Wall Street Zen Upgrades Movano (NASDAQ:MOVE) to Hold

Movano (NASDAQ:MOVE) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Movano in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Movano Stock Performance

Shares of MOVE opened at $13.96 on Friday. Movano has a 52 week low of $4.67 and a 52 week high of $54.40. The firm has a market cap of $12.70 million, a P/E ratio of -1.29 and a beta of 0.80. The firm’s 50-day simple moving average is $9.84 and its 200 day simple moving average is $8.32.

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

Insider Activity at Movano

In other news, CTO Michael Aaron Leabman sold 6,845 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $6.66, for a total transaction of $45,587.70. Following the completion of the sale, the chief technology officer directly owned 22,639 shares in the company, valued at approximately $150,775.74. This represents a 23.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO John Mastrototaro sold 33,069 shares of the 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 sale, the chief executive officer directly owned 56,114 shares in the company, valued at approximately $1,167,171.20. This trade represents a 37.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 94,383 shares of company stock worth $1,524,933. Company insiders own 10.40% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Movano stock. Citadel Advisors LLC acquired a new position in shares of Movano Inc. (NASDAQ:MOVE) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 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 owned by institutional investors.

Movano News Roundup

Here are the key news stories impacting Movano this week:

• Positive Sentiment: Broad US equity strength lifted risk appetite today, which tends to help small-cap and speculative tech/health names like Movano. This market rebound is the clearest near-term technical catalyst supporting MOVE’s uptick. U.S. Stocks Showing Strong Move Back To The Upside
• Neutral Sentiment: Crypto volatility continues (Bitcoin slipping below key levels); that can bleed into sentiment for risk assets but is not a direct driver for Movano’s business. The impact on MOVE is mixed and likely secondary. Bitcoin Price Falls Below $70,000
• Neutral Sentiment: Large institutional crypto flows were active (e.g., Marathon moving BTC into custodial wallets). This is notable for market structure but remains peripheral to Movano’s fundamentals. Marathon Digital Moves 1,318 BTC to Institutional Wallets
• Neutral Sentiment: Company-specific fundamentals remain mixed: Movano’s Nov. quarter showed an EPS beat versus very negative expectations but revenue was far below analyst estimates. With a market cap near the low millions and average daily volume much higher than today’s trading, price moves can be driven more by liquidity and sentiment than by fundamentals. (Background company data)
• Negative Sentiment: Recent sessions of tech weakness and a Nasdaq pullback (earlier this week) are a countervailing risk — if growth/tech sentiment deteriorates again, small speculative names like MOVE can give back gains quickly. U.S. Stocks Move Sharply Lower Amid Continued Tech Weakness

About Movano

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.