SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) EVP Kelli Keough sold 11,181 shares of the business's stock in a transaction on Monday, April 21st. The shares were sold at an average price of $10.71, for a total transaction of $119,748.51. Following the sale, the executive vice president now directly owns 215,029 shares of the company's stock, valued at $2,302,960.59. This represents a 4.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Kelli Keough also recently made the following trade(s):
- On Thursday, March 20th, Kelli Keough sold 11,181 shares of SoFi Technologies stock. The shares were sold at an average price of $12.72, for a total transaction of $142,222.32.
- On Thursday, February 20th, Kelli Keough sold 9,185 shares of SoFi Technologies stock. The stock was sold at an average price of $15.43, for a total transaction of $141,724.55.
SoFi Technologies Trading Up 4.4 %
SoFi Technologies stock opened at $11.77 on Thursday. SoFi Technologies, Inc. has a one year low of $6.01 and a one year high of $18.42. The company's fifty day moving average price is $12.35 and its two-hundred day moving average price is $13.55. The company has a market capitalization of $12.90 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 2.24 and a beta of 1.86. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.49 and a quick ratio of 0.18.
SoFi Technologies (NASDAQ:SOFI - Get Free Report) last posted its earnings results on Monday, January 27th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.01. SoFi Technologies had a return on equity of 3.82% and a net margin of 18.64%. During the same period last year, the company posted $0.04 earnings per share. On average, analysts forecast that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Berkshire Capital Holdings Inc. boosted its holdings in SoFi Technologies by 6,208,000.0% during the fourth quarter. Berkshire Capital Holdings Inc. now owns 620,810 shares of the company's stock valued at $9,560,000 after acquiring an additional 620,800 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of SoFi Technologies during the 4th quarter worth about $3,703,000. Hanseatic Management Services Inc. bought a new stake in SoFi Technologies during the 4th quarter valued at approximately $1,116,000. Kercheville Advisors LLC acquired a new stake in SoFi Technologies in the 4th quarter valued at approximately $1,594,000. Finally, Baltimore Washington Financial Advisors Inc. increased its position in SoFi Technologies by 12.9% in the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 592,930 shares of the company's stock worth $9,131,000 after buying an additional 67,779 shares during the period. 38.43% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
SOFI has been the subject of several recent analyst reports. Needham & Company LLC raised their price objective on shares of SoFi Technologies from $13.00 to $20.00 and gave the stock a "buy" rating in a report on Tuesday, January 28th. Citigroup lifted their price objective on shares of SoFi Technologies from $12.50 to $18.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. Keefe, Bruyette & Woods restated an "underperform" rating and set a $8.00 price objective (up previously from $7.00) on shares of SoFi Technologies in a research report on Thursday, January 2nd. Dbs Bank upgraded shares of SoFi Technologies to a "strong-buy" rating in a research report on Friday, February 21st. Finally, William Blair reiterated an "outperform" rating on shares of SoFi Technologies in a research report on Friday, January 24th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $12.50.
Check Out Our Latest Stock Analysis on SoFi Technologies
SoFi Technologies Company Profile
(
Get Free Report)
SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.
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