Natera Executive Chairman Matthew Rabinowitz sold 101,000 shares of company stock on September 14 and 15. The total value of the transactions reached approximately $34.8 million. Sales prices ranged from weighted averages of $328.09 to $351.25 per share. Rabinowitz conducted the trades under a pre-arranged Rule 10b5-1 trading plan.
The sale occurred as Natera stock trades near its 52-week high. The company's share price has climbed roughly 97% over the last 12 months.
Rabinowitz retains a significant ownership stake following the divestment. He continues to hold more than 2.1 million shares of Natera common stock directly.