Natera, Inc. (NASDAQ:NTRA) CEO Steven Leonard Chapman Sells 2,578 Shares of Stock

Natera, Inc. (NASDAQ:NTRAGet Free Report) CEO Steven Leonard Chapman sold 2,578 shares of the firm’s stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of $47.83, for a total transaction of $123,305.74. Following the completion of the transaction, the chief executive officer now directly owns 217,566 shares in the company, valued at $10,406,181.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Steven Leonard Chapman also recently made the following trade(s):

  • On Wednesday, June 28th, Steven Leonard Chapman sold 2,605 shares of Natera stock. The shares were sold at an average price of $50.88, for a total transaction of $132,542.40.

Natera Stock Performance

Shares of NTRA stock opened at $46.79 on Tuesday. The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of -8.75 and a beta of 1.22. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.74 and a current ratio of 3.88. The company has a 50-day simple moving average of $49.53 and a 200 day simple moving average of $49.59. Natera, Inc. has a 52 week low of $34.00 and a 52 week high of $59.75.

Natera (NASDAQ:NTRAGet Free Report) last posted its quarterly earnings data on Tuesday, May 9th. The medical research company reported ($1.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.18) by ($0.05). The business had revenue of $241.76 million during the quarter, compared to the consensus estimate of $227.43 million. Natera had a negative net margin of 62.93% and a negative return on equity of 101.02%. The business’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($1.45) EPS. On average, sell-side analysts predict that Natera, Inc. will post -4.06 earnings per share for the current year.

Institutional Trading of Natera

Institutional investors have recently bought and sold shares of the business. Machina Capital S.A.S. bought a new stake in Natera in the 1st quarter valued at about $28,000. Harbor Capital Advisors Inc. bought a new stake in shares of Natera during the 2nd quarter worth approximately $30,000. Belpointe Asset Management LLC bought a new stake in shares of Natera during the 4th quarter worth approximately $28,000. OLD Mission Capital LLC bought a new stake in shares of Natera during the 4th quarter worth approximately $36,000. Finally, Quent Capital LLC lifted its holdings in shares of Natera by 1,234.6% during the 2nd quarter. Quent Capital LLC now owns 1,081 shares of the medical research company’s stock worth $53,000 after acquiring an additional 1,000 shares during the period. Institutional investors own 92.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on NTRA shares. UBS Group started coverage on shares of Natera in a research report on Friday, May 5th. They set a “buy” rating and a $76.00 price target on the stock. The Goldman Sachs Group cut their price objective on shares of Natera from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday. Credit Suisse Group boosted their price objective on shares of Natera from $65.00 to $70.00 in a research report on Wednesday, May 10th. StockNews.com assumed coverage on shares of Natera in a research report on Thursday, May 18th. They issued a “sell” rating on the stock. Finally, Piper Sandler cut their price objective on shares of Natera from $80.00 to $70.00 in a research report on Tuesday, May 30th. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $72.40.

About Natera

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Natera, Inc, a diagnostics company, develops and commercializes molecular testing services worldwide. Its products include Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus, as well as in twin pregnancies; Horizon carrier screening test for individuals and couples determine if they are carriers of genetic variations that cause certain genetic conditions; Vistara single-gene NIPT screens for 25 single-gene disorders that cause severe skeletal, cardiac, and neurological conditions; Spectrum, preimplantation genetic tests for couples undergoing IVF; Anora that analyzes miscarriage tissue from women; Empower, a hereditary cancer screening test; and non-invasive prenatal paternity product, which allows a couple to establish paternity without waiting for the child to be born.

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