Jonathan Sheena Sells 11,670 Shares of Natera, Inc. (NASDAQ:NTRA) Stock

Last updated on Monday, June 21, 2021 | 2021 MarketBeat

Natera, Inc. (NASDAQ:NTRA) insider Jonathan Sheena sold 11,670 shares of the company's stock in a transaction on Wednesday, June 16th. The stock was sold at an average price of $101.12, for a total transaction of $1,180,070.40. Following the transaction, the insider now owns 462,465 shares in the company, valued at approximately $46,764,460.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jonathan Sheena also recently made the following trade(s):

  • On Thursday, June 10th, Jonathan Sheena sold 1,034 shares of Natera stock. The stock was sold at an average price of $102.60, for a total transaction of $106,088.40.
  • On Tuesday, April 13th, Jonathan Sheena sold 3,213 shares of Natera stock. The stock was sold at an average price of $104.21, for a total transaction of $334,826.73.
  • On Monday, March 29th, Jonathan Sheena sold 586 shares of Natera stock. The stock was sold at an average price of $83.95, for a total transaction of $49,194.70.

NASDAQ:NTRA traded up $6.42 during mid-day trading on Monday, hitting $109.30. 1,260,154 shares of the stock traded hands, compared to its average volume of 905,082. The firm's 50-day moving average is $99.97. The company has a debt-to-equity ratio of 0.75, a quick ratio of 4.60 and a current ratio of 4.74. The company has a market cap of $9.61 billion, a P/E ratio of -35.26 and a beta of 1.32. Natera, Inc. has a 12-month low of $43.20 and a 12-month high of $127.19.

Natera (NASDAQ:NTRA) last released its quarterly earnings results on Thursday, May 6th. The medical research company reported ($0.74) EPS for the quarter, beating analysts' consensus estimates of ($1.05) by $0.31. Natera had a negative net margin of 57.47% and a negative return on equity of 59.71%. The firm had revenue of $152.32 million during the quarter, compared to analyst estimates of $114.42 million. During the same period in the previous year, the business earned ($0.45) EPS. The business's revenue for the quarter was up 62.0% on a year-over-year basis. As a group, sell-side analysts predict that Natera, Inc. will post -3.93 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of NTRA. Rockefeller Capital Management L.P. bought a new stake in Natera during the first quarter valued at approximately $28,000. Tobam purchased a new position in Natera in the first quarter worth $38,000. Harvest Fund Management Co. Ltd purchased a new position in Natera in the fourth quarter worth $39,000. Benjamin F. Edwards & Company Inc. bought a new position in Natera in the first quarter valued at $49,000. Finally, AlphaMark Advisors LLC purchased a new stake in Natera during the first quarter valued at about $51,000. 96.09% of the stock is owned by institutional investors.

NTRA has been the topic of several research reports. Morgan Stanley lowered their price objective on shares of Natera from $140.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, May 10th. Truist Securities lowered their target price on shares of Natera from $143.00 to $129.00 and set a "buy" rating for the company in a report on Tuesday, May 25th. Zacks Investment Research upgraded shares of Natera from a "sell" rating to a "hold" rating in a report on Thursday, April 29th. Raymond James started coverage on shares of Natera in a report on Tuesday, June 15th. They issued a "market perform" rating for the company. Finally, Piper Sandler increased their price target on shares of Natera from $127.00 to $150.00 and gave the company an "overweight" rating in a research report on Friday, February 26th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of "Buy" and a consensus price target of $125.91.

About Natera

Natera, Inc, a diagnostics company, develops and commercializes molecular testing services worldwide. It offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, as well as twin pregnancies for zygosity; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases; and Spectrum to analyze chromosomal anomalies or inherited genetic conditions during an in vitro fertilization cycle.

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Insider Buying and Selling by Quarter for Natera (NASDAQ:NTRA)

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