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CEO Anthony Noto Acquires Shares of SoFi Technologies Inc (SOFI)

On May 3, 2024, Anthony Noto, CEO of SoFi Technologies Inc (NASDAQ:SOFI), purchased 28,775 shares of the company, as reported in a recent SEC Filing. This transaction has increased the insider’s total purchases over the past year to 203,275 shares, with no recorded sales.

SoFi Technologies Inc operates as a personal finance company, specializing in student loan refinancing, mortgages, personal loans, credit card, investing, and banking services.

The transaction occurred with shares priced at $6.9, valuing the purchase at approximately $198,747.5. Following this transaction, the market cap of SoFi Technologies Inc stands at $7.353 billion.

Over the past year, SoFi Technologies Inc has seen a total of 5 insider buys and 10 insider sells. The insider transaction history suggests a mixed activity of buys and sells within the company.

According to the GF Value, the intrinsic value of SoFi…

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