SoFi Technologies (NASDAQ:SOFI) EVP Kelli Keough Sells 10,954 Shares

SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough sold 10,954 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $17.35, for a total transaction of $190,051.90. Following the completion of the transaction, the executive vice president owned 378,682 shares of the company’s stock, valued at $6,570,132.70. This trade represents a 2.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, May 20th, Kelli Keough sold 10,037 shares of SoFi Technologies stock. The stock was sold at an average price of $15.53, for a total transaction of $155,874.61.
• On Tuesday, April 21st, Kelli Keough sold 9,742 shares of SoFi Technologies stock. The shares were sold at an average price of $19.25, for a total transaction of $187,533.50.

SoFi Technologies Price Performance

Shares of NASDAQ SOFI opened at $17.29 on Wednesday. SoFi Technologies, Inc. has a 1 year low of $14.92 and a 1 year high of $32.73. The stock has a market capitalization of $22.18 billion, a P/E ratio of 39.30 and a beta of 2.14. The company’s 50-day moving average is $17.00 and its 200 day moving average is $20.26. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.13.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SOFI. Valley Wealth Managers Inc. purchased a new stake in shares of SoFi Technologies in the fourth quarter worth $25,000. Blue Trust Inc. raised its position in shares of SoFi Technologies by 655.2% in 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 during the last quarter. Vermillion Wealth Management Inc. raised its position in shares of SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 739 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in SoFi Technologies in the 4th quarter worth about $28,000. Finally, Reflection Asset Management bought a new position in SoFi Technologies in the 4th quarter worth about $28,000. Institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

SOFI has been the topic of several recent research reports. Stephens reduced their price target on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Argus assumed coverage on SoFi Technologies in a research report on Wednesday, April 15th. They set a “hold” rating for the company. Morgan Stanley set a $16.00 target price on shares of SoFi Technologies in a report on Thursday, April 30th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.00 target price on shares of SoFi Technologies in a research report on Thursday, April 30th. Finally, Needham & Company LLC decreased their price target on shares of SoFi Technologies from $33.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, SoFi Technologies has a consensus rating of “Hold” and an average target price of $22.56.

Key Headlines Impacting SoFi Technologies

Here are the key news stories impacting SoFi Technologies this week:

• Positive Sentiment: SoFi launched Composer by SoFi, an AI-powered investing platform designed to help customers create, test, and automate trading strategies, reinforcing its push to become an all-in-one digital financial services app. Reuters: SoFi deepens AI-powered trading ambitions with Composer deal
• Positive Sentiment: SoFi’s acquisition of Composer expands its AI investing capabilities and could broaden product usage and retention if the new tools gain traction with retail investors. Yahoo Finance: SoFi deepens AI-powered trading ambitions with Composer deal
• Positive Sentiment: Wall Street attention turned more favorable after Jim Cramer said he still believes SOFI is a buy, adding to bullish retail sentiment around the stock. Yahoo Finance: Jim Cramer on SoFi
• Neutral Sentiment: Some commentary remains cautious, noting SoFi still trades at a premium valuation and faces interest-rate and execution risks as it tries to grow new businesses like business banking and crypto. Seeking Alpha: SoFi market still misunderstanding its flywheel
• Negative Sentiment: Recent insider selling by the general counsel may be viewed cautiously, even though the filing said the sale was for tax withholding tied to equity awards. Insider Monkey: Jim Cramer on SoFi

About SoFi Technologies

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.