Larry Robbins, an insider at Butterfly Network, Inc. (BFLY), sold 1,720,129 shares of the company's stock on July 31, 2026. The transaction, valued at approximately $12.71 million, occurred at an average price of $7.39 per share.
This sale by Robbins follows other recent insider transactions at Butterfly Network. On August 3, 2026, Robbins also sold 156,163 shares for $1.26 million. Additionally, Jonathan M. Rothberg engaged in several sales of BFLY stock throughout July 2026, totaling hundreds of thousands of shares.
Insider sales can be driven by various factors, including portfolio diversification, tax obligations, or pre-arranged trading plans, and do not necessarily reflect a negative outlook on the company's future performance.