Michael Aaron Leabman Sells 2,076 Shares of Movano (NASDAQ:MOVE) Stock

Movano Inc. (NASDAQ:MOVE) CTO Michael Aaron Leabman sold 2,076 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $6.94, for a total transaction of $14,407.44. Following the completion of the sale, the chief technology officer owned 29,484 shares in the company, valued at $204,618.96. This represents a 6.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Michael Aaron Leabman also recently made the following trade(s):

• On Wednesday, January 14th, Michael Aaron Leabman sold 6,845 shares of Movano stock. The shares were sold at an average price of $6.66, for a total transaction of $45,587.70.
• On Monday, January 12th, Michael Aaron Leabman sold 3,377 shares of Movano stock. The stock was sold at an average price of $7.01, for a total transaction of $23,672.77.
• On Friday, January 9th, Michael Aaron Leabman sold 783 shares of Movano stock. The stock was sold at an average price of $7.27, for a total transaction of $5,692.41.
• On Thursday, January 8th, Michael Aaron Leabman sold 3,593 shares of Movano stock. The shares were sold at an average price of $7.26, for a total transaction of $26,085.18.
• On Wednesday, January 7th, Michael Aaron Leabman sold 3,293 shares of Movano stock. The shares were sold at an average price of $7.34, for a total transaction of $24,170.62.

Movano Trading Up 1.6%

Shares of Movano stock opened at $7.03 on Friday. The stock’s fifty day simple moving average is $8.92 and its 200 day simple moving average is $7.56. The company has a market capitalization of $5.83 million, a PE ratio of -0.65 and a beta of 0.79. Movano Inc. has a 12 month low of $4.67 and a 12 month high of $58.76.

Movano (NASDAQ:MOVE) last posted its earnings results on Friday, November 14th. The technology company reported ($4.73) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $3.88 million.

Key Movano News

Here are the key news stories impacting Movano this week:

• Positive Sentiment: Institutional interest — Citadel Advisors disclosed a new position in MOVE (49,262 shares), signaling some institutional demand that can support the price in a thinly traded name. Read More.
• Positive Sentiment: Short interest eased in late December (decline vs. mid‑December), reducing one source of downward pressure and making the stock more responsive to small buying flows. Read More.
• Neutral Sentiment: Broader market context — geopolitical headlines and small‑cap weakness have driven volatility across the market this week; Movano’s moves may partly reflect sector / market flows rather than company‑specific news. Read More.
• Negative Sentiment: Clustered insider selling — CTO Michael Aaron Leabman sold multiple tranches this week (largest: 6,845 shares on Jan. 14 at ~$6.66), and other recent sales by him are disclosed in SEC filings. Concentrated insider sales in a microcap raise red flags for sentiment. Read More.
• Negative Sentiment: Additional insider exits — CFO Jeremy Cogan also disclosed notable sales in early January, further reducing insider stakes and adding to selling pressure. Read More.
• Negative Sentiment: Weak operating fundamentals — Movano’s latest quarterly results (Nov. 14) showed a large EPS loss despite beating consensus on the loss figure, with essentially negligible revenue (~$0.08M vs. analyst expectations materially higher). For a very small public company, that raises execution and dilution risk. Read More.
• Negative Sentiment: Microcap structural risk — tiny market cap, low average daily volume and an analyst consensus skewed to “Sell” amplify volatility and make it difficult for positive catalysts to sustain a rally absent operational progress. Read More.

Hedge Funds Weigh In On Movano

An institutional investor recently bought a new position in Movano stock. Citadel Advisors LLC purchased a new position in shares of Movano Inc. (NASDAQ:MOVE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MOVE has been the topic of several research analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of Movano in a report on Wednesday, October 8th. Wall Street Zen raised shares of Movano to a “hold” rating in a research report on Saturday, December 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

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.