Virtus Wealth Solutions LLC Makes New $4.75 Million Investment in SoFi Technologies, Inc. $SOFI

Virtus Wealth Solutions LLC acquired a new position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 179,605 shares of the company’s stock, valued at approximately $4,745,000. SoFi Technologies makes up approximately 0.9% of Virtus Wealth Solutions LLC’s holdings, making the stock its 21st biggest position.

Other large investors have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of SoFi Technologies by 12.5% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,879,959 shares of the company’s stock worth $88,864,000 after acquiring an additional 540,610 shares during the period. Vestmark Advisory Solutions Inc. acquired a new position in shares of SoFi Technologies in the 2nd quarter worth approximately $209,000. Quantbot Technologies LP acquired a new stake in shares of SoFi Technologies during the second quarter worth $25,699,000. Vanguard Group Inc. raised its stake in SoFi Technologies by 6.8% during the third quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock worth $2,829,640,000 after buying an additional 6,814,727 shares during the last quarter. Finally, Marex Group plc bought a new position in SoFi Technologies during the second quarter worth $11,179,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

SoFi Technologies Price Performance

Shares of NASDAQ SOFI opened at $19.29 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. SoFi Technologies, Inc. has a fifty-two week low of $8.60 and a fifty-two week high of $32.73. The stock has a market cap of $23.26 billion, a PE ratio of 50.76 and a beta of 2.13. The stock has a fifty day moving average of $24.13 and a 200-day moving average of $26.10.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The business’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Equities research analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In other news, CTO Jeremy Rishel sold 91,837 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the completion of the transaction, the chief technology officer directly owned 794,598 shares of the company’s stock, valued at approximately $21,168,090.72. This represents a 10.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Eric Schuppenhauer acquired 5,000 shares of SoFi Technologies stock in a transaction on Thursday, February 5th. The shares were bought at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the transaction, the executive vice president owned 228,768 shares in the company, valued at approximately $4,559,346.24. This trade represents a 2.23% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders sold 214,753 shares of company stock worth $5,045,087. 2.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SOFI shares. Barclays lifted their price objective on SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Needham & Company LLC decreased their price target on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. The Goldman Sachs Group decreased their target price on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Tuesday, January 6th. Finally, Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price target on the stock in a report on Monday, February 9th. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, SoFi Technologies has a consensus rating of “Hold” and a consensus price target of $26.34.

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.