for the company. Read Our Latest Report on Butterfly Network Butterfly Network Company Profile ( Free Report ) Butterfly Network, Inc develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally.
It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging in a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; and Butterfly iQ+ Vet, a handheld ultrasound system designed for veterinarians. Read More Want to see what other hedge funds are holding BFLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Butterfly Network, Inc.
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