Michael Burkes Brophy Sells 3,192 Shares of Natera Inc (NTRA) Stock
Natera Inc (NASDAQ:NTRA) CFO Michael Burkes Brophy sold 3,192 shares of Natera stock in a transaction on Monday, March 11th. The stock was sold at an average price of $16.00, for a total transaction of $51,072.00. Following the sale, the chief financial officer now directly owns 13,422 shares in the company, valued at approximately $214,752. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Michael Burkes Brophy also recently made the following trade(s):
- On Monday, December 24th, Michael Burkes Brophy sold 449 shares of Natera stock. The stock was sold at an average price of $12.39, for a total value of $5,563.11.
Shares of NASDAQ NTRA traded up $0.22 during trading on Friday, hitting $19.14. 18,084 shares of the company were exchanged, compared to its average volume of 610,960. Natera Inc has a 12-month low of $8.60 and a 12-month high of $29.62. The company has a quick ratio of 2.32, a current ratio of 2.44 and a debt-to-equity ratio of 1.30. The firm has a market cap of $1.03 billion, a PE ratio of -9.00 and a beta of 1.84.
Several research firms have recently commented on NTRA. BidaskClub lowered Natera from a “sell” rating to a “strong sell” rating in a report on Friday, March 1st. Zacks Investment Research upgraded Natera from a “sell” rating to a “hold” rating in a report on Friday. Finally, Canaccord Genuity reiterated a “buy” rating and set a $25.00 price target on shares of Natera in a report on Monday. One analyst has rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $27.75.
A number of institutional investors and hedge funds have recently modified their holdings of NTRA. Great West Life Assurance Co. Can raised its holdings in Natera by 136.8% in the 4th quarter. Great West Life Assurance Co. Can now owns 5,920 shares of the medical research company’s stock valued at $80,000 after buying an additional 3,420 shares during the period. Legal & General Group Plc raised its holdings in Natera by 14.5% in the 4th quarter. Legal & General Group Plc now owns 5,826 shares of the medical research company’s stock valued at $81,000 after buying an additional 736 shares during the period. Pacer Advisors Inc. purchased a new stake in Natera in the 3rd quarter valued at about $106,000. Point72 Hong Kong Ltd purchased a new stake in Natera in the 3rd quarter valued at about $119,000. Finally, Quantbot Technologies LP purchased a new stake in Natera in the 3rd quarter valued at about $135,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.
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Natera Company Profile
Natera, Inc, a diagnostics company, provides preconception and prenatal genetic testing services. It primarily offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases that could be passed on to the carrier's children; and Spectrum pre-implantation genetic screening and Spectrum pre-implantation genetic diagnosis to analyze chromosomal anomalies or inherited genetic conditions during an in vitro fertilization cycle.
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