Pictet Asset Management Holding SA Has $13.27 Million Position in SoFi Technologies, Inc. $SOFI

Pictet Asset Management Holding SA increased its stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 17.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 506,478 shares of the company’s stock after purchasing an additional 75,507 shares during the quarter. Pictet Asset Management Holding SA’s holdings in SoFi Technologies were worth $13,268,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in SOFI. Brighton Jones LLC raised its position in 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 in the last quarter. Caxton Associates LLP bought a new position in SoFi Technologies during the first quarter valued at approximately $129,000. Empowered Funds LLC raised its position in SoFi Technologies by 5.2% during the first quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock valued at $385,000 after acquiring an additional 1,631 shares in the last quarter. Franklin Resources Inc. raised its position in SoFi Technologies by 23.2% during the second quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock valued at $251,000 after acquiring an additional 2,596 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in SoFi Technologies during the second quarter valued at approximately $4,633,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at SoFi Technologies

In related news, General Counsel Robert S. Lavet purchased 5,000 shares of the stock in a transaction on Friday, February 6th. The shares were bought at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the completion of the acquisition, the general counsel directly owned 17,172 shares in the company, valued at approximately $361,298.88. This trade represents a 41.08% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Jeremy Rishel sold 94,958 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total value of $1,655,117.94. Following the transaction, the chief technology officer owned 839,640 shares in the company, valued at approximately $14,634,925.20. This trade represents a 10.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 38,900 shares of company stock valued at $705,398 and have sold 218,422 shares valued at $4,105,468. 2.60% of the stock is currently owned by company insiders.

SoFi Technologies Trading Up 2.0%

Shares of SOFI stock opened at $16.43 on Friday. SoFi Technologies, Inc. has a 12 month low of $12.43 and a 12 month high of $32.73. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $17.59 and its two-hundred day moving average is $23.38. The company has a market cap of $20.95 billion, a PE ratio of 37.34 and a beta of 2.12.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. SoFi Technologies had a return on equity of 6.63% and a net margin of 14.65%.The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Equities analysts predict that SoFi Technologies, Inc. will post 0.6 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SOFI. Citizens Jmp upgraded shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a report on Monday, February 9th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.00 price objective on shares of SoFi Technologies in a report on Thursday. Truist Financial decreased their price objective on shares of SoFi Technologies from $21.00 to $20.00 and set a “hold” rating for the company in a report on Friday, April 24th. Argus began coverage on shares of SoFi Technologies in a report on Wednesday, April 15th. They issued a “hold” rating for the company. Finally, JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective for the company in a report on Tuesday, February 3rd. Seven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $23.61.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Record Q1 operating beat — SoFi reported ~41% YoY revenue growth, $340M EBITDA and 14.7M members with improving NIMs and deposit growth; bulls say the pullback hides durable growth and cross?sell momentum. Article Title
• Positive Sentiment: High-profile support: Jim Cramer and other commentators called the market’s sell-off an overreaction to conservative guidance, which could encourage value buyers. Article Title
• Positive Sentiment: Research/upside from brokers — Needham reiterated a Buy and set a $25 PT (lower from $33) supporting a bullish case for patient investors. Article Title
• Neutral Sentiment: New product push — SoFi launched “Big Business Banking” to integrate fiat and crypto for enterprise clients; strategically positive longer-term but unlikely to move near?term estimates. Article Title
• Neutral Sentiment: Management commentary — CEO told Jim Cramer they held guidance because they don’t expect rate cuts this year; explains conservative outlook but signals steadiness. Article Title
• Neutral Sentiment: Options and investor flows — Unusually large call buying was reported after earnings, showing speculative/hedged bullish interest even amid the sell?off.
• Negative Sentiment: Chime exit hit Technology Platform revenue — The transition of a large client in-house drove a ~27% YoY decline in Technology Platform revenue, raising near?term top?line pressure for that segment. Article Title
• Negative Sentiment: Unchanged FY guidance sparked the sell-off — Despite record Q1, management kept 2026 guidance flat citing rates/visibility, which disappointed investors who expected upside. Article Title
• Negative Sentiment: Legal/short?report overhang — A securities?fraud investigation notice and earlier short?seller allegations keep headline risk elevated and may weigh on sentiment until resolved. Article Title
• Negative Sentiment: Analyst downgrades/target trims — TD Cowen cut its PT to $18 and moved to Hold, reflecting the debate over “sell-on-beat” dynamics and limited near-term upside. Article Title

SoFi Technologies Company Profile

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.