MOVE CFO Jeremy Cogan sold 28,736 shares in 5 transactions on 2026-01-27 for $597,258.10, reducing stake by 32.2%; stock now down 65.8% from 52-week high.
CFO Jeremy Cogan executed 5 separate sales totaling 28,736 shares for $597,258.10 across a narrow price range from $19.11 to $23.37, reducing his holdings from 89,240 to 60,504 shares (32.2% reduction). At the time of sale, the blended average transaction price was $20.78, but the stock now trades at $13.45, placing it 65.8% below its 52-week high of $39.32 and representing a -32.8% decline from his execution prices. The company remains unprofitable with quarterly revenue of $80,000.00 and net income of -$4,029,000.00. Prior to this sale, Cogan's same-ticker history shows mixed outcomes: one buy on 2023-11-14 achieved substantial 30-day and 90-day returns (+8944.1% and +7696.5% respectively), while another buy on 2024-04-02 showed weak 90-day performance (-39.3%). The subsequent price action following this January 2026 sale—with stock declining materially from execution—aligns with what would constitute well-timed insider selling, though the magnitude of the decline warrants examination of underlying company fundamentals and whether external factors drove both the insider's disposition and the subsequent stock weakness.