According to Nisa Investment Advisors LLC’s most recent 13F filing with the Securities and Exchange Commission, the company’s holdings in Butterfly Network, INC (NYSE: BFLY) were reduced by 41.8% during the third quarter.
This information is derived from the SEC filing recent 13F filing with the Securities and Exchange Commission; the company’s holdings in Butterfly Network, INC (NYSE: BFLY) were reduced by 41.8% during the third quarter.
This information is derived from the SEC filing.
The institutional investor kept 55,517 shares of the company’s stock after selling 39,922 shares during the period above. Nisa Investment Advisors LLC gave Butterfly Network a value of $263,000 in the most recent report that the company submitted to the Securities and Exchange Commission (SEC).
Various hedge funds have recently conducted trading in the company’s stock, buying and selling individual shares.
Madison Asset Management LLC increased its ownership portfolio during the second quarter by purchasing additional shares of Butterfly Network, bringing the total value of the company’s stake to approximately $31,000. Kestra Private Wealth Services LLC increased its shareholding in Butterfly Network during the second quarter, bringing the total investment the company has made to approximately $31,000 at the end of this period.
TownSquare Capital LLC made additional investments in Butterfly Network during the second quarter, bringing the total amount of money the company has invested to about $32,000.
In the second quarter, Creative Planning put an additional approximately $33,000 into Butterfly Network to bolster the value of the investment it had previously made.
And finally, throughout the second quarter, Cambridge Investment Research Advisors, INC made a capital investment in the shares of Butterfly Network for $43,000.
The combined ownership of institutional investors and hedge funds amounts to 49.54 percent of the company’s total shares.
According to reports from other news outlets, on Monday, December 19, a company insider named Darius Shahida sold 26,885 shares of the company’s stock. With a total investment of $63,448 for $2.36 per share, There were 60 stock transactions. Following the completion of the transaction, the company insider now possesses 629,908 shares of the company, each of which has a value of $1,486,582.88.
This page contains the filing containing the information about the transaction provided to the Securities and Exchange Commission (SEC). You can access the filing by clicking here.
At this point, company insiders have a total of 28.36% of the company’s shares of stock.
The coverage of the Butterfly Network was initially presented for the first time in a research paper written by Oppenheimer on November 28, which was the following Monday.
They decided to give the stock an “outperform” rating and concluded that a price target of $4.50 was appropriate.
The NYSE stock ticker: BFLY opened trading on Thursday at $2.80 per share.
The price of the stock’s moving average over the past 50 days comes in at $2.62, and the price of the stock’s moving average over the past 200 days comes in at $4.25.
The company has a price-to-earnings ratio of -3.73 and a beta value of 1.80, and its market value is $561.60 million.
Butterfly Network, INC hit a low point over the past 52 weeks of $2.17, while the company reached a high point over the past 52 weeks of $8.72.
In both the domestic and international markets, ultrasound imaging products are being developed, manufactured, and marketed by a business named Butterfly Network, INC The Butterfly Blueprint is an ultrasound platform for the entire healthcare system that incorporates the Compass software and integrates it into the clinical and administrative architecture of a healthcare organization.
This platform is also known as the “Butterfly Blueprint.” The Butterfly iQ is a hand-held ultrasound system that only requires a single probe to comprehensively examine the patient.
The Butterfly iQ+ is a portable piece of ultrasound imaging equipment that can connect to various electronic devices, including a smartphone, a tablet, and the computer network of a medical facility.
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