BofI Holding Inc. (NASDAQ:BOFI) Director Theodore C. Allrich sold 5,000 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $24.25, for a total transaction of $121,250.00. Following the transaction, the director now owns 225,076 shares of the company’s stock, valued at approximately $5,458,093. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of BofI Holding Inc. (NASDAQ:BOFI) remained flat at $24.40 during trading on Thursday. 900,225 shares of the stock traded hands. The firm has a market cap of $1.54 billion, a PE ratio of 12.86 and a beta of 0.08. BofI Holding Inc. has a 52 week low of $13.47 and a 52 week high of $25.13. The company’s 50-day moving average is $21.71 and its 200-day moving average is $19.64.

BofI Holding (NASDAQ:BOFI) last posted its quarterly earnings results on Thursday, October 27th. The company reported $0.45 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.45. BofI Holding had a return on equity of 18.49% and a net margin of 30.22%. During the same quarter in the prior year, the company posted $1.60 EPS. Equities research analysts anticipate that BofI Holding Inc. will post $2.10 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp increased its position in BofI Holding by 1.4% in the first quarter. State Street Corp now owns 1,163,813 shares of the company’s stock worth $24,836,000 after buying an additional 16,095 shares during the period. UBS Asset Management Americas Inc. increased its position in BofI Holding by 314.3% in the first quarter. UBS Asset Management Americas Inc. now owns 125,951 shares of the company’s stock worth $2,688,000 after buying an additional 95,551 shares during the period. LPL Financial LLC increased its position in BofI Holding by 25.6% in the first quarter. LPL Financial LLC now owns 43,446 shares of the company’s stock worth $921,000 after buying an additional 8,856 shares during the period. BNP Paribas Arbitrage SA increased its position in BofI Holding by 124.0% in the second quarter. BNP Paribas Arbitrage SA now owns 18,022 shares of the company’s stock worth $319,000 after buying an additional 9,975 shares during the period. Finally, Capstone Asset Management Co. increased its position in BofI Holding by 13.2% in the second quarter. Capstone Asset Management Co. now owns 24,866 shares of the company’s stock worth $440,000 after buying an additional 2,890 shares during the period. 86.71% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have commented on the stock. FBR & Co set a $33.00 price objective on shares of BofI Holding and gave the stock a “buy” rating in a research report on Sunday, October 30th. Stephens assumed coverage on shares of BofI Holding in a research report on Wednesday. They set an “overweight” rating for the company. Zacks Investment Research upgraded shares of BofI Holding from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Finally, Vetr upgraded shares of BofI Holding from a “buy” rating to a “strong-buy” rating and set a $24.90 price objective for the company in a research report on Wednesday, August 31st. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $30.58.

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About BofI Holding

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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