SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough Sells 11,181 Shares of Stock

SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough sold 11,181 shares of the business’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $12.72, for a total value of $142,222.32. Following the completion of the sale, the executive vice president now directly owns 226,210 shares of the company’s stock, valued at approximately $2,877,391.20. This trade represents a 4.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• 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 value of $141,724.55.
• On Tuesday, January 21st, Kelli Keough sold 8,914 shares of SoFi Technologies stock. The stock was sold at an average price of $17.58, for a total value of $156,708.12.
• On Monday, December 23rd, Kelli Keough sold 8,914 shares of SoFi Technologies stock. The stock was sold at an average price of $15.59, for a total value of $138,969.26.

SoFi Technologies Trading Up 1.8 %

Shares of NASDAQ SOFI opened at $12.87 on Friday. SoFi Technologies, Inc. has a 1-year low of $6.01 and a 1-year high of $18.42. The company has a market cap of $14.11 billion, a PE ratio of 34.78, a P/E/G ratio of 2.24 and a beta of 1.79. The company has a current ratio of 0.49, a quick ratio of 0.18 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $14.67 and a two-hundred day moving average of $12.97.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Monday, January 27th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. SoFi Technologies had a net margin of 18.64% and a return on equity of 3.82%. During the same period last year, the company earned $0.04 EPS. As a group, equities analysts expect that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on SOFI. William Blair reaffirmed an “outperform” rating on shares of SoFi Technologies in a research note on Friday, January 24th. JPMorgan Chase & Co. lifted their price objective on SoFi Technologies from $9.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, December 2nd. Citigroup boosted their price objective on SoFi Technologies from $12.50 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. UBS Group upped their price objective on SoFi Technologies from $10.50 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, January 28th. Finally, Dbs Bank raised SoFi Technologies to a “strong-buy” rating in a research report on Friday, February 21st. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, SoFi Technologies currently has a consensus rating of “Hold” and an average price target of $12.50.

Institutional Trading of SoFi Technologies

A number of institutional investors have recently made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new position in shares of SoFi Technologies in the fourth quarter valued at $3,703,000. Hanseatic Management Services Inc. acquired a new position in shares of SoFi Technologies in the fourth quarter valued at about $1,116,000. Berkshire Capital Holdings Inc. grew its stake in SoFi Technologies by 6,208,000.0% during the fourth quarter. Berkshire Capital Holdings Inc. now owns 620,810 shares of the company’s stock worth $9,560,000 after buying an additional 620,800 shares in the last quarter. Kercheville Advisors LLC acquired a new stake in SoFi Technologies during the fourth quarter worth about $1,594,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of SoFi Technologies by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,145,837 shares of the company’s stock worth $48,306,000 after acquiring an additional 87,097 shares during the last quarter. 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.