Swiss National Bank purchased a new stake in shares of Natera Inc. (NASDAQ:NTRA) during the second quarter, Holdings Channel reports. The fund purchased 42,300 shares of the company’s stock, valued at approximately $510,000. Swiss National Bank owned approximately 0.08% of Natera as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its position in Natera by 10.0% in the first quarter. State Street Corp now owns 121,834 shares of the company’s stock valued at $1,160,000 after buying an additional 11,078 shares in the last quarter. Geode Capital Management LLC boosted its position in Natera by 26.3% in the first quarter. Geode Capital Management LLC now owns 88,776 shares of the company’s stock valued at $845,000 after buying an additional 18,489 shares in the last quarter. Murphy Michael R bought a new position in Natera during the first quarter valued at about $16,017,000. Hamilton Lane Advisors LLC bought a new position in Natera during the second quarter valued at about $1,208,000. Finally, Bank of Montreal Can bought a new position in Natera during the second quarter valued at about $330,000. 63.00% of the stock is currently owned by institutional investors.
Shares of Natera Inc. (NASDAQ:NTRA) traded down 1.46% during mid-day trading on Friday, reaching $10.83. 160,921 shares of the company’s stock traded hands. The company’s 50 day moving average is $10.63 and its 200-day moving average is $11.17. Natera Inc. has a 52 week low of $6.52 and a 52 week high of $13.80. The firm’s market cap is $560.79 million.
Natera (NASDAQ:NTRA) last released its quarterly earnings results on Thursday, August 4th. The company reported ($0.46) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.48) by $0.02. Natera had a negative net margin of 34.23% and a negative return on equity of 39.38%. The business had revenue of $52 million for the quarter, compared to analysts’ expectations of $50.64 million. During the same period in the prior year, the firm earned ($0.40) earnings per share. Natera’s revenue was up 15.3% compared to the same quarter last year. Equities analysts expect that Natera Inc. will post ($1.73) earnings per share for the current fiscal year.
NTRA has been the topic of several research reports. Morgan Stanley set a $20.00 price target on Natera and gave the company a “buy” rating in a report on Friday, August 5th. TheStreet cut Natera from a “hold” rating to a “sell” rating in a report on Friday, September 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $16.67.
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