Natera, Inc. (NASDAQ:NTRA - Get Free Report) insider Solomon Moshkevich sold 256 shares of the firm's stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $120.07, for a total value of $30,737.92. Following the completion of the transaction, the insider now owns 111,891 shares of the company's stock, valued at approximately $13,434,752.37. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Natera stock traded down $1.30 during midday trading on Wednesday, hitting $118.65. The company's stock had a trading volume of 632,741 shares, compared to its average volume of 1,331,355. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.14 and a quick ratio of 4.01. The company has a market cap of $14.57 billion, a price-to-earnings ratio of -38.03 and a beta of 1.53. Natera, Inc. has a 1-year low of $36.90 and a 1-year high of $133.54. The company has a 50-day moving average price of $123.43 and a two-hundred day moving average price of $111.03.
Natera (NASDAQ:NTRA - Get Free Report) last announced its earnings results on Thursday, August 8th. The medical research company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.69) by $0.39. The company had revenue of $413.35 million for the quarter, compared to analysts' expectations of $343.00 million. Natera had a negative net margin of 21.47% and a negative return on equity of 36.74%. The business's revenue for the quarter was up 58.1% on a year-over-year basis. During the same period last year, the firm earned ($0.97) earnings per share. As a group, sell-side analysts predict that Natera, Inc. will post -1.96 earnings per share for the current year.
Institutional investors have recently modified their holdings of the stock. Quent Capital LLC increased its position in shares of Natera by 3.2% in the first quarter. Quent Capital LLC now owns 3,205 shares of the medical research company's stock worth $293,000 after purchasing an additional 99 shares during the period. GAMMA Investing LLC grew its stake in Natera by 32.7% during the third quarter. GAMMA Investing LLC now owns 430 shares of the medical research company's stock worth $55,000 after buying an additional 106 shares in the last quarter. Moss Adams Wealth Advisors LLC increased its holdings in Natera by 5.4% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 2,646 shares of the medical research company's stock valued at $336,000 after buying an additional 135 shares during the period. Private Advisor Group LLC raised its position in shares of Natera by 5.2% in the 3rd quarter. Private Advisor Group LLC now owns 2,721 shares of the medical research company's stock valued at $346,000 after buying an additional 135 shares in the last quarter. Finally, Lake Street Advisors Group LLC lifted its holdings in shares of Natera by 7.4% during the 3rd quarter. Lake Street Advisors Group LLC now owns 2,250 shares of the medical research company's stock worth $286,000 after acquiring an additional 156 shares during the period. 99.90% of the stock is currently owned by institutional investors.
Several research firms have recently commented on NTRA. TD Cowen increased their price objective on Natera from $137.00 to $145.00 and gave the company a "buy" rating in a report on Friday, August 9th. StockNews.com raised shares of Natera from a "sell" rating to a "hold" rating in a research report on Thursday, October 17th. Piper Sandler restated an "overweight" rating and set a $150.00 price objective on shares of Natera in a research note on Friday, September 13th. Stephens reiterated an "overweight" rating and issued a $125.00 target price on shares of Natera in a research note on Friday, August 9th. Finally, Canaccord Genuity Group lifted their price target on Natera from $130.00 to $145.00 and gave the stock a "buy" rating in a report on Tuesday, August 27th. One analyst has rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $124.44.
Read Our Latest Research Report on Natera
Natera, Inc, a diagnostics company, develops and commercializes molecular testing services worldwide. Its products include Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus, as well as in twin pregnancies; Horizon carrier screening test for individuals and couples determine if they are carriers of genetic variations that cause certain genetic conditions; Vistara single-gene NIPT screens for 25 single-gene disorders that cause severe skeletal, cardiac, and neurological conditions; Spectrum, preimplantation genetic tests for couples undergoing IVF; Anora that analyzes miscarriage tissue from women; Empower, a hereditary cancer screening test; and non-invasive prenatal paternity product, which allows a couple to establish paternity without waiting for the child to be born.
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