SoFi Technologies (NASDAQ:SOFI) CTO Jeremy Rishel Sells 94,958 Shares

SoFi Technologies, Inc. (NASDAQ:SOFI) CTO Jeremy Rishel sold 94,958 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $17.43, for a total value of $1,655,117.94. Following the sale, the chief technology officer owned 839,640 shares of the company’s stock, valued at $14,634,925.20. This represents a 10.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

SoFi Technologies Stock Down 1.1%

NASDAQ SOFI opened at $17.18 on Thursday. The stock’s 50 day moving average is $21.49 and its 200 day moving average is $25.48. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a 12 month low of $8.60 and a 12 month high of $32.73. The stock has a market cap of $21.91 billion, a PE ratio of 45.21 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The business 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 company’s revenue was up 39.6% on a year-over-year basis. During the same period last year, the firm posted $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Research analysts predict that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Institutional Trading of SoFi Technologies

Several hedge funds have recently made changes to their positions in SOFI. Valley Wealth Managers Inc. bought a new stake in shares of SoFi Technologies during the fourth quarter worth $25,000. Blue Trust Inc. grew its holdings in shares of SoFi Technologies by 655.2% in the fourth quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after purchasing an additional 878 shares during the last quarter. Vermillion Wealth Management Inc. increased its stake in SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after buying an additional 739 shares during the period. Central Pacific Bank Trust Division purchased a new position in SoFi Technologies in the 4th quarter worth about $28,000. Finally, Reflection Asset Management bought a new stake in SoFi Technologies during the 4th quarter valued at about $28,000. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have commented on SOFI. The Goldman Sachs Group decreased their price target on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 6th. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research report on Monday, February 9th. UBS Group set a $24.50 target price on SoFi Technologies in a report on Monday, February 2nd. Needham & Company LLC dropped their price target on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. upgraded SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target for the company in a report on Tuesday, February 3rd. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, SoFi Technologies has a consensus rating of “Hold” and a consensus target price of $26.34.

SoFi Technologies News Summary

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

• Positive Sentiment: CEO insider purchase signals confidence and helped stabilize the stock after the short‑seller attack — Noto bought roughly 29,000 shares (~$500k), which traders often view as a vote of confidence. SoFi Calls Short Seller Report ‘Factually Inaccurate and Misleading,’ Stock Rises as CEO Noto Buys Shares
• Positive Sentiment: Third‑party recognition: SoFi Invest ranked #1 in the JD Power 2026 U.S. Investor Satisfaction study for DIY investors—useful for long‑term customer growth and fee revenue expansion. SoFi Ranks #1 in JD Power 2026
• Neutral Sentiment: Analyst and market write‑ups highlight SoFi’s strong recent revenue and member growth but note valuation and execution risk as it scales — these longer‑term fundamentals temper immediate trading moves. Assessing Whether SoFi Technologies (SOFI) Looks Overvalued After Recent Share Price Weakness
• Neutral Sentiment: In‑depth coverage and company profiles discuss growth drivers (deposits, cross‑sell, SoFiUSD stablecoin/Mastercard tie‑up) and maturation risks — useful context but not immediate catalysts. Can SoFi Shares Thrive Through Maturity?
• Negative Sentiment: Short‑seller Muddy Waters alleged aggressive “financial engineering” and accounting issues; that report triggered selling and heightened regulatory/governance scrutiny, which is a material near‑term risk. Short‑Seller Allegations
• Negative Sentiment: Analysts and commentators flagged follow‑up questions after the short report, keeping downside pressure until questions are answered or regulatory reviews (if any) conclude. Analyst Flags ‘New Questions’ After Short Report
• Negative Sentiment: Insider selling by the CTO (94,958 shares) adds a negative optics datapoint for investors parsing insider flows, even though management statements and the CEO buy partially offset that signal. CTO Sale SEC Filing
• Negative Sentiment: Broader market/credit‑market moves — e.g., reports about lending restrictions from large banks that rattled private credit markets — have amplified selling pressure in fintech/credit names, increasing short‑term downside risk for SOFI. Private Credit Headwinds

SoFi Technologies Company 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.