BFLY CEO DeVivo sells 482.1K shares at $3.71; stock now -26.3% from high, company unprofitable with $-34.0M net income
CEO Joseph DeVivo sold 482,149 shares at $3.71 on 2026-03-05, reducing his position from 8.51M to 8.03M shares (-5.7%). The sale occurs with BFLY trading 26.3% below its 52-week high of $4.95, while the company remains unprofitable with a $-34.0M net income against quarterly revenue of $21.5M. His prior trade at BFLY (2025-04-25 sale) generated a -14.7% 90-day return, consistent with a pattern of well-timed exits at this ticker (2 of 3 prior BFLY trades shown positive 90-day outcomes for their respective directions). The current sale combines a modestly sized equity reduction against a backdrop of deteriorating valuation and persistent losses, warranting assessment of whether this reflects operational headwinds or strategic position management.