Philadelphia Investment Partners LLC Invests $1.07 Million in SoFi Technologies, Inc. $SOFI

Philadelphia Investment Partners LLC bought a new position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 59,550 shares of the company’s stock, valued at approximately $1,068,000.

Several other institutional investors have also bought and sold shares of SOFI. Brighton Jones LLC lifted its holdings in shares of SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock valued at $11,077,000 after acquiring an additional 14,281 shares during the period. Caxton Associates LLP bought a new stake in shares of SoFi Technologies in the 1st quarter worth about $129,000. Empowered Funds LLC increased its position in shares of SoFi Technologies by 5.2% during the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock worth $385,000 after purchasing an additional 1,631 shares in the last quarter. Franklin Resources Inc. increased its position in shares of SoFi Technologies by 23.2% during the 2nd quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock worth $251,000 after purchasing an additional 2,596 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of SoFi Technologies during the 2nd quarter worth about $4,633,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: SoFi’s broader fintech strategy is attracting investors, with the company increasingly positioned as an integrated “everything app” spanning lending, deposits, investing and financial technology services. SoFi Technologies Jumps As Fintech Story Expands
• Positive Sentiment: Analysts and investors remain encouraged by steady revenue and earnings growth. SoFi has exceeded or met expectations for 11 consecutive quarters, while its latest results showed revenue growth of 42.5% year over year and EPS above consensus. SoFi: The Everything App Thesis Is Playing Out
• Positive Sentiment: The SoFiUSD stablecoin initiative is moving toward real-world payments, including 24/7 transfers and an initial $300 million liquidity pool. The announcement has linked SOFI to renewed investor interest in stablecoins and digital-asset infrastructure. SoFi Technologies Stablecoin Push
• Positive Sentiment: SOFI recently outperformed the broader financial sector, with technical momentum improving as shares moved back above their 50-day and 200-day trend lines. Sofi Stock Is Trending: A Key Level Just Came Into Play
• Neutral Sentiment: Reported short interest was zero shares, indicating no meaningful short-position data to provide an additional bullish or bearish signal.
• Neutral Sentiment: Analyst sentiment is mixed: the consensus rating is “Hold,” but the average price target of $22.42 remains above recent trading levels. Piper Sandler initiated coverage with an “Overweight” rating and a $22 target.
• Negative Sentiment: Executive Vice President Kelli Keough sold 11,286 shares worth approximately $203,000. The transaction was made under a pre-arranged Rule 10b5-1 plan and represents only a modest reduction in her holdings, limiting its significance but still creating a minor overhang. Kelli Keough Sells SoFi Shares
• Negative Sentiment: Valuation risk remains: SOFI trades at roughly 23 times forward earnings and has a high beta, leaving the stock sensitive to profit-taking, interest-rate expectations and execution risk surrounding new products.

Analyst Ratings Changes

SOFI has been the topic of a number of recent analyst reports. Morgan Stanley reduced their price target on shares of SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating on the stock in a research report on Thursday, July 30th. Needham & Company LLC dropped their price objective on shares of SoFi Technologies from $25.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Wells Fargo & Company cut their target price on shares of SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Piper Sandler started coverage on SoFi Technologies in a report on Monday, August 17th. They issued an “overweight” rating and a $22.00 target price on the stock. Finally, Mizuho decreased their price target on SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $22.42.

Insider Buying and Selling

In related news, CTO Jeremy Rishel sold 102,123 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the completion of the sale, the chief technology officer owned 895,089 shares of the company’s stock, valued at $15,914,682.42. This trade represents a 10.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kelli Keough sold 11,286 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $18.00, for a total transaction of $203,148.00. Following the completion of the transaction, the executive vice president owned 356,442 shares of the company’s stock, valued at $6,415,956. This trade represents a 3.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 136,505 shares of company stock valued at $2,418,096. 2.50% of the stock is currently owned by company insiders.

SoFi Technologies Stock Down 0.8%

Shares of NASDAQ SOFI opened at $18.84 on Thursday. SoFi Technologies, Inc. has a 12-month low of $14.88 and a 12-month high of $32.73. The firm’s 50-day simple moving average is $17.81 and its 200 day simple moving average is $17.57. The company has a quick ratio of 0.10, a current ratio of 0.74 and a debt-to-equity ratio of 0.30. The company has a market cap of $24.33 billion, a price-to-earnings ratio of 39.25 and a beta of 2.17.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter last year, the company posted $0.08 EPS. The company’s quarterly revenue was up 42.5% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. On average, research analysts expect that SoFi Technologies, Inc. will post 0.61 earnings per share for the current fiscal year.

About SoFi Technologies

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.