SoFi Technologies, Inc. (NASDAQ:SOFI – Get Free Report) EVP Kelli Keough sold 9,308 shares of the firm’s stock in a transaction on Monday, October 21st. The stock was sold at an average price of $10.36, for a total value of $96,430.88. Following the sale, the executive vice president now directly owns 152,203 shares in the company, valued at $1,576,823.08. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Kelli Keough also recently made the following trade(s):
- On Monday, September 23rd, Kelli Keough sold 9,308 shares of SoFi Technologies stock. The stock was sold at an average price of $7.99, for a total value of $74,370.92.
- On Thursday, August 22nd, Kelli Keough sold 24,939 shares of SoFi Technologies stock. The shares were sold at an average price of $7.26, for a total value of $181,057.14.
SoFi Technologies Stock Performance
Shares of NASDAQ SOFI opened at $10.99 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.21 and a current ratio of 0.88. The stock has a 50 day moving average price of $8.31 and a 200 day moving average price of $7.44. The stock has a market capitalization of $11.71 billion, a PE ratio of -45.79, a price-to-earnings-growth ratio of 2.08 and a beta of 1.70. SoFi Technologies, Inc. has a 52 week low of $6.01 and a 52 week high of $11.34.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Stratos Wealth Advisors LLC grew its holdings in SoFi Technologies by 3.3% during the third quarter. Stratos Wealth Advisors LLC now owns 32,610 shares of the company’s stock worth $256,000 after purchasing an additional 1,054 shares during the period. NBC Securities Inc. boosted its stake in shares of SoFi Technologies by 12.7% during the 3rd quarter. NBC Securities Inc. now owns 9,581 shares of the company’s stock worth $75,000 after acquiring an additional 1,081 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of SoFi Technologies by 55.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 4,333 shares of the company’s stock worth $29,000 after acquiring an additional 1,543 shares during the last quarter. Pegasus Asset Management Inc. raised its stake in SoFi Technologies by 1.4% in the 3rd quarter. Pegasus Asset Management Inc. now owns 112,951 shares of the company’s stock valued at $888,000 after acquiring an additional 1,607 shares during the period. Finally, Kennedy Investment Group lifted its holdings in SoFi Technologies by 1.6% during the 3rd quarter. Kennedy Investment Group now owns 118,000 shares of the company’s stock valued at $927,000 after purchasing an additional 1,900 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have commented on SOFI shares. Needham & Company LLC restated a “buy” rating and set a $10.00 target price on shares of SoFi Technologies in a report on Wednesday, July 31st. Keefe, Bruyette & Woods dropped their price objective on shares of SoFi Technologies from $7.50 to $7.00 and set a “market perform” rating on the stock in a report on Tuesday, July 9th. Citigroup lowered shares of SoFi Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 18th. Finally, Barclays dropped their price target on SoFi Technologies from $10.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 9th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9.25.
Get Our Latest Analysis on SoFi Technologies
About SoFi Technologies
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.
See Also
- Five stocks we like better than SoFi Technologies
- What Does Downgrade Mean in Investing?
- Texas Roadhouse Stock Steering for New Highs This Year
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- The How and Why of Investing in Gold Stocks
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for SoFi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoFi Technologies and related companies with MarketBeat.com's FREE daily email newsletter.