SoFi Technologies, Inc. $SOFI Stake Boosted by Vanguard Group Inc.

Vanguard Group Inc. increased its position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 6.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,102,212 shares of the company’s stock after acquiring an additional 6,814,727 shares during the period. Vanguard Group Inc. owned about 0.09% of SoFi Technologies worth $2,829,640,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of SoFi Technologies during the 2nd quarter worth about $164,068,000. Marshall Wace LLP raised its position in SoFi Technologies by 88.2% during the second quarter. Marshall Wace LLP now owns 7,997,146 shares of the company’s stock valued at $145,628,000 after acquiring an additional 3,748,817 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in SoFi Technologies by 2.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 6,628,309 shares of the company’s stock valued at $120,702,000 after acquiring an additional 155,583 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in SoFi Technologies by 87.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,361,809 shares of the company’s stock worth $168,079,000 after acquiring an additional 2,961,849 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in shares of SoFi Technologies during the 2nd quarter worth $115,188,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Kelli Keough sold 9,468 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $25.75, for a total transaction of $243,801.00. Following the transaction, the executive vice president directly owned 303,480 shares in the company, valued at $7,814,610. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Jeremy Rishel sold 91,837 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $26.64, for a total value of $2,446,537.68. Following the completion of the sale, the chief technology officer owned 794,598 shares of the company’s stock, valued at $21,168,090.72. This represents a 10.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 251,130 shares of company stock valued at $6,003,238 in the last quarter. 2.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SOFI shares. UBS Group set a $24.50 price objective on shares of SoFi Technologies in a research note on Monday, February 2nd. Keefe, Bruyette & Woods boosted their price target on SoFi Technologies from $18.00 to $20.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 29th. Citigroup increased their price objective on SoFi Technologies from $28.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. The Goldman Sachs Group reduced their target price on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $35.00 price target on shares of SoFi Technologies in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, SoFi Technologies has an average rating of “Hold” and a consensus target price of $26.34.

SoFi Technologies Stock Up 0.2%

SOFI opened at $19.54 on Thursday. SoFi Technologies, Inc. has a 1-year low of $8.60 and a 1-year high of $32.73. The company has a current ratio of 0.80, a quick ratio of 0.16 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $23.56 billion, a price-to-earnings ratio of 51.42 and a beta of 2.13. The business has a 50 day moving average of $24.89 and a 200-day moving average of $26.20.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 6.48%. The business’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, sell-side analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

About SoFi Technologies

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.