SoFi Technologies Inc’s recent filing unveils that its EVP, GBUL, SIPS Keough Kelli unloaded Company’s shares for reported $0.14 million on Dec 23 ’24. In the deal valued at $15.59 per share,8,914 shares were sold. As a result of this transaction, Keough Kelli now holds 187,725 shares worth roughly $3.36 million.
Then, Kelli Keough bought 27,013 shares, generating $419,242 in total proceeds.
Before that, Rishel Jeremy sold 64,991 shares. SoFi Technologies Inc shares valued at $1,021,659 were divested by the Chief Technology Officer at a price of $15.72 per share. As a result of the transaction, Rishel Jeremy now holds 586,494 shares, worth roughly $10.5 million.
William Blair initiated its SoFi Technologies Inc [SOFI] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early January from “a Mkt perform” to “an Underperform”. BofA Securities also remained covering SOFI and has decreased its forecast on December 09, 2024 with a “an Underperform” recommendation from previously “Neutral” rating.
Price Performance Review of SOFI
On Tuesday, SoFi Technologies Inc [NASDAQ:SOFI] saw its stock jump 8.48% to $17.90. Over the last five days, the stock has gained 27.22%. SoFi Technologies Inc shares have risen nearly 16.23% since the year began. Nevertheless, the stocks have risen 141.57% over the past one year. While a 52-week high of $17.19 was reached on 01/21/25, a 52-week low of $6.01 was recorded on 01/13/25. SMA at 50 days reached $15.17, while 200 days put it at $9.51.
Levels Of Support And Resistance For SOFI Stock
The 24-hour chart illustrates a support level at 17.16, which if violated will result in even more drops to 16.42. On the upside, there is a resistance level at 18.37. A further resistance level may holdings at 18.84. The Relative Strength Index (RSI) on the 14-day chart is 67.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.44%. Stochastics %K at 93.62% indicates the stock is a selling.
How much short interest is there in SoFi Technologies Inc?
A steep rise in short interest was recorded in SoFi Technologies Inc stocks on 2024-12-31, dropping by -7.2 million shares to a total of 129.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 136.3 million shares. There was a decline of -5.58%, which implies that there is a negative sentiment for the stock.
