Anthony Noto Buys 28,900 Shares of SoFi Technologies (NASDAQ:SOFI) Stock

SoFi Technologies, Inc. (NASDAQ:SOFI) CEO Anthony Noto purchased 28,900 shares of SoFi Technologies stock in a transaction dated Tuesday, March 17th. The stock was bought at an average cost of $17.32 per share, with a total value of $500,548.00. Following the completion of the transaction, the chief executive officer owned 11,704,352 shares in the company, valued at approximately $202,719,376.64. This represents a 0.25% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

SoFi Technologies Trading Down 1.1%

Shares of NASDAQ SOFI opened at $17.18 on Thursday. SoFi Technologies, Inc. has a 1-year low of $8.60 and a 1-year high of $32.73. The business has a fifty day moving average price of $21.49 and a 200 day moving average price of $25.48. The stock has a market capitalization of $21.91 billion, a P/E ratio of 45.21 and a beta of 2.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18.

SoFi Technologies (NASDAQ:SOFI) last posted its earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. Equities research analysts expect that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Hedge Funds Weigh In On SoFi Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lake Street Private Wealth LLC increased its holdings in shares of SoFi Technologies by 4.9% in the fourth quarter. Lake Street Private Wealth LLC now owns 8,368 shares of the company’s stock valued at $219,000 after purchasing an additional 390 shares during the period. Xcel Wealth Management LLC lifted its holdings in shares of SoFi Technologies by 0.6% during the third quarter. Xcel Wealth Management LLC now owns 70,932 shares of the company’s stock worth $1,874,000 after purchasing an additional 392 shares during the period. Capital Advisors Wealth Management LLC lifted its holdings in shares of SoFi Technologies by 0.4% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 109,483 shares of the company’s stock worth $2,866,000 after purchasing an additional 401 shares during the period. First Horizon Corp boosted its position in SoFi Technologies by 14.9% in the fourth quarter. First Horizon Corp now owns 3,116 shares of the company’s stock valued at $82,000 after buying an additional 405 shares during the last quarter. Finally, Cigna Investments Inc. New increased its holdings in SoFi Technologies by 3.8% in the 4th quarter. Cigna Investments Inc. New now owns 11,440 shares of the company’s stock worth $299,000 after buying an additional 416 shares during the period. Hedge funds and other institutional investors own 38.43% of the company’s stock.

SoFi Technologies News Summary

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

• Positive Sentiment: Insider confidence — CEO Anthony Noto bought 28,900 shares (~$500k), signaling management confidence and providing a visible support narrative for investors. SEC Form 4
• Positive Sentiment: SoFi pushed back aggressively — the company called the Muddy Waters report “factually inaccurate and misleading” and said it will explore legal action, which may blunt some selling if regulators or courts dismiss the allegations. SoFi rebuts short report
• Positive Sentiment: Third‑party recognition — SoFi Invest ranked #1 in JD Power’s 2026 U.S. Investor Satisfaction study for DIY investors, supporting the company’s consumer franchise and fee‑revenue outlook. JD Power ranking
• Neutral Sentiment: Heavy trading and volatility — shares traded at elevated volume with big intraday swings; fundamentals (revenue growth, recent profitability) remain intact but the stock sits below longer-term moving averages, increasing short‑term technical uncertainty. Key facts / trading note
• Negative Sentiment: Short-seller allegations — Muddy Waters’ report accused SoFi of aggressive accounting/“financial engineering,” which directly triggered selling and raises the risk of prolonged reputational and regulatory scrutiny. Muddy Waters short report
• Negative Sentiment: Sector/market pressure — earlier reports of lending restrictions by big banks and strains in the private‑credit market amplified selling pressure across fintech credit names, adding an external headwind to SoFi’s shares. Private credit headwinds

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Truist Financial cut their price target on shares of SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. The Goldman Sachs Group reduced their price target on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 6th. UBS Group set a $24.50 price objective on SoFi Technologies in a report on Monday, February 2nd. Finally, Citizens Jmp raised SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research report on Monday, February 9th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, SoFi Technologies has a consensus rating of “Hold” and a consensus target price of $26.34.

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.