March 24 - SoFi Technologies (SOFI, Financial) executives are cashing in on some stock gains, selling shares under pre-set trading plans, according to report.
Chief Technology Officer Jeremy Rishel offloaded 68,625 shares on March 20, 2025, at $12.64 per share, bringing in $867,420. The sale was part of a Rule 10b5-1 trading plan he set up in May 2024. Even after the transaction, he still holds 655,118 shares.
Executive Vice President Kelli Keough also sold some stock the same day, 11,181 shares at an average price of $12.72, totaling about $142,237. Her sale was made under a trading plan adopted in May 2024. She still owns 226,210 shares in the company.
These insider transactions follow a stellar year for SoFi Technologies stock, which has been up 72.7% over the last 12 months. The company has solid fundamentals, such as an 83% gross profit margin and 28% annual revenue growth in the last twelve months. ​
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