Movano (NASDAQ:MOVE) CTO Sells 3,593 Shares

Movano Inc. (NASDAQ:MOVE) CTO Michael Aaron Leabman sold 3,593 shares of the stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $7.26, for a total value of $26,085.18. Following the transaction, the chief technology officer directly owned 35,720 shares of the company’s stock, valued at approximately $259,327.20. This trade represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Michael Aaron Leabman also recently made the following trade(s):

• On Friday, January 9th, Michael Aaron Leabman sold 783 shares of Movano stock. The shares were sold at an average price of $7.27, for a total value of $5,692.41.
• On Wednesday, January 7th, Michael Aaron Leabman sold 3,293 shares of Movano stock. The stock was sold at an average price of $7.34, for a total value of $24,170.62.

Movano Stock Down 6.9%

MOVE traded down $0.52 during trading hours on Monday, hitting $6.97. The stock had a trading volume of 24,936 shares, compared to its average volume of 32,819. Movano Inc. has a 1 year low of $4.67 and a 1 year high of $58.76. The company’s fifty day simple moving average is $8.79 and its 200 day simple moving average is $7.57. The stock has a market cap of $5.82 million, a PE ratio of -0.64 and a beta of 0.79.

Movano (NASDAQ:MOVE) last issued its earnings results on Friday, November 14th. The technology company reported ($4.73) earnings per share for the quarter, topping analysts’ consensus estimates of ($7.00) by $2.27. The firm had revenue of $0.08 million during the quarter, compared to analyst estimates of $3.88 million. Movano had a negative net margin of 3,409.60% and a negative return on equity of 647.91%.

Institutional Investors Weigh In On Movano

An institutional investor recently bought a new position in Movano stock. Citadel Advisors LLC bought a new position in shares of Movano Inc. (NASDAQ:MOVE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned approximately 5.94% of Movano as of its most recent SEC filing. 16.64% of the stock is currently owned by hedge funds and other institutional investors.

Movano News Summary

Here are the key news stories impacting Movano this week:

• Positive Sentiment: Short interest fell in December: as of Dec. 31 short interest dropped to 43,438 shares (‑29.1% vs Dec. 15). That represented roughly 5.8% of shares sold short and a days-to-cover of about 0.5, which reduces immediate squeeze risk and can be viewed as a short‑term positive for the stock.
• Neutral Sentiment: January short-interest report flagged a “significant increase” as of Jan. 12 but the published figures show 0 shares and an NaN change — an internal data/reporting inconsistency. Investors should treat this as unresolved data; a confirmed rise in short interest would be bearish, but the current entry looks like a reporting error and warrants watching for corrected filings.
• Negative Sentiment: Underlying fundamentals remain weak: most recent quarterly results showed a smaller-than-expected EPS loss but revenue was essentially negligible relative to estimates and the company reported extreme negative margins and return on equity. Those results underscore continued cash-burn and revenue execution risk for this very small‑cap company.
• Negative Sentiment: Low market cap and thin liquidity amplify moves: Movano’s market capitalization and average volume are small, so headline-driven flows (shorting, data corrections, or small trades) can produce outsized price swings. That structural risk likely contributes to the downward pressure today.

Wall Street Analysts Forecast Growth

MOVE has been the topic of several recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Movano in a research report on Wednesday, October 8th. Wall Street Zen upgraded Movano to a “hold” rating in a research note on Saturday, December 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Movano Company Profile

Movano Health, Inc (NASDAQ: MOVE) is a health technology company focused on developing wearable devices for continuous biometric monitoring. The company’s core mission is to provide accessible, real-time health insights through noninvasive sensors, enabling individuals and care teams to track vital signs and physiological trends outside of traditional clinical settings.

Movano’s flagship product is a biometric monitoring ring designed to measure parameters such as heart rate, blood oxygen saturation, skin temperature, and sleep quality.