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Jefferies gives a Buy recommendation for Natera Inc (NTRA)

Natera Inc’s recently made public that its CO-FOUNDER Sheena Jonathan unloaded Company’s shares for reported $0.48 million on Jan 02 ’25. In the deal valued at $159.55 per share,3,000 shares were sold. As a result of this transaction, Sheena Jonathan now holds 44,782 shares worth roughly $7.71 million.

Then, Sheena Jonathan sold 2,700 shares, generating $430,480 in total proceeds. Upon selling the shares at $159.44, the CO-FOUNDER now owns 254,372 shares.

Before that, Fesko John sold 669 shares. Natera Inc shares valued at $106,773 were divested by the PRESIDENT, CHIEF BUS. OFFICER at a price of $159.60 per share. As a result of the transaction, Fesko John now holds 114,142 shares, worth roughly $19.66 million.

Raymond James also remained covering NTRA and has decreased its forecast on February 20, 2024 with a “an Outperform” recommendation from previously “Strong buy” rating. BTIG Research maintained its rating on December 29, 2023. It rated NTRA as “a Buy”.

Price Performance Review of NTRA

On Monday, Natera Inc [NASDAQ:NTRA] saw its stock jump 2.78% to $172.26. Over the last five days, the stock has gained 7.49%. Natera Inc shares have risen nearly 8.82% since the year began. Nevertheless, the stocks have risen 188.59% over the past one year. While a 52-week high of $175.63 was reached on 01/06/25, a 52-week low of $58.53 was recorded on 01/02/25. SMA at 50 days reached $153.47, while 200 days put it at $120.59.

Levels Of Support And Resistance For NTRA Stock

The 24-hour chart illustrates a support level at 168.62, which if violated will result in even more drops to 164.99. On the upside, there is a resistance level at 174.87. A further resistance level may holdings at 177.49. The Relative Strength Index (RSI) on the 14-day chart is 63.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.82%. Stochastics %K at 67.30% indicates the stock is a holding.

How much short interest is there in Natera Inc?

A steep rise in short interest was recorded in Natera Inc stocks on 2024-12-13, growing by 0.31 million shares to a total of 4.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.74 million shares. There was a rise of 7.57%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 14, 2023 when Guggenheim began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.

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