SoFi Technologies (NASDAQ:SOFI) General Counsel Robert Lavet Purchases 5,000 Shares

SoFi Technologies, Inc. (NASDAQ:SOFIGet Free Report) General Counsel Robert Lavet purchased 5,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were bought at an average cost of $21.04 per share, for a total transaction of $105,200.00. Following the acquisition, the general counsel owned 17,172 shares of the company’s stock, valued at approximately $361,298.88. The trade was a 41.08% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

SoFi Technologies Stock Performance

SOFI traded up $1.40 on Friday, hitting $20.86. 66,523,163 shares of the company traded hands, compared to its average volume of 59,512,520. SoFi Technologies, Inc. has a 12-month low of $8.60 and a 12-month high of $32.73. The company has a 50 day moving average of $26.38 and a 200-day moving average of $26.26. The company has a quick ratio of 0.16, a current ratio of 0.80 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $25.16 billion, a PE ratio of 54.90, a PEG ratio of 1.27 and a beta of 2.13.

SoFi Technologies (NASDAQ:SOFIGet Free Report) last released its earnings results 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 6.48% and a net margin of 13.34%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company’s revenue for the quarter was up 39.6% compared to the same quarter last year. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Sell-side analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

Hedge Funds Weigh In On SoFi Technologies

Hedge funds have recently bought and sold shares of the stock. Valley Wealth Managers Inc. purchased a new stake in shares of SoFi Technologies during the fourth quarter worth about $25,000. Blue Trust Inc. lifted its stake in shares of SoFi Technologies by 655.2% during the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after purchasing an additional 878 shares during the period. Central Pacific Bank Trust Division acquired a new stake in shares of SoFi Technologies during the fourth quarter worth $28,000. Salomon & Ludwin LLC acquired a new stake in shares of SoFi Technologies during the third quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SoFi Technologies in the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Trending Headlines about SoFi Technologies

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Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SOFI. Barclays lifted their target price on shares of SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. Weiss Ratings restated a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. JPMorgan Chase & Co. upgraded SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 target price on the stock in a research report on Tuesday. The Goldman Sachs Group reduced their price target on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $35.00 price objective on shares of SoFi Technologies in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $25.44.

View Our Latest Report on SoFi Technologies

SoFi Technologies Company Profile

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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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Insider Buying and Selling by Quarter for SoFi Technologies (NASDAQ:SOFI)

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