Bearish
SoFi Technologies' stock drops 4.9% amid insider share sale and market volatility.
In the past 24 hours, SoFi Technologies' stock declined by 4.9%, closing at $17.64. This downturn coincided with an insider share sale by Executive Vice President Kelli Keough, who sold approximately 10,954 shares valued at $188,290. The sale occurred on July 20, 2026, with share prices ranging from $16.99 to $17.42. Additionally, Amova Asset Management Americas Inc. reduced its holdings in SoFi by 4.9%, selling 161,725 shares during the first quarter. These developments, coupled with broader market volatility, have contributed to the recent decline in SoFi's stock price.
Key points
- Insider Selling: Kelli Keough, SoFi's Executive Vice President, sold 10,954 shares valued at $188,290 on July 20, 2026.
- Institutional Selling: Amova Asset Management Americas Inc. decreased its holdings in SoFi by 4.9%, selling 161,725 shares during the first quarter.
- Stock Performance: SoFi's stock closed at $17.64, down 4.9% from the previous close, with an intraday high of $17.72 and a low of $17.06.
Sources
AI-generated from public news sources. Not financial advice.
