SoFi Technologies, Inc. $SOFI Shares Sold by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd decreased its position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 38.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 202,333 shares of the company’s stock after selling 127,304 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in SoFi Technologies were worth $5,297,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SOFI. Blue Trust Inc. boosted its position in SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after purchasing an additional 878 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in SoFi Technologies in the 4th quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SoFi Technologies in the 4th quarter worth approximately $29,000. Quaker Wealth Management LLC boosted its position in SoFi Technologies by 2,745.2% in the 4th quarter. Quaker Wealth Management LLC now owns 1,195 shares of the company’s stock worth $31,000 after purchasing an additional 1,153 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its position in SoFi Technologies by 693.5% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,230 shares of the company’s stock worth $32,000 after purchasing an additional 1,075 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

More SoFi Technologies News

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

• Positive Sentiment: SoFi announced monthly distributions for its Enhanced Yield ETF (THTA), reinforcing its push into ETFs and income-focused products, which can support diversification and fee-based growth. SoFi Announces Monthly Distributions on $THTA (10.00%)
• Positive Sentiment: CEO Anthony Noto bought 15,545 shares of SoFi stock, a signal that management remains confident in the company’s long-term outlook. SoFi Technologies (NASDAQ:SOFI) CEO Anthony Noto Buys 15,545 Shares
• Positive Sentiment: SoFi’s acquisition of UK fintech PrimaryBid could broaden its capital-markets capabilities and expand its reach with retail investors, potentially opening a new growth avenue. SoFi Buys PrimaryBid As Retail Market Access And Valuation Questions Meet
• Neutral Sentiment: Broader consumer-spending data showed U.S. spending remains strong, which is generally supportive for financial-services and fintech names, including SoFi. U.S. Consumer Spending Tops $21.86T: 5 Fintech Stocks Under $75
• Neutral Sentiment: SoFi’s recent earnings were solid, with revenue growth of 42.6% and EPS matching estimates, but the market appears focused more on forward loan-platform trends than the headline beat.
• Negative Sentiment: Truist cut its price target on SoFi to $17 from $20 and kept a Hold rating, citing slower loan-platform assumptions and softer expectations for the technology segment. Truist Cuts SoFi Price Target to $17: Loan Platform Slowdown Pressures the Bull Case

Analyst Ratings Changes

Several equities research analysts have commented on the company. Needham & Company LLC lowered their price objective on SoFi Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. UBS Group lowered their price objective on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Keefe, Bruyette & Woods lowered their price objective on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. Wells Fargo & Company lowered their price objective on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 9th. Finally, Barclays lowered their price objective on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $22.56.

SoFi Technologies Trading Down 3.7%

Shares of SOFI stock opened at $15.31 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.18. The company has a market cap of $19.52 billion, a price-to-earnings ratio of 34.80 and a beta of 2.12. The stock has a 50 day simple moving average of $17.21 and a 200-day simple moving average of $22.74. SoFi Technologies, Inc. has a 1-year low of $12.74 and a 1-year high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last announced its earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.05 billion. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The business’s quarterly revenue was up 42.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. On average, equities research analysts expect that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal year.

Insider Transactions at SoFi Technologies

In other SoFi Technologies news, CEO Anthony Noto bought 28,900 shares of SoFi Technologies stock in a transaction dated Tuesday, March 17th. The stock was acquired at an average cost of $17.32 per share, with a total value of $500,548.00. Following the purchase, the chief executive officer directly owned 11,704,352 shares in the company, valued at $202,719,376.64. This represents a 0.25% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kelli Keough sold 9,755 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $18.87, for a total value of $184,076.85. Following the transaction, the executive vice president directly owned 293,725 shares of the company’s stock, valued at approximately $5,542,590.75. The trade was a 3.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 124,197 shares of company stock valued at $2,191,758 in the last three months. 2.60% of the stock is currently owned by company insiders.

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.