Natera Inc. (NTRA) CFO Sells $20,442.69 in Stock
Natera Inc. (NASDAQ:NTRA) CFO Herm Rosenman sold 1,773 shares of the stock in a transaction that occurred on 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
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 stock has a 50 day moving average price of $10.41 and a 200 day moving average price of $11.10. 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.
Natera (NASDAQ:NTRA) last released its quarterly earnings data on Thursday, August 4th. The company reported ($0.46) earnings per share 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 business had revenue of $52 million for the quarter, compared to analysts’ expectations of $50.64 million. During the same quarter in the previous year, the business posted ($0.40) EPS. Natera’s revenue for the quarter was up 15.3% on a year-over-year basis. On average, analysts predict that Natera Inc. will post ($1.73) earnings per share for the current fiscal year.
Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Advisors LLC boosted its position in 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 Natera during the second quarter valued at $127,000. Societe Generale acquired a new position in Natera during the second quarter valued at $139,000. SG Americas Securities LLC acquired a new position in Natera during the second quarter valued at $139,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Natera during the second quarter valued at $173,000. Institutional investors and hedge funds own 63.00% of the company’s stock.
Several brokerages have commented on NTRA. Morgan Stanley set a $20.00 price target on Natera and gave the company a “buy” rating in a report on Friday, August 5th. TheStreet downgraded Natera from a “hold” rating to a “sell” rating in a report on Friday, September 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $16.67.
Natera Company Profile
Receive News & Stock 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 stocks with our FREE daily email newsletter.