Bedell Frazier Investment Counselling LLC Takes Position in SoFi Technologies, Inc. $SOFI

Bedell Frazier Investment Counselling LLC purchased a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) during the third quarter, Holdings Channel reports. The institutional investor purchased 102,236 shares of the company’s stock, valued at approximately $2,701,000.

Other hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of SoFi Technologies during the second quarter worth $164,068,000. Vanguard Group Inc. grew its position in shares of SoFi Technologies by 6.8% in the third quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock valued at $2,829,640,000 after purchasing an additional 6,814,727 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of SoFi Technologies during the 2nd quarter valued at $115,188,000. Marshall Wace LLP lifted its holdings in SoFi Technologies by 88.2% during the 2nd quarter. Marshall Wace LLP now owns 7,997,146 shares of the company’s stock worth $145,628,000 after purchasing an additional 3,748,817 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in SoFi Technologies by 87.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,361,809 shares of the company’s stock worth $168,079,000 after purchasing an additional 2,961,849 shares during the period. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

SoFi Technologies Trading Down 7.0%

Shares of SoFi Technologies stock opened at $17.76 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18. SoFi Technologies, Inc. has a 1 year low of $8.60 and a 1 year high of $32.73. The firm has a market cap of $22.65 billion, a PE ratio of 46.74 and a beta of 2.13. The company has a 50 day simple moving average of $23.80 and a two-hundred day simple moving average of $26.04.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. During the same quarter in the prior year, the firm earned $0.05 EPS. The business’s revenue for the quarter 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. Analysts expect that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling at SoFi Technologies

In related news, EVP Kelli Keough sold 9,755 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $18.87, for a total value of $184,076.85. Following the completion of the sale, the executive vice president owned 293,725 shares in the company, valued at $5,542,590.75. The trade was a 3.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Robert S. Lavet purchased 5,000 shares of SoFi Technologies stock in a transaction on Friday, February 6th. The shares were acquired at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the completion of the transaction, the general counsel directly owned 17,172 shares of the company’s stock, valued at approximately $361,298.88. The trade was a 41.08% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have sold 214,753 shares of company stock valued at $5,045,087. 2.60% of the stock is currently owned by company insiders.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: Jim Cramer called SOFI a “legitimate steal” after the stock’s roughly 40% decline, a high‑profile bullish endorsement that can attract retail buying and reframe the risk/reward for value‑oriented investors. Jim Cramer Calls SoFi Stock a ‘Legitimate Steal’ Following 40% Decline
• Positive Sentiment: SoFi announced support for Solana network deposits, becoming the first U.S.‑chartered bank to allow direct on‑chain SOL transfers for its user base — a product expansion that could drive engagement with crypto‑native customers and differentiate SoFi’s digital bank offering. SoFi Announces the Support for Solana Network Deposits
• Positive Sentiment: BeinCrypto highlights the same Solana capability and frames it as a first‑mover advantage for SoFi’s 13.7M users — a strategic move that may help customer acquisition and cross‑sell of financial products to crypto users. SoFi Becomes First US Chartered Bank to Support Solana Deposits
• Positive Sentiment: Jim Cramer reiterated bullish views in other broadcasts and writeups, calling SOFI “too cheap to ignore” given its growth metrics and reasonable valuation metrics; this consistent media backing can support a retail rebound. Jim Cramer on SoFi: “Now I Think It Is Too Cheap to Ignore”
• Positive Sentiment: Seeking Alpha argues the pullback creates a potential “generational entry point,” citing durable member growth and platform diversification — a long‑term bull case that could attract value managers if execution continues. SoFi’s Reset Could Be A Generational Entry Point
• Neutral Sentiment: The Motley Fool reviews SoFi’s trajectory over three years, noting strong historical performance but acknowledging short‑term weakness — useful context for investors weighing time horizon and execution risk. Where Will SoFi Technologies Be in 3 Years?
• Neutral Sentiment: Benzinga and other market‑color pieces summarize intraday volatility and the drivers behind the move today — useful for trading‑oriented investors but not new fundamental information. What’s Going On With SoFi Technologies Stock Friday?
• Negative Sentiment: Yahoo Finance notes that despite record revenue (> $1.01B) and strong net income, a broader fintech selloff, executive share sales, and cooling sentiment have outweighed fundamentals — these behavioral and supply‑side pressures are a near‑term headwind for the stock. Record Profit and Fintech Selloff Might Change The Case For Investing In SoFi Technologies (SOFI)

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on SOFI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. UBS Group set a $24.50 price objective on shares of SoFi Technologies in a research note on Monday, February 2nd. Citizens Jmp upgraded shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a research note on Monday, February 9th. JPMorgan Chase & Co. raised shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target for the company in a report on Tuesday, February 3rd. Finally, Bank of America began coverage on shares of SoFi Technologies in a report on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 price target on the stock. Seven analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, SoFi Technologies currently has an average rating of “Hold” and an average target price of $26.34.

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.