Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Natera Inc shares valued at $7,265,651 were sold by Moshkevich Solomon on Apr 16 ’24. At $90.82 per share, Moshkevich Solomon sold 80,000 shares. The insider’s holdings dropped to 117,560 shares worth approximately $10.62 million following the completion of this transaction.
Also, Chapman Steven Leonard sold 6,816 shares, netting a total of over 634,797 in proceeds. Following the sale of shares at $93.13 each, the insider now holds 227,710 shares.
Before that, Sheena Jonathan had sold 26,700 shares from its account. In a trade valued at $2,468,822, the CO-FOUNDER traded Natera Inc shares for $92.47 each. Upon closing the transaction, the insider’s holdings decreased to 26,700 shares, worth approximately $29.0 million.
Analysts at Raymond James downgraded the stock from ‘”a Strong buy”‘ to ‘”an Outperform”‘ outlook in a report released in mid February. As of December 29, 2023, BTIG Research has reiterated its “Buy” rating for NTRA. Earlier on December 14, 2023, Guggenheim initiated its rating. Their recommendation was “a Buy” for NTRA stock.
Analyzing NTRA Stock Performance
During the last five days, there has been a drop of approximately -6.39%. Over the course of the year, Natera Inc shares have jumped approximately 44.20%. Shares of the company reached a 52-week high of $98.82 on 04/05/24 and a 52-week low of $58.53 on 01/05/24. A 50-day SMA is recorded $84.96, while a 200-day SMA reached $60.83. Nevertheless, trading volume fell to 0.69 million shares from 1.39 million shares the previous day.
Support And Resistance Levels for Natera Inc (NTRA)
According to the 24-hour chart, there is a support level at 89.24, which, if violated, would cause prices to drop to 88.15. In the upper region, resistance lies at 91.24. The next price resistance is at 92.15. RSI (Relative Strength Index) is 49.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.19, which suggests the price will decrease in the coming days. Percent R is at 86.99%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
