SoFi Technologies (NASDAQ:SOFI) EVP Sells $155,874.61 in Stock

SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough sold 10,037 shares of SoFi Technologies stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $15.53, for a total transaction of $155,874.61. Following the completion of the transaction, the executive vice president owned 323,247 shares in the company, valued at $5,020,025.91. This trade represents a 3.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kelli Keough also recently made the following trade(s):

• On Tuesday, April 21st, Kelli Keough sold 9,742 shares of SoFi Technologies stock. The stock was sold at an average price of $19.25, for a total transaction of $187,533.50.
• On Friday, March 20th, Kelli Keough sold 9,742 shares of SoFi Technologies stock. The stock was sold at an average price of $16.94, for a total transaction of $165,029.48.

SoFi Technologies Stock Performance

SOFI traded down $0.03 during trading on Friday, hitting $15.62. The stock had a trading volume of 57,887,071 shares, compared to its average volume of 63,474,426. The firm has a market cap of $20.04 billion, a PE ratio of 35.50 and a beta of 2.12. SoFi Technologies, Inc. has a 12 month low of $12.74 and a 12 month high of $32.73. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. The company has a 50 day simple moving average of $16.84 and a 200-day simple moving average of $22.13.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vestor Capital LLC boosted its position in shares of SoFi Technologies by 549.3% during the 1st quarter. Vestor Capital LLC now owns 6,532 shares of the company’s stock valued at $104,000 after acquiring an additional 5,526 shares in the last quarter. BankChampaign National Association acquired a new stake in shares of SoFi Technologies during the 1st quarter valued at about $254,000. Norris Financial Group LLC acquired a new stake in shares of SoFi Technologies during the 1st quarter valued at about $828,000. Western Wealth Management LLC acquired a new stake in shares of SoFi Technologies during the 1st quarter valued at about $110,000. Finally, Centaurus Financial Inc. boosted its position in shares of SoFi Technologies by 549.3% during the 1st quarter. Centaurus Financial Inc. now owns 72,374 shares of the company’s stock valued at $1,149,000 after acquiring an additional 61,228 shares in the last quarter. Institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SOFI. TD Cowen dropped their target price on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating on the stock in a report on Thursday, April 30th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.00 target price on shares of SoFi Technologies in a report on Thursday, April 30th. Mizuho set a $29.00 price objective on shares of SoFi Technologies in a report on Wednesday, May 6th. UBS Group dropped their price objective on shares of SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective on the stock in a report on Tuesday, February 3rd. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, SoFi Technologies has a consensus rating of “Hold” and a consensus target price of $22.56.

SoFi Technologies Company 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.