Movano (NASDAQ:MOVE) Upgraded to “Hold” at Wall Street Zen

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

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

Movano Stock Up 2.9%

Shares of MOVE opened at $13.96 on Friday. The company has a 50 day moving average of $9.84 and a two-hundred day moving average of $8.31. Movano has a twelve month low of $4.67 and a twelve month high of $54.40. The company has a market cap of $11.59 million, a price-to-earnings ratio of -1.29 and a beta of 0.81.

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

Insider Buying and Selling

In other news, CEO John Mastrototaro sold 33,069 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 56,114 shares of the company’s stock, valued at $1,167,171.20. The trade was a 37.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Michael Aaron Leabman sold 6,845 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $6.66, for a total value of $45,587.70. Following the sale, the chief technology officer owned 22,639 shares in the company, valued at $150,775.74. This trade represents a 23.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 94,383 shares of company stock worth $1,524,933 in the last three months. Corporate 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 purchased a new position in shares of Movano Inc. (NASDAQ:MOVE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned 5.94% of Movano as of its most recent SEC filing. Hedge funds and other institutional investors own 16.64% of the company’s stock.

Trending Headlines about Movano

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.