Tag: NTRA stock

  • How Natera (NTRA) Stock Remained Strong Amidst Insider Sales?

    How Natera (NTRA) Stock Remained Strong Amidst Insider Sales?

    Natera, Inc. (NASDAQ: NTRA) observed slight change in its stock value during the previous trading session, with a small drop of 0.39% to reach $69.65. This steadiness happened alongside significant insider stock sales by Co-Founder Jonathan Sheena, who sold 12,000 shares at an average cost near $70 each, totaling $840,596.

    Despite insider selling, recent news from Natera provided a balancing effect. Natera (NTRA) declared a fresh investigation published in Gynecologic Oncology confirming the efficacy of its personalized molecular residual disease (MRD) examination, Signatera, in cases of endometrial cancer (EC).

    EC stands as the most common gynecologic cancer in the US, with growing incidence rates and a noteworthy increase in mortality, potentially associated with aggressive variations. Precise risk assessment is vital for identifying patients who could benefit from healing interventions.

    Yet, existing guidelines mainly depend on clinicopathological aspects, creating uncertainty, particularly regarding additional therapy choices for high-risk and high-intermediate-risk EC patients. The study, based on real-world data, examined 267 plasma samples from 101 EC patients post-surgery, encompassing various histological subtypes.

    Patients were categorized into risk groups based on clinicopathological factors, with 52% classified as high-risk, 22% as high-intermediate-risk, 15% as low-risk, and 12% falling into other categories. The findings underscore Signatera’s utility as a robust biomarker for assessing recurrence risk in post-surgical EC patients.

    Integration of Signatera into clinical workflows holds promise for aiding physicians and patients in tailoring adjuvant treatment decisions based on molecular residual disease evidence. Additionally, NTRA recently unveiled a fresh investigation featured in The Journal of Thoracic and Cardiovascular Surgery.

    The study displayed the efficacy of Natera’s individualized and tumor-informed molecular residual disease (MRD) examination, Signatera, in categorizing risk and early detection of recurrence among individuals with surgically treated stage I-II non-small cell lung cancer (NSCLC).

    The research illustrated that sequential monitoring using Signatera can pinpoint individuals most likely to gain from supplementary systemic treatment and/or heightened imaging. With evident clinical influence observed in every Signatera MRD-positive instance, this analysis reinforces the usefulness of Signatera in overseeing non-metastatic, surgically treated NSCLC.

  • Natera (NTRA) Stock Spiked Despite Insider Selling

    Natera (NTRA) Stock Spiked Despite Insider Selling

    Natera, Inc. (NASDAQ: NTRA) embarked on a positive trajectory last Friday, experiencing a notable 5.40% surge, culminating in the weekend session’s closure at $42.74. Notably, this surge persisted in the face of insider selling activity. In an SEC filing, it was revealed that NTRA Co-Founder Sheena Jonathan sold a sum of 6000 shares. The transactions were carried out at an average price of $40.29 per share for total proceeds of $241,501.

    Furthermore, Natera (NTRA) made headlines last week with the announcement of a significant development. The Journal of the American Society of Nephrology recently published preliminary findings from the RenaCARE (Renasight Clinical Application, Review, and Evaluation) study.

    This comprehensive, multi-center prospective study aimed to evaluate the prevalence and implications of genetic testing within the chronic kidney disease (CKD) population. An impressive 1,623 CKD patients were enrolled across 31 community and academic medical centers, each subjected to Natera’s Renasight genetic test, which examines 385 kidney-related genes.

    The results from the RenaCARE investigation unveiled that a noteworthy 20.8% of CKD patients presented positive genetic findings. This led to transformative outcomes, with 48.8% of patients receiving novel or reclassified diagnoses and 34% obtaining insights into their disease subtype. Remarkably, 90.7% of the positively identified patients witnessed modifications in their treatment plans, with 32.9% experiencing alterations in their therapeutic strategies.

    This pivotal RenaCARE study underscores the critical role of genetic testing in mitigating the inherent limitations in conventional CKD diagnostics. It conclusively demonstrates the inherent worth of genetic testing in enhancing the precision of clinical CKD diagnoses, thereby enabling healthcare providers to customize management strategies and therapeutic interventions for individual patients.

    Natera’s groundbreaking study underscores the urgency of integrating genetic testing more comprehensively into the realm of kidney care, with the ultimate objective of initiating or modifying management protocols at the earliest juncture.

  • Natera, Inc. (NTRA) plunged into the Current Market; here is why?

    Natera, Inc. (NTRA) plunged into the Current Market; here is why?

    Natera, Inc. (NTRA) plunged into the current market after the company was found guilty of making false claims in an advertisement. NTRA values $30.80, losing more than 14% compared to the previous closing price. The stock closed at $35.89 at the end of the last trading session. The stock volume traded in the previous trading session was around 3.08 million shares. The current market cap of the company is about $3.72 billion.

    NTRA found guilty by the court in Fake Claims

    Natera, Inc. (NTRA) has found themselves in hot waters after the jury found them guilty of involving in a false advertisement. The jury reached its decision after representing the evidence that both Natera and CareDx made exaggerated claims in a recent advertisement about their involvement in and funding a scientific publication.

    According to the evidence, the company’s management misled both investors and physicians about the source’s credibility. They claimed that the publication was independent while, in actuality, it was not. The court will later decide on any monetary relief if remains any.

    Even though it was found to have engaged in false advertising, CareDx still claims Natera’s executives are lying about their experience. Scientists have not been able to demonstrate that Natera’s published data and test results are reliable.

    A federal court recently invalidated all of CareDx’s patents against Natera in another case. Natera continues to sue CareDx for patent infringement.

    NTRA: Key Financials

    The company recently announced its fiscal 2021 results. The company’s revenue grew by 60% to reach $625 million. Its net loss was $472 million losing more than 105% compared to the previous year. Although, its cash and cash equivalent saw a massive rise of 73% to reach $84.39 million.

    Conclusion

    However, the company’s growth rate was good enough in fiscal 2021, but the current controversy will have a severe blow to its stock price in the short-run if not in the long run. After much controversy, companies may lose their consumers’ trust, severely affecting their revenue, growth rate, and stock price.