SoFi Technologies Inc (NASDAQ: SOFI) is -0.71% lower on its value in year-to-date trading and has touched a low of $6.01 and a high of $18.42 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 $15.40 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $15.29, the stock is -3.95% and -3.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 28.62 million and changing -0.71% at the moment leaves the stock 53.54% off its SMA200. SOFI registered 97.80% gain for a year compared to 6-month gain of 129.92%. The firm has a 50-day simple moving average (SMA 50) of $15.7724 and a 200-day simple moving average (SMA200) of $9.917775.
The stock witnessed a 8.21% loss in the last 1 month and extending the period to 3 months gives it a 36.88%, and is -5.44% 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 4.42% over the week and 4.81% over the month.
SoFi Technologies Inc (SOFI) has around 4400 employees, a market worth around $16.59B and $3.77B in sales. Current P/E ratio is 41.15 and Fwd P/E is 29.71. Profit margin for the company is 12.72%. Distance from 52-week low is 154.41% and -16.99% from its 52-week high. The company has generated returns on investments over the last 12 months (4.93%).
The EPS is expected to shrink by -33.06% this year.
SoFi Technologies Inc (SOFI) Top Institutional Holders
770.0 institutions hold shares in SoFi Technologies Inc (SOFI), with institutional investors hold 44.95% of the company’s shares. The shares outstanding are 1.10B, and float is at 1.06B with Short Float at 12.48%. Institutions hold 43.45% 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 Jan 21 ’25 at a price of $17.58 per share for a total of $0.16 million. Following the sale, the insider now owns 0.18 million shares.
SoFi Technologies Inc disclosed in a document filed with the SEC on Dec 23 ’24 that Keough Kelli (EVP, GBUL, SIPS) sold a total of 8,914 shares of the company’s common stock. The trade occurred on Dec 23 ’24 and was made at $15.59 per share for $0.14 million. Following the transaction, the insider now directly holds 0.19 million shares of the SOFI stock.
Still, SEC filings show that on Dec 23 ’24, Kelli Keough (Officer) Proposed Sale 27,013 shares at an average price of $15.52 for $0.42 million. The insider now directly holds shares of SoFi Technologies Inc (SOFI).
