SoFi Technologies Inc (NASDAQ: SOFI) is 5.06% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SOFI stock was last observed hovering at around $16.83 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $16.18, the stock is 1.43% and 2.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 34.98 million and changing -3.86% at the moment leaves the stock 56.09% off its SMA200. SOFI registered 89.68% gain for a year compared to 6-month gain of 131.14%.
The stock witnessed a -1.94% loss in the last 1 month and extending the period to 3 months gives it a 20.75%, and is 9.10% up 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 4.64% over the week and 4.69% over the month.
SoFi Technologies Inc (SOFI) has around 4400 employees, a market worth around $17.56B and $3.77B in sales. Current P/E ratio is 43.54 and Fwd P/E is 31.09. Profit margin for the company is 12.72%. Distance from 52-week low is 169.22% and -12.16% from its 52-week high. The company has generated returns on investments over the last 12 months (4.93%).
with sales reaching $740.36M over the same period.The EPS is expected to shrink by -33.56% this year, but quarterly earnings will post 23.09% year-over-year. Quarterly sales are estimated to grow 27.51% in year-over-year returns.
The shares outstanding are 1.10B, and float is at 1.06B with Short Float at 11.90%.
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 2.943 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
Still, SEC filings show that on Jan 21 ’25, Keough Kelli (EVP, GBUL, SIPS) disposed off 8,914 shares at an average price of $17.58 for $0.16 million. The insider now directly holds 178,811 shares of SoFi Technologies Inc (SOFI).
