Natera, Inc. (NASDAQ:NTRA – Get Rating) CFO Michael Burkes Brophy sold 427 shares of the firm’s stock in a transaction on Thursday, June 23rd. The stock was sold at an average price of $35.76, for a total value of $15,269.52. Following the completion of the sale, the chief financial officer now directly owns 81,585 shares of the company’s stock, valued at approximately $2,917,479.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Michael Burkes Brophy also recently made the following trade(s):

• On Friday, April 22nd, Michael Burkes Brophy sold 458 shares of Natera stock. The stock was sold at an average price of $36.14, for a total value of $16,552.12.
• On Monday, March 28th, Michael Burkes Brophy sold 915 shares of Natera stock. The stock was sold at an average price of $39.63, for a total value of $36,261.45.

Shares of Natera stock traded up $2.53 during trading on Friday, hitting $41.38. 1,639,467 shares of the company’s stock traded hands, compared to its average volume of 2,066,628. The company has a debt-to-equity ratio of 0.52, a current ratio of 4.24 and a quick ratio of 4.13. Natera, Inc. has a 1 year low of $26.10 and a 1 year high of $129.09. The stock has a market capitalization of $3.99 billion, a P/E ratio of -7.04 and a beta of 1.24. The business has a 50-day simple moving average of $36.02 and a 200-day simple moving average of $54.28.

Natera (NASDAQ:NTRA – Get Rating) last released its quarterly earnings data on Thursday, May 5th. The medical research company reported ($1.45) EPS for the quarter, beating the consensus estimate of ($1.50) by $0.05. Natera had a negative return on equity of 96.99% and a negative net margin of 81.90%. The company had revenue of $194.13 million for the quarter, compared to analysts’ expectations of $176.61 million. During the same period last year, the firm posted ($0.74) earnings per share. Natera’s revenue was up 27.5% compared to the same quarter last year. On average, equities analysts predict that Natera, Inc. will post -5.78 earnings per share for the current fiscal year.

NTRA has been the subject of a number of research reports. Morgan Stanley decreased their price objective on Natera from $118.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, February 28th. Cowen decreased their price objective on Natera from $110.00 to $100.00 in a report on Friday, May 6th. Robert W. Baird decreased their price objective on Natera from $100.00 to $71.00 in a report on Friday, May 6th. The Goldman Sachs Group reduced their price target on Natera from $90.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, April 19th. Finally, Stephens assumed coverage on Natera in a report on Monday, April 25th. They set an “overweight” rating and a $54.00 price target for the company. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.73.

A number of large investors have recently made changes to their positions in NTRA. Dimensional Fund Advisors LP boosted its position in Natera by 17.5% in the third quarter. Dimensional Fund Advisors LP now owns 113,641 shares of the medical research company’s stock worth $12,659,000 after purchasing an additional 16,910 shares during the last quarter. Royal Bank of Canada boosted its position in Natera by 34.4% in the third quarter. Royal Bank of Canada now owns 60,239 shares of the medical research company’s stock worth $6,713,000 after purchasing an additional 15,422 shares during the last quarter. LPL Financial LLC boosted its position in Natera by 14.3% in the third quarter. LPL Financial LLC now owns 24,916 shares of the medical research company’s stock worth $2,777,000 after purchasing an additional 3,124 shares during the last quarter. Utah Retirement Systems boosted its position in Natera by 7.5% in the third quarter. Utah Retirement Systems now owns 4,300 shares of the medical research company’s stock worth $479,000 after purchasing an additional 300 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in Natera by 59.8% in the third quarter. Janus Henderson Group PLC now owns 1,116,386 shares of the medical research company’s stock worth $124,410,000 after purchasing an additional 417,793 shares during the last quarter. 96.24% of the stock is currently owned by institutional investors and hedge funds.

About Natera (Get Rating)

Natera, Inc, a diagnostics company, develops and commercializes molecular testing services worldwide. It offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, as well as twin pregnancies for zygosity; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases; and Spectrum to identify chromosomal anomalies or inherited genetic conditions during an in vitro fertilization cycle.

Further Reading

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