Butterfly Network Company Insiders

BFLY Stock  USD 3.95  -0.32  -7.49%   
Butterfly Network's insiders are aggressively selling. The analysis of insiders' sentiment of trading Butterfly Network stock suggests that virtually all insiders are panicking at this time. Butterfly Network employs about 220 people. The company is managed by 34 executives with a total tenure of roughly 107 years, averaging almost 3.0 years of service per executive, having 6.47 employees per reported executive.
Insider Sentiment
Mostly Selling
 
Selling
 
Buying

Latest Trades

2026-01-08Jonathan M RothbergDisposed 335834 @ 4.18View
2026-01-07Jonathan M RothbergDisposed 452729 @ 4.14View
2026-01-06Jonathan M RothbergDisposed 351617 @ 4.03View
2026-01-05Victor KuDisposed 35968 @ 3.82View
2025-12-26Jonathan M RothbergDisposed 14911 @ 4.01View
2025-12-24Jonathan M RothbergDisposed 2673 @ 4View
2025-12-23Jonathan M RothbergDisposed 44781 @ 4.01View
2025-12-16Jonathan M RothbergDisposed 284986 @ 3.14View
2025-12-15Jonathan M RothbergDisposed 601308 @ 3.16View
2025-12-12Jonathan M RothbergDisposed 193293 @ 3.08View
2025-12-11Jonathan M RothbergDisposed 123354 @ 3.08View
2025-12-10Jonathan M RothbergDisposed 288918 @ 3.13View
2025-12-09Jonathan M RothbergDisposed 176070 @ 3.11View
2025-12-08Jonathan M RothbergDisposed 769327 @ 3.27View
2025-12-05Jonathan M RothbergDisposed 37598 @ 3.07View
2025-12-04Jonathan M RothbergDisposed 64198 @ 3.08View
2025-12-02Nicholas CaezzaDisposed 1686 @ 2.83View
Monitoring insider sentiment in Butterfly Network can give investors another window into how people closest to the business may be assessing current prospects. Used properly, insider trading analysis complements fundamental analysis and technical analysis rather than replacing either one.

Butterfly Network's Workforce Through the Years

Historical employee data for Butterfly Network can give investors another way to assess whether the business is scaling, restructuring, or stabilizing across different operating conditions. The working assumption is a workforce near about 260 employees by April 2026, though investors should still compare that path with broader business results.
Macro event markers
 
Covid
 
Interest Hikes

Management Team Effectiveness

The company has return on total asset (ROA) of -13.17 % which indicates that every $100 deployed in assets resulted in a loss of $13.17. This is significantly below industry benchmarks. Similarly, it shows a return on stockholder's equity (ROE) of -42.25 %, meaning that it produced losses on money invested by shareholders.
As of earlier this week, Common Stock Shares Outstanding is anticipated to decline to approximately 145.1 M. In addition to that, Net Loss is anticipated to decline to approximately -159.4 M.

Stock Institutional Investors

Institutions hold about 48.52% of shares while insiders own roughly 13.02%. Annual revenue is about 97.61 Million. How the institutional base reacts to earnings changes can move Butterfly Network in the short term. The business currently sits in the Health Care sector and the Health Care Equipment & Services industry. Short interest and volume patterns add useful context given the ownership split.
Shares
Ubs Group Ag2025-09-30
2.2 M
Morgan Stanley - Brokerage Accounts2025-09-30
1.9 M
Dimensional Fund Advisors, Inc.2025-12-31
1.8 M
Charles Schwab Investment Management Inc2025-12-31
1.8 M
Northern Trust Corp2025-09-30
1.5 M
Sei Investments Co2025-09-30
1.1 M
Perkins Capital Management Inc2025-12-31
923.8 K
Jane Street Group Llc2025-12-31
867.6 K
Dnb Nor Asset Management (asia)2025-12-31
780.3 K
Glenview Capital Management Llc2025-12-31
14.3 M
Blackrock Inc2025-09-30
13.8 M
At 1.09 Billion, Butterfly Network sits in smaller-cap territory where institutional context matters most alongside valuation and volatility readings. Whether Butterfly Network institutional base is index-driven or conviction-based changes how to read it - at this size active managers often hold meaningful weight.

Insider Trading Activities

Insider activity around Butterfly Network matters because officers and directors often act on business changes before the market catches up. The goal is to tell routine pay-related sales apart from trades that reflect genuine conviction.

Outstanding Bonds

Corporate bonds issued by Butterfly Network matter because they shape interest expense, maturity risk, and the flexibility management has during tighter credit conditions. This is why bond analysis is not just a credit exercise; it also informs equity holders about solvency, optionality, and future capital-allocation pressure.
About 30% of Butterfly Network outstanding shares are owned by institutional holders. Institutional investors - such as mutual funds, pension funds, and asset managers - typically hold positions as part of a broader portfolio strategy, managing assets on behalf of clients. As a result, institutional investors are subject to reporting requirements and oversight rules - such as 13F filings - that differ from those for individual retail investors. Changes in institutional ownership of Butterfly Network can sometimes signal a shift in professional sentiment toward the company. The 49% institutional stake in Butterfly Network compares to 13% held by insiders and 38% by retail investors.
 
Shares in Circulation  
 First Issued
2019-12-31
 Previous Quarter
252.1 M
 Current Value
252.8 M
 Average Shares Outstanding
166.8 M
 Quarterly Volatility
86.3 M
Macro event markers
 
Covid
 
Interest Hikes

Holders Distribution

Institutional ownership analysis for Butterfly Network matters because banks, hedge funds, pension plans, and other professional investors can influence price and liquidity more forcefully than smaller holders. The opportunity for retail investors is not to imitate blindly, but to understand how large-holder positioning may affect liquidity, volatility, and timing.

Market Cap and Value

Workforce Comparison

Butterfly Network is rated below average in number of employees among leading competitors. The total workforce of Health Care industry is currently estimated at about 12,080. Butterfly Network claims roughly 220 in number of employees contributing just under 2% to equities under Health Care sector.
The company has Profit Margin (PM) of -79.0 %, which may suggest that the company is unable to adequately control operational costs. This is significantly below industry benchmarks. Similarly, it shows Operating Margin (OM) of -36.0 %, which implies that for every $100 of revenue, the company loses $36.0 at the operating level.

Insider Trading History

The buy-sell ratio in Butterfly Network's insider history separates pay-related activity from trades based on conviction. Pattern analysis matters more than any single trade. The full record tells the real story.
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2026-03-01
0.5455
6
11
2,662,097
2,228,481
2025-12-01
0.4167
10
24
5,860,042
4,530,588
2025-09-01
1.0
4
4
897,930
161,235
2025-06-01
2.0
6
3
482,604
387,476
2025-03-01
0.8
4
5
2,522,237
919,314
2024-09-01
1.4
7
5
4,025,643
1,027,537
2024-06-01
1.5
6
4
947,364
76,743
2024-03-01
0.8333
5
6
4,953,684
275,111
2023-09-01
0.3333
2
6
210,000
155,526
2023-06-01
2.5
10
4
4,526,312
131,855
2023-03-01
1.2
6
5
2,201,000
48,718
2022-06-01
11.0
11
1
1,719,420
16,069
2022-03-01
1.6
16
10
8,683,239
3,892,748
2021-09-01
3.1667
19
6
979,000
292,516
2021-06-01
1.2
6
5
451,255
440,626
2021-03-01
11.0
44
4
66,385,116
38,395,307
2010-03-01
1.5
3
2
226,445
937.00
2009-12-01
1.1667
7
6
2,901,606
101,103
2009-03-01
1.0
2
2
1,083
441.00
2008-12-01
0.5
1
2
10,000
13,235
2008-03-01
3.25
13
4
3,648,323
275,278
2007-03-01
1.125
9
8
93,583
81,797
2006-06-01
2.0
12
6
44,729,960
449,149
2006-03-01
3.0
6
2
92,500
57,500
2005-06-01
1.0
3
3
5,905
4,558

Notable Stakeholders

A Butterfly Network stakeholder is any individual or group with an interest in the outcome of the business, which is why stakeholder analysis can reveal who may influence strategy and oversight. Used properly, stakeholder review helps investors stay aware of the people and incentives that may be shaping key decisions behind the scenes.
Todd FruchtermanPresident, Chief Executive Officer, DirectorProfile
Joseph DeVivoPresident CEOProfile
Mark FullenwiderPresident LLCProfile
Stephanie FieldingChief Financial OfficerProfile
John DohertyExecutive CFOProfile
David PerriChief Operating OfficerProfile
Andrei StoicaChief Technology OfficerProfile
Nick CaezzaVP CounselProfile
David RamseyChief OfficerProfile
John HammergrenIndependent DirectorProfile
Dawn CarforaIndependent DirectorProfile
Stacey PughChief Commercial OfficerProfile
Victor KuSenior OfficerProfile
John MartinChief Medical OfficerProfile
Tamara DillonChief OfficerProfile
Darius ShahidaChief Strategy Officer and Chief Business Development OfficerProfile
Mercedes KelemenVice ResourcesProfile
Timothy TroddenChief Human Resource Officer, Senior Vice PresidentProfile
Gioel MolinariExecutive Vice President and Chief Product OfficerProfile
Jonathan RothbergChairman of the BoardProfile
Jason HeimSenior SalesProfile
John SotoSenior SalesProfile
Larry WeissChief SecProfile
Elazer EdelmanIndependent DirectorProfile
Troy QuanderSenior Vice President Regulatory and QualityProfile
FACS MBAChief OfficerProfile
Larry RobbinsIndependent DirectorProfile
S PhanstielIndependent DirectorProfile
Erica SchwartzIndependent DirectorProfile
Megan CarlsonChief AccountingProfile
Steven CashmanExecutive OfficerProfile
MaryAlice MillerGeneral Counsel and Corporate SecretaryProfile
Kate DriscollQuality ComplianceProfile
Gianluca PettitiIndependent DirectorProfile

Management Information & Data Sources

Butterfly Network is a small-cap company in Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care. Executive review focuses on insiders, senior management, and employee signals. Executive background, tenure, and turnover can influence how investors interpret strategic shifts. CEO is Todd Fruchterman with 220 employees and 34 reported executives.

Unless otherwise specified, data for Butterfly Network is compiled from periodic company reporting and market reference feeds and standardized for comparability. Analyst projections are included when active coverage applies. Updates may occur throughout the day. Insider and management fields are mapped from published filings and company disclosures.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on March 10th, 2026

Workforce Efficiency and Productivity

Manpower analysis for Butterfly Network matters because revenue per employee and profit per employee can reveal shifts in productivity and operating discipline. The business is commonly classified in the Healthcare sector and the Medical Devices industry.

Butterfly Network Manpower Efficiency

Return on Butterfly Network Manpower

Revenue Per Employee443.7K
Revenue Per Executive2.9M
Net Loss Per Employee350.3K
Net Loss Per Executive2.3M
Working Capital Per Employee836.3K
Working Capital Per Executive5.4M

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