BofI Holding (BOFI) : During the past 4 weeks, traders have been relatively bearish on BofI Holding (BOFI), hence the stock is down -6.48% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.1% relative to the S&P 500. The 4-week change in the price of the stock is -2.4% and the stock has fallen -5.71% in the past 1 week. The stock has recorded a 20-day Moving Average of 2.79% and the 50-Day Moving Average is 6.8%.
BofI Holding (NASDAQ:BOFI): The stock opened at $17.29 on Friday but the bulls could not build on the opening and the stock topped out at $17.30 for the day. The stock traded down to $16.59 during the day, due to lack of any buying support eventually closed down at $16.69 with a loss of -2.85% for the day. The stock had closed at $17.18 on the previous day. The total traded volume was 1,473,695 shares.
The company Insiders own 6.01% of BofI Holding shares according to the proxy statements. Institutional Investors own 99.88% of BofI Holding shares. During last six month period, the net percent change held by insiders has seen a change of 0.62%. In a related news, Court James John, director of Bofi Holding, Inc., executed a transaction worth $33,520 on February 19, 2016. A total of 2,000 shares were purchased at an average price of $16.76. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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, distribution channels and affinity partners. The Bank has deposit and loan customers across the nation, 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. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. The Bank distributes its loan products through its retail, correspondent and wholesale channels, and the loans the Bank retains are primarily first mortgages secured by single family real property and by multifamily real property.