Silverleafe Capital Partners LLC bought a new position in shares of Natera, Inc. (NASDAQ:NTRA – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,984 shares of the medical research company’s stock, valued at approximately $631,000.
Several other large investors have also added to or reduced their stakes in NTRA. Itau Unibanco Holding S.A. bought a new position in shares of Natera during the 2nd quarter worth approximately $28,000. Quarry LP lifted its position in shares of Natera by 148.4% during the 2nd quarter. Quarry LP now owns 318 shares of the medical research company’s stock valued at $34,000 after acquiring an additional 190 shares during the period. Versant Capital Management Inc boosted its stake in Natera by 345.8% during the fourth quarter. Versant Capital Management Inc now owns 214 shares of the medical research company’s stock worth $34,000 after acquiring an additional 166 shares in the last quarter. Covestor Ltd grew its holdings in Natera by 34.3% in the third quarter. Covestor Ltd now owns 372 shares of the medical research company’s stock worth $47,000 after purchasing an additional 95 shares during the period. Finally, GAMMA Investing LLC increased its stake in Natera by 32.7% in the third quarter. GAMMA Investing LLC now owns 430 shares of the medical research company’s stock valued at $55,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds own 99.90% of the company’s stock.
Insider Buying and Selling at Natera
In other news, CFO Michael Burkes Brophy sold 608 shares of Natera stock in a transaction on Monday, October 21st. The stock was sold at an average price of $120.76, for a total value of $73,422.08. Following the completion of the transaction, the chief financial officer now directly owns 74,014 shares in the company, valued at approximately $8,937,930.64. The trade was a 0.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Steven Leonard Chapman sold 1,709 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $120.76, for a total value of $206,378.84. Following the completion of the transaction, the chief executive officer now owns 194,615 shares of the company’s stock, valued at approximately $23,501,707.40. This represents a 0.87 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 127,932 shares of company stock valued at $20,635,430. Company insiders own 7.60% of the company’s stock.
Natera Stock Performance
Natera (NASDAQ:NTRA – Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The medical research company reported ($0.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.57) by $0.31. Natera had a negative net margin of 14.01% and a negative return on equity of 26.23%. The business had revenue of $439.80 million during the quarter, compared to the consensus estimate of $361.43 million. During the same quarter last year, the company posted ($0.95) earnings per share. The firm’s quarterly revenue was up 63.9% compared to the same quarter last year. Equities research analysts anticipate that Natera, Inc. will post -1.61 EPS for the current fiscal year.
Analysts Set New Price Targets
Several analysts have recently commented on the company. JPMorgan Chase & Co. raised their target price on Natera from $160.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. TD Cowen raised their price objective on Natera from $155.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Leerink Partners upped their target price on Natera from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. StockNews.com cut Natera from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Finally, Canaccord Genuity Group boosted their price target on shares of Natera from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, Natera presently has an average rating of “Moderate Buy” and a consensus target price of $153.67.
View Our Latest Analysis on NTRA
About 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.
See Also
- Five stocks we like better than Natera
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Build-Your-Bowl Battle: CAVA, Chipotle, and Sweetgreen Face Off
- What Makes a Stock a Good Dividend Stock?
- Insiders Are Loading Up: 3 Key Stock Picks for Investors
- What is a Bond Market Holiday? How to Invest and Trade
- How Cigna Remains at the Top of the Health Insurance Food Chain
Want to see what other hedge funds are holding NTRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Natera, Inc. (NASDAQ:NTRA – Free Report).
Receive News & Ratings for Natera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natera and related companies with MarketBeat.com's FREE daily email newsletter.