This is a routine, small-scale insider sale tied to equity compensation. No material signal for the stock. Monitor for any acceleration of insider selling or changes in the company's outlook in upcoming filings.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK BELOW ENTRY AT T+5- T+0 · Nov 3 $388.63entry
- T+1 · 8d ago +0.62%α −1.03% · $391.03
- T+5 · yesterday −19.72%α −19.14% · $311.98
- T+6 · todayOpen
- T+20 · in 20d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Steven L. Chapman, an officer and director of Natera, filed a Form 144 notice of intent to sell 2,866 shares of common stock, valued at approximately $1.19 million, to be executed through Morgan Stanley. The shares were acquired via restricted stock vesting between July and October 2026. This is a routine insider sale tied to equity compensation, representing a small fraction of Chapman's total holdings and the company's $62.8B market cap.
Key Facts
- Reporting owner: Steven L. Chapman, an officer and director of Natera.
- Proposed sale: 2,866 shares of common stock.
- Estimated value: $1,191,224.24 (based on approximate market price).
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
- Shares acquired via restricted stock vesting on 7/26/2026, 8/3/2026, 9/1/2026, 10/1/2026, 10/27/2026, and 10/29/2026.
- Proposed sale date: 11/02/2026.
- Market cap of Natera: $62.8B; sale represents ~0.002% of market cap.
- Recent insider activity (30 days): 10 sells totaling $5.0M.
Financial Impact
Proposed sale of 2,866 shares valued at ~$1.19M, representing a negligible 0.002% of Natera's $62.8B market cap.
Risk Factors
- Form 144 is an intent to sell; the actual sale may not occur.
- Insider selling could increase if the stock continues to appreciate, but this filing alone is not indicative of a trend.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-010549 |
| Document: 0001950047-26-010549-index.html | 0001950047-26-010549 |
| Document: 0001950047-26-010549.txt | 0001950047-26-010549 |
Track record
61 reports on NTRA
6 of 9 bullish or bearish reports moved the stock their way by T+1. Best: +6.55% at T+5 after the Oct 2, 2026 report. 6 of 9 went positive at some point.
Filters
- Nov 10, 20261d ago Insider Cluster Neutral 3/10 Entry $318.65 Now $311.98 −2.09% settles Nov 12
- Nov 6, 20265d ago SC 13G/A Neutral 3/10 Entry $310.67 to $320.39 Now $311.98 +0.42% ▲ +3.13% +0.76% vs SPY
- Nov 5, 20266d ago 8-K Mixed 6/10 Entry $310.67 to $320.39 Now $311.98 +0.42% ▲ +3.13% +0.76% vs SPY
- Nov 5, 20266d ago SC 13G Neutral 4/10 Entry $363.76 to $310.67 Now $311.98 −14.23% ▼ −14.59% −14.91% vs SPY
- Nov 4, 20266d ago Insider Cluster Neutral 2/10 Entry $363.76 to $310.67 Now $311.98 −14.23% ▼ −14.59% −14.91% vs SPY
- Nov 3, 20268d ago 144 Neutral 2/10 Entry $391.03 to $363.76 Now $311.98 −20.22% ▼ −6.97% −2.56% vs SPY
- Nov 2, 20269d ago 144 Neutral 2/10 Viewing Entry $388.63 to $391.03 Now $311.98 −19.72% ▲ +0.62% −1.03% vs SPY
- Nov 2, 20269d ago 144 Neutral 3/10 Entry $388.63 to $391.03 Now $311.98 −19.72% ▲ +0.62% −1.03% vs SPY
- Nov 2, 20269d ago 144 Neutral 1/10 Entry $388.63 to $391.03 Now $311.98 −19.72% ▲ +0.62% −1.03% vs SPY
- Nov 2, 20269d ago 144 Neutral 2/10 Entry $388.63 to $391.03 Now $311.98 −19.72% ▲ +0.62% −1.03% vs SPY
US Market Status
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