Edgestream Partners L.P. Decreases Stock Position in SoFi Technologies, Inc. $SOFI

Edgestream Partners L.P. cut its holdings in SoFi Technologies, Inc. (NASDAQ:SOFI) by 84.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,655 shares of the company’s stock after selling 202,100 shares during the quarter. Edgestream Partners L.P.’s holdings in SoFi Technologies were worth $582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Horizon Corp raised its stake in shares of SoFi Technologies by 14.9% in the fourth quarter. First Horizon Corp now owns 3,116 shares of the company’s stock worth $82,000 after purchasing an additional 405 shares during the last quarter. Wealthspan Partners LLC boosted its position in shares of SoFi Technologies by 2.4% during the fourth quarter. Wealthspan Partners LLC now owns 18,901 shares of the company’s stock valued at $495,000 after buying an additional 450 shares during the last quarter. Trivium Point Advisory LLC boosted its position in shares of SoFi Technologies by 3.6% during the fourth quarter. Trivium Point Advisory LLC now owns 14,245 shares of the company’s stock valued at $373,000 after buying an additional 500 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in SoFi Technologies by 21.2% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 2,880 shares of the company’s stock worth $75,000 after buying an additional 503 shares in the last quarter. Finally, Bensler LLC increased its holdings in SoFi Technologies by 3.6% in the 4th quarter. Bensler LLC now owns 17,450 shares of the company’s stock worth $457,000 after buying an additional 600 shares in the last quarter. 38.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SOFI. Argus initiated coverage on SoFi Technologies in a research report on Wednesday, April 15th. They issued a “hold” rating for the company. Needham & Company LLC dropped their price target on shares of SoFi Technologies from $25.00 to $24.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Mizuho reduced their price target on shares of SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. UBS Group decreased their price objective on shares of SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, Weiss Ratings downgraded shares of SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $22.38.

SoFi Technologies Stock Up 3.7%

SoFi Technologies stock opened at $18.70 on Wednesday. SoFi Technologies, Inc. has a one year low of $14.88 and a one year high of $32.73. The stock has a fifty day moving average of $17.39 and a 200 day moving average of $18.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.13 and a current ratio of 0.75. The stock has a market cap of $23.99 billion, a PE ratio of 38.96 and a beta of 2.17.

SoFi Technologies (NASDAQ:SOFI) last announced its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.11 billion. SoFi Technologies had a return on equity of 6.39% and a net margin of 14.78%.The business’s revenue for the quarter was up 42.5% on a year-over-year basis. During the same period last year, the firm posted $0.08 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, sell-side analysts predict that SoFi Technologies, Inc. will post 0.61 EPS for the current year.

More SoFi Technologies News

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

• Positive Sentiment: SoFi reported record second-quarter performance, including approximately $1.22 billion in revenue, roughly $157 million in net income and a 50% year-over-year increase in earnings. Loan originations reached a record $14.8 billion, while membership increased to 15.8 million and total products reached 24.4 million. SoFi Technologies gains as investors focus on raised 2026 outlook and another record quarter
• Positive Sentiment: Management raised 2026 adjusted revenue guidance to $4.75 billion-$4.85 billion. Strong cross-selling—with more than half of new products opened by existing members—could improve customer lifetime value and support longer-term growth. SoFi’s Next Rally Depends On One Missing Ingredient
• Positive Sentiment: Some investors argue that the market is overestimating credit risk and undervaluing SoFi’s expanding financial-services platform, which increasingly converts members into multiple product relationships. SOFI Stock Got Hit With Price-Target Cuts After Q2 Earnings
• Neutral Sentiment: Institutional positioning was mixed: 474 investors added shares in the latest quarter, while 452 reduced holdings. Several large firms increased positions, but some major quantitative investors cut exposure.
• Neutral Sentiment: Analyst targets remain dispersed, with a reported median of $21 and recent targets ranging from $17 to $30, indicating meaningful disagreement about SoFi’s growth, credit and valuation outlook.
• Negative Sentiment: Wall Street remains cautious despite the stock’s decline from its 52-week high. Mizuho reportedly lowered its price target to $22, while other post-earnings target reductions have reinforced concerns about valuation and execution. SoFi Stock Sinks 50%, But Most Analysts Still Aren’t Bullish
• Negative Sentiment: Technology Platform revenue rose sequentially but remained down 23% year over year, while Galileo margins continued deteriorating. Management kept EBITDA and earnings guidance unchanged, suggesting that higher revenue may be reinvested rather than flow through immediately to profits. SoFi’s Next Rally Depends On One Missing Ingredient

Insider Buying and Selling

In other SoFi Technologies news, CEO Anthony Noto bought 15,545 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the completion of the transaction, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at $191,145,904. This represents a 0.13% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelli Keough sold 10,954 shares of the company’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $17.19, for a total transaction of $188,299.26. Following the sale, the executive vice president directly owned 367,728 shares of the company’s stock, valued at approximately $6,321,244.32. This represents a 2.89% 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. Over the last quarter, insiders have sold 135,256 shares of company stock valued at $2,370,822. 2.50% of the stock is owned by insiders.

SoFi Technologies 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.