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

Wall Street Zen upgraded shares of Movano (NASDAQ:MOVE) from a sell rating to a hold rating in a research note released on Saturday.

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

Movano Trading Up 2.9%

Shares of NASDAQ MOVE opened at $13.96 on Friday. Movano has a 1-year low of $4.67 and a 1-year high of $54.40. The company has a 50-day moving average of $9.84 and a two-hundred day moving average of $8.31. The company has a market cap of $11.59 million, a PE ratio of -1.29 and a beta of 0.81.

Movano (NASDAQ:MOVE) last posted its quarterly earnings data 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 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 analysts’ expectations of $3.88 million.

Insider Buying and Selling at Movano

In related news, CTO Michael Aaron Leabman sold 6,845 shares of the stock in a transaction that occurred on 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 directly owned 22,639 shares in the company, valued at $150,775.74. This trade represents a 23.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John Mastrototaro sold 33,069 shares of Movano stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $20.80, for a total transaction of $687,835.20. Following the transaction, the chief executive officer directly owned 56,114 shares in the company, valued at $1,167,171.20. The trade was a 37.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 94,383 shares of company stock valued at $1,524,933. 10.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Movano

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 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned 5.94% of Movano at the end of the most recent quarter. Institutional investors and hedge funds own 16.64% of the company’s stock.

Key Stories Impacting 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.