Canoo Inc.
US ˙ OTCPK ˙ US13803R1023

Introduction

This page provides a comprehensive analysis of the known insider trading history of Ramesh Murthy. 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

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Ramesh Murthy has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:GOEV / Canoo Inc. SVP and CAO 178,099
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Ramesh Murthy. 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 GOEVQ / Canoo Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GOEVQ / Canoo Inc.. 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.

GOEVQ / Canoo Inc. Insider Trades
Insider Sales GOEVQ / Canoo Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GOEVQ / Canoo Inc.. 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 (%)
2024-09-17 GOEV MURTHY RAMESH 3,348 1.0500 167 21.0000 3,515 97 0.0790 -3,502 -99.62
2024-07-03 GOEV MURTHY RAMESH 10,948 2.3300 547 46.6000 25,509
2024-01-24 GOEV MURTHY RAMESH 1,217 0.1800 57 3.8700 219
2023-12-26 GOEV MURTHY RAMESH 205 0.2400 10 5.1600 49
2023-11-20 GOEV MURTHY RAMESH 527 0.3200 25 6.8800 169
2023-11-07 GOEV MURTHY RAMESH 1,001 0.2600 47 5.5900 260
2023-10-02 GOEV MURTHY RAMESH 2,707 0.4900 126 10.5350 1,326
2023-08-21 GOEV MURTHY RAMESH 577 0.4300 27 9.2450 248
2023-07-18 GOEV MURTHY RAMESH 992 0.7000 46 15.0500 694
2023-07-05 GOEV MURTHY RAMESH 2,394 0.5500 111 11.8250 1,317
2023-06-16 GOEV MURTHY RAMESH 173 0.7100 8 15.2650 123
2023-05-16 GOEV MURTHY RAMESH 496 0.6300 23 13.5450 312
2023-04-17 GOEV MURTHY RAMESH 945 0.6770 44 14.5555 640
2023-04-03 GOEV MURTHY RAMESH 3,250 0.6500 151 13.9750 2,112
2023-03-16 GOEV MURTHY RAMESH 197 0.5700 9 12.2550 112
2023-02-16 GOEV MURTHY RAMESH 640 0.9100 30 19.5650 582
2023-01-18 GOEV MURTHY RAMESH 1,182 1.3300 55 28.5950 1,572
2023-01-06 GOEV MURTHY RAMESH 13,832 1.1000 643 23.6500 15,215
2022-12-16 GOEV MURTHY RAMESH 170 1.2400 8 26.6600 211
2022-11-23 GOEV MURTHY RAMESH 10,735 1.0600 499 22.7900 11,379
2022-11-16 GOEV MURTHY RAMESH 516 1.4400 24 30.9600 743
2022-10-17 GOEV MURTHY RAMESH 972 1.3800 45 29.6700 1,341
2022-09-16 GOEV MURTHY RAMESH 169 2.7100 8 58.2650 458
2022-08-17 GOEV MURTHY RAMESH 511 3.9000 24 83.8500 1,993
2022-07-19 GOEV MURTHY RAMESH 4,177 4.0500 194 87.0750 16,917
2022-06-23 GOEV MURTHY RAMESH 749 2.3600 35 50.7400 1,768
2022-05-20 GOEV MURTHY RAMESH 439 3.6700 20 78.9050 1,611
2022-02-16 GOEV MURTHY RAMESH 2,459 6.1700 114 132.6550 15,172

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

GOEVQ / Canoo Inc. Insider Trades
Insider Trading History

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

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2024-09-19 2024-09-17 4 GOEV Canoo Inc.
Common Stock
S - Sale -3,348 178,099 -1.85 1.05 -3,515 187,004
2024-07-05 2024-07-03 4 GOEV Canoo Inc.
Common Stock
S - Sale -10,948 181,447 -5.69 2.33 -25,509 422,772
2024-07-05 2024-07-02 4 GOEV Canoo Inc.
Common Stock
A - Award 180,000 192,395 1,452.20
2024-01-25 2024-01-24 4 GOEV Canoo Inc.
Common Stock
S - Sale -1,217 283,669 -0.43 0.18 -219 51,060
2023-12-27 2023-12-26 4 GOEV Canoo Inc.
Common Stock
S - Sale -205 281,886 -0.07 0.24 -49 67,653
2023-11-22 2023-11-20 4 GOEV Canoo Inc.
Common Stock
S - Sale -527 282,091 -0.19 0.32 -169 90,269
2023-11-09 2023-11-07 4 GOEV Canoo Inc.
Common Stock
S - Sale -1,001 282,618 -0.35 0.26 -260 73,481
2023-10-06 2023-10-02 4 GOEV Canoo Inc.
Common Stock
S - Sale -2,707 283,619 -0.95 0.49 -1,326 138,973
2023-08-22 2023-08-21 4 GOEV Canoo Inc.
Common Stock
S - Sale -577 283,326 -0.20 0.43 -248 121,830
2023-07-19 2023-07-18 4 GOEV Canoo Inc.
Common Stock
S - Sale -992 283,903 -0.35 0.70 -694 198,732
2023-07-07 2023-07-05 4 GOEV Canoo Inc.
Common Stock
S - Sale -2,394 284,895 -0.83 0.55 -1,317 156,692
2023-06-20 2023-06-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -173 287,289 -0.06 0.71 -123 203,975
2023-05-18 2023-05-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -496 287,462 -0.17 0.63 -312 181,101
2023-04-20 2023-04-17 4 GOEV Canoo Inc.
Common Stock
S - Sale -945 288,020 -0.33 0.68 -640 194,990
2023-04-05 2023-04-03 4 GOEV Canoo Inc.
Common Stock
S - Sale -3,250 288,965 -1.11 0.65 -2,112 187,827
2023-03-17 2023-03-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -197 292,215 -0.07 0.57 -112 166,563
2023-02-17 2023-02-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -640 292,412 -0.22 0.91 -582 266,095
2023-01-19 2023-01-18 4 GOEV Canoo Inc.
Common Stock
S - Sale -1,182 293,052 -0.40 1.33 -1,572 389,759
2023-01-09 2023-01-06 4 GOEV Canoo Inc.
Common Stock
S - Sale -13,832 294,234 -4.49 1.10 -15,215 323,657
2022-12-20 2022-12-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -170 308,066 -0.06 1.24 -211 382,002
2022-11-25 2022-11-23 4 GOEV Canoo Inc.
Common Stock
S - Sale -10,735 308,236 -3.37 1.06 -11,379 326,730
2022-11-25 2022-11-23 4 GOEV Canoo Inc.
Common Stock
A - Award 43,838 318,971 15.93
2022-11-17 2022-11-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -516 275,133 -0.19 1.44 -743 396,192
2022-10-18 2022-10-17 4 GOEV Canoo Inc.
Common Stock
S - Sale -972 275,649 -0.35 1.38 -1,341 380,396
2022-09-19 2022-09-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -169 276,621 -0.06 2.71 -458 749,643
2022-08-19 2022-08-17 4 GOEV Canoo Inc.
Common Stock
S - Sale -511 276,790 -0.18 3.90 -1,993 1,079,481
2022-07-21 2022-07-19 4 GOEV Canoo Inc.
Common Stock
S - Sale -4,177 277,301 -1.48 4.05 -16,917 1,123,069
2022-06-27 2022-06-23 4 GOEV Canoo Inc.
Common Stock
S - Sale -749 281,170 -0.27 2.36 -1,768 663,561
2022-05-27 2022-05-26 4 GOEV Canoo Inc.
Common Stock
A - Award 175,351 281,919 164.54
2022-05-24 2022-05-20 4 GOEV Canoo Inc.
Common Stock
S - Sale -439 106,568 -0.41 3.67 -1,611 391,105
2022-02-17 2022-02-16 4 GOEV Canoo Inc.
Common Stock
S - Sale -2,459 104,160 -2.31 6.17 -15,172 642,667
2021-12-30 3 GOEV Canoo Inc.
Common Stock
32,887
2021-12-30 3 GOEV Canoo Inc.
Common Stock
10,589
2021-12-30 3 GOEV Canoo Inc.
Common Stock
63,143
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)