Natera (NTRA)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	945.59 mm	945.59 mm	945.59 mm	945.59 mm	945.59 mm	945.59 mm
Cash burn (monthly)	(no burn)	(no burn)	21.58 mm	18.52 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	77.88 mm	66.85 mm	n/a	n/a
Cash remaining	n/a	n/a	867.71 mm	878.73 mm	n/a	n/a
Runway (months of cash)	n/a	n/a	40.2	47.4	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Natera earnings reports.

Institutional ownership, Q4 2024

NTRA institutional ownership history Ownership history

95.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	588	494	+19.0%
Opened positions	142	68	+108.8%
Closed positions	48	48	–
Increased positions	183	176	+4.0%
Reduced positions	204	195	+4.6%

13F shares	Current	Prev Q	Change
Total value	17.48 tn	13.90 tn	+25.7%
Total shares	128.93 mm	124.14 mm	+3.9%
Total puts	1.00 mm	189.70 k	+429.6%
Total calls	821.27 k	303.40 k	+170.7%
Total put/call ratio	1.2	0.6	+95.6%

Largest owners	Shares	Value	Change
Vanguard	12.32 mm	$1.95 tn	+7.7%
BlackRock	9.18 mm	$1.45 tn	+11.5%
T. Rowe Price	6.74 mm	$1.07 bn	+134.9%
JPM JPMorgan Chase & Co.	6.70 mm	$1.06 tn	+44.7%
Farallon Capital Management	4.43 mm	$701.52 bn	-2.8%
Alger Associates	4.01 mm	$508.44 mm	0.0%
Duquesne Family Office	3.57 mm	$564.63 mm	0.0%
Wellington Management	3.24 mm	$512.90 bn	+15.7%
Fred Alger Management	3.02 mm	$477.72 bn	-24.8%
STT State Street	2.99 mm	$473.47 bn	-14.4%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	6.74 mm	+3.87 mm	+134.9%
JPM JPMorgan Chase & Co.	6.70 mm	+2.07 mm	+44.7%
Norges Bank	1.42 mm	+1.42 mm	NEW
Millennium Management	396.84 k	-1.02 mm	-72.0%
Fred Alger Management	3.02 mm	-994.18 k	-24.8%
BlackRock	9.18 mm	+947.46 k	+11.5%
RJF Raymond James Financial	924.94 k	+924.94 k	NEW
Alliancebernstein	768.06 k	-893.20 k	-53.8%
GS The Goldman Sachs Group, Inc.	1.69 mm	+887.71 k	+110.0%
Vanguard	12.32 mm	+879.46 k	+7.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NTRA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
4 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	No	Yes	136.05	100	13.61 k	255,249
4 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	No	Yes	135.2433	300	40.57 k	255,349
4 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	No	Yes	133.86	400	53.54 k	255,649
4 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	No	Yes	133.2752	1,050	139.94 k	256,049
4 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	No	Yes	132.0414	1,220	161.09 k	257,099
3 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	Yes	Yes	140.9422	355	50.03 k	40,282
3 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	Yes	Yes	140.0026	395	55.30 k	40,637
3 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	Yes	Yes	138.5498	490	67.89 k	41,032
3 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	Yes	Yes	137.0806	260	35.64 k	41,522
3 Apr 25	Sheena Jonathan	Common Stock	Sell	Dispose S	Yes	Yes	141.28	100	14.13 k	40,282