SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) CEO Anthony Noto bought 28,900 shares of the stock in a transaction on Tuesday, March 17th. The shares were bought at an average price of $17.32 per share, with a total value of $500,548.00. Following the acquisition, the chief executive officer owned 11,704,352 shares of the company's stock, valued at $202,719,376.64. This trade represents a 0.25% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.
SoFi Technologies Trading Down 1.5%
Shares of NASDAQ:SOFI opened at $17.37 on Wednesday. The company has a market capitalization of $22.15 billion, a PE ratio of 45.71 and a beta of 2.20. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a 12-month low of $8.60 and a 12-month high of $32.73. The business's fifty day simple moving average is $21.68 and its 200-day simple moving average is $25.54.
SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $984.75 million. During the same period in the prior year, the business posted $0.05 EPS. The firm's quarterly revenue was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, equities research analysts predict that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.
SoFi Technologies News Summary
Here are the key news stories impacting SoFi Technologies this week:
- Positive Sentiment: CEO Anthony Noto bought 28,900 shares (~$500k) at about $17.32, increasing his stake and signaling insider confidence. SEC Form 4
- Positive Sentiment: Analyst/market commentary highlights SoFi's strong FY25 metrics, growth guidance (management expects ~30% revenue growth to $4.7B for 2026) and a move toward a more capital‑light model — fundamentals that support longer‑term upside. SoFi: 1 Million Reasons To Buy
- Neutral Sentiment: Shares traded heavily with a large intraday volume spike; recent metrics show a market cap ~ $22B, P/E ~46, and the stock sits well below its 200‑day moving average — increased volatility but mixed technical signals. Zacks: Key Facts
- Negative Sentiment: A short‑seller report (Muddy Waters) accused SoFi of aggressive financial engineering and raised questions about the balance sheet — the allegations triggered selling and media scrutiny. Fool: Short-Seller Allegations
- Negative Sentiment: SoFi publicly rejected the Muddy Waters report and said it will consider legal action, but the dispute adds uncertainty until forensic details or regulatory scrutiny are resolved. Reuters: SoFi rejects Muddy Waters
- Negative Sentiment: Independent market pressure: reports that JPMorgan lending restrictions rattled the private‑credit market amplified selling in fintech/credit names, adding another layer of downside risk for SoFi. 247WallSt: Private Credit Headwinds
Institutional Trading of SoFi Technologies
Institutional investors have recently bought and sold shares of the stock. Lake Street Private Wealth LLC increased its stake in SoFi Technologies by 4.9% during the 4th quarter. Lake Street Private Wealth LLC now owns 8,368 shares of the company's stock valued at $219,000 after purchasing an additional 390 shares in the last quarter. Xcel Wealth Management LLC lifted its stake in shares of SoFi Technologies by 0.6% during the third quarter. Xcel Wealth Management LLC now owns 70,932 shares of the company's stock worth $1,874,000 after buying an additional 392 shares during the period. Capital Advisors Wealth Management LLC grew its holdings in shares of SoFi Technologies by 0.4% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 109,483 shares of the company's stock valued at $2,866,000 after buying an additional 401 shares during the last quarter. First Horizon Corp grew its holdings in shares of SoFi Technologies by 14.9% during the fourth quarter. First Horizon Corp now owns 3,116 shares of the company's stock valued at $82,000 after buying an additional 405 shares during the last quarter. Finally, Cigna Investments Inc. New increased its position in shares of SoFi Technologies by 3.8% in the 4th quarter. Cigna Investments Inc. New now owns 11,440 shares of the company's stock valued at $299,000 after acquiring an additional 416 shares during the period. 38.43% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
SOFI has been the subject of a number of analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Barclays lifted their price target on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 6th. UBS Group set a $24.50 price target on SoFi Technologies in a research report on Monday, February 2nd. Bank of America initiated coverage on SoFi Technologies in a report on Tuesday, January 6th. They set an "underperform" rating and a $20.50 price objective for the company. Finally, Needham & Company LLC dropped their target price on SoFi Technologies from $36.00 to $33.00 and set a "buy" rating on the stock in a research note on Monday, February 2nd. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, SoFi Technologies presently has a consensus rating of "Hold" and an average price target of $26.34.
Check Out Our Latest Research Report on SOFI
SoFi Technologies Company Profile
(
Get Free Report)
SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company's core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.
SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.
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