SoFi Technologies Inc (NASDAQ:SOFI) shares traded -3.05% lower at $15.91 on Wall Street last session.
SOFI stock price is now 41.78% away from the 50-day moving average and 92.88% away from the 200-day moving average. The market capitalization of the company currently stands at $17.58B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
, while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
In other news, Keough Kelli, EVP, GBUL, SIPS sold 9,590 shares of the company’s stock on Nov 20 ’24. The stock was sold for $139,594 at an average price of $14.56. Upon completion of the transaction, the EVP, GBUL, SIPS now directly owns 142,613 shares in the company, valued at $2.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 15 ’24, Officer Pinto Arun bought 23,404 shares of the business’s stock. A total of $308,909 was incurred on buying the stock at an average price of $13.20. A total of 4.96% 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 $16.61. The fifty day moving average price for SOFI is $11.0646 and a two-hundred day moving average price translates $8.211725 for the stock.
The latest earnings results from SoFi Technologies Inc (NASDAQ: SOFI) was released for 2024-09-30. The net profit margin was 5.08% and return on equity was 3.73% for SOFI. The company reported revenue of $723.37 million for the quarter, compared to $564.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.2 percent.