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Examining the Potential Price Growth of Natera Inc (NTRA)

Natera Inc’s recently made public that its CO-FOUNDER Sheena Jonathan unloaded Company’s shares for reported $2.47 million on Apr 03 ’24. In the deal valued at $92.47 per share,26,700 shares were sold. As a result of this transaction, Sheena Jonathan now holds 321,031 shares worth roughly $30.33 million.

Then, Brophy Michael Burkes sold 1,378 shares, generating $127,629 in total proceeds. Upon selling the shares at $92.62, the CHIEF FINANCIAL OFFICER now owns 70,646 shares.

Before that, Chapman Steven Leonard sold 2,662 shares. Natera Inc shares valued at $240,687 were divested by the CEO AND PRESIDENT at a price of $90.42 per share. As a result of the transaction, Chapman Steven Leonard now holds 234,526 shares, worth roughly $22.16 million.

A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid February from “a Strong buy” to “an Outperform”. BTIG Research also remained covering NTRA and reiterated its “Buy” recommendation on December 29, 2023. Guggenheim started covering the stock on December 14, 2023. It rated NTRA as “a Buy”.

Price Performance Review of NTRA

On Friday, Natera Inc [NASDAQ:NTRA] saw its stock fall -2.32% to $94.47. Over the last five days, the stock has lost -2.36%. Natera Inc shares have risen nearly 50.81% since the year began. Nevertheless, the stocks have risen 84.62% over the past one year. While a 52-week high of $98.82 was reached on 04/05/24, a 52-week low of $36.90 was recorded on 01/05/24. SMA at 50 days reached $83.63, while 200 days put it at $60.22. A total of 0.96 million shares were traded, compared to the trading of 1.06 million shares in the previous session.

Levels Of Support And Resistance For NTRA Stock

The 24-hour chart illustrates a support level at 93.14, which if violated will result in even more drops to 91.81. On the upside, there is a resistance level at 96.48. A further resistance level may holdings at 98.49. The Relative Strength Index (RSI) on the 14-day chart is 60.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.80%. Stochastics %K at 73.22% indicates the stock is a holding.

The most recent change occurred on December 13, 2023 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $70 price target.

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