SoFi Technologies, Inc. $SOFI Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its position in SoFi Technologies, Inc. (NASDAQ:SOFI) by 46.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,282 shares of the company’s stock after selling 67,867 shares during the quarter. GSA Capital Partners LLP’s holdings in SoFi Technologies were worth $2,042,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SOFI. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in SoFi Technologies by 12.5% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,879,959 shares of the company’s stock valued at $88,864,000 after purchasing an additional 540,610 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in SoFi Technologies during the 2nd quarter worth $209,000. Quantbot Technologies LP purchased a new position in SoFi Technologies during the 2nd quarter worth $25,699,000. Marex Group plc acquired a new position in SoFi Technologies in the second quarter valued at $11,179,000. Finally, Sigma Planning Corp raised its holdings in shares of SoFi Technologies by 34.7% in the second quarter. Sigma Planning Corp now owns 60,653 shares of the company’s stock valued at $1,104,000 after buying an additional 15,617 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SOFI. Truist Financial lowered their target price on SoFi Technologies from $31.00 to $28.00 and set a “hold” rating on the stock in a research note on Tuesday, November 25th. Jefferies Financial Group reiterated a “buy” rating and issued a $35.00 price objective on shares of SoFi Technologies in a research report on Tuesday, October 28th. JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective for the company in a research report on Tuesday, February 3rd. Needham & Company LLC lowered their target price on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, Citizens Jmp upgraded shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, SoFi Technologies presently has a consensus rating of “Hold” and an average target price of $26.21.

Insider Activity

In other SoFi Technologies news, EVP Kelli Keough sold 9,468 shares of SoFi Technologies stock in a transaction that occurred on Tuesday, January 20th. The shares were 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 of the company’s stock, valued at $7,814,610. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Eric Schuppenhauer bought 5,000 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was acquired at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the purchase, the executive vice president owned 228,768 shares in the company, valued at approximately $4,559,346.24. This trade represents a 2.23% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 261,470 shares of company stock valued at $6,276,524 in the last 90 days. 2.60% of the stock is owned by corporate insiders.

SoFi Technologies Stock Performance

Shares of SOFI opened at $19.61 on Tuesday. SoFi Technologies, Inc. has a 1 year low of $8.60 and a 1 year high of $32.73. The company’s 50 day simple moving average is $25.18 and its 200 day simple moving average is $26.26. The company has a market capitalization of $23.65 billion, a price-to-earnings ratio of 51.61 and a beta of 2.13. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.16 and a current ratio of 0.80.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 6.48%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. During the same period in the prior year, the firm posted $0.05 EPS. The company’s 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. On average, sell-side analysts predict that SoFi Technologies, Inc. will post 0.26 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.