SoFi Technologies Inc (NASDAQ: SOFI) is -5.84% lower on its value in year-to-date trading and has touched a low of $6.01 and a high of $17.19 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 $14.07 in the last trading session, with the day’s gains setting it 0.43%.
Currently trading at $14.50, the stock is -5.57% and -1.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 32.11 million and changing 3.06% at the moment leaves the stock 55.54% off its SMA200. SOFI registered 77.48% gain for a year compared to 6-month gain of 97.82%. The firm has a 50-day simple moving average (SMA 50) of $14.6676 and a 200-day simple moving average (SMA200) of $9.286375.
The stock witnessed a -9.03% loss in the last 1 month and extending the period to 3 months gives it a 60.93%, and is -5.17% 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 4.23% over the week and 5.32% over the month.
SoFi Technologies Inc (SOFI) has around 4400 employees, a market worth around $15.73B and $3.63B in sales. Current P/E ratio is 122.57 and Fwd P/E is 53.38. Profit margin for the company is 5.08%. Distance from 52-week low is 141.26% and -15.65% from its 52-week high. The company has generated returns on investments over the last 12 months (1.96%).
with sales reaching $678.53M over the same period.The EPS is expected to grow by 133.22% this year, but quarterly earnings will post 23.69% year-over-year. Quarterly sales are estimated to grow 14.18% in year-over-year returns.
SoFi Technologies Inc (SOFI) Top Institutional Holders
756.0 institutions hold shares in SoFi Technologies Inc (SOFI), with institutional investors hold 45.15% of the company’s shares. The shares outstanding are 1.08B, and float is at 1.06B with Short Float at 12.15%. Institutions hold 43.64% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 90.03 million shares valued at $595.1 million. The investor’s holdings represent 9.1623% of the SOFI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 45.46 million shares valued at $300.47 million to account for 4.6262 of the shares outstanding. The other top investors are SILVER LAKE GROUP, L.L.C. which holds 31.15 million shares representing 3.1705% and valued at over $205.93 million, while CITADEL ADVISORS LLC holds 2.0088 of the shares totaling 19.74 million with a market value of $130.47 million.
SoFi Technologies Inc (SOFI) Insider Activity
The most recent transaction is an insider sale by Keough Kelli, the company’s EVP, GBUL, SIPS. SEC filings show that Keough Kelli sold 8,914 shares of the company’s common stock on Dec 23 ’24 at a price of $15.59 per share for a total of $0.14 million. Following the sale, the insider now owns 0.19 million shares.
Still, SEC filings show that on Dec 19 ’24, Rishel Jeremy (Chief Technology Officer) disposed off 64,991 shares at an average price of $15.72 for $1.02 million. The insider now directly holds 586,494 shares of SoFi Technologies Inc (SOFI).
