Insider Sell: A Director at SOFI Totally Exits

GuruFocus.com
2024-12-06

Recently, there was notable insider selling activity at SoFi Technologies (NASDAQ:SOFI).On December 4, 2024, IV (GP) L.L.C. SLTA, a directorat SoFi Technologies (NASDAQ:SOFI), disposed 31,154,165 shares of SOFI at an average of $16.01 per share, with a total worth of $498,778,000, almost half billion dollars. This trade marked the director's total exit decision at SOFI.

SOFI Insider Trading Activity

  • Warning! GuruFocus has detected 7 Warning Signs with SOFI.

In the past 12 months, SOFI insiders have traded their SOFI stocks on the market, with sells outnumbering buys. The one who consistently keeps buying is the CEO, Anthony Noto.

Anthony Noto as the CEO of SOFI has a lot of confidence in the company's future. He aspired that SOFI will become one of the top 10 financial institutions in the U.S. and his leadership has brought much progress to SOFI until today.

Based on the consensus recommendation from 16 brokerage firms, 9 analysts rated SOFI as underperform, and 2 firms even recommend selling the stock.

Make more informed investment decision now by visiting GuruFocus and deep dive into SoFi Technologies' performance with charts, insiders, political positions, guru insights and more!

This article first appeared on GuruFocus.

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