Korea Investment CORP purchased a new position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI – Free Report) in the second quarter, HoldingsChannel reports. The fund purchased 823,937 shares of the company’s stock, valued at approximately $14,773,000.
Several other institutional investors and hedge funds have also modified their holdings of SOFI. Cary Street Partners Investment Advisory LLC boosted its position in SoFi Technologies by 21.2% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 2,880 shares of the company’s stock worth $75,000 after acquiring an additional 503 shares during the last quarter. Bensler LLC raised its holdings in SoFi Technologies by 3.6% in the 4th quarter. Bensler LLC now owns 17,450 shares of the company’s stock valued at $457,000 after acquiring an additional 600 shares during the last quarter. Mayflower Financial Advisors LLC raised its holdings in SoFi Technologies by 2.3% in the 1st quarter. Mayflower Financial Advisors LLC now owns 29,202 shares of the company’s stock valued at $464,000 after acquiring an additional 653 shares during the last quarter. CX Institutional lifted its stake in shares of SoFi Technologies by 36.2% during the 2nd quarter. CX Institutional now owns 2,477 shares of the company’s stock worth $44,000 after purchasing an additional 658 shares during the period. Finally, PKS Advisory Services LLC lifted its stake in shares of SoFi Technologies by 6.1% during the 4th quarter. PKS Advisory Services LLC now owns 11,800 shares of the company’s stock worth $309,000 after purchasing an additional 675 shares during the period. Hedge funds and other institutional investors own 38.43% of the company’s stock.
Insider Transactions at SoFi Technologies
In other news, CTO Jeremy Rishel sold 102,123 shares of SoFi Technologies stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total value of $1,815,746.94. Following the transaction, the chief technology officer directly owned 895,089 shares of the company’s stock, valued at $15,914,682.42. The trade was a 10.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kelli Keough sold 10,954 shares of the business’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $17.19, for a total value of $188,299.26. Following the sale, the executive vice president owned 367,728 shares of the company’s stock, valued at $6,321,244.32. The trade was a 2.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 125,219 shares of company stock valued at $2,214,948. 2.50% of the stock is owned by company insiders.
Key Headlines Impacting SoFi Technologies
- Positive Sentiment: Bitcoin’s breakout lifted crypto-linked fintech stocks, including SoFi, as capital moved into retail brokerages and digital-asset-related companies. The rally was also supported by renewed optimism around the proposed Clarity Act, which could establish clearer U.S. cryptocurrency regulations. SoFi, Robinhood and Affirm crypto rally article
- Positive Sentiment: Piper Sandler awarded SoFi an Overweight rating, while another Wall Street analyst suggested the shares could rise about 20%. The bullish view reflects SoFi’s recent earnings beats, improving profitability, and an attractive valuation after the stock’s difficult first half of 2026. Piper Sandler Overweight rating article Analyst 20 percent upside article
- Positive Sentiment: Unusually heavy call-option activity indicated bullish short-term trading interest, with 523,615 calls purchased—approximately 36% above typical daily volume.
- Positive Sentiment: SoFi’s reported record $14.8 billion in loan originations points to strong demand and continued growth potential. Its diversified revenue base, deposit funding, and stronger profitability were also cited as advantages over some fintech-lending peers. SoFi loan originations article
- Neutral Sentiment: The lending expansion remains dependent on credit performance and funding costs. Higher interest rates could pressure loan demand, margins, and the valuation investors are willing to assign to SOFI.
- Negative Sentiment: Some valuation analysis indicates that SoFi trades at a premium to estimated fair value despite its strong three-year returns, limiting the margin of safety and potentially capping further upside. SoFi valuation analysis
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on SOFI shares. Piper Sandler initiated coverage on SoFi Technologies in a report on Monday, August 17th. They set an “overweight” rating and a $22.00 price objective on the stock. UBS Group reduced their target price on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Citigroup decreased their price target on SoFi Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Truist Financial lifted their price target on SoFi Technologies from $18.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday, August 12th. Finally, TD Cowen dropped their price objective on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating for the company in a research note on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $22.42.
Check Out Our Latest Stock Analysis on SOFI
SoFi Technologies Price Performance
Shares of SOFI opened at $18.91 on Monday. The firm has a market cap of $24.42 billion, a PE ratio of 39.40 and a beta of 2.17. The company’s fifty day moving average is $17.73 and its two-hundred day moving average is $17.61. SoFi Technologies, Inc. has a fifty-two week low of $14.88 and a fifty-two week high of $32.73. The company has a quick ratio of 0.10, a current ratio of 0.74 and a debt-to-equity ratio of 0.30.
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.11 billion. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%.The business’s revenue for the quarter was up 42.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Analysts forecast that SoFi Technologies, Inc. will post 0.61 earnings per share for the current 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.
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