Kelli Keough Sells 10,954 Shares of SoFi Technologies (NASDAQ:SOFI) Stock

SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough sold 10,954 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $17.35, for a total transaction of $190,051.90. Following the completion of the sale, the executive vice president directly owned 378,682 shares in the company, valued at approximately $6,570,132.70. This represents a 2.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, May 20th, Kelli Keough sold 10,037 shares of SoFi Technologies stock. The stock was sold at an average price of $15.53, for a total value of $155,874.61.
• On Tuesday, April 21st, Kelli Keough sold 9,742 shares of SoFi Technologies stock. The shares were sold at an average price of $19.25, for a total value of $187,533.50.

SoFi Technologies Price Performance

NASDAQ:SOFI opened at $17.32 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. The firm has a fifty day simple moving average of $17.00 and a 200 day simple moving average of $20.17. SoFi Technologies, Inc. has a 1-year low of $14.92 and a 1-year high of $32.73. The stock has a market capitalization of $22.21 billion, a PE ratio of 39.36 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, meeting analysts’ consensus estimates of $0.12. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations 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. On average, research analysts expect that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal year.

Institutional Investors Weigh In On SoFi Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC grew its stake in shares of SoFi Technologies by 2.0% in 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 acquired a new stake in SoFi Technologies in the 1st quarter worth about $129,000. Empowered Funds LLC boosted its holdings in SoFi Technologies by 5.2% in the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock valued at $385,000 after purchasing an additional 1,631 shares during the period. Franklin Resources Inc. boosted its holdings in SoFi Technologies by 23.2% in the 2nd quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock valued at $251,000 after purchasing an additional 2,596 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of SoFi Technologies during the 2nd quarter worth approximately $4,633,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

SOFI has been the topic of a number of recent analyst reports. Argus assumed coverage on SoFi Technologies in a research report on Wednesday, April 15th. They set a “hold” rating on the stock. Citigroup cut their price objective on SoFi Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Barclays reduced their target price on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Stephens dropped their price target on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Wells Fargo & Company cut their price target on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $22.56.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: SoFi acquired Composer and launched an AI-powered investing platform, a potentially important product expansion that may deepen customer engagement and support future growth. Yahoo Finance: Why SoFi (SOFI) Stock Is Trading Up Today
• Positive Sentiment: Wall Street commentary and retail sentiment turned more constructive after coverage highlighted SoFi’s AI investing ambitions and broader “everything app” strategy. Yahoo Finance: How Investors May Respond To SoFi Technologies (SOFI) Launching Its AI-Powered Composer Investing Platform
• Positive Sentiment: Jim Cramer reiterated that he continues to think SoFi is a buy, which may have helped sentiment around the stock. Yahoo Finance: Jim Cramer on SoFi
• Neutral Sentiment: Some analysis warns SoFi still trades at a premium valuation, which raises the bar for execution and earnings momentum. Yahoo Finance: SoFi’s Valuation Premium Suggests Growth Confidence But Also Risk
• Negative Sentiment: Recent insider selling by an executive could create some caution, even though the sale was reported as part of a pre-arranged trading plan or tax withholding. Insider Trades: Insider Selling: SoFi Technologies (NASDAQ:SOFI) EVP Sells 10,954 Shares of Stock

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.