The cluster is small relative to market cap and all trades were pre-planned under 10b5-1 plans, so no negative signal. Monitor next quarter's insider activity for any change in pattern, particularly if open-market sales without 10b5-1 plans appear.
Price Chart
How similar events traded
Executive Summary
Seven Natera insiders, including the CEO, CFO, and Executive Chairman, sold a total of $1.16M in open-market sales over a one-week period. All sales were under 10b5-1 plans, but the cluster follows a strong Q3 earnings beat and guidance raise, making the sales likely routine pre-planned diversification rather than a negative signal.
Key Financial Metrics
Key Facts
- Seven insiders sold shares in open-market transactions totaling $1.16M
- All sales were under 10b5-1 trading plans
- CEO Steven Chapman sold 914 shares for $366K
- CFO Michael Brophy sold 470 shares for $184K
- Executive Chairman Matthew Rabinowitz sold 731 shares for $293K
- Total sales represent approximately 0.0025% of Natera's $46.5B market cap
- Sales occurred 1-4 days after Q3 2026 earnings beat and guidance raise
Financial Impact
Total insider sales of $1.16M, negligible relative to $46.5B market cap
Risk Factors
- Insider sales are routine and pre-planned; no material risk identified
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-1794362728143 |
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 Viewing 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 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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