Movano Inc. (NASDAQ:MOVE – Get Free Report) CFO Jeremy Cogan sold 28,736 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $20.78, for a total transaction of $597,134.08. Following the sale, the chief financial officer owned 60,504 shares of the company’s stock, valued at approximately $1,257,273.12. The trade was a 32.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Jeremy Cogan also recently made the following trade(s):
- On Tuesday, January 6th, Jeremy Cogan sold 8,218 shares of Movano stock. The shares were sold at an average price of $7.79, for a total transaction of $64,018.22.
- On Monday, January 5th, Jeremy Cogan sold 1,879 shares of Movano stock. The shares were sold at an average price of $8.35, for a total transaction of $15,689.65.
Movano Trading Down 11.0%
MOVE traded down $2.26 on Wednesday, hitting $18.26. 536,287 shares of the company were exchanged, compared to its average volume of 3,181,755. The firm has a 50-day moving average price of $9.08 and a two-hundred day moving average price of $7.82. Movano Inc. has a twelve month low of $4.67 and a twelve month high of $55.00. The company has a market cap of $15.16 million, a price-to-earnings ratio of -1.69 and a beta of 0.79.
More Movano News
Here are the key news stories impacting Movano this week:
- Positive Sentiment: Short interest fell sharply in January (down ~41.4% to 25,442 shares, ~3.4% of the float; days‑to‑cover ~0.9), reducing one potential source of forced selling and signaling fewer active short positions covering the name — a constructive technical backdrop.
- Positive Sentiment: Technical: a recent note flagged that MOVE cleared its 200‑day moving average, which can attract momentum buyers and suggests the stock has regained some longer‑term technical support. Article Title
- Neutral Sentiment: Multiple market-wide LULD pauses and trading halts for “MOVE” were recorded yesterday, increasing intraday volatility and temporarily interrupting normal price discovery — these pauses can amplify moves but are procedural, not company‑specific.
- Negative Sentiment: Insider selling — CEO John Mastrototaro sold 33,069 shares at an average ~$20.80 (reducing his holding ~37%). Large CEO sales often trigger investor concern about insider conviction and can directly add selling pressure. SEC Filing
- Negative Sentiment: Insider selling — CFO Jeremy Cogan sold 28,736 shares at an average ~$20.78 (reducing his holding ~32%). Combined with the CEO sale, executive exits of this size are likely the primary proximate cause of the down‑move as they increase circulating supply and worry some investors. SEC Filing
- Negative Sentiment: Fundamentals remain mixed: last reported quarter (Nov 14) showed an EPS beat on a deeply negative base but revenue materially missed consensus and the company has a tiny market cap and volatile margins — fundamental risk remains high and may amplify selloffs when insiders liquidate.
Analyst Upgrades and Downgrades
MOVE has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Movano in a report on Thursday, January 22nd. Wall Street Zen lowered shares of Movano from a “hold” rating to a “sell” rating in a report on Saturday, January 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Movano has a consensus rating of “Sell”.
Check Out Our Latest Report on Movano
Institutional Trading of Movano
An institutional investor recently bought a new position in Movano stock. Citadel Advisors LLC acquired a new position in Movano Inc. (NASDAQ:MOVE – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned approximately 5.94% of Movano at the end of the most recent reporting period. Hedge funds and other institutional investors own 16.64% of the company’s stock.
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.
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