Insider Sale: CFO Michael Brophy Sells Shares of Natera Inc (NTRA)

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Chief Financial Officer Michael Brophy sold 2,359 shares of Natera Inc (NTRA, Financial) on July 26, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 75,059 shares of the company.

Natera Inc specializes in genetic testing and diagnostics with a focus on prenatal, oncological, and organ health tests. The company's innovative technologies provide detailed genetic information that supports medical decisions and patient management.

Over the past year, Michael Brophy has sold a total of 93,023 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend seen within Natera Inc, where there have been 93 insider sells and no insider buys over the last year.

Shares of Natera Inc were priced at $104.39 on the day of the transaction. The company's market cap is approximately $12.60 billion. According to the GF Value, the intrinsic value estimate for Natera Inc is $71.79 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.45.

The GF Value is determined by historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.

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This insider sale could be of interest to investors tracking insider behaviors as an indicator of confidence in the company's valuation and future prospects.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.