Kelli Keough Sells 10,037 Shares of SoFi Technologies (NASDAQ:SOFI) Stock

SoFi Technologies, Inc. (NASDAQ:SOFIGet Free Report) EVP Kelli Keough sold 10,037 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $15.53, for a total transaction of $155,874.61. Following the completion of the sale, the executive vice president owned 323,247 shares in the company, valued at $5,020,025.91. This represents a 3.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kelli Keough also recently made the following trade(s):

  • On Tuesday, April 21st, Kelli Keough sold 9,742 shares of SoFi Technologies stock. The shares were sold at an average price of $19.25, for a total transaction of $187,533.50.
  • On Friday, March 20th, Kelli Keough sold 9,742 shares of SoFi Technologies stock. The shares were sold at an average price of $16.94, for a total transaction of $165,029.48.

SoFi Technologies Stock Down 0.2%

Shares of NASDAQ:SOFI opened at $15.62 on Friday. SoFi Technologies, Inc. has a 52 week low of $12.74 and a 52 week high of $32.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.13 and a current ratio of 0.75. The company’s fifty day moving average is $16.78 and its 200-day moving average is $22.09. The company has a market capitalization of $20.04 billion, a PE ratio of 35.50 and a beta of 2.12.

SoFi Technologies (NASDAQ:SOFIGet Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Equities research analysts predict that SoFi Technologies, Inc. will post 0.59 earnings per share for the current fiscal year.

Key Headlines Impacting SoFi Technologies

Here are the key news stories impacting SoFi Technologies this week:

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SOFI. Needham & Company LLC reduced their price target on shares of SoFi Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Wells Fargo & Company reduced their price target on shares of SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 9th. UBS Group reduced their price target on shares of SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of SoFi Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Finally, Argus began coverage on shares of SoFi Technologies in a research report on Wednesday, April 15th. They set a “hold” rating on the stock. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $22.56.

Read Our Latest Report on SOFI

Institutional Trading of SoFi Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Valley Wealth Managers Inc. bought a new stake in shares of SoFi Technologies in the 4th quarter valued at about $25,000. Vermillion Wealth Management Inc. increased its stake in shares of SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock valued at $26,000 after acquiring an additional 739 shares during the last quarter. Blue Trust Inc. increased its stake in shares of SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after acquiring an additional 878 shares during the last quarter. Reflection Asset Management bought a new stake in shares of SoFi Technologies in the 4th quarter valued at about $28,000. Finally, Central Pacific Bank Trust Division bought a new stake in shares of SoFi Technologies in the 4th quarter valued at about $28,000. 38.43% of the stock is owned by institutional investors.

About SoFi Technologies

(Get Free Report)

SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company’s core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.

SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.

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Insider Buying and Selling by Quarter for SoFi Technologies (NASDAQ:SOFI)

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