Sustained selling by the CEO, CFO, and CTO alongside a major director indicates top-level bearishness. Monitor for further insider filings or a catalyst that could trigger a repricing.
Price Chart
Executive Summary
A cluster of open-market insider sales totaling ~$31.7M over 7 days, representing ~1.67% of market cap, with participation from the CEO, CFO, CTO, and a director/10% owner. The selling is concentrated and material, suggesting a lack of confidence at current valuation levels.
Key Financial Metrics
Key Facts
- Total insider sales of ~$31.7M (1.67% of $1.9B market cap) across 4 insiders over 7 days.
- Director/10% owner Jonathan Rothberg sold ~$29.4M in four open-market trades.
- President & CEO Joseph DeVivo sold ~$1.61M, EVP/CFO John Doherty sold ~$435K, CTO Victor Ku sold ~$281K.
- All sales were open-market; no cashless or derivative transactions included.
- This cluster continues a pattern of 8 sells totaling $32M in the prior 30 days.
Financial Impact
Insider sales of ~$31.7M represent 1.67% of market cap, a significant proportion.
Risk Factors
- Additional insider selling or stock overhang from more open-market sales.
- Potential negative news or earnings miss that the insider selling may foreshadow.
- Stock price correction given the scale of insider exits relative to market cap.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BFLY-1784250057570 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 3 | $7.25 $7.47 | ▲ +3.03% | ▲ +2.61% | $6.66 (−8.14%) |
Oct 6, 2026 20d ago | 144 | $8.70 $8.27 | ▼ −4.94% | ▼ −4.70% | $6.66 (−23.45%) |
Oct 5, 2026 21d ago | 8-K | $9.38 $8.70 | ▼ −7.25% | ▼ −7.80% | $6.66 (−29.00%) |
Sep 23, 2026 4w ago | 144 | $9.41 $9.39 | ▼ −0.21% | ▼ −0.76% | $6.66 (−29.22%) |
Sep 22, 2026 4w ago | 144 | $9.20 $9.41 | ▲ +2.28% | ▲ +2.36% | $6.66 (−27.61%) |
Sep 9, 2026 6w ago | Insider Cluster | $7.12 $7.33 | ▲ +2.95% | ▲ +2.10% | $6.66 (−6.46%) |
Aug 17, 2026 10w ago | Insider Cluster | $9.00 $9.17 | ▼ −1.89% | ▼ −1.68% | $6.66 (+26.00%) |
Aug 17, 2026 10w ago | Insider Cluster | $9.00 $9.17 | ▼ −1.89% | ▼ −1.68% | $6.66 (+26.00%) |
Aug 15, 2026 10w ago | Institutional Cluster | $9.02 $9.00 | ▼ −0.22% | ▲ +0.45% | $6.66 (−26.16%) |
Aug 12, 2026 10w ago | Insider Cluster | $8.86 $8.84 | ▼ −0.23% | ▼ −0.03% | $6.66 (−24.83%) |
US Market Status
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