Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
"Insider Buying" is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That's why people pay attention to insider buying.
- DD Global Holdings Ltd - >10% Owner, Sold $68,565,000 worth of shares on 2 months ago
- MURTHY RAMESH - SVP, ICFO and CAO, $1,611 worth of shares on 1 day ago
- Thomas Dattilo - Director, Bought $260,000 worth of shares on 2 months ago
- MURTHY RAMESH - SVP, ICFO and CAO, Sold $15,172 worth of shares on 3 months ago
In addition, TradingView issued a Sell rating for GOEV over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook.
Summary: Canoo Inc. is engaged in developing breakthrough electric vehicles with a proprietary and highly versatile EV platform for personal and business use. Canoo Holdings Ltd., formerly known as Hennessy Capital Acquisition Corp. IV, is based in NEW YORK.
- Last Price: $3.15
- Price Change: $0.05, 1.6129%
- Yearly Gain: -58.14%
- Market Cap: $757.58M
- P/E Ratio: -1.633
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