Movano (NASDAQ:MOVE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Movano (NASDAQ:MOVEFree Report) from a sell rating to a hold rating in a research report sent to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Movano in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Movano presently has an average rating of “Sell”.

Check Out Our Latest Analysis on MOVE

Movano Stock Up 13.6%

NASDAQ:MOVE opened at $12.95 on Friday. The firm has a market capitalization of $14.76 million, a PE ratio of -1.20 and a beta of 0.87. Movano has a 12-month low of $4.67 and a 12-month high of $46.60. The firm has a 50-day moving average price of $10.91 and a 200 day moving average price of $8.92.

Insider Activity at Movano

In other news, CEO John Mastrototaro sold 33,069 shares of Movano stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $20.80, for a total value of $687,835.20. Following the completion of the sale, the chief executive officer directly owned 56,114 shares of the company’s stock, valued at approximately $1,167,171.20. This trade represents a 37.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Michael Aaron Leabman sold 6,845 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $6.66, for a total value of $45,587.70. Following the transaction, the chief technology officer directly owned 22,639 shares in the company, valued at $150,775.74. This trade represents a 23.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 94,383 shares of company stock valued at $1,524,933 over the last quarter. Corporate insiders own 10.40% of the company’s stock.

Hedge Funds Weigh In On Movano

An institutional investor recently bought a new position in Movano stock. Citadel Advisors LLC acquired a new stake in Movano Inc. (NASDAQ:MOVEFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned about 5.94% of Movano as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 16.64% of the company’s stock.

Trending Headlines about Movano

Here are the key news stories impacting Movano this week:

Movano Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Movano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Movano and related companies with MarketBeat.com's FREE daily email newsletter.