NTRA Natera, Inc.
Price Chart
Executive Summary
Three Natera insiders sold a total of $6.46M in open-market sales over a 7-day window, led by Director Roelof Botha ($5.78M) and President Solomon Moshkevich ($392K). The sales represent ~0.02% of Natera's $30.5B market cap, falling well below the 0.1% materiality threshold for insider selling. Historical calibration shows a 30% win rate on prior NTRA reports with negative average alpha at T+20, suggesting the model has been over-scoring this ticker.
Key Financial Metrics
Actionable Insight
The insider selling cluster is too small relative to Natera's $30.5B market cap to warrant a bearish read. Botha's $5.78M sale is notable in absolute terms but routine for a director at a mega-cap. Monitor for any upcoming 8-K filings (earnings, guidance, or material agreements) that could provide context for the sales, but no immediate action required.
Key Facts
- Total insider sales of $6.46M represent ~0.02% of $30.5B market cap — trivial by proportionality standards
- Director Roelof Botha sold $5.78M (26,411 shares at $218.69), accounting for 89% of total cluster value
- President Solomon Moshkevich sold $392K (1,802 shares at $217.52)
- President John Fesko sold $292K (1,440 shares at $202.84) on May 26
- Director Eric Rubin received a non-cash grant of 2,124 shares ($0 value) — no economic signal
- No 10b5-1 plan disclosure or vesting pattern evident in the filings
- Historical calibration: prior NTRA reports have 30% win rate at T+20 with -3.97% average alpha vs SPY
Financial Impact
Total insider selling of $6.46M, representing 0.02% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if stock continues to appreciate, but current volume is immaterial
- Historical model calibration suggests over-scoring risk on NTRA — prior calls with similar scores underperformed
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NTRA-1780535136049 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
5d ago
|
Insider Cluster
| $222.87 awaiting T+1 | awaiting T+1 | — | $212.07 (−4.85%) |
|
Jun 9, 2026
5d ago
|
3
| $222.87 awaiting T+1 | awaiting T+1 | — | $212.07 (−4.85%) |
|
Jun 6, 2026
9d ago
|
Insider Cluster
| $218.19 awaiting T+1 | awaiting T+1 | — | $212.07 (−2.80%) |
|
Jun 4, 2026
11d ago
|
Insider Cluster
| $222.10 $215.31 | ▼ −3.06% | ▼ −0.46% | $212.07 (−4.52%) |
|
Jun 3, 2026
11d ago
|
Insider Cluster
| $222.10 $215.31 | ▼ −3.06% | ▼ −0.46% | $212.07 (−4.52%) |
|
May 29, 2026
17d ago
|
Insider Cluster
| $223.37 $218.81 | ▼ −2.04% | ▼ −2.30% | $212.07 (−5.06%) |
|
May 16, 2026
4w ago
|
Insider Cluster
| $192.54 $196.04 | ▲ +1.82% | ▲ +2.47% | $212.07 (+10.14%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $207.28 $211.56 | ▲ +2.06% | ▲ +2.41% | $212.07 (+2.31%) |
|
Apr 27, 2026
7w ago
|
Insider Cluster
| $204.39 $200.17 | ▼ −2.06% | ▼ −1.58% | $212.07 (+3.76%) |
|
Apr 27, 2026
7w ago
|
Insider Cluster
| $204.39 $200.17 | ▼ −2.06% | ▼ −1.58% | $212.07 (+3.76%) |
US Market Status
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