Shares of Natera Inc. (NASDAQ:NTRA) dropped 2.9% on Tuesday . The company traded as low as $10.60 and last traded at $10.73, with a volume of 93,947 shares changing hands. The stock had previously closed at $11.05.

NTRA has been the subject of a number of research reports. Cowen and Company reissued an “outperform” rating and issued a $17.00 price target on shares of Natera in a report on Friday, June 3rd. Benchmark Co. initiated coverage on shares of Natera in a report on Tuesday, April 19th. They issued a “buy” rating and a $14.00 price target for the company. Finally, Morgan Stanley reissued a “buy” rating on shares of Natera in a report on Thursday, May 12th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $17.14.

The firm’s market capitalization is $550.45 million. The company has a 50-day moving average price of $12.27 and a 200-day moving average price of $10.48.

Natera (NASDAQ:NTRA) last announced its quarterly earnings data on Thursday, August 4th. The company reported ($0.46) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.48) by $0.02. The business earned $52 million during the quarter, compared to the consensus estimate of $50.64 million. During the same period in the prior year, the firm earned ($0.40) EPS. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. On average, analysts anticipate that Natera Inc. will post ($1.73) earnings per share for the current fiscal year.

In related news, CTO Jonathan Sheena sold 188,442 shares of the business’s stock in a transaction on Sunday, June 19th. The shares were sold at an average price of $11.94, for a total transaction of $2,249,997.48. Following the transaction, the chief technology officer now directly owns 598,420 shares in the company, valued at $7,145,134.80. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew Rabinowitz sold 104,892 shares of the business’s stock in a transaction on Friday, July 1st. The stock was sold at an average price of $12.14, for a total transaction of $1,273,388.88. Following the transaction, the chief executive officer now owns 2,167,354 shares in the company, valued at $26,311,677.56. The disclosure for this sale can be found here.

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