SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Sells $119,748.51 in Stock

SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) EVP Kelli Keough sold 11,181 shares of the business's stock in a transaction on Monday, April 21st. The shares were sold at an average price of $10.71, for a total transaction of $119,748.51. Following the sale, the executive vice president now directly owns 215,029 shares of the company's stock, valued at $2,302,960.59. This represents a 4.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Thursday, March 20th, Kelli Keough sold 11,181 shares of SoFi Technologies stock. The shares were sold at an average price of $12.72, for a total value of $142,222.32.
• On Thursday, February 20th, Kelli Keough sold 9,185 shares of SoFi Technologies stock. The shares were sold at an average price of $15.43, for a total transaction of $141,724.55.

SoFi Technologies Stock Performance

SOFI stock traded up $0.63 during midday trading on Friday, hitting $12.94. 49,096,976 shares of the stock traded hands, compared to its average volume of 46,523,425. The stock's fifty day simple moving average is $12.27 and its 200-day simple moving average is $13.58. The firm has a market cap of $14.18 billion, a P/E ratio of 34.96, a PEG ratio of 2.24 and a beta of 1.86. SoFi Technologies, Inc. has a 1-year low of $6.01 and a 1-year high of $18.42. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.49 and a quick ratio of 0.18.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. SoFi Technologies had a return on equity of 3.82% and a net margin of 18.64%. During the same period last year, the company earned $0.04 EPS. On average, analysts expect that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on SOFI shares. Keefe, Bruyette & Woods reissued an "underperform" rating and issued a $8.00 price objective (up previously from $7.00) on shares of SoFi Technologies in a research note on Thursday, January 2nd. Citizens Jmp initiated coverage on SoFi Technologies in a research note on Friday. They set an "outperform" rating and a $17.00 price objective for the company. Dbs Bank upgraded SoFi Technologies to a "strong-buy" rating in a research note on Friday, February 21st. William Blair reissued an "outperform" rating on shares of SoFi Technologies in a research report on Friday, January 24th. Finally, The Goldman Sachs Group raised their price target on shares of SoFi Technologies from $8.50 to $9.50 and gave the company a "neutral" rating in a report on Tuesday, January 28th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $13.10.

Institutional Investors Weigh In On SoFi Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new stake in shares of SoFi Technologies in the third quarter valued at about $1,649,000. World Investment Advisors LLC boosted its holdings in SoFi Technologies by 6.5% in the 3rd quarter. World Investment Advisors LLC now owns 21,745 shares of the company's stock worth $171,000 after buying an additional 1,336 shares during the last quarter. GAMMA Investing LLC boosted its holdings in SoFi Technologies by 40.3% in the 4th quarter. GAMMA Investing LLC now owns 5,925 shares of the company's stock worth $91,000 after buying an additional 1,703 shares during the last quarter. Everence Capital Management Inc. purchased a new stake in SoFi Technologies during the 4th quarter worth approximately $498,000. Finally, Waller Financial Planning Group Inc. raised its holdings in shares of SoFi Technologies by 3,027.5% during the fourth quarter. Waller Financial Planning Group Inc. now owns 10,227 shares of the company's stock valued at $157,000 after acquiring an additional 9,900 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company's stock.

SoFi Technologies Company Profile

SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.