Natera Inc. (NASDAQ:NTRA) CFO Herm Rosenman sold 1,773 shares of the firm’s stock in a transaction that occurred on Thursday, October 6th. The stock was sold at an average price of $11.53, for a total transaction of $20,442.69. Following the transaction, the chief financial officer now directly owns 22,051 shares of the company’s stock, valued at $254,248.03. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Herm Rosenman also recently made the following trade(s): On Tuesday, September 6th, Herm Rosenman sold 1,822 shares of Natera stock. The stock was sold at an average price of $10.21, for a total transaction of $18,602.62. On Tuesday, August 2nd, Herm Rosenman sold 1,833 shares of Natera stock. The stock was sold at an average price of $12.98, for a total transaction of $23,792.34.
Natera Inc. (NASDAQ:NTRA) opened at 11.46 on Friday. The company’s market capitalization is $593.41 million. Natera Inc. has a 52-week low of $6.52 and a 52-week high of $13.80. The firm’s 50-day moving average is $10.41 and its 200-day moving average is $11.10.
Natera (NASDAQ:NTRA) last issued its quarterly earnings results on Thursday, August 4th. The company reported ($0.46) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.48) by $0.02. Natera had a negative return on equity of 39.38% and a negative net margin of 34.23%. The firm had revenue of $52 million for the quarter, compared to analyst estimates of $50.64 million. During the same period in the previous year, the firm earned ($0.40) earnings per share. The company’s revenue was up 15.3% compared to the same quarter last year. On average, equities research analysts forecast that Natera Inc. will post ($1.73) EPS for the current year.
A number of institutional investors have recently modified their holdings of NTRA. BlackRock Advisors LLC raised its position in shares of Natera by 136.9% in the second quarter. BlackRock Advisors LLC now owns 8,738 shares of the company’s stock valued at $105,000 after buying an additional 5,050 shares during the period. BlackRock Group LTD acquired a new position in shares of Natera during the second quarter valued at about $127,000. Societe Generale acquired a new position in shares of Natera during the second quarter valued at about $139,000. SG Americas Securities LLC acquired a new position in shares of Natera during the second quarter valued at about $139,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Natera during the second quarter valued at about $173,000. 63.00% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts recently weighed in on the stock. TheStreet cut shares of Natera from a “hold” rating to a “sell” rating in a research note on Friday, September 9th. Morgan Stanley set a $20.00 target price on shares of Natera and gave the company a “buy” rating in a research note on Friday, August 5th. 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. The stock currently has a consensus rating of “Buy” and an average price target of $16.67.