Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SoFi Technologies Inc shares valued at $138,949 were sold by Keough Kelli on Dec 23 ’24. At $15.59 per share, Keough Kelli sold 8,914 shares. The insider’s holdings dropped to 187,725 shares worth approximately $2.73 million following the completion of this transaction.
Also, Kelli Keough purchased 27,013 shares, netting a total of over 419,242 in proceeds.
Before that, Rishel Jeremy had sold 64,991 shares from its account. In a trade valued at $1,021,659, the Chief Technology Officer traded SoFi Technologies Inc shares for $15.72 each. Upon closing the transaction, the insider’s holdings decreased to 64,991 shares, worth approximately $8.53 million.
As published in a research note from Keefe Bruyette on January 02, 2025, SoFi Technologies Inc [SOFI] has been rated down from a Mkt perform to an Underperform and the price target has been revised to $8 from $7. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in early December.
Analyzing SOFI Stock Performance
During the last five days, there has been a drop of approximately -5.52%. Over the course of the year, SoFi Technologies Inc shares have dropped approximately -5.52%. Shares of the company reached a 52-week high of $15.62 on 01/07/25 and a 52-week low of $13.75 on 01/02/25. A 50-day SMA is recorded $14.54, while a 200-day SMA reached $9.22. Nevertheless, trading volume fell to 28.42 million shares from 38.96 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 14.30, which, if violated, would cause prices to drop to 14.06. In the upper region, resistance lies at 14.82. The next price resistance is at 15.09. RSI (Relative Strength Index) is 45.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.41, which suggests the price will decrease in the coming days. Percent R is at 76.74%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
