Legacy Capital Group California Inc. Invests $1.35 Million in SoFi Technologies, Inc. $SOFI

Legacy Capital Group California Inc. purchased a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 51,460 shares of the company’s stock, valued at approximately $1,347,000.

Other institutional investors also recently made changes to their positions in the company. A&I Financial Services LLC bought a new position in SoFi Technologies during the fourth quarter valued at about $262,000. West Michigan Advisors LLC lifted its position in shares of SoFi Technologies by 18.0% during the 4th quarter. West Michigan Advisors LLC now owns 17,466 shares of the company’s stock valued at $457,000 after acquiring an additional 2,663 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of SoFi Technologies by 12.7% during the 4th quarter. HB Wealth Management LLC now owns 9,999 shares of the company’s stock worth $262,000 after acquiring an additional 1,125 shares in the last quarter. Kingswood Wealth Advisors LLC grew its holdings in shares of SoFi Technologies by 142.5% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 20,163 shares of the company’s stock worth $528,000 after acquiring an additional 11,848 shares during the last quarter. Finally, Hobbs Group Advisors LLC purchased a new stake in SoFi Technologies during the fourth quarter valued at about $387,000. 38.43% of the stock is owned by institutional investors and hedge funds.

SoFi Technologies Trading Down 1.6%

Shares of SOFI opened at $18.75 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The stock has a market cap of $23.91 billion, a PE ratio of 49.31 and a beta of 2.24. SoFi Technologies, Inc. has a 1 year low of $11.76 and a 1 year high of $32.73. The stock has a 50 day simple moving average of $17.82 and a 200-day simple moving average of $23.76.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. During the same period last year, the business earned $0.05 earnings per share. The business’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 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on SOFI shares. Needham & Company LLC decreased their target price on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Weiss Ratings restated a “hold (c)” rating on shares of SoFi Technologies in a report on Thursday, January 22nd. The Goldman Sachs Group decreased their target price on shares of SoFi Technologies from $25.00 to $20.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Barclays cut their target price on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Finally, Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a research note on Monday, February 9th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $24.85.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: SoFi launched a fully digital HELOC and created a Real Estate Advisory Council to support home-lending and property services — expands addressable market for lending and deepens member engagement. SoFi Expands Home Lending to Give Members Greater Access
• Positive Sentiment: SoFi added XRP deposit support for its ~13.7M customers, becoming the first nationally chartered U.S. bank to support XRP deposits — a potential differentiator in crypto-enabled retail banking and an engagement driver. SoFi Expands HELOC And XRP Offerings As Valuation Premium Persists
• Positive Sentiment: Longer-term bull case: commentary arguing SoFi is gaining share and growing quickly, suggesting strategic initiatives could support recovery from prior drawdowns. SoFi Stock Is Down 47% Right Now. Here’s What the Bears Are Missing.
• Neutral Sentiment: Market note: multiple summaries report SOFI outpacing the broader market on the latest session — reflects short-term momentum but not a change in fundamentals. SoFi Technologies, Inc. (SOFI) Outpaces Stock Market Gains
• Neutral Sentiment: Transcript available for SoFi’s Q2 2025 earnings call — useful for investors tracking management commentary on margins, lending trends, and product adoption ahead of the next report. SoFi (SOFI) Q2 2025 Earnings Call Transcript
• Negative Sentiment: Analyst previews warn SoFi may not have the setup for an earnings beat next week — could cap upside and increase short-term volatility around the report. SoFi Technologies, Inc. (SOFI) Earnings Expected to Grow
• Negative Sentiment: User reports and commentary suggest there may be limitations or “a catch” to the XRP rollout (customer experience, custody or functionality concerns) — could temper initial enthusiasm and slow adoption. XRP News: SoFi Just Added XRP for 13.7 Million Customers

Insiders Place Their Bets

In other SoFi Technologies news, Director Steven J. Freiberg sold 94,225 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $20.31, for a total value of $1,913,709.75. Following the completion of the transaction, the director directly owned 588,849 shares of the company’s stock, valued at approximately $11,959,523.19. The trade was a 13.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Jeremy Rishel sold 94,958 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $17.43, for a total transaction of $1,655,117.94. Following the sale, the chief technology officer owned 839,640 shares in the company, valued at $14,634,925.20. This trade represents a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders purchased 38,900 shares of company stock worth $705,398 and sold 208,680 shares worth $3,917,934. Company insiders own 2.60% of the company’s stock.

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.