NTRA Natera, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (6 insiders)
Horizon days Filed Apr 27, 2026 Processed 1mo ago
Insider cluster: 6 insiders, $1.4M total
Latest settled — T+20d ⚠ clustered
NTRA ▼ -1.70% at T+20d
NEUTRAL call ✗ call lost -1.70% · α vs SPY -6.66% · entry $204.39 → $200.91
Next anchor: T+60d in 6w
Last close $213.47 (close Jun 8) · +4.44% from $204.39 entry
Entry anchored
Apr 24, 03:59 PM ET
via Databento tick
T+1d
-2.06%
call -2.06% · α -1.58%
$200.17
settled 6w ago
T+5d
+3.51%
call +3.51% · α +3.11%
$211.56
settled 6w ago
T+20d
-1.70%
call -1.70% · α -6.66%
$200.91
settled 19d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Six Natera insiders, including the CEO and CFO, sold a total of ~$1.39M in open-market sales over a 7-day window ending May 1, 2026. The cluster represents ~0.005% of the $30.2B market cap — trivial in proportion — and follows a pattern of routine insider selling at the company. Historical calibration shows past neutral-to-bearish calls on NTRA have underperformed (25% win rate at T+20), suggesting the market has not reacted negatively to similar insider activity.

Key Financial Metrics

Direction
selling
Total Value
$1.4M
Insiders
6

Actionable Insight

The insider selling cluster is routine in both dollar amount and proportion to market cap. No material signal for traders — the pattern is consistent with normal portfolio diversification. Monitor upcoming earnings for any fundamental changes, but this filing alone does not warrant action.

Key Facts

  • Six insiders sold shares totaling ~$1.39M in open-market transactions from April 24 to May 1, 2026.
  • CEO Steven Chapman sold 2,300 shares (~$463K), CFO Michael Brophy sold 300 shares (~$57K).
  • Total cluster value is ~0.005% of Natera's $30.2B market cap — immaterial.
  • All transactions were open-market sales (code S); no purchases or non-cash transactions in the cluster.
  • Prior 30-day insider activity shows 10 sells totaling $1.5M, consistent with ongoing routine selling.

Financial Impact

Total insider sales of ~$1.39M, representing ~0.005% of market cap — negligible economic impact.

insider selling volume

Risk Factors

  • Insider selling could accelerate if insiders perceive headwinds ahead of next earnings.
  • Historical calibration shows NTRA insider cluster reports have low predictive power (25% win rate at T+20).

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-1778031341117
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
today
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
Jun 9, 2026
today
3
NEUTRAL ★ 2/10
$222.87 awaiting T+1awaiting T+1$213.47 (−4.22%)
Jun 6, 2026
4d ago
Insider Cluster
NEUTRAL ★ 3/10
$218.19 awaiting T+1awaiting T+1$213.47 (−2.16%)
Jun 4, 2026
6d ago
Insider Cluster
NEUTRAL ★ 3/10
$222.10 $215.31▼ −3.06%▼ −0.46%$213.47 (−3.89%)
Jun 3, 2026
6d ago
Insider Cluster
NEUTRAL ★ 2/10
$222.10 $215.31▼ −3.06%▼ −0.46%$213.47 (−3.89%)
May 29, 2026
12d ago
Insider Cluster
NEUTRAL ★ 3/10
$223.37 $218.81▼ −2.04%▼ −2.30%$213.47 (−4.43%)
May 16, 2026
25d ago
Insider Cluster
NEUTRAL ★ 3/10
$192.54 $196.04▲ +1.82%▲ +2.47%$213.47 (+10.87%)
May 1, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$207.28 $211.56▲ +2.06%▲ +2.41%$213.47 (+2.99%)
Apr 27, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$204.39 $200.17▼ −2.06%▼ −1.58%$213.47 (+4.44%)
Apr 27, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$204.39 $200.17▼ −2.06%▼ −1.58%$213.47 (+4.44%)
Showing 10 of 19

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