Butterfly Community (NYSE:BFLY) Receives New Protection from Analysts at Oppenheimer

Oppenheimer began protection on shares of Butterfly Community (NYSE:BFLY – Get Ranking) in a report printed on Monday morning, The Fly stories. The brokerage issued an outperform ranking on the inventory.

Individually, B. Riley initiated protection on shares of Butterfly Community in a analysis report on Tuesday, October 4th. They issued a purchase ranking and a $9.50 worth goal for the corporate.

Butterfly Community Buying and selling Down 2.6 %

Butterfly Community inventory opened at $2.97 on Monday. The agency has a 50 day easy shifting common of $4.23 and a 200 day easy shifting common of $4.72. Butterfly Community has a 1-year low of $2.31 and a 1-year excessive of $8.72. The agency has a market capitalization of $595.68 million, a price-to-earnings ratio of -3.96 and a beta of 1.93.

Need Extra Nice Funding Concepts?

Butterfly Community (NYSE:BFLY – Get Ranking) final launched its quarterly earnings knowledge on Thursday, November third. The corporate reported earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.24) by ($0.03). Butterfly Community had a adverse internet margin of 204.70% and a adverse return on fairness of 37.78%. The corporate had income of $19.62 million for the quarter, in comparison with the consensus estimate of $21.40 million. On common, fairness analysis analysts forecast that Butterfly Community will submit -0.9 EPS for the present yr.

Insider Exercise at Butterfly Community

In different Butterfly Community information, insider Darius Shahida offered 20,139 shares of the agency’s inventory in a transaction dated Monday, September nineteenth. The inventory was offered at a median worth of $5.49, for a complete worth of $110,563.11. Following the sale, the insider now owns 656,793 shares of the corporate’s inventory, valued at roughly $3,605,793.57. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. During the last quarter, insiders offered 26,408 shares of firm inventory valued at $142,539. Firm insiders personal 28.36% of the corporate’s inventory.

Institutional Buying and selling of Butterfly Community

Hedge funds have lately made adjustments to their positions within the inventory. Vanguard Group Inc. boosted its stake in shares of Butterfly Community by 0.3% within the 1st quarter. Vanguard Group Inc. now owns 13,216,250 shares of the corporate’s inventory valued at $62,909,000 after buying an extra 36,657 shares within the final quarter. ARK Funding Administration LLC grew its stake in shares of Butterfly Community by 52.8% through the third quarter. ARK Funding Administration LLC now owns 10,840,899 shares of the corporate’s inventory valued at $50,952,000 after shopping for an extra 3,746,755 shares over the last quarter. BlackRock Inc. elevated its holdings in shares of Butterfly Community by 2.8% within the first quarter. BlackRock Inc. now owns 9,045,958 shares of the corporate’s inventory value $43,059,000 after shopping for an extra 244,298 shares through the interval. Glenview Capital Administration LLC lifted its stake in shares of Butterfly Community by 10.1% within the 1st quarter. Glenview Capital Administration LLC now owns 5,464,751 shares of the corporate’s inventory valued at $26,012,000 after buying an extra 500,000 shares over the last quarter. Lastly, State Road Corp boosted its holdings within the Butterfly Community by 5.3% through the 2nd quarter. State Road Corp now owns 4,727,302 shares of the corporate’s inventory valued at $14,513,000 after buying an extra 237,467 shares through the interval. 49.29% of the inventory is owned by institutional traders.

Butterfly Community Firm Profile

(Get Ranking)

Butterfly Community, Inc, a digital well being firm, develops, manufactures, and commercializes ultrasound imaging options in the US and internationally. It presents Butterfly iQ, a handheld and single-probe complete physique ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging gadget that connects with a smartphone, pill, and hospital laptop system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software program that integrates right into a healthcare system’s medical and administrative infrastructure.

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