Shares of Natera Inc. (NASDAQ:NTRA) were down 4.6% during mid-day trading on Wednesday . The stock traded as low as $11.95 and last traded at $12.11, with a volume of 101,132 shares changing hands. The stock had previously closed at $12.70.

Several analysts recently issued reports on NTRA shares. Cowen and Company restated an “outperform” rating and issued a $17.00 price objective on shares of Natera in a report on Friday, June 3rd. Benchmark Co. assumed coverage on Natera in a research report on Tuesday, April 19th. They issued a “buy” rating and a $14.00 target price for the company. Finally, Morgan Stanley reaffirmed a “buy” rating on shares of Natera in a research report on Thursday, May 12th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $17.14.

The company has a 50-day moving average price of $12.29 and a 200 day moving average price of $10.02. The company’s market capitalization is $634.55 million.

Natera (NASDAQ:NTRA) last posted its quarterly earnings data on Tuesday, May 10th. The company reported ($0.17) EPS for the quarter, beating analysts’ consensus estimates of ($0.46) by $0.29. The company had revenue of $61.90 million for the quarter, compared to analyst estimates of $48.17 million. During the same period in the previous year, the business earned ($1.89) EPS. The firm’s revenue was up 30.5% on a year-over-year basis. On average, analysts predict that Natera Inc. will post ($1.69) EPS for the current year.

In other Natera news, Director Roelof Botha bought 837,521 shares of Natera stock in a transaction that occurred on Sunday, June 19th. The shares were purchased at an average cost of $11.94 per share, for a total transaction of $10,000,000.74. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew Rabinowitz sold 104,892 shares of the stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $12.14, for a total value 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.

A hedge fund recently raised its stake in Natera stock. Tekla Capital Management LLC raised its stake in Natera Inc. (NASDAQ:NTRA) by 8.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 882,358 shares of the company’s stock after buying an additional 68,058 shares during the period. Tekla Capital Management LLC owned approximately 1.76% of Natera worth $9,529,000 at the end of the most recent reporting period.

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