Jonathan Sheena Sells 1,600 Shares of Natera Inc. (NTRA) Stock
Natera Inc. (NASDAQ:NTRA) insider Jonathan Sheena sold 1,600 shares of the firm’s stock in a transaction that occurred on Wednesday, October 5th. The stock was sold at an average price of $12.00, for a total transaction of $19,200.00. Following the sale, the insider now owns 617,151 shares in the company, valued at approximately $7,405,812. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Natera Inc. (NASDAQ:NTRA) opened at 11.46 on Friday. The stock’s market cap is $593.41 million. The stock has a 50 day moving average of $10.41 and a 200-day moving average of $11.10. Natera Inc. has a 52 week low of $6.52 and a 52 week high of $13.80.
Natera (NASDAQ:NTRA) last released its earnings results on Thursday, August 4th. The company reported ($0.46) EPS for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.02. Natera had a negative net margin of 34.23% and a negative return on equity of 39.38%. The business had revenue of $52 million for the quarter, compared to the consensus estimate of $50.64 million. During the same period in the previous year, the firm earned ($0.40) EPS. The business’s revenue for the quarter was up 15.3% on a year-over-year basis. Analysts forecast that Natera Inc. will post ($1.73) earnings per share for the current year.
Hedge funds have recently added to or reduced their stakes in the company. BlackRock Advisors LLC raised its stake in Natera by 136.9% in the second quarter. BlackRock Advisors LLC now owns 8,738 shares of the company’s stock worth $105,000 after buying an additional 5,050 shares in the last quarter. BlackRock Group LTD purchased a new stake in Natera during the second quarter worth about $127,000. Societe Generale purchased a new stake in Natera during the second quarter worth about $139,000. SG Americas Securities LLC purchased a new stake in Natera during the second quarter worth about $139,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Natera during the second quarter worth about $173,000. Institutional investors and hedge funds own 63.00% of the company’s stock.
NTRA has been the topic of a number of research analyst reports. Morgan Stanley set a $20.00 price target on shares of Natera and gave the company a “buy” rating in a report on Friday, August 5th. TheStreet lowered shares of Natera from a “hold” rating to a “sell” rating in a report on Friday, September 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $16.67.
Natera Company Profile
Receive News & Ratings for Natera Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natera Inc. and related companies with MarketBeat.com's FREE daily email newsletter.