NTRA Natera, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon immediate Filed Jun 6, 2026 Processed 7d 8h ago
Insider cluster: 3 insiders, $6.3M total

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Executive Summary

Three NTRA insiders, including the CEO and director, collectively sold $6.34M in open-market sales over a 4-day window. The total represents ~0.02% of the $31.8B market cap, which is trivial. Historical cluster reports on this ticker show a 30% win rate and negative net alpha at T+20, suggesting past bearish insider reads have not been reliable.

Key Financial Metrics

Direction
selling
Total Value
$6.3M
Insiders
3

Actionable Insight

Insider selling at 0.02% of market cap is quantitatively trivial and does not signal a bearish view — even with CEO participation. Historical insider cluster reports on NTRA have underperformed at T+20 (30% win rate, -3.97% alpha vs SPY). Do not short or reduce position into this cluster. Monitor for any follow-on 10b5-1 plan adoption or larger multiday CEO selling pattern.

Key Facts

  • 3 insiders sold $6.34M total in open-market sales between Jun 1-4, 2026
  • CEO Steven Chapman sold 832 shares worth ~$177K
  • Director Roelof Botha sold 26,411 shares worth ~$5.78M (91% of total)
  • President Solomon Moshkevich sold 1,802 shares worth ~$392K
  • Total sales represent 0.02% of Natera's $31.8B market cap
  • All 3 trades are open-market sales (code S)

Financial Impact

$6.34M in insider sales — trivial relative to $31.8B market cap at 0.02%

insider ownership percentage

Risk Factors

  • CEO and director selling could be perceived negatively by momentum traders
  • Botha's large $5.78M sale may be diversification-driven (director, not C-suite)

Market Snapshot

Exchange
Nasdaq
Sector
Services-Medical Laboratories
Analyst Consensus
89% bullish (27 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NTRA-1780707947897
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
3d ago
Insider Cluster
NEUTRAL ★ 2/10
$222.87 awaiting T+1awaiting T+1$212.07 (−4.85%)
Jun 9, 2026
3d ago
3
NEUTRAL ★ 2/10
$222.87 awaiting T+1awaiting T+1$212.07 (−4.85%)
Jun 6, 2026
7d ago
Insider Cluster
NEUTRAL ★ 3/10
$218.19 awaiting T+1awaiting T+1$212.07 (−2.80%)
Jun 4, 2026
9d ago
Insider Cluster
NEUTRAL ★ 3/10
$222.10 $215.31▼ −3.06%▼ −0.46%$212.07 (−4.52%)
Jun 3, 2026
9d ago
Insider Cluster
NEUTRAL ★ 2/10
$222.10 $215.31▼ −3.06%▼ −0.46%$212.07 (−4.52%)
May 29, 2026
15d ago
Insider Cluster
NEUTRAL ★ 3/10
$223.37 $218.81▼ −2.04%▼ −2.30%$212.07 (−5.06%)
May 16, 2026
28d 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
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$204.39 $200.17▼ −2.06%▼ −1.58%$212.07 (+3.76%)
Apr 27, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$204.39 $200.17▼ −2.06%▼ −1.58%$212.07 (+3.76%)
Showing 10 of 19

US Market Status

Market Closed — Opens Mon (52h 18m)

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