SoFi Technologies (NASDAQ:SOFI) General Counsel Robert Lavet Buys 5,000 Shares

SoFi Technologies, Inc. (NASDAQ:SOFIGet Free Report) General Counsel Robert Lavet acquired 5,000 shares of the stock in a transaction on Friday, February 6th. The stock was purchased at an average cost of $21.04 per share, with a total value of $105,200.00. Following the transaction, the general counsel directly owned 17,172 shares of the company’s stock, valued at $361,298.88. This represents a 41.08% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

SoFi Technologies Stock Performance

Shares of SOFI stock opened at $20.86 on Friday. The company’s fifty day moving average price is $26.20 and its two-hundred day moving average price is $26.26. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.80 and a quick ratio of 0.16. The firm has a market capitalization of $25.16 billion, a P/E ratio of 54.90, a P/E/G ratio of 1.19 and a beta of 2.13. SoFi Technologies, Inc. has a 12 month low of $8.60 and a 12 month high of $32.73.

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on SOFI. Mizuho set a $38.00 price objective on shares of SoFi Technologies in a research note on Thursday, October 30th. Jefferies Financial Group reaffirmed a “buy” rating and set a $35.00 price target on shares of SoFi Technologies in a research report on Tuesday, October 28th. Keefe, Bruyette & Woods lifted their price target on SoFi Technologies from $18.00 to $20.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 29th. Citigroup increased their target price on SoFi Technologies from $28.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of SoFi Technologies in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $25.44.

Read Our Latest Analysis on SoFi Technologies

Institutional Trading of SoFi Technologies

Several hedge funds have recently added to or reduced their stakes in the business. Valley Wealth Managers Inc. acquired a new position in shares of SoFi Technologies during the fourth quarter valued at $25,000. Blue Trust Inc. grew its position in SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after buying an additional 878 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in SoFi Technologies in the 4th quarter valued at about $28,000. Salomon & Ludwin LLC bought a new stake in shares of SoFi Technologies during the 3rd quarter worth about $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SoFi Technologies in the 4th quarter worth approximately $29,000. Institutional investors own 38.43% of the company’s stock.

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About SoFi Technologies

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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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Insider Buying and Selling by Quarter for SoFi Technologies (NASDAQ:SOFI)

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