SoFi Technologies, Inc. $SOFI Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 32.3% during the 3rd quarter, Holdings Channel reports. The fund owned 167,461 shares of the company’s stock after selling 79,810 shares during the period. Oppenheimer & Co. Inc.’s holdings in SoFi Technologies were worth $2,632,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Cornerstone Planning Group LLC raised its holdings 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 in the last quarter. Compass Financial Management LLC purchased a new stake in shares of SoFi Technologies in the 2nd quarter worth approximately $34,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of SoFi Technologies by 44.2% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 2,248 shares of the company’s stock worth $35,000 after purchasing an additional 689 shares during the period. Markowski Investments bought a new position in shares of SoFi Technologies during the second quarter valued at approximately $38,000. Finally, Ascentis Independent Advisors bought a new position in shares of SoFi Technologies during the first quarter valued at approximately $40,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Insider Buying and Selling at SoFi Technologies

In related news, CTO Jeremy Rishel sold 18,624 shares of the business’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $17.50, for a total transaction of $325,920.00. Following the transaction, the chief technology officer directly owned 912,650 shares in the company, valued at $15,971,375. The trade was a 2.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kelli Keough sold 10,203 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $14.72, for a total value of $150,188.16. Following the transaction, the executive vice president directly owned 397,870 shares in the company, valued at $5,856,646.40. This represents a 2.50% decrease in their ownership of the stock. 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 quarter, insiders have sold 50,316 shares of company stock valued at $852,605. Company insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Truist Financial cut their price objective on shares of SoFi Technologies from $19.00 to $16.00 and set a “hold” rating on the stock in a report on Friday, October 23rd. Wells Fargo & Company restated a “negative” rating on shares of SoFi Technologies in a report on Wednesday. Monness Crespi & Hardt initiated coverage on SoFi Technologies in a report on Monday, October 26th. They set a “buy” rating and a $20.00 target price for the company. The Goldman Sachs Group set a $15.00 target price on SoFi Technologies in a research report on Tuesday, October 13th. Finally, Stonex Financia upgraded SoFi Technologies to a “strong-buy” rating in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $21.23.

SoFi Technologies Trading Down 4.8%

NASDAQ:SOFI opened at $16.76 on Friday. SoFi Technologies, Inc. has a 52 week low of $13.86 and a 52 week high of $32.73. The firm has a 50 day moving average of $16.58 and a 200 day moving average of $17.89. 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 stock has a market capitalization of $21.65 billion, a price-to-earnings ratio of 30.47, a PEG ratio of 1.00 and a beta of 2.33.

SoFi Technologies (NASDAQ:SOFI) last announced its earnings results on Tuesday, October 27th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. SoFi Technologies had a net margin of 15.60% and a return on equity of 6.89%. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period last year, the firm earned $0.11 earnings per share. SoFi Technologies’s revenue was up 44.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that SoFi Technologies, Inc. will post 0.61 earnings per share for the current fiscal year.

SoFi Technologies News Summary

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

• Positive Sentiment: Strong earnings and raised outlook: SoFi reported its sixth consecutive earnings beat, with third-quarter revenue up 44% year over year to $1.37 billion and EPS of $0.18 versus the $0.17 consensus. Adjusted EBITDA reached a record $470 million, and management issued 2027 guidance above Wall Street expectations, including approximately $6.4 billion in revenue and $0.90 in EPS. SoFi Technologies: 2027 Growth Outlook Looks Underpriced
• Positive Sentiment: Improving profitability and funding economics: Expanding net interest margin, lower-cost deposits and growing fee-based businesses are strengthening SoFi’s earnings model. Analysts highlighted a 6.14% net interest margin, 17% capital ratio and favorable credit trends, including lower net charge-offs. SoFi’s $745 Million Advantage Is Hiding in Deposits
• Positive Sentiment: More bullish analyst views: Keefe, Bruyette & Woods raised its price target, while Wells Fargo forecast significant appreciation. One analyst estimated fair value of $23–$26, implying substantial upside from recent levels. SoFi Price Target Boost
• Positive Sentiment: Expansion beyond traditional lending: SoFi plans to process approximately $25 billion of card volume on stablecoin rails, while its app is adding embedded Prudential life-insurance products. These initiatives could diversify revenue and deepen member engagement. SoFi Stablecoin Card Payments
• Neutral Sentiment: Execution remains the key test: Commentators noted that previous post-earnings rallies faded, making the next several quarters important for proving that the 2027 targets are achievable. SoFi Execution Must Continue
• Negative Sentiment: Valuation and profit-taking pressure: Although forward valuation appears reasonable relative to projected EPS growth, SOFI remains a high-beta stock. Investors may be locking in gains after the earnings rally and questioning whether exceptional growth can continue, contributing to the stock’s decline despite favorable fundamentals.

SoFi Technologies Company Profile

SoFi Technologies, Inc is a digital financial services company that provides lending, banking, investing and other personal finance products through its online platform and mobile app. The company serves consumers primarily in the United States and aims to provide a centralized alternative to traditional financial institutions.

SoFi’s offerings include personal loans, student loan refinancing, home loans, checking and savings accounts, credit cards, investment products and financial education resources.