Natera Inc. (NASDAQ:NTRA) CFO Herm Rosenman sold 1,773 shares of Natera stock in a transaction dated Thursday, October 6th. The shares were sold at an average price of $11.53, for a total value of $20,442.69. Following the transaction, the chief financial officer now owns 22,051 shares in the company, valued at approximately $254,248.03. The transaction was disclosed in a legal filing with the SEC, which is available 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 shares were sold at an average price of $10.21, for a total value of $18,602.62. On Tuesday, August 2nd, Herm Rosenman sold 1,833 shares of Natera stock. The shares were sold at an average price of $12.98, for a total value of $23,792.34.
Shares of Natera Inc. (NASDAQ:NTRA) opened at 11.46 on Friday. The company’s market cap is $593.41 million. Natera Inc. has a 1-year low of $6.52 and a 1-year high of $13.80. The firm has a 50-day moving average price of $10.41 and a 200 day moving average price of $11.10.
Natera (NASDAQ:NTRA) last issued its quarterly earnings results on Thursday, August 4th. The company reported ($0.46) earnings per share for the quarter, beating the consensus estimate of ($0.48) by $0.02. The company earned $52 million during the quarter, compared to analysts’ expectations of $50.64 million. Natera had a negative return on equity of 39.38% and a negative net margin of 34.23%. The business’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.40) earnings per share. On average, equities analysts anticipate that Natera Inc. will post ($1.73) earnings per share for the current year.
Several equities research analysts have commented on NTRA shares. TheStreet cut 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 Natera and gave the company a “buy” rating in a research note on Friday, August 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $16.67.
Several large investors have recently modified their holdings of the stock. BlackRock Advisors LLC boosted its stake 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 last quarter. BlackRock Group LTD bought a new stake in shares of Natera during the second quarter valued at $127,000. Societe Generale bought a new stake in shares of Natera during the second quarter valued at $139,000. SG Americas Securities LLC bought a new stake in shares of Natera during the second quarter valued at $139,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Natera during the second quarter valued at $173,000. 63.00% of the stock is owned by institutional investors.
Natera Company Profile