SoFi Technologies Inc (NASDAQ:SOFI) shares traded 11.43% higher at $10.04 on Wall Street last session.
SOFI stock price is now 32.07% away from the 50-day moving average and 33.98% away from the 200-day moving average. The market capitalization of the company currently stands at $10.70B.
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, while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
In other news, Keough Kelli, EVP, GBUL, SIPS sold 9,308 shares of the company’s stock on Sep 23 ’24. The stock was sold for $74,343 at an average price of $7.99. Upon completion of the transaction, the EVP, GBUL, SIPS now directly owns 161,511 shares in the company, valued at $1.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 20 ’24, Chief Technology Officer Rishel Jeremy sold 68,081 shares of the business’s stock. A total of $552,818 was realized by selling the stock at an average price of $8.12. This leaves the insider owning 521,505 shares of the company worth $5.24 million. A total of 4.97% of the company’s stock is owned by insiders.
During the past 12 months, SoFi Technologies Inc has had a low of $6.01 and a high of $10.49. The fifty day moving average price for SOFI is $7.6018 and a two-hundred day moving average price translates $7.493475 for the stock.
The latest earnings results from SoFi Technologies Inc (NASDAQ: SOFI) was released for 2024-06-30. The net profit margin was -4.51% and return on equity was -1.97% for SOFI. The company reported revenue of $674.6 million for the quarter, compared to $470.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 43.53 percent.
