The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SoFi Technologies Inc shares valued at $156,730 were sold by Keough Kelli on Jan 21 ’25. At $17.58 per share, Keough Kelli sold 8,914 shares. The insider’s holdings dropped to 178,811 shares worth approximately $2.86 million following the completion of this transaction.
Also, Keough Kelli sold 8,914 shares, netting a total of over 138,949 in proceeds. Following the sale of shares at $15.59 each, the insider now holds 187,725 shares.
Before that, Kelli Keough had added 27,013 shares to its account. In a trade valued at $419,242, the Officer bought SoFi Technologies Inc shares for $15.52 each.
As published in their initiating research note from William Blair on January 15, 2025, SoFi Technologies Inc [SOFI] has been an Outperform. Analysts at Keefe Bruyette downgraded the stock from ‘”a Mkt perform”‘ to ‘”an Underperform”‘ outlook in a report released in early January. As of December 09, 2024, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for SOFI.
Analyzing SOFI Stock Performance
During the last five days, there has been a drop of approximately -9.10%. Over the course of the year, SoFi Technologies Inc shares have jumped approximately 3.83%. Shares of the company reached a 52-week high of $18.42 on 01/24/25 and a 52-week low of $13.60 on 01/13/25. A 50-day SMA is recorded $15.64, while a 200-day SMA reached $9.79. Nevertheless, trading volume fell to 40.88 million shares from 51.83 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 15.72, which, if violated, would cause prices to drop to 15.45. In the upper region, resistance lies at 16.30. The next price resistance is at 16.61. RSI (Relative Strength Index) is 50.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.01, which suggests the price will decrease in the coming days. Percent R is at 50.41%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
