SoFi Technologies Inc (NASDAQ: SOFI) is -22.40% 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 $12.32 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $11.95, the stock is -9.79% and -18.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 36.16 million and changing -3.00% at the moment leaves the stock 9.25% off its SMA200. SOFI registered 69.50% gain for a year compared to 6-month gain of 54.39%. The firm has a 50-day simple moving average (SMA 50) of $14.7262 and a 200-day simple moving average (SMA200) of $10.9383.
The stock witnessed a -26.28% loss in the last 1 month and extending the period to 3 months gives it a -24.84%, and is 6.13% 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 4.89% over the week and 6.35% over the month.
SoFi Technologies Inc (SOFI) has around 5000 employees, a market worth around $13.10B and $3.77B in sales. Current P/E ratio is 31.27 and Fwd P/E is 23.03. Profit margin for the company is 12.72%. Distance from 52-week low is 98.84% and -35.12% from its 52-week high. The company has generated returns on investments over the last 12 months (4.89%).
with sales reaching $740.06M over the same period.The EPS is expected to shrink by -34.43% this year, but quarterly earnings will post 22.47% year-over-year. Quarterly sales are estimated to grow 27.45% in year-over-year returns.
SoFi Technologies Inc (SOFI) Top Institutional Holders
846.0 institutions hold shares in SoFi Technologies Inc (SOFI), with institutional investors hold 49.57% of the company’s shares. The shares outstanding are 1.10B, and float is at 1.07B with Short Float at 12.28%. Institutions hold 47.93% 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 2.943% and valued at over $205.93 million, while CITADEL ADVISORS LLC holds 1.8646 of the shares totaling 19.74 million with a market value of $130.47 million.
SoFi Technologies Inc (SOFI) Insider Activity
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Still, SEC filings show that on Mar 17 ’25, Simcock Stephen (Officer) Proposed Sale 24,420 shares at an average price of $12.16 for $0.3 million. The insider now directly holds shares of SoFi Technologies Inc (SOFI).
