SoFi Technologies, Inc. $SOFI Shares Acquired by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC boosted its stake in SoFi Technologies, Inc. (NASDAQ:SOFI) by 212.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,140 shares of the company’s stock after acquiring an additional 27,283 shares during the period. Thoroughbred Financial Services LLC’s holdings in SoFi Technologies were worth $1,060,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SJS Investment Consulting Inc. increased its holdings in shares of SoFi Technologies by 840.3% in the third quarter. SJS Investment Consulting Inc. now owns 1,119 shares of the company’s stock valued at $30,000 after purchasing an additional 1,000 shares during the period. Salomon & Ludwin LLC purchased a new position in SoFi Technologies in the 3rd quarter valued at $29,000. Assetmark Inc. increased its stake in SoFi Technologies by 50.5% in the 3rd quarter. Assetmark Inc. now owns 1,273 shares of the company’s stock valued at $34,000 after buying an additional 427 shares during the period. Blume Capital Management Inc. raised its position in SoFi Technologies by 52.9% during the 3rd quarter. Blume Capital Management Inc. now owns 1,300 shares of the company’s stock worth $34,000 after buying an additional 450 shares during the last quarter. Finally, Bessemer Group Inc. acquired a new stake in shares of SoFi Technologies in the 3rd quarter worth $36,000. 38.43% of the stock is owned by institutional investors and hedge funds.

SoFi Technologies Stock Down 1.0%

SOFI opened at $19.10 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The company has a market cap of $23.03 billion, a price-to-earnings ratio of 50.26 and a beta of 2.13. SoFi Technologies, Inc. has a one year low of $8.60 and a one year high of $32.73. The business’s fifty day moving average is $23.99 and its two-hundred day moving average is $26.05.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, beating 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 business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. During the same quarter last year, the business posted $0.05 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Citizens Jmp raised shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a report on Monday, February 9th. Bank of America assumed coverage on SoFi Technologies in a report on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 price target for the company. Barclays lifted their price target on SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. UBS Group set a $24.50 price objective on SoFi Technologies in a research report on Monday, February 2nd. Finally, 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. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $26.34.

Insider Buying and Selling at SoFi Technologies

In related news, EVP Eric Schuppenhauer acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the transaction, the executive vice president directly owned 228,768 shares of the company’s stock, valued at approximately $4,559,346.24. This trade represents a 2.23% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Jeremy Rishel sold 91,837 shares of the firm’s stock in a transaction 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 transaction, the chief technology officer directly owned 794,598 shares of the company’s stock, valued at $21,168,090.72. The trade was a 10.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 214,753 shares of company stock worth $5,045,087. 2.60% of the stock is currently owned by insiders.

SoFi Technologies Profile

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.