Butterfly Network, Inc. (BFLY)

About Butterfly Network, Inc.

Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. The company offers Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging on a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; Butterfly Move, merging the mobility of a handheld with the stability of a full cart system; and iQ+ Bladder, a specialty product for bladder scanning market. It also provides Compass AI which offers one system to connect every device, workflow, and department; ScanLab, an AI-powered educational platform that provides written walkthroughs and reference imagery to guide real-time educational scanning; and Butterfly iQ+/iQ3 Vet, a third generation handheld ultrasound system. It sells and markets its products through a direct sales force, distributors, and e-commerce channels. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts.

BFLY passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Smart money ownership

12 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

• Larry Robbins, GLENVIEW CAPITAL MANAGEMENT, LLC$57.91M · 1.4% of book
• Cathie Wood, ARK Investment Management LLC$21.12M · 0.2% of book
• Israel Englander, MILLENNIUM MANAGEMENT LLC$14.09M · 0.0% of book
• Marshall Wace, MARSHALL WACE, LLP$9.23M · 0.0% of book
• D. E. Shaw, D. E. Shaw & Co., Inc.$4.53M · 0.0% of book

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Common questions