In a filing, Natera Inc revealed its CHIEF FINANCIAL OFFICER Brophy Michael Burkes unloaded Company’s shares for reported $0.18 million on May 01 ’24. In the deal valued at $93.97 per share,1,866 shares were sold. As a result of this transaction, Brophy Michael Burkes now holds 67,542 shares worth roughly $6.55 million.
Then, Chapman Steven Leonard sold 4,084 shares, generating $380,378 in total proceeds. Upon selling the shares at $93.14, the CEO AND PRESIDENT now owns 226,235 shares.
Before that, Brophy Michael Burkes sold 1,238 shares. Natera Inc shares valued at $115,306 were divested by the CHIEF FINANCIAL OFFICER at a price of $93.14 per share. As a result of the transaction, Brophy Michael Burkes now holds 69,408 shares, worth roughly $6.73 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 jump 3.48% to $96.98. Over the last five days, the stock has gained 5.80%. Natera Inc shares have risen nearly 54.82% since the year began. Nevertheless, the stocks have risen 86.00% 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 $90.14, while 200 days put it at $63.40. A total of 0.94 million shares were traded, compared to the trading of 0.62 million shares in the previous session.
Levels Of Support And Resistance For NTRA Stock
The 24-hour chart illustrates a support level at 95.49, which if violated will result in even more drops to 94.01. On the upside, there is a resistance level at 97.95. A further resistance level may holdings at 98.93. The Relative Strength Index (RSI) on the 14-day chart is 63.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.59, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.21%. Stochastics %K at 85.91% indicates the stock is a selling.
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.
