Williamson Legacy Group LLC Has $2.22 Million Stock Position in SoFi Technologies, Inc. $SOFI

Williamson Legacy Group LLC lifted its stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 60.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,729 shares of the company’s stock after purchasing an additional 31,845 shares during the quarter. SoFi Technologies accounts for 1.7% of Williamson Legacy Group LLC’s holdings, making the stock its 15th biggest holding. Williamson Legacy Group LLC’s holdings in SoFi Technologies were worth $2,218,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of SOFI. Valley Wealth Managers Inc. acquired a new stake in shares of SoFi Technologies during the 4th quarter worth $25,000. Blue Trust Inc. grew its holdings in shares of SoFi Technologies by 655.2% during the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after purchasing an additional 878 shares in the last quarter. Central Pacific Bank Trust Division acquired a new stake in SoFi Technologies in the fourth quarter valued at about $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SoFi Technologies in the fourth quarter valued at about $29,000. Finally, Quaker Wealth Management LLC boosted its stake in SoFi Technologies by 2,745.2% in the fourth quarter. Quaker Wealth Management LLC now owns 1,195 shares of the company’s stock valued at $31,000 after buying an additional 1,153 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Kelli Keough sold 10,037 shares of SoFi Technologies stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $15.53, for a total transaction of $155,874.61. Following the sale, the executive vice president directly owned 323,247 shares of the company’s stock, valued at approximately $5,020,025.91. This trade represents a 3.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 94,958 shares of SoFi Technologies stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total value of $1,655,117.94. Following the sale, the chief technology officer directly owned 839,640 shares in the company, valued at $14,634,925.20. The trade was a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 124,479 shares of company stock valued at $2,163,556. 2.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on SOFI shares. UBS Group reduced their price objective on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $18.00 price objective on shares of SoFi Technologies in a research note on Thursday, April 30th. Wells Fargo & Company reduced their price objective on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Truist Financial reduced their price objective on SoFi Technologies from $20.00 to $17.00 and set a “hold” rating on the stock in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. raised SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective on the stock in a research note on Tuesday, February 3rd. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, SoFi Technologies currently has a consensus rating of “Hold” and a consensus price target of $22.56.

SoFi Technologies Stock Performance

Shares of SOFI stock opened at $15.98 on Wednesday. The business’s 50-day moving average price is $16.70 and its 200-day moving average price is $21.83. SoFi Technologies, Inc. has a 12 month low of $12.86 and a 12 month high of $32.73. The firm has a market capitalization of $20.50 billion, a price-to-earnings ratio of 36.32 and a beta of 2.12. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, meeting analysts’ consensus estimates of $0.12. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the firm posted $0.06 earnings per share. The business’s revenue for the quarter was up 42.6% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Equities research analysts forecast that SoFi Technologies, Inc. will post 0.59 EPS for the current year.

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.