Nomura Asset Management Co. Ltd. Buys 40,000 Shares of SoFi Technologies, Inc. $SOFI

Nomura Asset Management Co. Ltd. lifted its stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 11.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 375,700 shares of the company’s stock after purchasing an additional 40,000 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in SoFi Technologies were worth $9,836,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Valley Wealth Managers Inc. bought a new stake in shares of SoFi Technologies during the 4th quarter valued at $25,000. Blue Trust Inc. raised 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 valued at $26,000 after purchasing an additional 878 shares during the period. Central Pacific Bank Trust Division bought a new stake in shares of SoFi Technologies during the 4th quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SoFi Technologies during the fourth quarter worth about $29,000. Finally, Quaker Wealth Management LLC grew its position in SoFi Technologies by 2,745.2% during the fourth quarter. Quaker Wealth Management LLC now owns 1,195 shares of the company’s stock worth $31,000 after buying an additional 1,153 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. UBS Group reduced their target price on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Stephens reduced their target price on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Wells Fargo & Company reduced their target price on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. Argus assumed coverage on SoFi Technologies in a research report on Wednesday, April 15th. They set a “hold” rating for the company. Finally, Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price for the company in a research report on Monday, February 9th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $22.56.

Insider Buying and Selling at SoFi Technologies

In other SoFi Technologies news, CEO Anthony Noto bought 15,545 shares of the business’s stock in a transaction on Monday, May 11th. The shares were acquired at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the purchase, the chief executive officer owned 11,946,619 shares in the company, valued at approximately $191,145,904. This trade represents a 0.13% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Jeremy Rishel sold 94,958 shares of the stock in a transaction 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 sale, the chief technology officer owned 839,640 shares in the company, valued at approximately $14,634,925.20. This represents a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 124,479 shares of company stock worth $2,163,556. Insiders own 2.60% of the company’s stock.

SoFi Technologies Price Performance

SOFI opened at $17.74 on Wednesday. The stock has a 50-day moving average price of $16.72 and a 200-day moving average price of $21.50. SoFi Technologies, Inc. has a 12-month low of $13.23 and a 12-month high of $32.73. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $22.76 billion, a P/E ratio of 40.32 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 analysts’ expectations of $1.05 billion. During the same period in the prior year, the business earned $0.06 EPS. The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Equities analysts predict that SoFi Technologies, Inc. will post 0.59 earnings per share for the current fiscal year.

Key SoFi Technologies News

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

• Positive Sentiment: SoFi launched SoFi Coach, an AI-powered financial assistant that helps members budget, save, invest, and get personalized money guidance inside the app. The new product highlights SoFi’s push to deepen engagement and expand its digital financial platform, which investors may view as a long-term growth driver. Article Title
• Positive Sentiment: SoFi is now eligible for S&P 500 inclusion after posting its 10th straight quarter of GAAP profitability and reaching the market-cap threshold. If added, index funds and other passive investors would likely buy shares, which could boost demand and support the stock. Article Title
• Positive Sentiment: Commentary around SoFi’s recent rally suggests momentum remains strong, with some analysts and market watchers pointing to a re-rating driven by trading volume, investor interest, and improving confidence in the business mix. Article Title
• Neutral Sentiment: SoFi also appointed former Visa executive Kathleen Pierce-Gilmore as president of technology solutions, a move that may strengthen leadership but is not yet a direct financial catalyst. Article Title
• Neutral Sentiment: Several articles note heavy investor search interest and speculation about whether SoFi could be the next S&P 500 addition, but these reports are largely sentiment-driven rather than new fundamental developments. Article Title
• Negative Sentiment: Some coverage remains cautious, with one piece saying doubling from current levels looks like a stretch over the next 12 months. That kind of skepticism can temper enthusiasm even amid the recent rally. Article Title

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.