KD Logo

The Attractiveness of Investing In SoFi Technologies Inc (SOFI) is Growing

SoFi Technologies Inc’s recent filing unveils that its EVP, GBUL, SIPS Keough Kelli unloaded Company’s shares for reported $0.14 million on Mar 20 ’25. In the deal valued at $12.72 per share,11,181 shares were sold. As a result of this transaction, Keough Kelli now holds 226,210 shares worth roughly $2.48 million.

Then, Rishel Jeremy sold 68,625 shares, generating $867,420 in total proceeds. Upon selling the shares at $12.64, the Chief Technology Officer now owns 655,118 shares.

Before that, Kelli Allen Keough bought 33,882 shares. SoFi Technologies Inc shares valued at $431,318 were divested by the Affiliate at a price of $12.73 per share.

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 Thursday, SoFi Technologies Inc [NASDAQ:SOFI] saw its stock jump 3.00% to $10.98. Over the last five days, the stock has gained 4.37%. SoFi Technologies Inc shares have fallen nearly -28.70% since the year began. Nevertheless, the stocks have risen 52.50% over the past one year. While a 52-week high of $18.42 was reached on 01/24/25, a 52-week low of $6.01 was recorded on 04/07/25. SMA at 50 days reached $12.83, while 200 days put it at $11.47.

Levels Of Support And Resistance For SOFI Stock

The 24-hour chart illustrates a support level at 10.70, which if violated will result in even more drops to 10.42. On the upside, there is a resistance level at 11.15. A further resistance level may holdings at 11.33. The Relative Strength Index (RSI) on the 14-day chart is 45.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.96%. Stochastics %K at 56.98% indicates the stock is a holding.

How much short interest is there in SoFi Technologies Inc?

A steep rise in short interest was recorded in SoFi Technologies Inc stocks on 2025-03-31, growing by 6.01 million shares to a total of 137.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 131.89 million shares. There was a rise of 4.36%, which implies that there is a positive sentiment for the stock.

Most Popular