Nykredit A S Buys Shares of 376,064 SoFi Technologies, Inc. $SOFI

Nykredit A S purchased a new position in SoFi Technologies, Inc. (NASDAQ:SOFIFree Report) during the 2nd quarter, HoldingsChannel reports. The firm purchased 376,064 shares of the company’s stock, valued at approximately $6,743,000.

Several other hedge funds also recently modified their holdings of SOFI. Valley Wealth Managers Inc. acquired a new position in SoFi Technologies during the 4th quarter valued at $25,000. Vermillion Wealth Management Inc. grew its position in SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 739 shares during the last quarter. Reflection Asset Management bought a new position in shares of SoFi Technologies during the 4th quarter worth about $28,000. Cornerstone Planning Group LLC increased its holdings in shares of SoFi Technologies by 232.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,099 shares of the company’s stock worth $34,000 after purchasing an additional 1,467 shares during the period. Finally, Compass Financial Management LLC acquired a new position in shares of SoFi Technologies during the second quarter valued at about $34,000. 38.43% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Kelli Keough sold 11,286 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $18.00, for a total transaction of $203,148.00. Following the transaction, the executive vice president owned 356,442 shares of the company’s stock, valued at $6,415,956. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 102,123 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the completion of the transaction, the chief technology officer owned 895,089 shares in the company, valued at approximately $15,914,682.42. This represents a 10.24% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders have sold 136,505 shares of company stock valued at $2,418,096. 2.50% of the stock is currently owned by corporate insiders.

Key Stories Impacting SoFi Technologies

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

  • Positive Sentiment: Payward/Kraken partnership expands SoFi’s digital-asset infrastructure. Payward, the parent of Kraken, will connect to SoFi’s Big Business Banking capabilities and SoFi Exchange Network, use Kraken Prime for crypto liquidity, and gain access to 24/7 U.S.-dollar settlement. The agreement also makes SoFiUSD available on Kraken, potentially increasing stablecoin adoption, transaction activity, and fee opportunities. SoFi integrates Payward into real-time settlement network
  • Positive Sentiment: Scotiabank initiated coverage with a Sector Outperform rating and a $25 price target. The target implies meaningful upside from recent trading levels and provides fresh institutional support for SoFi’s growth strategy. Scotiabank initiates coverage
  • Positive Sentiment: Analysts and bullish commentary continue to point to record revenue, member growth, improving cross-selling, and a long-term opportunity for SoFiUSD and digital financial services. SoFi price prediction
  • Neutral Sentiment: The Kraken deal is strategically significant but its financial impact is uncertain. SoFi must convert expanded stablecoin access, settlement volume, and crypto liquidity into recurring revenue while managing regulatory and digital-asset risks. SoFi-Kraken partnership
  • Negative Sentiment: Valuation remains a concern. Despite strong long-term returns and recent operating growth, some analysis suggests SOFI is expensive relative to intrinsic value and may already price in substantial future success. This valuation debate likely contributed to pressure on the shares. SoFi stock valuation analysis

SoFi Technologies Stock Performance

Shares of SoFi Technologies stock opened at $18.22 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.74 and a quick ratio of 0.10. The firm has a 50 day simple moving average of $17.89 and a 200 day simple moving average of $17.48. SoFi Technologies, Inc. has a fifty-two week low of $14.88 and a fifty-two week high of $32.73. The firm has a market cap of $23.53 billion, a P/E ratio of 37.96, a P/E/G ratio of 1.50 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFIGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $1.21 billion for 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Sell-side analysts predict that SoFi Technologies, Inc. will post 0.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Truist Financial boosted their price target on SoFi Technologies from $18.00 to $19.00 and gave the company a “hold” rating in a research note on Wednesday, August 12th. Needham & Company LLC lowered their price objective on SoFi Technologies from $25.00 to $24.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Wells Fargo & Company reduced their target price on SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Weiss Ratings raised shares of SoFi Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Piper Sandler began coverage on shares of SoFi Technologies in a research note on Monday, August 17th. They issued an “overweight” rating and a $22.00 price objective for the company. Nine analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, SoFi Technologies currently has a consensus rating of “Hold” and a consensus target price of $22.55.

Read Our Latest Research Report on SOFI

About SoFi Technologies

(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.

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Institutional Ownership by Quarter for SoFi Technologies (NASDAQ:SOFI)

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