SoFi Technologies (NASDAQ:SOFI) General Counsel Robert Lavet Sells 1,188 Shares

Posted by George Bondi on Jun 23rd, 2026

SoFi Technologies, Inc. (NASDAQ:SOFI – Get Free Report) General Counsel Robert Lavet sold 1,188 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $17.55, for a total transaction of $20,849.40. Following the completion of the transaction, the general counsel owned 88,200 shares in the company, valued at $1,547,910. The trade was a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SoFi Technologies Trading Down 4.5%

Shares of SOFI stock opened at $17.10 on Tuesday. SoFi Technologies, Inc. has a 1 year low of $14.64 and a 1 year high of $32.73. The firm has a fifty day moving average price of $16.98 and a 200-day moving average price of $20.34. 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 has a market cap of $21.93 billion, a price-to-earnings ratio of 38.86 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, hitting analysts’ consensus estimates of $0.12. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.05 billion. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.SoFi Technologies’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same period last year, the firm earned $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. As a group, equities analysts predict that SoFi Technologies, Inc. will post 0.59 earnings per share for the current year.

Hedge Funds Weigh In On SoFi Technologies

A number of hedge funds have recently made changes to their positions in the business. Brighton Jones LLC grew its position in shares of 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 purchasing an additional 14,281 shares in the last quarter. Caxton Associates LLP purchased a new position in SoFi Technologies in the 1st quarter worth approximately $129,000. Empowered Funds LLC lifted its holdings in SoFi Technologies by 5.2% in the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock worth $385,000 after purchasing an additional 1,631 shares in the last quarter. Franklin Resources Inc. boosted its stake in SoFi Technologies by 23.2% in the 2nd quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock worth $251,000 after purchasing an additional 2,596 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in SoFi Technologies in the 2nd quarter worth approximately $4,633,000. Institutional investors own 38.43% of the company’s stock.

Analyst Ratings Changes

SOFI has been the topic of several recent research reports. UBS Group decreased their price objective on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Mizuho set a $29.00 target price on shares of SoFi Technologies in a report on Wednesday, May 6th. Truist Financial decreased their target price on shares of SoFi Technologies from $20.00 to $17.00 and set a “hold” rating on the stock in a research note on Tuesday, May 12th. Argus initiated coverage on shares of SoFi Technologies in a report on Wednesday, April 15th. They set a “hold” rating on the stock. Finally, Needham & Company LLC dropped 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 report on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $22.56.

Check Out Our Latest Analysis on SOFI

About SoFi Technologies

(Get Free Report)

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.