BofI Holding, Inc. (NASDAQ:BOFI) Director James John Court sold 9,000 shares of the company’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $40.33, for a total transaction of $362,970.00. Following the transaction, the director now owns 28,856 shares in the company, valued at $1,163,762.48. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of BofI Holding, Inc. (BOFI) opened at $41.05 on Friday. The firm has a market cap of $2,565.58, a P/E ratio of 19.36, a P/E/G ratio of 1.62 and a beta of 0.43. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.15 and a quick ratio of 1.14. BofI Holding, Inc. has a 52-week low of $21.60 and a 52-week high of $41.07.
BofI (NASDAQ:BOFI) last announced its quarterly earnings results on Tuesday, January 30th. The financial services provider reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.08. The business had revenue of $101.31 million for the quarter, compared to the consensus estimate of $100.29 million. BofI had a net margin of 28.37% and a return on equity of 17.27%. During the same period last year, the company posted $0.50 EPS. research analysts predict that BofI Holding, Inc. will post 2.53 earnings per share for the current fiscal year.
Large investors have recently made changes to their positions in the stock. Earnest Partners LLC acquired a new stake in shares of BofI in the 4th quarter valued at approximately $108,000. Victory Capital Management Inc. raised its position in shares of BofI by 69.9% in the 3rd quarter. Victory Capital Management Inc. now owns 5,746 shares of the financial services provider’s stock valued at $164,000 after acquiring an additional 2,365 shares during the period. Miles Capital Inc. acquired a new stake in shares of BofI in the 4th quarter valued at approximately $207,000. Van Hulzen Asset Management LLC acquired a new stake in shares of BofI in the 3rd quarter valued at approximately $211,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in shares of BofI in the 3rd quarter valued at approximately $214,000. Institutional investors and hedge funds own 84.80% of the company’s stock.
BofI Holding, Inc (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners. The Bank has deposit and loan customers, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables.
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