Natera Inc (NTRA) CEO and President Steven Chapman Sells 1,698 S
Natera Inc (NTRA) CEO Steven Chapman sold 1,698 shares at $320.99 each on September 1, 2026, per SEC filing. He now owns 98,199 shares. Over the past year, he sold 433,410 shares with no purchases. Natera's stock is trading at $320.99, with a market cap of $47.23 billion, but is considered significantly overvalued by GuruFocus.
How this was made
The 30-second read
Why it matters
Insider selling, especially by the CEO, can be interpreted as a bearish signal, though the transaction size is modest relative to holdings.
Market read
Provides fresh insider‑sale data that may influence short‑term trading decisions on NTRA.
What to watch
Recent strong earnings and product pipeline could offset negative sentiment from insider sales.
Background
The article reports a recent Form 4 filing showing CEO Steven Chapman’s sale of NTRA shares.
Ticker impact
CEO Steven Chapman sold 1,698 shares at $320.99, reducing his stake to 98,199 shares.
Potential short-term pressure on NTRA price as market digests insider selling.
The sale size is modest but the insider is the CEO; combined with a history of heavy insider selling, it may signal bearish sentiment.
Market effects
May raise concerns for the genetic‑testing sector if multiple insiders are reducing positions.
Limited to US biotech investors; no broader regional effect.
Minimal global impact; primarily relevant to NTRA shareholders.
Counterpoint
The sale could be unrelated to valuation concerns, e.g., personal liquidity needs, and may not affect the stock.
Key entities
- personSteven Chapman
CEO and President of Natera Inc.
- companyNatera Inc.
Genetic testing and diagnostics firm (ticker NTRA).



