SoFi Technologies, Inc. $SOFI Stake Raised by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. raised its holdings in SoFi Technologies, Inc. (NASDAQ:SOFI) by 30.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 137,845 shares of the company’s stock after acquiring an additional 32,495 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in SoFi Technologies were worth $3,642,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in SOFI. SJS Investment Consulting Inc. raised its holdings in shares of SoFi Technologies by 840.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 1,119 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in SoFi Technologies during the third quarter worth approximately $29,000. Assetmark Inc. grew its position in SoFi Technologies by 50.5% in the third quarter. Assetmark Inc. now owns 1,273 shares of the company’s stock worth $34,000 after buying an additional 427 shares during the last quarter. Blume Capital Management Inc. grew its position in SoFi Technologies by 52.9% in the third quarter. Blume Capital Management Inc. now owns 1,300 shares of the company’s stock worth $34,000 after buying an additional 450 shares during the last quarter. Finally, Bessemer Group Inc. bought a new position in shares of SoFi Technologies in the third quarter valued at $36,000. Institutional investors own 38.43% of the company’s stock.

Insider Transactions at SoFi Technologies

In related news, CTO Jeremy Rishel sold 91,837 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $26.64, for a total value of $2,446,537.68. Following the completion of the sale, the chief technology officer directly owned 794,598 shares in the company, valued at approximately $21,168,090.72. The trade was a 10.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Robert S. Lavet purchased 5,000 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were purchased at an average price of $21.04 per share, with a total value of $105,200.00. Following the completion of the acquisition, the general counsel directly owned 17,172 shares of the company’s stock, valued at approximately $361,298.88. This trade represents a 41.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 214,753 shares of company stock worth $5,045,087. 2.60% of the stock is currently owned by company insiders.

SoFi Technologies Trading Down 1.8%

NASDAQ SOFI opened at $18.90 on Friday. The firm’s 50 day moving average price is $22.95 and its two-hundred day moving average price is $25.87. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. SoFi Technologies, Inc. has a twelve month low of $8.60 and a twelve month high of $32.73. The stock has a market cap of $24.10 billion, a price-to-earnings ratio of 49.74 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. During the same quarter last year, the firm posted $0.05 earnings per share. SoFi Technologies’s revenue 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. Equities analysts anticipate that SoFi Technologies, Inc. will post 0.26 EPS for the current year.

SoFi Technologies News Summary

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

• Positive Sentiment: Mastercard partnership expands SoFiUSD settlement reach, positioning SoFi to capture cross-border and merchant settlement flows and boosting credibility for its fully reserved stablecoin; a material distribution channel if adoption grows. SoFi (SOFI), Mastercard (MA) Partner to Integrate SoFiUSD Stablecoin for Global Settlement
• Positive Sentiment: SoFi selected BitGo to power custody/distribution for SoFiUSD, lowering execution risk for launches and signaling institutional-grade infrastructure behind the stablecoin. SoFi Selects BitGo to Power Bank-Issued Stablecoin
• Positive Sentiment: SoFiUSD has been enabled across Mastercard’s payments network in multiple announcements — this repetition in press coverage highlights distribution momentum that could translate into payments volume and new revenue streams. SoFi’s stablecoin joins Mastercard’s network
• Positive Sentiment: Unusual options activity: a large uptick in call purchases suggests short-term bullish positioning by traders, which can amplify intraday moves if sentiment continues. (Intraday options volume data)
• Neutral Sentiment: SoFi is running member-facing product initiatives (e.g., private-market access via Templum) that diversify revenue and deepen member engagement, supporting long-term monetization but with uncertain short-term earnings impact. Templum to Offer Private Market Opportunities to SoFi Members
• Neutral Sentiment: Several bullish long-term narratives and retail-targeted features appear in opinion pieces (The Motley Fool, others), which can support investor interest but are speculative and not guaranteed to move near-term fundamentals. Is SoFi Technologies Stock Your Ticket to Becoming a Millionaire?
• Negative Sentiment: Analysts remain mixed: Truist reaffirmed a Hold and cut its price target, and consensus ratings skew toward Hold — that analyst caution keeps downward pressure on the stock while investors wait for consistent margin/earnings beats to justify current multiples. Analyst Opinion Mixed on SoFi Technologies (SOFI) Stock

Analyst Ratings Changes

SOFI has been the subject of a number of recent research reports. JPMorgan Chase & Co. upgraded SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective for the company in a research report on Tuesday, February 3rd. Barclays boosted their target price on SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. The Goldman Sachs Group reduced their target price on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a research report on Monday, February 9th. Finally, UBS Group set a $24.50 price target on SoFi Technologies in a research note on Monday, February 2nd. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $26.34.

SoFi Technologies Company 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.