NTRA Natera, Inc.

NEUTRAL Impact: 2/10 Insider Cluster (3 insiders)
Horizon days Filed Jun 3, 2026 Processed 11d 11h ago
Insider cluster: 3 insiders, $6.4M total
Latest settled — T+1d ⚠ clustered
NTRA ▼ -3.06% at T+1d
NEUTRAL call ✗ call lost -3.06% · α vs SPY -0.46% · entry $222.10 → $215.31
Next anchor: T+5d due 5d ago
Last close $212.07 (close Jun 12) · -4.52% from $222.10 entry
Entry anchored
Jun 3, 2026
via day open
T+1d
-3.06%
call -3.06% · α -0.46%
$215.31
settled 11d ago
T+5d
call — · α —
due 5d ago
T+20d
call — · α —
in 17d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Three Natera insiders sold a total of $6.40M in stock over a 7-day window, led by Director Roelof Botha's $5.78M open-market sale at ~$218.69. The cluster is dominated by a single large director sale (90% of total value), with two smaller president-level sales at ~$202.84. At 0.02% of Natera's $30.5B market cap, the total value is trivial and well below the 0.1% materiality threshold, making this a routine liquidity-driven event with no bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$6.4M
Insiders
3

Actionable Insight

This cluster is too small relative to Natera's $30.5B market cap to warrant any trading action. The two president-level sales at identical prices on the same day strongly suggest a pre-arranged 10b5-1 plan or tax-withholding event, not a bearish signal. Botha's larger director sale is notable in absolute terms but still immaterial at the company's scale. No follow-up needed.

Key Facts

  • Three insiders sold a combined $6.40M in NTRA stock from May 26 to June 1, 2026
  • Director Roelof Botha sold 26,411 shares at $218.69 for $5.78M (90% of total cluster value)
  • President Solomon Moshkevich sold 1,650 shares at $202.84 for $335K
  • President John Fesko sold 1,440 shares at $202.84 for $292K
  • Total cluster value of $6.40M represents only 0.02% of Natera's $30.5B market cap
  • Botha's sale is a single large director transaction, not a coordinated C-suite pattern
  • The two president-level sales occurred on the same day at the same price, suggesting a 10b5-1 plan or vesting-driven event

Financial Impact

Total insider sales of $6.40M, or 0.02% of market cap — economically trivial

insider ownership

Risk Factors

  • Director Botha's $5.78M sale could be misinterpreted as a bearish signal by retail traders
  • If future insider sales accelerate in size or involve C-suite executives, the pattern would warrant closer attention

Market Snapshot

Exchange
Nasdaq
Sector
Services-Medical Laboratories
Analyst Consensus
89% bullish (28 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NTRA-1780519267261
19 reports for NTRA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NTRA — sortable, filterable
Type Now
Jun 10, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$222.87 awaiting T+1awaiting T+1$212.07 (−4.85%)
Jun 9, 2026
5d ago
3
NEUTRAL ★ 2/10
$222.87 awaiting T+1awaiting T+1$212.07 (−4.85%)
Jun 6, 2026
9d ago
Insider Cluster
NEUTRAL ★ 3/10
$218.19 awaiting T+1awaiting T+1$212.07 (−2.80%)
Jun 4, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$222.10 $215.31▼ −3.06%▼ −0.46%$212.07 (−4.52%)
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$222.10 $215.31▼ −3.06%▼ −0.46%$212.07 (−4.52%)
May 29, 2026
17d ago
Insider Cluster
NEUTRAL ★ 3/10
$223.37 $218.81▼ −2.04%▼ −2.30%$212.07 (−5.06%)
May 16, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$192.54 $196.04▲ +1.82%▲ +2.47%$212.07 (+10.14%)
May 1, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$207.28 $211.56▲ +2.06%▲ +2.41%$212.07 (+2.31%)
Apr 27, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$204.39 $200.17▼ −2.06%▼ −1.58%$212.07 (+3.76%)
Apr 27, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$204.39 $200.17▼ −2.06%▼ −1.58%$212.07 (+3.76%)
Showing 10 of 19

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