Insider Selling: SoFi Technologies (NASDAQ:SOFI) EVP Sells 10,203 Shares of Stock

SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough sold 10,203 shares of the company’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $14.72, for a total value of $150,188.16. Following the completion of the transaction, the executive vice president owned 397,870 shares of the company’s stock, valued at $5,856,646.40. The trade was a 2.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kelli Keough also recently made the following trade(s):

• On Monday, September 21st, Kelli Keough sold 10,203 shares of SoFi Technologies stock. The stock was sold at an average price of $16.99, for a total value of $173,348.97.
• On Thursday, August 20th, Kelli Keough sold 11,286 shares of SoFi Technologies stock. The stock was sold at an average price of $18.00, for a total transaction of $203,148.00.

SoFi Technologies Stock Performance

SoFi Technologies stock traded down $0.13 on Thursday, hitting $14.77. The company’s stock had a trading volume of 40,931,849 shares, compared to its average volume of 45,461,544. The firm has a market cap of $19.08 billion, a P/E ratio of 30.77, a price-to-earnings-growth ratio of 0.86 and a beta of 2.33. 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 company has a fifty day moving average price of $16.81 and a 200-day moving average price of $17.09. SoFi Technologies, Inc. has a one year low of $13.86 and a one year high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The firm’s revenue was up 42.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. On average, equities analysts anticipate that SoFi Technologies, Inc. will post 0.60 earnings per share for the current year.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: Tokenized deposit launch: SoFi introduced SOFIE, a tokenized bank deposit offering a reported 4.40% yield and FDIC insurance. Each token represents $1 held at SoFi Bank and can be converted into SoFiUSD for crypto purchases or on-chain transfers. The product could attract idle digital-asset cash, increase deposits and deepen customer engagement while differentiating SoFi from conventional stablecoins. Reuters article
• Positive Sentiment: Expanded financial-product ecosystem: SoFi partnered with Prudential Financial to offer term life insurance directly through its app to more than 15 million members. In-app quotes, applications and purchases could support cross-selling and diversify revenue beyond lending. SoFi and Prudential partnership
• Neutral Sentiment: Earnings are the next major test: Investors are looking for evidence that SoFi’s strong growth is continuing in the quarter ended September. Reports cite an expected revenue figure of approximately $1.26 billion, making the Oct. 27 release a potentially important catalyst for the stock. Zacks Q3 preview
• Negative Sentiment: Persistent share-price weakness: SoFi has traded near its 52-week low and substantially below its 50-day and 200-day moving averages. Commentary questions whether the crypto-linked launch can reverse the decline or distract from concerns that will be tested by earnings. SoFi stock performance analysis

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of SOFI. BlackRock Inc. acquired a new position in shares of SoFi Technologies in the 2nd quarter worth approximately $1,298,925,000. Bank of America Corp DE bought a new stake in SoFi Technologies during the 2nd quarter worth approximately $163,808,000. Dimensional Fund Advisors LP increased its holdings in SoFi Technologies by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 9,106,532 shares of the company’s stock valued at $144,539,000 after purchasing an additional 359,785 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in SoFi Technologies by 2.8% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,689,426 shares of the company’s stock valued at $90,348,000 after purchasing an additional 156,218 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in SoFi Technologies during the 2nd quarter valued at $93,937,000. Institutional investors own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

SOFI has been the topic of several analyst reports. The Goldman Sachs Group set a $15.00 price objective on SoFi Technologies in a research note on Tuesday, October 13th. Wells Fargo & Company cut their target price on SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Loop Capital initiated coverage on SoFi Technologies in a research note on Tuesday, September 8th. They issued a “hold” rating and a $22.00 price target on the stock. Keefe, Bruyette & Woods reiterated an “underperform” rating on shares of SoFi Technologies in a research report on Monday, October 12th. Finally, Needham & Company LLC lowered their price target on SoFi Technologies from $25.00 to $24.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, SoFi Technologies presently has a consensus rating of “Hold” and an average price target of $22.20.

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.