Geode Capital Management LLC Has $295,000 Stock Position in Movano Inc. (NASDAQ:MOVE)

Geode Capital Management LLC lessened its stake in Movano Inc. (NASDAQ:MOVE) by 93.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,817 shares of the technology company’s stock after selling 713,899 shares during the quarter. Geode Capital Management LLC owned 0.80% of Movano worth $295,000 at the end of the most recent reporting period.

Separately, Clayton Partners LLC bought a new stake in Movano in the 4th quarter valued at $609,000. Hedge funds and other institutional investors own 16.64% of the company’s stock.

Movano Trading Up 3.5 %

MOVE stock opened at $0.89 on Friday. The stock has a 50-day moving average price of $1.92 and a two-hundred day moving average price of $3.94. Movano Inc. has a 1 year low of $0.71 and a 1 year high of $8.85. The stock has a market cap of $6.26 million, a PE ratio of -0.17 and a beta of 0.95.

Movano (NASDAQ:MOVE) last posted its quarterly earnings data on Wednesday, April 9th. The technology company reported ($0.61) earnings per share for the quarter, topping the consensus estimate of ($0.97) by $0.36. The firm had revenue of $0.11 million for the quarter, compared to analyst estimates of $1.50 million.

Movano Company Profile

Movano Inc engages in developing a platform to deliver healthcare solutions at the intersection of medical and consumer devices. The company is involved in the development of Evie Ring, which is a wearable designed specifically for women that combines health and wellness metrics comprises resting heart rate, heart rate variability (HRV), blood oxygen saturation (SpO2), respiration rate, skin temperature variability, period and ovulation tracking, and menstrual symptom tracking, as well as activity profile, including steps, active minutes and calories burned, sleep stages and duration, and mood tracking.