TD Asset Management Inc Invests $4.96 Million in SoFi Technologies, Inc. $SOFI

TD Asset Management Inc purchased a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 187,690 shares of the company’s stock, valued at approximately $4,959,000.

A number of other institutional investors have also added to or reduced their stakes in SOFI. Brighton Jones LLC grew its stake 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 worth $11,077,000 after buying an additional 14,281 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of SoFi Technologies during the 1st quarter valued at $129,000. Empowered Funds LLC grew its position in 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 acquiring an additional 1,631 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SoFi Technologies by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 74,223 shares of the company’s stock worth $1,352,000 after purchasing an additional 4,505 shares in the last quarter. Finally, Strs Ohio raised its position in SoFi Technologies by 1.1% in the second quarter. Strs Ohio now owns 85,570 shares of the company’s stock valued at $1,558,000 after purchasing an additional 972 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: CEO Anthony Noto bought roughly $1 million of SOFI stock (about 56,000 shares), his first purchase since 2024; investors view this as a confidence signal from management and a classic “buy the dip” move that has helped lift the shares. SoFi CEO Just Bought $1 Million of His Own Stock — And Analysts Think It Could Hit $26
• Positive Sentiment: SoFi and Mastercard announced that Mastercard will provide settlement for SoFiUSD stablecoin transactions across its global payments network — a meaningful commercial step that could broaden SoFi’s payments footprint and increase fee/settlement revenue if executed. Mastercard to provide settlement for SoFi stablecoin transactions
• Positive Sentiment: Analysts are turning more constructive: at least one upgrade to “Buy” cites a Q4 dual beat (revenue and EPS), upbeat guidance, attractive valuation (PEG ~0.79, FY2027 forward P/E ~23) and the recent insider buy as validation. That uplift in sentiment is supporting the rally. SoFi: The Rebound Has Started (Rating Upgrade)
• Neutral Sentiment: Multiple news outlets are highlighting the combination of insider buying and the Mastercard partnership, increasing visibility and trading interest — media flow itself can amplify short‑term moves even if fundamentals take longer to change. Stock Market Today, March 3: SoFi Technologies Rises on Mastercard Stablecoin Deal
• Negative Sentiment: SOFI remains off its highs (reports cite declines of ~30–44% from peak), trading below key moving averages; that prior sell‑off is why many investors remain cautious and why rebounds can be volatile. SoFi Drops 44%. Should You Buy the Stock Now or Stay Away?
• Negative Sentiment: Company liquidity and technicals are potential headwinds — SOFI’s short‑term ratios are low and the stock carries a high beta, so macro volatility or execution setbacks (including regulatory or adoption risk around stablecoins) could reverse gains. SoFi’s stock rises as CEO Anthony Noto reacts to recent selloff with a $1 million purchase

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Truist Financial dropped their price objective on shares of SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. 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 report on Monday, February 9th. Needham & Company LLC cut their price target on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, UBS Group set a $24.50 price objective on shares of SoFi Technologies in a research report on Monday, February 2nd. Seven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, SoFi Technologies presently has a consensus rating of “Hold” and an average price target of $26.34.

SoFi Technologies Trading Up 1.2%

Shares of SoFi Technologies stock opened at $18.61 on Wednesday. The stock has a 50 day moving average price of $23.45 and a two-hundred day moving average price of $25.98. SoFi Technologies, Inc. has a 52 week low of $8.60 and a 52 week high of $32.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The stock has a market capitalization of $23.73 billion, a PE ratio of 48.97 and a beta of 2.20.

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

Insider Buying and Selling at SoFi Technologies

In related news, General Counsel Robert S. Lavet acquired 5,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was purchased at an average cost of $21.04 per share, with a total value of $105,200.00. Following the acquisition, the general counsel owned 17,172 shares of the company’s stock, valued at approximately $361,298.88. This trade represents a 41.08% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CTO Jeremy Rishel sold 91,837 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total value of $2,446,537.68. Following the completion of the transaction, the chief technology officer owned 794,598 shares in the company, valued at $21,168,090.72. This represents a 10.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 214,753 shares of company stock worth $5,045,087. 2.60% 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.