NASDAQ · Health Care

NATERA INC NTRA

Natera is a cell-free DNA testing company focused on women's health, oncology, and organ health. It should be analyzed as a high-growth molecular diagnostics platform, with attention to test volume, reimbursement, clinical evidence, and sales efficiency.

Medical Specialities

Company profile

Business mix

  • Women's health: non-invasive prenatal screening and carrier screening are important revenue bases.
  • Oncology: ctDNA and molecular residual disease tests support cancer monitoring, treatment response, and recurrence-risk assessment.
  • Organ health: transplant monitoring and organ-health testing expand long-term clinical use cases.

Current key questions

  • Can test-volume growth, average selling price, and reimbursement keep supporting revenue expansion?
  • Can oncology and organ-health products use clinical data to broaden indications and physician adoption?
  • When can the company produce durable cash flow and margin improvement despite high R&D, sales, and lab-processing costs?
Holders 2 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE N/A FCF 0.34% Buyback -7.96%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Coatue Management Philippe Laffont 1.7% $508.3M 2026-03-31
Duquesne Family Office Stanley Druckenmiller 18.1% $612,691 2026-03-31

Recent trading changes over the last 3 quarters

Net buyers 2 Last 3 13F filing periods
Net reducers 1 Last 3 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $485.8M Estimated from net added shares
Reduction amount $4,317 Estimated from net reduced shares
Net share change / base shares +74.4% +2,421,558 / 3,255,516
Coatue Management Philippe Laffont 2 filing periods
13F 2025-12-31 Filed 2026-02-17
Major increase Shares 1446.1% 13F value change +$575.9M
13F 2026-03-31 Filed 2026-05-15
Minor reduction Shares -3.5% 13F value change -$94.9M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 170,326 Last 3 periods +2,371,516 (+1392.3%) Total shares 2,541,842 Value $508.3M
Duquesne Family Office Stanley Druckenmiller 3 filing periods
13F 2025-09-30 Filed 2025-11-14
Minor increase Shares 4.2% 13F value change -$3,769
13F 2025-12-31 Filed 2026-02-17
Major reduction Shares -21.9% 13F value change +$57,884
13F 2026-03-31 Filed 2026-05-15
Major increase Shares 22.0% 13F value change +$37,364
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 3,085,190 Last 3 periods -21,584 (-0.7%) Total shares 3,063,606 Value $612,691
Gotham Asset Management Joel Greenblatt 3 filing periods
13F 2025-03-31 Filed 2025-05-15
New Shares - 13F value change +$16.2M
13F 2025-06-30 Filed 2025-08-14
Minor reduction Shares -11.3% 13F value change +$960,152
13F 2025-09-30 Filed 2025-11-14
Major reduction Shares -29.5% 13F value change -$5.6M
Settlement As of 13F 2025-09-30 · Filed 2025-11-14
Base shares 0 Last 3 periods +71,626 (New) Total shares 71,626 Value $11.5M

Recent mentions

No public mentions.