Sameer Gulati - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Sameer Gulati. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

Companies with Reported Insider Positions

The SEC filings indicate Sameer Gulati has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Sameer Gulati. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases LC / LendingClub Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LC / LendingClub Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Max	Price at Max	Max Profit ($)	Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Sales LC / LendingClub Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LC / LendingClub Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Min	Price at Min	Max Loss Avoided ($)	Max Loss Avoided (%)
2017-10-26	LC	Gulati Sameer	8,351	5.6405	1,670	28.2025	47,104	188	13.25	-24,976	-53.02
2017-09-26	LC	Gulati Sameer	8,141	6.0175	1,628	30.0875	48,988
2017-08-28	LC	Gulati Sameer	17,366	6.0850	3,473	30.4250	105,672
2017-07-26	LC	Gulati Sameer	8,305	5.0791	1,661	25.3955	42,182
2017-06-26	LC	Gulati Sameer	8,170	5.6952	1,634	28.4760	46,530
2017-05-26	LC	Gulati Sameer	125,555	5.6414	25,111	28.2070	708,306
2017-04-26	LC	Gulati Sameer	5,857	5.9549	1,171	29.7745	34,878
2017-03-27	LC	Gulati Sameer	5,875	5.2319	1,175	26.1595	30,737
2017-02-27	LC	Gulati Sameer	5,693	5.6590	1,139	28.2950	32,217
2017-01-26	LC	Gulati Sameer	6,921	6.0692	1,384	30.3460	42,005
2016-12-27	LC	Gulati Sameer	5,610	5.4885	1,122	27.4425	30,790
2016-11-28	LC	Gulati Sameer	6,047	5.8072	1,209	29.0360	35,116
2016-10-26	LC	Gulati Sameer	5,854	4.9468	1,171	24.7340	28,959
2016-09-26	LC	Gulati Sameer	6,105	6.0834	1,221	30.4170	37,139
2016-08-26	LC	Gulati Sameer	5,826	5.6008	1,165	28.0040	32,630
2016-07-26	LC	Gulati Sameer	5,489	4.6016	1,098	23.0080	25,258
2016-06-27	LC	Gulati Sameer	8,072	4.2932	1,614	21.4660	34,655

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Trading History

This table shows the complete list of insider trades made by Sameer Gulati as disclosed to the Securities Exchange Commission (SEC).