BofI Holding, Inc. (NASDAQ:BOFI) Director Mosich Nick sold 18,308 shares of BofI stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $27.75, for a total value of $508,047.00. Following the completion of the transaction, the director now owns 83,018 shares in the company, valued at $2,303,749.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

BofI Holding, Inc. (NASDAQ:BOFI) traded down $0.12 during trading on Tuesday, hitting $27.90. The company had a trading volume of 667,652 shares, compared to its average volume of 768,317. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.13 and a current ratio of 1.13. BofI Holding, Inc. has a 12-month low of $21.60 and a 12-month high of $32.57. The stock has a market capitalization of $1,768.37, a P/E ratio of 13.10, a PEG ratio of 1.18 and a beta of 0.39.

BofI (NASDAQ:BOFI) last posted its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.01. BofI had a return on equity of 17.00% and a net margin of 29.36%. The firm had revenue of $93.89 million for the quarter, compared to the consensus estimate of $94.93 million. During the same period in the previous year, the business earned $0.45 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. research analysts expect that BofI Holding, Inc. will post 2.35 EPS for the current fiscal year.

Several brokerages have weighed in on BOFI. Zacks Investment Research upgraded BofI from a “sell” rating to a “hold” rating in a research note on Monday. BidaskClub upgraded BofI from a “hold” rating to a “buy” rating in a research note on Saturday. ValuEngine downgraded BofI from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th. FBR & Co reiterated a “buy” rating and issued a $37.00 target price on shares of BofI in a research note on Friday, September 29th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $30.00 price target on shares of BofI in a research note on Thursday, October 26th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. BofI has a consensus rating of “Buy” and an average target price of $34.50.

Several institutional investors have recently bought and sold shares of BOFI. Victory Capital Management Inc. boosted its stake in shares of BofI by 69.9% in the third quarter. Victory Capital Management Inc. now owns 5,746 shares of the financial services provider’s stock valued at $164,000 after buying an additional 2,365 shares in the last quarter. Endurance Wealth Management Inc. boosted its stake in shares of BofI by 11.6% in the second quarter. Endurance Wealth Management Inc. now owns 7,463 shares of the financial services provider’s stock valued at $177,000 after buying an additional 775 shares in the last quarter. Van Hulzen Asset Management LLC acquired a new position in BofI during the third quarter worth $211,000. Stoneridge Investment Partners LLC acquired a new position in BofI during the third quarter worth $214,000. Finally, Jaffetilchin Investment Partners LLC acquired a new position in BofI during the third quarter worth $228,000. Hedge funds and other institutional investors own 84.40% of the company’s stock.

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BofI Company Profile

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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