BFLYNYSEX-Ray Apparatus & Tubes & Related Irradiation ApparatusFiscal year ends December 31
Butterfly Network, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$7.47+0.22 (+3.03%)
Close on Oct 19, 2026
- Market cap
- $1.96B
- P/E (TTM)
- –
- Dividend yield
- 0.00%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
59.5%
158M of 266M shares
Institutional holders
245
47 new, 36 sold out
Net institutional buying
19M
In Q2 2026
Insider trades, 12 months
9 buys · 77 sales
Net sold $112.70M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| FMR LLC | 28,952,297 | 11.80% | 13G (passive) | Jul 31, 2026 |
| Rothberg Jonathan M. | 21,426,937 | 100.00% | 13D (active) amendment | Aug 14, 2026 |
| BlackRock, Inc. | 18,274,786 | 7.80% | 13G (passive) amendment | Jun 30, 2026 |
| Robbins Larry | 15,120,314 | 6.17% | 13D (active) amendment | Aug 13, 2026 |
| Hood River Capital Management LLC | 13,190,130 | 5.61% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BFLY | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 18,821,463 | 7.07% | $158.48M | +2,859,983 | 0.00% |
| Glenview Capital Management, LLC | 14,335,055 | 5.38% | $120.70M | – | 2.20% |
| Hood River Capital Management LLC | 13,190,130 | 4.95% | $111.06M | +4,569,282 | 0.81% |
| Fosun International Ltd | 10,234,923 | 3.84% | $86.18M | −481,707 | 19.31% |
| Vanguard Capital Management LLC | 8,559,346 | 3.21% | $72.07M | +367,227 | 0.00% |
| D. E. Shaw & Co., Inc. | 6,392,827 | 2.40% | $53.83M | +5,272,536 | 0.03% |
| State Street Corp | 5,762,672 | 2.16% | $48.52M | +223,012 | 0.00% |
| Geode Capital Management, LLC | 5,345,672 | 2.01% | $45.02M | +536,568 | 0.00% |
| ARK Investment Management LLC | 5,085,456 | 1.91% | $42.82M | −142,047 | 0.28% |
| Nuveen, LLC | 5,056,372 | 1.90% | $42.57M | +1,306,436 | 0.01% |
| FMR LLC | 4,910,388 | 1.84% | $41.35M | +4,470,379 | 0.00% |
| AWM Investment Company, Inc. | 4,430,593 | 1.66% | $37.31M | – | 3.24% |
| Sei Investments Co | 2,937,872 | 1.10% | $24.74M | +638,978 | 0.02% |
| Goldman Sachs Group Inc | 2,761,860 | 1.04% | $23.25M | +1,909,694 | 0.00% |
| First Light Asset Management, LLC | 2,642,404 | 0.99% | $22.25M | −17,763 | 1.35% |
| Deutsche Bank AG\ | 2,580,435 | 0.97% | $21.73M | +316,926 | 0.01% |
| Vanguard Portfolio Management LLC | 2,382,239 | 0.89% | $20.06M | +545,358 | 0.00% |
| Millennium Management LLC | 2,154,551 | 0.81% | $18.14M | −1,334,254 | 0.01% |
| Bank Of America Corp /De/ | 2,138,268 | 0.80% | $18.00M | −2,026,954 | 0.00% |
| Dimensional Fund Advisors LP | 1,946,435 | 0.73% | $16.40M | −411,746 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 245 | 158M | 59.5% | 47 / 98 | 58 / 36 | 34M | 15M |
| Q1 2026 | 239 | 139M | 52.2% | 59 / 75 | 55 / 20 | 37M | 6M |
| Q4 2025 | 204 | 119M | 44.7% | 48 / 71 | 43 / 17 | 28M | 7M |
| Q3 2025 | 176 | 98M | 36.9% | 34 / 53 | 46 / 45 | 10M | 29M |
| Q2 2025 | 189 | 118M | 44.2% | 33 / 75 | 39 / 50 | 29M | 13M |
| Q1 2025 | 206 | 102M | 38.4% | 59 / 68 | 38 / 25 | 35M | 5M |
| Q4 2024 | 174 | 73M | 27.4% | 52 / 43 | 35 / 23 | 22M | 8M |
| Q3 2024 | 150 | 60M | 22.7% | 25 / 30 | 44 / 40 | 10M | 13M |
| Q2 2024 | 168 | 65M | 24.5% | 29 / 36 | 55 / 31 | 8M | 20M |
| Q1 2024 | 171 | 77M | 28.9% | 27 / 31 | 68 / 26 | 5M | 7M |
| Q4 2023 | 170 | 80M | 29.9% | 26 / 48 | 50 / 41 | 6M | 8M |
| Q3 2023 | 186 | 82M | 30.7% | 25 / 51 | 43 / 23 | 5M | 10M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BFLY | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 5,909,307 | 2.22% | $49.76M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 5,403,922 | 2.03% | $45.50M | 0.05% | Jun 30, 2026 |
| ARK Genomic Revolution ETF | 4,770,809 | 1.79% | $33.92M | 2.18% | Jul 31, 2026 |
| Hood River New Opportunities Fund | 4,266,210 | 1.60% | $35.92M | 2.84% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 2,457,583 | 0.92% | $20.69M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 2,302,652 | 0.86% | $16.37M | 0.05% | Jul 31, 2026 |
| Nuveen Quant Small Cap Equity Fund | 2,027,730 | 0.76% | $14.42M | 0.36% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 1,943,403 | 0.73% | $16.36M | 0.11% | Jun 30, 2026 |
| DWS Small Cap Core Fund | 1,900,000 | 0.71% | $16.00M | 1.38% | Jun 30, 2026 |
| Fidelity Small Cap Growth Fund | 1,812,470 | 0.68% | $12.89M | 0.15% | Jul 31, 2026 |
| Fidelity Enhanced Small Cap Core ETF | 1,562,912 | 0.59% | $13.16M | 0.23% | Jun 30, 2026 |
| Calamos Timpani Small Cap Growth Fund | 1,359,788 | 0.51% | $9.67M | 1.26% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 1,066,766 | 0.40% | $4.85M | 0.01% | May 31, 2026 |
| College Retirement Equities Fund - Total Global Stock Account | 1,016,840 | 0.38% | $8.56M | 0.01% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 1,007,500 | 0.38% | $4.58M | 0.03% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Joseph Devivo | President & CEO, Director | 7,347,720 | 2.76% | Sep 24, 2026 |
| Steve Cashman | Chief Business Officer | 1,490,295 | 0.56% | Sep 9, 2026 |
| Megan Carlson | CAO and SVP, Finance | 412,085 | 0.15% | Sep 9, 2026 |
| Nicholas Caezza | Deputy General Counsel | 305,166 | 0.11% | Sep 4, 2026 |
| John N. Doherty | EVP, CFO | 1,397,276 | 0.52% | Jul 21, 2026 |
| Victor Ku | Chief Technology Officer | 1,015,099 | 0.38% | Jul 21, 2026 |
| Heather C. Getz | EVP, CFO & COO | 2,919,274 | 1.10% | May 7, 2025 |
| Andrei G. Stoica | Chief Technology Officer | 1,600,182 | 0.60% | Apr 3, 2025 |
| Larry Robbins | Director | 3,355,139 | 1.26% | Aug 17, 2026 |
| S. Louise Phanstiel | Director | 691,413 | 0.26% | Aug 17, 2026 |
| Jonathan M. Rothberg | Director | 22,259,514 | 8.36% | Jul 24, 2026 |
| Elazer R. Edelman | Director | 392,893 | 0.15% | Jun 22, 2026 |
| Erica Schwartz | Director | 401,699 | 0.15% | Jun 22, 2026 |
| Caroll H. Neubauer | Director | 98,617 | 0.04% | Jun 22, 2026 |
| Dawn Carfora | Director | 265,505 | 0.10% | Nov 5, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Joseph Devivo President & CEO, Director | Sep 23, 2026 | Sale(10b5-1 plan) | −3,169 | $10.02 | $31.75K | 7,347,720 |
| Joseph Devivo President & CEO, Director | Sep 22, 2026 | Sale(10b5-1 plan) | −2,811 | $10.00 | $28.11K | 7,350,889 |
| Steve Cashman Chief Business Officer | Sep 4, 2026 | Sale | −140,112 | $7.30 | $1.02M | 1,490,295 |
| Megan Carlson CAO and SVP, Finance | Sep 4, 2026 | Sale | −13,804 | $7.30 | $100.77K | 412,085 |
| Nicholas Caezza Deputy General Counsel | Sep 2, 2026 | Sale | −1,709 | $8.15 | $13.93K | 305,166 |
| Joseph Devivo President & CEO, Director | Aug 24, 2026 | Gift | −250,000 | – | – | 7,353,700 |
| Larry Robbins Director | Aug 17, 2026 | Sale | −582,500 | $8.97 | $5.23M | 2,964,187 |
| S. Louise Phanstiel Director | Aug 14, 2026 | Buy | +115,200 | $8.68 | $999.94K | 300,461 |
| Larry Robbins Director | Aug 14, 2026 | Sale | −824,700 | $8.70 | $7.17M | 3,546,687 |
| Larry Robbins Director | Aug 13, 2026 | Sale | −215,233 | $9.54 | $2.05M | 12,243,530 |
| Larry Robbins Director | Aug 13, 2026 | Sale | −500,000 | $9.24 | $4.62M | 11,743,530 |
| Larry Robbins Director | Aug 13, 2026 | Sale | −175,300 | $8.86 | $1.55M | 4,371,387 |
| Nicholas Caezza Deputy General Counsel | Aug 11, 2026 | Sale | −10,000 | $9.75 | $97.50K | 300,307 |
| Joseph Devivo President & CEO, Director | Aug 10, 2026 | Sale(10b5-1 plan) | −68,346 | $10.01 | $684.14K | 7,603,700 |
| Larry Robbins Director | Aug 3, 2026 | Sale | −156,163 | $8.10 | $1.26M | 12,458,763 |
| Megan Carlson CAO and SVP, Finance | Jul 31, 2026 | Sale | −68,852 | $7.86 | $541.18K | 425,889 |
| Larry Robbins Director | Jul 31, 2026 | Sale | −1,720,129 | $7.39 | $12.71M | 12,614,926 |
| Jonathan M. Rothberg Director | Jul 22, 2026 | Sale(10b5-1 plan) | −54,143 | $6.47 | $350.31K | 0 |
| Jonathan M. Rothberg Director | Jul 22, 2026 | Sale(10b5-1 plan) | −72,724 | $6.47 | $470.52K | 0 |
| Jonathan M. Rothberg Director | Jul 22, 2026 | Sale(10b5-1 plan) | −496,680 | $6.47 | $3.21M | 0 |
| Jonathan M. Rothberg Director | Jul 22, 2026 | Sale(10b5-1 plan) | −36,366 | $6.47 | $235.29K | 0 |
| Jonathan M. Rothberg Director, 10% owner | Jul 21, 2026 | Sale(10b5-1 plan) | −753,320 | $6.74 | $5.08M | 496,680 |
| Jonathan M. Rothberg Director, 10% owner | Jul 20, 2026 | Sale(10b5-1 plan) | −1,177,276 | $6.61 | $7.78M | 72,724 |
| John N. Doherty EVP, CFO | Jul 20, 2026 | Sale | −57,136 | $6.56 | $374.81K | 1,397,276 |
| Joseph Devivo President & CEO, Director | Jul 20, 2026 | Sale | −211,798 | $6.56 | $1.39M | 7,672,046 |
| Victor Ku Chief Technology Officer | Jul 20, 2026 | Sale | −48,540 | $6.56 | $318.42K | 1,015,099 |
| Jonathan M. Rothberg Director, 10% owner | Jul 17, 2026 | Sale(10b5-1 plan) | −1,195,857 | $6.60 | $7.89M | 54,143 |
| Jonathan M. Rothberg Director, 10% owner | Jul 16, 2026 | Sale(10b5-1 plan) | −253,867 | $7.09 | $1.80M | 105,881 |
| Jonathan M. Rothberg Director, 10% owner | Jul 16, 2026 | Sale(10b5-1 plan) | −1,213,634 | $7.09 | $8.60M | 36,366 |
| Jonathan M. Rothberg Director, 10% owner | Jul 15, 2026 | Sale(10b5-1 plan) | −1,730,319 | $7.32 | $12.67M | 359,748 |
| Jonathan M. Rothberg Director, 10% owner | Jul 14, 2026 | Sale(10b5-1 plan) | −815,632 | $7.72 | $6.30M | 2,090,067 |
| John N. Doherty EVP, CFO | Jul 7, 2026 | Sale | −55,229 | $7.87 | $434.65K | 1,454,412 |
| Joseph Devivo President & CEO, Director | Jul 7, 2026 | Sale | −204,725 | $7.87 | $1.61M | 7,883,844 |
| Victor Ku Chief Technology Officer | Jul 7, 2026 | Sale | −35,649 | $7.87 | $280.56K | 1,063,639 |
| Megan Carlson CAO and SVP, Finance | Jul 2, 2026 | Sale | −41,303 | $7.96 | $328.77K | 465,906 |
| Larry Robbins Director | Jun 22, 2026 | Award | +25,447 | – | – | 390,952 |
| Erica Schwartz Director | Jun 22, 2026 | Award | +25,447 | – | – | 401,699 |
| Jonathan M. Rothberg Director, 10% owner | Jun 22, 2026 | Award | +25,447 | – | – | 2,905,699 |
| S. Louise Phanstiel Director | Jun 22, 2026 | Award | +25,447 | – | – | 390,952 |
| Elazer R. Edelman Director | Jun 22, 2026 | Award | +25,447 | – | – | 392,893 |
| Caroll H. Neubauer Director | Jun 22, 2026 | Award | +25,447 | – | – | 98,617 |
| Steve Cashman Chief Business Officer | Jun 8, 2026 | Sale | −294,680 | $4.66 | $1.37M | 1,630,407 |
| Steve Cashman Chief Business Officer | Jun 5, 2026 | Sale | −104,781 | $4.96 | $519.71K | 1,925,087 |
| Nicholas Caezza Deputy General Counsel | Jun 2, 2026 | Sale | −1,733 | $4.52 | $7.83K | 310,307 |
| Caroll H. Neubauer Director | May 19, 2026 | Award | +73,170 | – | – | 73,170 |
| Megan Carlson CAO and SVP, Finance | May 1, 2026 | Sale | −110,422 | $4.75 | $524.50K | 507,209 |
| Steve Cashman Chief Business Officer | Apr 29, 2026 | Sale | −147,518 | $4.91 | $724.31K | 2,029,868 |
| Steve Cashman Chief Business Officer | Apr 16, 2026 | Sale(10b5-1 plan) | −200,000 | $5.22 | $1.04M | 2,177,386 |
| Joseph Devivo President & CEO, Director | Mar 5, 2026 | Sale | −482,149 | $3.71 | $1.79M | 8,030,899 |
| Megan Carlson CAO and SVP, Finance | Mar 3, 2026 | Sale | −41,978 | $3.71 | $155.74K | 617,631 |
| Nicholas Caezza Deputy General Counsel | Mar 3, 2026 | Sale | −14,209 | $3.71 | $52.72K | 312,040 |
| Steve Cashman Chief Business Officer | Mar 3, 2026 | Sale | −42,540 | $3.71 | $157.82K | 2,377,386 |
| Joseph Devivo President & CEO, Director | Mar 3, 2026 | Sale | −161,275 | $3.71 | $598.33K | 8,513,048 |
| Megan Carlson CAO and SVP, Finance | Mar 2, 2026 | Award | +97,883 | – | – | 659,609 |
| Nicholas Caezza Deputy General Counsel | Mar 2, 2026 | Award | +89,359 | – | – | 326,249 |
| Steve Cashman Chief Business Officer | Mar 2, 2026 | Award | +488,042 | – | – | 2,419,926 |
| Victor Ku Chief Technology Officer | Mar 2, 2026 | Award | +287,326 | – | – | 1,099,288 |
| Joseph Devivo President & CEO, Director | Mar 2, 2026 | Award | +1,424,534 | – | – | 8,674,323 |
| John N. Doherty EVP, CFO | Mar 2, 2026 | Award | +274,953 | – | – | 1,509,641 |
| Steve Cashman Chief Business Officer | Feb 26, 2026 | Sale(10b5-1 plan) | −250,000 | $4.35 | $1.09M | 1,931,884 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Joseph Devivo Officer, Director | Oct 6, 2026 | 35,790 | $358.61K | Oct 6, 2026 | Restricted Stock Vesting |
| Megan Carlson Officer | Oct 2, 2026 | 10,114 | $88.45K | Oct 2, 2026 | Restricted Stock Vesting |
| Joseph Devivo Officer, Director | Sep 23, 2026 | 3,169 | $31.76K | Sep 23, 2026 | Restricted Stock Vesting |
| Erica Schwartz Former Director | Sep 23, 2026 | 323,020 | $3.23M | Sep 23, 2026 | Restricted Stock Vesting |
| Erica Schwartz Former Director | Sep 22, 2026 | 78,679 | $786.79K | Sep 22, 2026 | Restricted Stock Vesting |
| Joseph Devivo Officer, Director | Sep 22, 2026 | 2,811 | $28.11K | Sep 22, 2026 | Restricted Stock Vesting |
| Steve Cashman Officer | Sep 4, 2026 | 140,112 | $1.02M | Sep 4, 2026 | Restricted Stock Vesting |
| Megan Carlson Officer | Sep 4, 2026 | 13,804 | $100.79K | Sep 4, 2026 | Restricted Stock Vesting |
| Nicholas Caezza Officer | Sep 2, 2026 | 1,709 | $13.93K | Sep 2, 2026 | Restricted Stock Vesting |
| Nicholas Caezza Officer | Aug 11, 2026 | 10,000 | $97.50K | Aug 11, 2026 | Restricted Stock Vesting |
| Dawn Carfora Officer | Aug 10, 2026 | 8,770 | $85.51K | Aug 10, 2026 | Vesting of restricted stock unit awards |
| Joseph Devivo Officer, Director | Aug 10, 2026 | 68,346 | $684.08K | Aug 10, 2026 | Restricted Stock Vesting |
| Megan Carlson Officer | Jul 31, 2026 | 68,852 | $541.41K | Jul 31, 2026 | Stock Option Exercise |
| Larry Robbins Director | Jul 31, 2026 | 1,876,292 | $13.34M | Jul 31, 2026 | Private placement |
| Jonathan M. Rothberg Director | Jul 22, 2026 | 659,913 | $4.27M | Jul 22, 2026 | Private Placement |