SoFi Technologies, Inc. $SOFI is Seven Grand Managers LLC’s 7th Largest Position

Posted by Geri Gentry on May 28th, 2026

Seven Grand Managers LLC raised its stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI – Free Report) by 100.0% in the 4th quarter, Holdings Channel reports. The fund owned 1,500,000 shares of the company’s stock after acquiring an additional 750,000 shares during the quarter. SoFi Technologies accounts for approximately 3.0% of Seven Grand Managers LLC’s portfolio, making the stock its 7th biggest position. Seven Grand Managers LLC’s holdings in SoFi Technologies were worth $39,270,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SOFI. Vanguard Group Inc. raised its stake in shares of SoFi Technologies by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock worth $2,906,061,000 after buying an additional 3,900,895 shares in the last quarter. State Street Corp raised its stake in shares of SoFi Technologies by 30.7% during the 3rd quarter. State Street Corp now owns 24,300,498 shares of the company’s stock worth $642,019,000 after buying an additional 5,708,053 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of SoFi Technologies by 9.0% during the 4th quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company’s stock worth $618,395,000 after buying an additional 1,951,248 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of SoFi Technologies by 0.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 9,792,807 shares of the company’s stock worth $258,821,000 after buying an additional 67,504 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of SoFi Technologies by 10.4% during the 3rd quarter. Northern Trust Corp now owns 6,632,432 shares of the company’s stock worth $175,229,000 after buying an additional 625,571 shares in the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

SoFi Technologies Stock Performance

NASDAQ SOFI opened at $16.17 on Thursday. SoFi Technologies, Inc. has a 1-year low of $12.86 and a 1-year high of $32.73. The company has a market capitalization of $20.74 billion, a P/E ratio of 36.75 and a beta of 2.12. The business has a 50 day moving average price of $16.67 and a 200 day moving average price of $21.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.13.

SoFi Technologies (NASDAQ:SOFI – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the business posted $0.06 EPS. SoFi Technologies’s quarterly revenue was up 42.6% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Sell-side analysts expect that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal year.

Key SoFi Technologies News

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

Positive Sentiment: SoFi announced that SoFiUSD, a U.S. dollar-backed stablecoin issued by its national bank unit, is now available to nearly 15 million members inside the SoFi app, where users can buy, sell, hold, and convert it to dollars. The move is being framed as the first bank-issued stablecoin launched on a banking platform, a notable differentiator for SoFi. Article: SoFiUSD Becomes the First Stablecoin Issued by a US National Bank to Launch on a Banking Platform
Positive Sentiment: Multiple reports highlighted SoFiUSD’s rollout on Ethereum and Solana, reinforcing investor enthusiasm around SoFi’s blockchain strategy and its potential to generate new fee-based revenue through tokenized deposits and cross-border transfers. Article: SoFi brings SoFiUSD to nearly 15 million users with Ethereum and Solana support
Positive Sentiment: Commentary from crypto-focused coverage said the launch shows how the GENIUS Act regulatory framework is enabling mainstream financial firms to bring stablecoins to consumers, which may improve sentiment toward SoFi’s long-term fintech positioning. Article: SOFI Stock Gains After SoFiUSD Stablecoin Rollout On Ethereum, Solana
Neutral Sentiment: Some analyst and media coverage remains cautious, noting that while the stablecoin launch is a strategic milestone, investor attention will likely shift to whether customers actually use the product at scale and whether it meaningfully boosts growth. Article: SoFi Launches Stablecoin to Consumers as Crypto Push Continues
Negative Sentiment: Broader market commentary still describes SoFi as a volatile “battleground” stock and points to dilution risks, which may temper enthusiasm even as the company executes on new product launches. Article: SoFi vs. OppFi: Which Fintech Stock Should Investors Consider Buying?

Analyst Ratings Changes

A number of equities analysts have recently issued reports on SOFI shares. Argus started coverage on SoFi Technologies in a research note on Wednesday, April 15th. They set a “hold” rating for the company. Weiss Ratings downgraded SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Mizuho set a $29.00 target price on SoFi Technologies in a research note on Wednesday, May 6th. Wells Fargo & Company cut their target price on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. Finally, Stephens cut their target price on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating for the company in a research note 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 stock. According to data from MarketBeat.com, SoFi Technologies has an average rating of “Hold” and an average target price of $22.56.

Check Out Our Latest Stock Analysis on SoFi Technologies

Insider Activity at SoFi Technologies

In related news, EVP Kelli Keough sold 10,037 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $15.53, for a total value of $155,874.61. Following the completion of the transaction, the executive vice president directly owned 323,247 shares of the company’s stock, valued at $5,020,025.91. This trade represents a 3.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 94,958 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total value of $1,655,117.94. Following the completion of the transaction, the chief technology officer directly owned 839,640 shares of the company’s stock, valued at $14,634,925.20. The trade was a 10.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 124,479 shares of company stock valued at $2,163,556 in the last ninety days. Corporate insiders own 2.60% of the company’s stock.

SoFi Technologies Company Profile

(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.