Healthcare of Ontario Pension Plan Trust Fund Acquires Shares of 1,704,000 SoFi Technologies, Inc. $SOFI

Healthcare of Ontario Pension Plan Trust Fund bought a new position in SoFi Technologies, Inc. (NASDAQ:SOFI) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,704,000 shares of the company’s stock, valued at approximately $27,060,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of SoFi Technologies by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after buying an additional 3,900,895 shares during the period. North Dakota State Investment Board acquired a new position in SoFi Technologies during the fourth quarter worth $1,044,000. Brighton Jones LLC grew its holdings in SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock worth $11,077,000 after acquiring an additional 14,281 shares during the period. Friedenthal Financial purchased a new position in SoFi Technologies in the fourth quarter worth $926,000. Finally, Alberta Investment Management Corp purchased a new position in SoFi Technologies in the fourth quarter worth $13,299,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Insiders Place Their Bets

In other news, 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 value of $190,051.90. Following the sale, the executive vice president directly owned 378,682 shares in the company, valued at $6,570,132.70. This represents a 2.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anthony Noto acquired 15,545 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the purchase, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at approximately $191,145,904. The trade was a 0.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders sold 124,302 shares of company stock valued at $2,182,523. Corporate insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Mizuho set a $29.00 target price on shares of SoFi Technologies in a research report on Wednesday, May 6th. Barclays cut their price target on shares of SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Truist Financial raised their price objective on shares of SoFi Technologies from $17.00 to $18.00 and gave the company a “hold” rating in a research note on Friday. Citigroup decreased their price objective on shares of SoFi Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Finally, TD Cowen dropped their target price on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Seven research 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, SoFi Technologies currently has an average rating of “Hold” and a consensus price target of $22.83.

More SoFi Technologies News

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

• Positive Sentiment: Truist Financial raised its price target on SoFi to $18 from $17, signaling slightly improved confidence in the stock’s near-term value, even though the firm kept a Hold rating. Truist raises SoFi price target
• Positive Sentiment: SoFi is drawing attention for giving retail investors access to the highly anticipated SpaceX IPO, which could help reinforce the appeal of its investing platform and support user engagement. SoFi brings SpaceX IPO access
• Neutral Sentiment: New outlook pieces from Yahoo Finance and Zacks focus on Wall Street’s Q2 2026 estimates for SoFi’s revenue, earnings, and other key operating metrics, suggesting investors are waiting for the company to prove continued growth when results are reported. SoFi Q2 outlook article
• Neutral Sentiment: Another article compares SoFi with Coinbase as a high-growth investment, keeping the stock in the spotlight but offering no direct new fundamental catalyst. Coinbase vs. SoFi article
• Negative Sentiment: SoFi’s stock has also recently fallen more than the broader market, reflecting continued pressure on the shares as investors digest the company’s growth outlook and recent trading weakness. SoFi dips more than broader market

SoFi Technologies Price Performance

SOFI stock opened at $16.46 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.13. The company’s 50 day simple moving average is $17.21 and its 200-day simple moving average is $18.75. SoFi Technologies, Inc. has a 12 month low of $14.92 and a 12 month high of $32.73. The firm has a market capitalization of $21.11 billion, a PE ratio of 37.41 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the firm posted $0.06 EPS. The company’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. Equities analysts expect that SoFi Technologies, Inc. will post 0.59 earnings per share for the current fiscal 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.