Corient Private Wealth LP Buys Shares of 130,647 SoFi Technologies, Inc. $SOFI

Corient Private Wealth LP bought a new stake in SoFi Technologies, Inc. (NASDAQ:SOFI) during the 2nd quarter, Holdings Channel reports. The fund bought 130,647 shares of the company’s stock, valued at approximately $2,343,000.

Several other institutional investors also recently modified their holdings of SOFI. Valley Wealth Managers Inc. bought a new position in SoFi Technologies in the fourth quarter valued at approximately $25,000. Vermillion Wealth Management Inc. raised its position in shares of SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock valued at $26,000 after acquiring an additional 739 shares during the last quarter. Reflection Asset Management bought a new stake in shares of SoFi Technologies during the 4th quarter valued at $28,000. Raiffeisen Bank International AG acquired a new position in shares of SoFi Technologies in the 4th quarter valued at $34,000. Finally, Cornerstone Planning Group LLC lifted its stake in shares of SoFi Technologies by 232.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 2,099 shares of the company’s stock valued at $34,000 after purchasing an additional 1,467 shares during the period. Institutional investors and hedge funds own 38.43% of the company’s stock.

SoFi Technologies Stock Up 4.6%

Shares of SoFi Technologies stock opened at $17.84 on Thursday. The firm has a market cap of $23.04 billion, a PE ratio of 37.17, a P/E/G ratio of 1.40 and a beta of 2.20. The business’s 50 day simple moving average is $17.86 and its 200 day simple moving average is $17.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.10 and a current ratio of 0.74. SoFi Technologies, Inc. has a 52-week low of $14.88 and a 52-week high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.11 billion. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%.The business’s revenue was up 42.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. On average, analysts predict that SoFi Technologies, Inc. will post 0.61 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: Scotiabank initiated coverage with a “Sector Outperform” rating and a $25 price target, implying substantial upside from recent levels. The initiation provides a new positive valuation signal and may be supporting the stock. Scotiabank Initiates SoFi Technologies at Sector Outperform
• Positive Sentiment: A bullish investment thesis argues that SoFi’s product flywheel, rising cross-selling, expanding non-lending products and growing fee-based revenue are making the business less dependent on loan origination. Its Loan Platform Business could also support growth without adding as much credit risk to SoFi’s balance sheet. Is SoFi’s Product Flywheel Gaining Enough Traction to Lift SOFI Stock?
• Neutral Sentiment: SoFi’s deposit base is viewed as a potential interest-rate hedge, while management’s strategy to expand fee-based revenue could improve resilience. However, the thesis notes that additional revenue investment has not necessarily translated into higher near-term profit targets. SoFi’s Deposits Aren’t a Moat: They’re a Rate Hedge
• Negative Sentiment: Rising Treasury yields are weighing on balance-sheet lenders such as SoFi because higher funding costs and tighter financial conditions can pressure loan demand, margins and credit-sensitive businesses. SoFi and Affirm recently underperformed brokerage-focused fintech companies. SoFi Drops as Yields Hit Balance-Sheet Lenders
• Negative Sentiment: Retail discussion has become less favorable, with some Stocktwits users preferring Robinhood over SoFi. This reflects competitive concerns and weaker short-term sentiment rather than a change in SoFi’s fundamentals. SOFI’s Decline Has Retail Looking Elsewhere

Wall Street Analyst Weigh In

A number of brokerages recently commented on SOFI. Scotiabank assumed coverage on SoFi Technologies in a research note on Wednesday. They set a “sector outperform” rating and a $25.00 price objective for the company. Morgan Stanley cut their target price on shares of SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating on the stock in a report on Thursday, July 30th. Mizuho lowered their price target on SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Truist Financial raised their price target on SoFi Technologies from $18.00 to $19.00 and gave the stock a “hold” rating in a research report on Wednesday, August 12th. Finally, Weiss Ratings upgraded SoFi Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $22.55.

Insider Buying and Selling at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 11,286 shares of SoFi Technologies stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $18.00, for a total value of $203,148.00. Following the sale, the executive vice president directly owned 356,442 shares in the company, valued at approximately $6,415,956. The trade was a 3.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 102,123 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the sale, the chief technology officer directly owned 895,089 shares in the company, valued at $15,914,682.42. This trade represents a 10.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold 136,505 shares of company stock valued at $2,418,096 in the last 90 days. 2.50% of the stock is currently owned by corporate insiders.

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.