Bienville Capital Management LLC Buys Shares of 1,527,406 SoFi Technologies, Inc. $SOFI

Bienville Capital Management LLC purchased a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,527,406 shares of the company’s stock, valued at approximately $27,386,000. SoFi Technologies comprises about 3.7% of Bienville Capital Management LLC’s holdings, making the stock its 8th biggest position.

A number of other institutional investors have also modified their holdings of SOFI. BlackRock Inc. purchased a new position in SoFi Technologies in the second quarter worth $1,298,925,000. North Dakota State Investment Board purchased a new position in SoFi Technologies during the 4th quarter worth $1,044,000. Brighton Jones LLC grew its stake in SoFi Technologies by 2.0% during the 4th 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. Alberta Investment Management Corp acquired a new position in SoFi Technologies during the 4th quarter valued at about $13,299,000. Finally, Allstate Corp raised its stake in SoFi Technologies by 117.3% in the fourth quarter. Allstate Corp now owns 89,452 shares of the company’s stock valued at $2,342,000 after buying an additional 48,283 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

SoFi Technologies News Summary

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

• Positive Sentiment: SoFi’s partnership with Payward, the parent company of Kraken, is intended to connect SoFi’s banking infrastructure with digital-asset markets. The arrangement could expand payment, settlement and stablecoin-related activity, although investors have not yet assigned significant value to the opportunity. SoFi, Payward Team up to Connect Banking and Crypto Markets
• Positive Sentiment: Several commentators remain constructive on the long-term outlook. One analyst rated SoFi a Strong Buy with a $23 price target, citing lending growth, its Loan Platform Business, cross-selling, SoFi Plus and expanding technology-platform revenue. Jim Cramer also reiterated that he has been a longtime believer in the company. SoFi Technologies: Growth Is Doing The Heavy Lifting
• Neutral Sentiment: A trade-alert article presents an options strategy based on the possibility of a rebound. This is market positioning rather than a change to SoFi’s earnings outlook and may contribute to short-term volatility. SOFI trade alert
• Negative Sentiment: The stock declined despite the Kraken-related announcement and S&P 500 inclusion speculation, suggesting investors may be taking profits and demanding more tangible financial results before bidding the shares higher. Broader weakness in fintech also pressured sentiment, while SoFi’s elevated growth-stock valuation leaves it sensitive to risk reduction. SoFi Dips Despite Kraken Tie-Up
• Negative Sentiment: Chime’s planned acquisition of Stride Bank highlights intensifying competition among digital banks seeking lower funding costs and greater control over banking infrastructure. The deal is not a direct SoFi development, but it reinforces the need for SoFi to continue executing on its bank-charter and cross-selling advantages. Chime Finds Its Stride in a $590M Deal

Insider Activity

In related news, EVP Kelli Keough sold 11,286 shares of SoFi Technologies stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $18.00, for a total transaction of $203,148.00. Following the completion of the transaction, the executive vice president directly owned 356,442 shares in the company, valued at approximately $6,415,956. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 that occurred on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the completion of the transaction, the chief technology officer directly owned 895,089 shares of the company’s stock, valued at $15,914,682.42. The trade was a 10.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last ninety days, insiders have sold 136,505 shares of company stock worth $2,418,096. 2.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

SOFI has been the subject of several research analyst reports. Morgan Stanley decreased their price objective on shares of SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating for the company in a research report on Thursday, July 30th. Piper Sandler initiated coverage on shares of SoFi Technologies in a research report on Monday, August 17th. They set an “overweight” rating and a $22.00 target price on the stock. Loop Capital initiated coverage on shares of SoFi Technologies in a report on Tuesday. They issued a “hold” rating and a $22.00 price target for the company. Wells Fargo & Company lowered their price objective on shares of SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Finally, Weiss Ratings raised shares of SoFi Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $22.52.

SoFi Technologies Trading Down 3.8%

NASDAQ SOFI opened at $17.33 on Thursday. SoFi Technologies, Inc. has a 1 year low of $14.88 and a 1 year high of $32.73. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.74 and a quick ratio of 0.10. The company has a market capitalization of $22.38 billion, a PE ratio of 36.10, a P/E/G ratio of 1.48 and a beta of 2.20. The company has a fifty day moving average of $17.87 and a 200 day moving average of $17.43.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The company had revenue of $1.21 billion for 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 firm’s revenue for the quarter was up 42.5% compared to the same quarter last year. During the same period last year, the firm earned $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Research analysts forecast that SoFi Technologies, Inc. will post 0.61 earnings per share for the current year.

SoFi Technologies Company Profile

SoFi Technologies, Inc is a financial technology company that provides digital financial services to consumers in the United States. The company began in 2011 as a platform focused on student loan refinancing and has expanded into a broader range of lending, banking and investment products.

Through its SoFi platform, the company offers personal loans, student loans, home loans, checking and savings accounts, credit cards, brokerage and investing services, and financial planning tools. Its products are primarily delivered through digital channels, including its website and mobile applications.

SoFi also operates a technology platform business through Galileo Financial Technologies and Technisys, which provide payment, account-management and other financial infrastructure to banks, fintech companies and other businesses.