Movano (NASDAQ:MOVE) CTO Michael Aaron Leabman Sells 6,845 Shares of Stock

Movano Inc. (NASDAQ:MOVE) CTO Michael Aaron Leabman sold 6,845 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $6.66, for a total transaction of $45,587.70. Following the completion of the sale, the chief technology officer directly owned 22,639 shares in the company, valued at $150,775.74. This represents a 23.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, January 13th, Michael Aaron Leabman sold 2,076 shares of Movano stock. The stock was sold at an average price of $6.94, for a total value of $14,407.44.
• 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 value of $23,672.77.
• On Friday, January 9th, Michael Aaron Leabman sold 783 shares of Movano stock. The shares were 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 value of $26,085.18.
• On Wednesday, January 7th, Michael Aaron Leabman sold 3,293 shares of Movano stock. The stock was sold at an average price of $7.34, for a total value of $24,170.62.

Movano Price Performance

Shares of MOVE stock opened at $6.92 on Thursday. Movano Inc. has a one year low of $4.67 and a one year high of $58.76. The stock has a market cap of $5.78 million, a P/E ratio of -0.64 and a beta of 0.79. The company has a fifty day moving average price of $8.89 and a two-hundred day moving average price of $7.56.

Movano (NASDAQ:MOVE) last announced its quarterly 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. 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.

Movano News Roundup

Here are the key news stories impacting Movano this week:

• Positive Sentiment: Institutional buying: Citadel Advisors added a new stake in Movano in Q3 (49,262 shares), which signals some institutional interest and provides a modest demand anchor for the stock. MarketBeat MOV E profile
• Positive Sentiment: Short interest declined in late December (down ~29% vs. mid‑December), lowering one source of short‑squeeze pressure and marginally reducing downward technical risk. Short interest detail
• Neutral Sentiment: Broader market/geo risk: U.S. stocks were weaker amid rising geopolitical tensions today, which hit small-cap and tech names harder and likely amplified Movano’s downside. RTT News: Market Move
• Negative Sentiment: Significant insider selling — CTO Michael Aaron Leabman sold multiple tranches (e.g., 6,845 shares on Jan. 14 at ~$6.66; earlier sales Jan. 12–13 at ~$7.01–$6.94). Large, clustered insider sales in a low‑float stock can weigh heavily on sentiment and price. SEC filing (Leabman)
• Negative Sentiment: Additional insider selling — CFO Jeremy Cogan disclosed recent sales (8,218 shares on Jan. 6 at ~$7.79 and 1,879 shares on Jan. 5 at ~$8.35), further reducing insider ownership and pressuring sentiment. SEC filing (Cogan)
• Negative Sentiment: Weak fundamentals amplify risk — Movano’s latest quarterly report (Nov. 14) showed a large EPS loss despite beating the consensus loss, with essentially negligible revenue (~$0.08M vs. est. ~$3.9M). For a tiny public company, very low top‑line and deeply negative margins increase execution and dilution risk. Earnings summary
• Negative Sentiment: Structural/analyst backdrop: Movano’s market cap is very small (~$5–6M) with low average volume and an average analyst rating near “Sell” — factors that magnify volatility and make recovery catalysts harder to materialize absent meaningful operational progress. Company profile & ratings

Institutional Trading of Movano

An institutional investor recently bought a new position in Movano stock. Citadel Advisors LLC bought a new position in Movano Inc. (NASDAQ:MOVE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 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 quarter. Institutional investors own 16.64% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. 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, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Movano Company Profile

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.