This insider cluster is not actionable. The sales are tiny relative to market cap and follow a strong earnings report. Monitor for any unusual acceleration in selling volume or C-suite departures, but this filing alone does not warrant a trade.
Price Chart
Executive Summary
Seven Natera insiders, including the Executive Chairman, CEO, and CFO, sold a total of ~$1.14M in open-market sales over May 1-8, 2026. This cluster follows a strong Q1 earnings beat (revenue +38.8% YoY, raised guidance) reported on May 7. The sales are small relative to the $28.2B market cap (~0.004%) and likely reflect routine post-earnings window selling for liquidity and tax planning, not a bearish signal on fundamentals.
Key Financial Metrics
Key Facts
- Seven insiders sold a total of ~$1.14M in open-market sales from May 1-8, 2026.
- Sales include Executive Chairman ($597K), CEO ($186K), CFO ($101K), and four other executives/directors.
- Total sales represent ~0.004% of Natera's $28.2B market cap — trivial relative to company size.
- Sales occurred just after Natera reported Q1 2026 revenue of $696.6M (+38.8% YoY) and raised full-year revenue guidance by $120M to $2.74B-$2.82B.
- No 10b5-1 plan information provided, but the timing and small size suggest routine post-earnings liquidity selling.
- Historical calibration shows cluster sells at this company have not been predictive (33% win rate at T+20).
Financial Impact
Total insider sales of ~$1.14M, or 0.004% of market cap — economically negligible.
Risk Factors
- Insider sales could accelerate if Q2 2026 results disappoint or guidance is lowered.
- The cluster includes the Executive Chairman's $597K sale, which is the largest single trade but still immaterial at 0.002% of market cap.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NTRA-1778893529372 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 28d ago | Insider Cluster | $328.18 $341.79 | ▲ +4.15% | ▲ +5.36% | $410.35 (+25.04%) |
Aug 29, 2026 4w ago | Insider Cluster | $321.96 $328.59 | ▼ −2.06% | ▼ −2.20% | $410.35 (−27.45%) |
Aug 15, 2026 6w ago | Insider Cluster | $314.18 $327.72 | ▲ +4.31% | ▲ +5.50% | $410.35 (+30.61%) |
Aug 8, 2026 7w ago | Insider Cluster | $318.35 $314.18 | ▼ −1.31% | ▼ −1.26% | $410.35 (+28.90%) |
Aug 6, 2026 8w ago | Insider Cluster | $265.38 $310.78 | ▼ −17.11% | ▼ −15.89% | $410.35 (−54.63%) |
Jul 30, 2026 9w ago | Insider Cluster | $269.66 $265.38 | ▼ −1.59% | ▼ −5.21% | $410.35 (+52.17%) |
Jul 18, 2026 10w ago | Insider Cluster | $262.63 $261.99 | ▼ −0.24% | ▲ +0.18% | $410.35 (+56.25%) |
Jul 16, 2026 11w ago | Insider Cluster | $269.83 $264.69 | ▼ −1.90% | ▼ −0.23% | $410.35 (+52.08%) |
Jul 9, 2026 12w ago | Insider Cluster | $281.85 $269.83 | ▼ −4.26% | ▼ −4.13% | $410.35 (+45.59%) |
Jul 7, 2026 12w ago | Insider Cluster | $281.27 $272.66 | ▼ −3.06% | ▼ −3.61% | $410.35 (+45.89%) |
US Market Status
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