In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Natera Inc. (NASDAQ:NTRA) reported that Claremont Creek Ventures L P. has picked up 7,020,856 of common stock as of 2017-02-09.
The acquisition brings the aggregate amount owned by Claremont Creek Ventures L P. to a total of 7,020,856 representing a 13.4% stake in the company.
For those not familiar with the company, Natera, Inc. is a diagnostics company. The Company’s product offerings include its Panorama Non-Invasive Prenatal Test (NIPT) that screens for chromosomal abnormalities of a fetus with a blood draw from the mother; Horizon Carrier Screening (Horizon) to determine carrier status for various severe genetic diseases that could be passed on to the carrier’s children; Spectrum Pre-implantation Genetic Screening (PGS) and Spectrum Pre-implantation Genetic Diagnosis (PGD) to analyze chromosomal anomalies or inherited genetic conditions during an in vitro fertilization (IVF) cycle to select embryos with the probability of becoming healthy children; Anora Products of Conception (POC) test to analyze fetal chromosomes to understand the cause of miscarriage, and Non-Invasive Paternity Testing (PAT), to determine paternity by analyzing the fragments of fetal deoxyribonucleic acid (DNA) in a pregnant mother’s blood and a blood sample from the alleged father(s).
A glance at Natera Inc. (NASDAQ:NTRA)’s key stats reveals a current market capitalization of 490.34 million based on 52.38 million shares outstanding and a price at last close of $9.31 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-06-19, Steuart picked up 66,621 at a purchase price of $11.94. This brings their total holding to 83,752 as of the date of the filing.
On the sell side, the most recent transaction saw Rosenman unload 1,850 shares at a sale price of $8.95. This brings their total holding to 34,755.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Natera Inc. (NASDAQ:NTRA) as things move forward to see if its progress aligns with these transactions.
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