American Century Companies Inc. Has $334,000 Holdings in Butterfly Network, Inc. (NYSE:BFLY)

American Century Companies Inc. increased its position in shares of Butterfly Network, Inc. (NYSE:BFLY) by 582.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 107,011 shares of the company’s stock after buying an additional 91,337 shares during the period. American Century Companies Inc. owned 0.05% of Butterfly Network worth $334,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in shares of Butterfly Network by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,721,723 shares of the company’s stock worth $3,049,000 after purchasing an additional 65,425 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Butterfly Network during the fourth quarter worth approximately $3,154,000. Charles Schwab Investment Management Inc. raised its stake in Butterfly Network by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 955,331 shares of the company’s stock valued at $1,691,000 after buying an additional 35,800 shares during the period. Oppenheimer & Co. Inc. raised its stake in Butterfly Network by 14.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 295,126 shares of the company’s stock valued at $921,000 after buying an additional 36,206 shares during the period. Finally, AMH Equity Ltd acquired a new stake in shares of Butterfly Network in the fourth quarter valued at approximately $624,000. Institutional investors and hedge funds own 37.85% of the company’s stock.

Analyst Ratings Changes

Separately, William Blair initiated coverage on Butterfly Network in a research note on Monday, March 17th. They issued an “outperform” rating on the stock.

Butterfly Network Stock Performance

NYSE BFLY opened at $2.45 on Monday. The stock has a market cap of $593.95 million, a PE ratio of -5.32 and a beta of 2.60. The firm has a 50-day moving average of $3.17 and a 200-day moving average of $3.01. Butterfly Network, Inc. has a 52-week low of $0.67 and a 52-week high of $4.98.

About Butterfly Network

Butterfly Network, Inc develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging in a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; and Butterfly iQ+ Vet, a handheld ultrasound system designed for veterinarians.