In Tuesday’s Wall Street session, SoFi Technologies Inc (NASDAQ:SOFI) shares traded at $13.39, up 2.29% from the previous session.
SOFI stock price is now 8.73% away from the 50-day moving average and 9.33% away from the 200-day moving average. The market capitalization of the company currently stands at $14.80B.
With the price target of $17, Citizens JMP recently initiated with Mkt Outperform rating for SoFi Technologies Inc (NASDAQ: SOFI). , while ‘Keefe Bruyette’ rates the stock as ‘Underperform’
In other news, Keough Kelli, EVP, GBUL, SIPS sold 11,520 shares of the company’s stock on May 20 ’25. The stock was sold for $154,126 at an average price of $13.38. Upon completion of the transaction, the EVP, GBUL, SIPS now directly owns 203,509 shares in the company, valued at $2.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, Officer Pinto Arun bought 24,290 shares of the business’s stock. A total of $331,124 was incurred on buying the stock at an average price of $13.63. A total of 2.11% 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 $18.42.
The net profit margin was 12.13% and return on equity was 7.51% for SOFI. The company reported revenue of $763.81 million for the quarter, compared to $665.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.7 percent.
