Taylor Frigon Capital Management LLC Acquires 31,081 Shares of SoFi Technologies, Inc. $SOFI

Taylor Frigon Capital Management LLC lifted its holdings in SoFi Technologies, Inc. (NASDAQ:SOFI) by 35.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 118,017 shares of the company’s stock after purchasing an additional 31,081 shares during the quarter. Taylor Frigon Capital Management LLC’s holdings in SoFi Technologies were worth $1,874,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in SoFi Technologies by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after buying an additional 3,900,895 shares in the last quarter. State Street Corp increased its position in shares of SoFi Technologies by 6.7% during the fourth quarter. State Street Corp now owns 25,937,928 shares of the company’s stock worth $679,055,000 after acquiring an additional 1,637,430 shares in the last quarter. Geode Capital Management LLC increased its position in shares of SoFi Technologies by 9.0% during the fourth quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company’s stock worth $618,395,000 after acquiring an additional 1,951,248 shares in the last quarter. Morgan Stanley raised its holdings in shares of SoFi Technologies by 33.6% during the fourth quarter. Morgan Stanley now owns 13,323,366 shares of the company’s stock worth $348,806,000 after acquiring an additional 3,350,258 shares during the period. Finally, Norges Bank acquired a new stake in shares of SoFi Technologies during the fourth quarter worth $321,515,000. 38.43% of the stock is owned by institutional investors.

Insider Transactions at SoFi Technologies

In related news, CTO Jeremy Rishel sold 102,123 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the transaction, the chief technology officer directly owned 895,089 shares in the company, valued at approximately $15,914,682.42. The trade was a 10.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kelli Keough sold 10,954 shares of the company’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 sale, the executive vice president directly owned 378,682 shares in the company, valued at $6,570,132.70. This trade represents a 2.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 134,044 shares of company stock worth $2,370,056 in the last 90 days. Corporate insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on SOFI. UBS Group cut their price target on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Stephens decreased their price objective on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Argus assumed coverage on SoFi Technologies in a research report on Wednesday, April 15th. They issued a “hold” rating on the stock. Needham & Company LLC reduced their price target on SoFi Technologies from $33.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, SoFi Technologies has a consensus rating of “Hold” and an average price target of $22.56.

Key SoFi Technologies News

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

• Positive Sentiment: SoFi launched a new ETF, the Social 50 Income ETF (SFYI), which combines top holdings from its self-directed brokerage users with an options strategy aimed at generating monthly income and expanding fee-based revenue. SoFi Expands ETF Lineup with the Social 50 Income ETF (SFYI), Seeking Income and Pursuing Growth
• Positive Sentiment: Analysts and market commentators highlighted SoFi’s AI initiatives, including Coach and Composer, as a potential new growth layer that could deepen engagement and strengthen its ecosystem. SOFI Innovation: Are Coach and Composer the Next Growth Layer?
• Positive Sentiment: Optimistic “millionaire-maker” articles argued that SoFi’s sustained GAAP profitability and aggressive growth strategy could support continued upside if execution stays strong. Can SoFi Turn Today’s Investors Into Millionaires?
• Neutral Sentiment: Several articles framed SoFi as a highly searched, heavily debated stock, with investors revisiting whether it is a buy after a volatile year. Is Trending Stock SoFi Technologies, Inc. (SOFI) a Buy Now?
• Neutral Sentiment: Coverage also noted that analysts currently rate SoFi around “Hold,” suggesting the market still sees meaningful execution risk despite improving fundamentals. SoFi Technologies, Inc. (NASDAQ:SOFI) Receives Consensus Recommendation of “Hold” from Analysts
• Negative Sentiment: Some commentary pointed out that SoFi is still well below its recent highs and has been volatile after a sharp selloff, which may keep a lid on enthusiasm among cautious investors. Down 43%, Is SoFi Stock a Generational Buying Opportunity Right Now?

SoFi Technologies Price Performance

Shares of NASDAQ SOFI opened at $17.73 on Thursday. The stock has a market capitalization of $22.74 billion, a price-to-earnings ratio of 40.30 and a beta of 2.14. The business has a 50-day moving average of $16.85 and a 200-day moving average of $19.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.13. SoFi Technologies, Inc. has a fifty-two week low of $14.92 and a fifty-two week high of $32.73.

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

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.