Natera, Inc. $NTRA Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its position in Natera, Inc. (NASDAQ:NTRAFree Report) by 33.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 105,005 shares of the medical research company’s stock after selling 52,264 shares during the period. Hsbc Holdings PLC’s holdings in Natera were worth $24,170,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Horizon Investments LLC raised its holdings in Natera by 22.0% during the fourth quarter. Horizon Investments LLC now owns 244 shares of the medical research company’s stock worth $56,000 after purchasing an additional 44 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in Natera by 20.0% in the 4th quarter. Sound Income Strategies LLC now owns 270 shares of the medical research company’s stock valued at $62,000 after purchasing an additional 45 shares in the last quarter. Savvy Advisors Inc. boosted its holdings in Natera by 3.1% in the 4th quarter. Savvy Advisors Inc. now owns 1,541 shares of the medical research company’s stock valued at $353,000 after purchasing an additional 46 shares in the last quarter. Siemens Fonds Invest GmbH increased its position in Natera by 3.1% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,804 shares of the medical research company’s stock worth $290,000 after purchasing an additional 54 shares during the period. Finally, Alamea Verwaltungs GmbH increased its position in Natera by 2.9% during the 4th quarter. Alamea Verwaltungs GmbH now owns 2,229 shares of the medical research company’s stock worth $515,000 after purchasing an additional 62 shares during the period. 99.90% of the stock is currently owned by institutional investors and hedge funds.

Natera News Roundup

Here are the key news stories impacting Natera this week:

Analyst Upgrades and Downgrades

Several analysts have recently commented on NTRA shares. Morgan Stanley reduced their price target on Natera from $265.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. Wolfe Research initiated coverage on Natera in a report on Tuesday, June 2nd. They set an “outperform” rating and a $260.00 price objective on the stock. Robert W. Baird set a $265.00 price objective on Natera in a research report on Friday, May 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Natera in a report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Natera from $260.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Natera currently has an average rating of “Moderate Buy” and an average target price of $256.24.

View Our Latest Report on NTRA

Insider Buying and Selling

In related news, Director Rowan E. Chapman sold 2,964 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $216.78, for a total value of $642,535.92. Following the sale, the director directly owned 3,124 shares in the company, valued at $677,220.72. The trade was a 48.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gail Boxer Marcus sold 11,000 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $217.21, for a total transaction of $2,389,310.00. Following the completion of the sale, the director directly owned 6,183 shares in the company, valued at approximately $1,343,009.43. The trade was a 64.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 162,342 shares of company stock valued at $35,283,396 in the last three months. 5.05% of the stock is owned by insiders.

Natera Price Performance

NTRA opened at $259.97 on Thursday. Natera, Inc. has a 1-year low of $131.81 and a 1-year high of $264.65. The stock has a market cap of $37.23 billion, a P/E ratio of -159.49 and a beta of 1.56. The stock’s 50 day simple moving average is $210.71 and its 200 day simple moving average is $215.43.

Natera Company Profile

(Free Report)

Natera is a global diagnostics company that develops and commercializes cell-free DNA and other genetic testing technologies for clinical applications. The company focuses on three principal areas: reproductive health (including non-invasive prenatal testing and carrier screening), oncology (tumor-informed assays for minimal residual disease and recurrence monitoring), and organ transplantation (cell-free DNA tests to detect allograft injury). Natera combines laboratory testing, proprietary bioinformatics, and clinical reporting to deliver personalized genetic information to clinicians and patients.

Key product offerings include Panorama, a non-invasive prenatal test that screens for fetal chromosomal abnormalities and select single-gene conditions; Horizon carrier screening for inherited conditions; Signatera, a personalized, tumor-informed assay used for detecting minimal residual disease and monitoring treatment response in cancer patients; and Prospera, a donor-derived cell-free DNA test used to assess the risk of organ rejection.

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Institutional Ownership by Quarter for Natera (NASDAQ:NTRA)

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