Movano (NASDAQ:MOVE) CEO Sells $20,639.94 in Stock

Key Points

  • CEO insider sale: John Mastrototaro sold 2,514 shares on Jan. 5 at an average of $8.21 for $20,639.94, reducing his holding by about 36% to 4,430 shares.
  • Weak fundamentals despite an EPS beat: Movano is a micro‑cap (~$6.2M) with a Q3 EPS of -$4.73 that beat estimates but on just $0.08M of revenue and with extremely negative margins and return on equity.
  • Institutional activity but low liquidity: Citadel Advisors disclosed a new stake of 49,262 shares (~5.94%), yet the stock’s tiny market cap and low liquidity mean insider sales and technical moves can have outsized market impact.

Movano Inc. (NASDAQ:MOVE - Get Free Report) CEO John Mastrototaro sold 2,514 shares of the company's stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $8.21, for a total value of $20,639.94. Following the sale, the chief executive officer owned 4,430 shares in the company, valued at approximately $36,370.30. This trade represents a 36.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Movano Stock Performance

Shares of MOVE opened at $7.50 on Thursday. The stock has a 50-day simple moving average of $8.75 and a 200-day simple moving average of $7.57. The stock has a market capitalization of $6.23 million, a PE ratio of -0.69 and a beta of 0.79. Movano Inc. has a 1 year low of $4.67 and a 1 year high of $59.90.

Movano (NASDAQ:MOVE - Get Free Report) last released 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 for 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%.

Key Movano News




Here are the key news stories impacting Movano this week:

  • Positive Sentiment: Technical breakout: Movano's share price moved above its 200‑day moving average (the stock traded as high as about $8.43), a common momentum signal that can attract short‑term buyers and algorithmic flows. Movano (NASDAQ:MOVE) Share Price Passes Above 200 Day Moving Average – Here’s Why
  • Neutral Sentiment: Context on the stock: MOVE is a very small‑cap, low‑liquidity name (market cap shown at roughly $6.2M) with a 50‑day MA near $8.75 and a 200‑day MA near $7.57; its 52‑week range is wide ($4.67–$59.90), so technical moves can be exaggerated. Movano Stock Page
  • Negative Sentiment: Insider selling: CEO John Mastrototaro sold 2,514 shares on Jan. 5 at an average of $8.21, cutting his holding by ~36%. Insider sales can be read negatively by the market, especially in a tiny company where insider ownership levels matter for confidence. The SEC filing disclosing the sale is available here. SEC Filing: Ownership

Institutional Investors Weigh In On Movano

A hedge fund recently bought a new stake in Movano stock. Citadel Advisors LLC purchased a new stake in Movano Inc. (NASDAQ:MOVE - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 49,262 shares of the technology company's stock, valued at approximately $28,000. Citadel Advisors LLC owned about 5.94% of Movano at the end of the most recent reporting period. Institutional investors own 16.64% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Weiss Ratings reiterated a "sell (e+)" rating on shares of Movano in a research note on Wednesday, October 8th. Wall Street Zen raised Movano to a "hold" rating in a report on Saturday, December 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Movano presently has a consensus rating of "Sell".

Get Our Latest Stock Analysis on MOVE

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.

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