Brevan Howard Capital Management LP Lowers Stock Holdings in SoFi Technologies, Inc. $SOFI

Brevan Howard Capital Management LP lowered its position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 34.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 127,439 shares of the company’s stock after selling 66,327 shares during the period. Brevan Howard Capital Management LP’s holdings in SoFi Technologies were worth $3,367,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SOFI. Xcel Wealth Management LLC raised its holdings in shares of SoFi Technologies by 0.6% during the 3rd quarter. Xcel Wealth Management LLC now owns 70,932 shares of the company’s stock valued at $1,874,000 after buying an additional 392 shares in the last quarter. Key Client Fiduciary Advisors LLC boosted its stake in SoFi Technologies by 3.1% in the third quarter. Key Client Fiduciary Advisors LLC now owns 14,101 shares of the company’s stock worth $373,000 after buying an additional 419 shares in the last quarter. Assetmark Inc. grew its position in SoFi Technologies by 50.5% during the third quarter. Assetmark Inc. now owns 1,273 shares of the company’s stock valued at $34,000 after acquiring an additional 427 shares during the last quarter. Cigna Investments Inc. New raised its stake in shares of SoFi Technologies by 4.2% during the third quarter. Cigna Investments Inc. New now owns 11,024 shares of the company’s stock worth $291,000 after acquiring an additional 446 shares in the last quarter. Finally, Blume Capital Management Inc. raised its stake in shares of SoFi Technologies by 52.9% during the third quarter. Blume Capital Management Inc. now owns 1,300 shares of the company’s stock worth $34,000 after acquiring an additional 450 shares in the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at SoFi Technologies

In related news, Director Steven J. Freiberg sold 94,225 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $20.31, for a total value of $1,913,709.75. Following the sale, the director directly owned 588,849 shares of the company’s stock, valued at $11,959,523.19. This represents a 13.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kelli Keough sold 9,755 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $18.87, for a total value of $184,076.85. Following the completion of the transaction, the executive vice president owned 293,725 shares of the company’s stock, valued at approximately $5,542,590.75. This trade represents a 3.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 214,753 shares of company stock valued at $5,045,087 over the last ninety days. Insiders own 2.60% of the company’s stock.

Analyst Upgrades and Downgrades

SOFI has been the topic of several recent research reports. UBS Group set a $24.50 target price on shares of SoFi Technologies in a report on Monday, February 2nd. JPMorgan Chase & Co. raised shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target for the company in a research note on Tuesday, February 3rd. Weiss Ratings restated a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Barclays raised their price objective on SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Finally, The Goldman Sachs Group lowered their target price on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Tuesday, January 6th. Seven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $26.34.

SoFi Technologies Price Performance

SOFI stock opened at $17.63 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18. SoFi Technologies, Inc. has a 1 year low of $8.60 and a 1 year high of $32.73. The firm has a 50-day moving average of $21.87 and a 200 day moving average of $25.60. The company has a market cap of $22.48 billion, a P/E ratio of 46.40 and a beta of 2.21.

SoFi Technologies (NASDAQ:SOFI) last posted its earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. During the same quarter in the prior year, the business earned $0.05 EPS. The business’s revenue for the quarter was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. On average, sell-side analysts forecast that SoFi Technologies, Inc. will post 0.26 EPS 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.