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Taking a look at what insiders are doing to gauge the SoFi Technologies Inc (SOFI)’s direction

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 $530,967 were purchased by Schuppenhauer Eric on Feb 18 ’25. At $16.93 per share, Schuppenhauer Eric acquired 31,366 shares.

Also, Pinto Arun purchased 15,050 shares, netting a total of over 254,768 in proceeds.

Before that, Keough Kelli had sold 8,914 shares from its account. In a trade valued at $156,730, the EVP, GBUL, SIPS traded SoFi Technologies Inc shares for $17.58 each. Upon closing the transaction, the insider’s holdings decreased to 8,914 shares, worth approximately $2.78 million.

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 surge of approximately 5.35%. Over the course of the year, SoFi Technologies Inc shares have jumped approximately 1.04%. 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 $15.73, while a 200-day SMA reached $10.41. Nevertheless, trading volume fell to 50.82 million shares from 35.56 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 15.06, which, if violated, would cause prices to drop to 14.55. In the upper region, resistance lies at 16.07. The next price resistance is at 16.58. RSI (Relative Strength Index) is 49.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.74, which suggests the price will decrease in the coming days. Percent R is at 57.62%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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