rts logo

SoFi Technologies Inc (SOFI) Stock Could Soon Reward Patient Investors

SoFi Technologies Inc (NASDAQ: SOFI) is -28.54% lower on its value in year-to-date trading and has touched a low of $4.45 and a high of $11.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SOFI stock was last observed hovering at around $6.94 in the last trading session, with the day’s gains setting it 0.17%.

Currently trading at $7.11, the stock is -0.96% and -3.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 52.73 million and changing 2.45% at the moment leaves the stock -11.30% off its SMA200. SOFI registered 38.33% gain for a year compared to 6-month gain of 3.80%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a -3.00% loss in the last 1 month and extending the period to 3 months gives it a -14.65%, and is -0.70% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.71% over the week and 4.01% over the month.

SoFi Technologies Inc (SOFI) has around 4400 employees, a market worth around $7.52B and $3.21B in sales. Fwd P/E is 30.10. Profit margin for the company is -6.81%. Distance from 52-week low is 59.78% and -39.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.39%).

with sales reaching $570.39M over the same period.The EPS is expected to grow by 123.49% this year, but quarterly earnings will post 15.60% year-over-year. Quarterly sales are estimated to grow 16.70% in year-over-year returns.

SoFi Technologies Inc (SOFI) Top Institutional Holders

The shares outstanding are 1.06B, and float is at 980.88M with Short Float at 18.63%.

SoFi Technologies Inc (SOFI) Insider Activity

The most recent transaction is an insider purchase by Noto Anthony,the company’sChief Executive Officer. SEC filings show that Noto Anthony bought 28,775 shares of the company’s common stock on May 03 ’24 at a price of $6.90 per share for a total of $0.2 million. Following the purchase, the insider now owns 8.03 million shares.

SoFi Technologies Inc disclosed in a document filed with the SEC on Mar 19 ’24 that Rishel Jeremy (Chief Technology Officer) sold a total of 56,273 shares of the company’s common stock. The trade occurred on Mar 19 ’24 and was made at $6.93 per share for $0.39 million. Following the transaction, the insider now directly holds 0.39 million shares of the SOFI stock.

Still, SEC filings show that on Dec 19 ’23, Rishel Jeremy (Chief Technology Officer) disposed off 56,273 shares at an average price of $9.78 for $0.55 million. The insider now directly holds 343,250 shares of SoFi Technologies Inc (SOFI).

Related Posts