Butterfly Network (NYSE:BFLY) CAO Megan Carlson Sells 13,804 Shares

Posted by Francis Steltz on Sep 10th, 2026

Butterfly Network, Inc. (NYSE:BFLY – Get Free Report) CAO Megan Carlson sold 13,804 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $7.30, for a total value of $100,769.20. Following the completion of the sale, the chief accounting officer directly owned 412,085 shares of the company’s stock, valued at approximately $3,008,220.50. This represents a 3.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Megan Carlson also recently made the following trade(s):

On Friday, July 31st, Megan Carlson sold 68,852 shares of Butterfly Network stock. The shares were sold at an average price of $7.86, for a total transaction of $541,176.72.
On Thursday, July 2nd, Megan Carlson sold 41,303 shares of Butterfly Network stock. The shares were sold at an average price of $7.96, for a total transaction of $328,771.88.

Butterfly Network Stock Down 0.5%

BFLY stock opened at $7.49 on Thursday. The stock has a market capitalization of $1.99 billion, a PE ratio of -25.81 and a beta of 2.08. Butterfly Network, Inc. has a 52 week low of $1.47 and a 52 week high of $10.05. The firm has a 50 day moving average of $8.01 and a 200 day moving average of $5.94.

Butterfly Network (NYSE:BFLY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. Butterfly Network had a negative net margin of 66.74% and a negative return on equity of 33.99%. The business had revenue of $32.61 million for the quarter, compared to analyst estimates of $29.16 million. On average, equities research analysts expect that Butterfly Network, Inc. will post -0.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Butterfly Network in a research report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $5.56.

Check Out Our Latest Stock Report on Butterfly Network

Hedge Funds Weigh In On Butterfly Network

A number of institutional investors have recently bought and sold shares of the business. KBC Group NV purchased a new stake in shares of Butterfly Network in the 1st quarter valued at $25,000. Ameriprise Financial Inc. purchased a new position in shares of Butterfly Network during the 3rd quarter valued at about $25,000. BNP Paribas Financial Markets lifted its holdings in shares of Butterfly Network by 707.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 16,258 shares of the company’s stock valued at $33,000 after buying an additional 14,244 shares during the period. ExodusPoint Capital Management LP purchased a new stake in Butterfly Network in the 4th quarter worth approximately $38,000. Finally, Sfmg LLC acquired a new stake in shares of Butterfly Network during the 4th quarter worth approximately $39,000. 37.85% of the stock is owned by hedge funds and other institutional investors.

About Butterfly Network

(Get Free Report)

Butterfly Network, Inc is a medical technology company focused on democratizing access to diagnostic imaging through its proprietary ultrasound-on-chip platform. The company’s flagship device, the Butterfly iQ, leverages semiconductor technology to deliver whole-body ultrasound imaging in a handheld form factor. This portable system connects to a compatible smart device, enabling point-of-care scanning across a variety of clinical settings.

Beyond its hardware offering, Butterfly Network provides a cloud-based software suite that supports image storage, analysis and remote collaboration.