Free Trial

5,282 Shares in Natera, Inc. (NASDAQ:NTRA) Bought by QRG Capital Management Inc.

Natera logo with Medical background

QRG Capital Management Inc. purchased a new stake in Natera, Inc. (NASDAQ:NTRA - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,282 shares of the medical research company's stock, valued at approximately $671,000.

Several other institutional investors have also recently bought and sold shares of NTRA. SG Americas Securities LLC lifted its position in Natera by 1,073.1% during the 2nd quarter. SG Americas Securities LLC now owns 65,730 shares of the medical research company's stock valued at $7,118,000 after purchasing an additional 60,127 shares during the period. Russell Investments Group Ltd. increased its position in shares of Natera by 15.1% in the 1st quarter. Russell Investments Group Ltd. now owns 74,460 shares of the medical research company's stock valued at $6,810,000 after buying an additional 9,781 shares in the last quarter. Natixis bought a new position in Natera during the first quarter worth about $758,000. Baader Bank Aktiengesellschaft acquired a new position in Natera in the second quarter valued at about $478,000. Finally, Virtu Financial LLC acquired a new position in Natera in the first quarter valued at about $707,000. Institutional investors own 99.90% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NTRA. Sanford C. Bernstein increased their price objective on shares of Natera from $125.00 to $135.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Robert W. Baird lifted their target price on Natera from $117.00 to $120.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. StockNews.com raised Natera from a "sell" rating to a "hold" rating in a research report on Wednesday. The Goldman Sachs Group lifted their price objective on shares of Natera from $125.00 to $140.00 and gave the company a "buy" rating in a report on Wednesday, October 16th. Finally, Morgan Stanley increased their target price on shares of Natera from $125.00 to $132.00 and gave the stock an "overweight" rating in a report on Tuesday, August 13th. One research analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $125.69.

View Our Latest Analysis on Natera

Insider Activity at Natera

In related news, insider Jonathan Sheena sold 2,700 shares of Natera stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $113.82, for a total transaction of $307,314.00. Following the completion of the sale, the insider now directly owns 299,441 shares of the company's stock, valued at approximately $34,082,374.62. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, insider Jonathan Sheena sold 2,700 shares of the business's stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $113.82, for a total value of $307,314.00. Following the completion of the transaction, the insider now owns 299,441 shares of the company's stock, valued at $34,082,374.62. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Steven Leonard Chapman sold 4,523 shares of the business's stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $130.40, for a total transaction of $589,799.20. Following the completion of the transaction, the chief executive officer now owns 191,163 shares of the company's stock, valued at $24,927,655.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,164 shares of company stock worth $6,157,291. Insiders own 7.60% of the company's stock.

Natera Stock Up 2.9 %

NTRA traded up $3.72 during trading hours on Friday, reaching $134.11. The company's stock had a trading volume of 1,228,911 shares, compared to its average volume of 870,319. The company's 50-day moving average is $124.35 and its 200-day moving average is $113.91. Natera, Inc. has a 52 week low of $44.77 and a 52 week high of $134.33. The company has a quick ratio of 4.01, a current ratio of 4.14 and a debt-to-equity ratio of 0.34.

Natera (NASDAQ:NTRA - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The medical research company reported ($0.30) earnings per share for the quarter, beating the consensus estimate of ($0.69) by $0.39. The company had revenue of $413.35 million for the quarter, compared to analyst estimates of $343.00 million. Natera had a negative net margin of 21.47% and a negative return on equity of 36.74%. The company's revenue was up 58.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.97) earnings per share. Sell-side analysts forecast that Natera, Inc. will post -1.96 earnings per share for the current fiscal year.

About Natera

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Natera (NASDAQ:NTRA)

Should you invest $1,000 in Natera right now?

Before you consider Natera, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Natera wasn't on the list.

While Natera currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines