KD Logo

SoFi Technologies Inc [NASDAQ: SOFI] Sees Decrease in Stock Value

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SoFi Technologies Inc shares valued at $74,343 were sold by Keough Kelli on Sep 23 ’24. At $7.99 per share, Keough Kelli sold 9,308 shares. The insider’s holdings dropped to 161,511 shares worth approximately $1.62 million following the completion of this transaction.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Also, Rishel Jeremy sold 68,081 shares, netting a total of over 552,818 in proceeds. Following the sale of shares at $8.12 each, the insider now holds 521,505 shares.

Before that, Kelli Allen Keough had added 28,206 shares to its account. In a trade valued at $227,058, the Affiliate bought SoFi Technologies Inc shares for $8.05 each.

As of April 05, 2024, Keefe Bruyette has increased its “an Underperform” rating to a “Mkt perform” for SOFI. Earlier on April 03, 2024, Needham initiated its rating. Their recommendation was “a Buy” for SOFI stock.

Analyzing SOFI Stock Performance

During the last five days, there has been a surge of approximately 16.88%. Over the course of the year, SoFi Technologies Inc shares have jumped approximately 0.90%. Shares of the company reached a 52-week high of $10.49 on 10/15/24 and a 52-week low of $6.01 on 08/05/24. A 50-day SMA is recorded $7.75, while a 200-day SMA reached $7.49. Nevertheless, trading volume fell to 47.75 million shares from 87.2 million shares the previous day.

Support And Resistance Levels for SoFi Technologies Inc (SOFI)

According to the 24-hour chart, there is a support level at 9.86, which, if violated, would cause prices to drop to 9.68. In the upper region, resistance lies at 10.27. The next price resistance is at 10.51. RSI (Relative Strength Index) is 77.98 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.47, which suggests the price will increase in the coming days. Percent R is at 15.41%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Most Popular