Michael Burkes, the Chief Financial Officer of Natera, Inc. (NASDAQ:), recently made several transactions involving the company’s common stock. According to a recent SEC filing, Burkes sold shares totaling $247,378. These sales were executed over several days, with prices ranging from $171.09 to $172.44 per share. The transactions come as Natera’s stock has shown remarkable performance, with InvestingPro data showing a 159% return over the past year.
On January 23, Burkes sold 495 shares at a price of $171.09 each. The following day, January 24, he sold an additional 687 shares at $171.80 per share and 259 shares at $172.44 per share. These transactions were made under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling stocks to avoid potential accusations of insider trading.
Prior to these sales, Burkes acquired 1,250 shares of Natera common stock through the vesting of Restricted Stock…
