The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Natera Inc shares valued at $380,378 were sold by Chapman Steven Leonard on Apr 29 ’24. At $93.14 per share, Chapman Steven Leonard sold 4,084 shares. The insider’s holdings dropped to 226,235 shares worth approximately $21.3 million following the completion of this transaction.
Also, Brophy Michael Burkes sold 1,238 shares, netting a total of over 115,306 in proceeds. Following the sale of shares at $93.14 each, the insider now holds 69,408 shares.
Before that, Moshkevich Solomon had sold 1,196 shares from its account. In a trade valued at $111,394, the PRESIDENT, CLINICALDIAGNOSTICS traded Natera Inc shares for $93.14 each. Upon closing the transaction, the insider’s holdings decreased to 1,196 shares, worth approximately $10.91 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 surge of approximately 2.90%. Over the course of the year, Natera Inc shares have jumped approximately 50.30%. 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 $89.14, while a 200-day SMA reached $62.93. Nevertheless, trading volume fell to 1.03 million shares from 1.54 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 92.11, which, if violated, would cause prices to drop to 90.08. In the upper region, resistance lies at 96.08. The next price resistance is at 98.02. RSI (Relative Strength Index) is 58.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.74, which suggests the price will increase in the coming days. Percent R is at 21.45%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
