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

SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough sold 11,181 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $12.72, for a total transaction of $142,222.32. Following the completion of the transaction, the executive vice president now owns 226,210 shares in the company, valued at $2,877,391.20. This represents a 4.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, February 20th, Kelli Keough sold 9,185 shares of SoFi Technologies stock. The stock was sold at an average price of $15.43, for a total transaction 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 transaction 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 transaction of $138,969.26.

SoFi Technologies Price Performance

SoFi Technologies stock opened at $12.87 on Friday. SoFi Technologies, Inc. has a one year low of $6.01 and a one year high of $18.42. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.18 and a current ratio of 0.49. The business has a fifty day moving average of $14.67 and a two-hundred day moving average of $13.01. The company has a market cap of $14.11 billion, a P/E ratio of 34.78, a price-to-earnings-growth ratio of 2.24 and a beta of 1.79.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Monday, January 27th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates 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 in the prior year, the company earned $0.04 earnings per share. As a group, analysts predict that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. 111 Capital purchased a new position in shares of SoFi Technologies in the fourth quarter valued at $438,000. Keystone Financial Services LLC purchased a new position in shares of SoFi Technologies in the fourth quarter valued at $275,000. Centaurus Financial Inc. purchased a new position in shares of SoFi Technologies in the fourth quarter valued at $172,000. Total Wealth Planning & Management Inc. purchased a new position in shares of SoFi Technologies in the fourth quarter valued at $821,000. Finally, Jefferies Financial Group Inc. purchased a new position in shares of SoFi Technologies in the fourth quarter valued at $1,164,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on SOFI shares. Keefe, Bruyette & Woods restated an “underperform” rating and set a $8.00 target price (up from $7.00) on shares of SoFi Technologies in a research report on Thursday, January 2nd. JPMorgan Chase & Co. raised their target price on shares of SoFi Technologies from $9.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. Bank of America reaffirmed an “underperform” rating and set a $12.00 price target on shares of SoFi Technologies in a report on Monday, December 9th. Morgan Stanley increased their price target on SoFi Technologies from $7.50 to $13.00 and gave the stock an “underweight” rating in a report on Thursday, December 19th. Finally, UBS Group increased their price target on SoFi Technologies from $10.50 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, January 28th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, SoFi Technologies has a consensus rating of “Hold” and a consensus target price of $12.50.

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.