Insider Selling: SoFi Technologies (NASDAQ:SOFI) EVP Sells $173,348.97 in Stock

SoFi Technologies, Inc. (NASDAQ:SOFI) EVP Kelli Keough sold 10,203 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $16.99, for a total value of $173,348.97. Following the completion of the transaction, the executive vice president owned 408,073 shares of the company’s stock, valued at $6,933,160.27. The trade was a 2.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 Thursday, August 20th, Kelli Keough sold 11,286 shares of SoFi Technologies stock. The shares were sold at an average price of $18.00, for a total value of $203,148.00.
• On Monday, July 20th, Kelli Keough sold 10,954 shares of SoFi Technologies stock. The shares were sold at an average price of $17.19, for a total value of $188,299.26.

SoFi Technologies Trading Down 3.6%

Shares of NASDAQ SOFI traded down $0.61 during mid-day trading on Wednesday, reaching $16.55. 56,326,264 shares of the company’s stock were exchanged, compared to its average volume of 41,092,228. The firm has a market capitalization of $21.38 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 1.41 and a beta of 2.20. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.10 and a current ratio of 0.74. SoFi Technologies, Inc. has a 52-week low of $14.88 and a 52-week high of $32.73. The company’s 50-day moving average is $17.63 and its 200-day moving average is $17.31.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the previous year, the firm earned $0.08 EPS. SoFi Technologies’s revenue was up 42.5% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Analysts expect that SoFi Technologies, Inc. will post 0.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SOFI. QRG Capital Management Inc. increased its stake in shares of SoFi Technologies by 5.8% during the second quarter. QRG Capital Management Inc. now owns 154,404 shares of the company’s stock worth $2,769,000 after buying an additional 8,449 shares during the period. Reynders McVeigh Capital Management LLC lifted its stake in SoFi Technologies by 2.6% in the second quarter. Reynders McVeigh Capital Management LLC now owns 699,538 shares of the company’s stock worth $12,543,000 after acquiring an additional 17,744 shares during the last quarter. Tidal Investments LLC grew its holdings in SoFi Technologies by 39.0% during the 2nd quarter. Tidal Investments LLC now owns 538,067 shares of the company’s stock worth $9,648,000 after acquiring an additional 150,923 shares in the last quarter. Bienville Capital Management LLC acquired a new position in SoFi Technologies during the 2nd quarter worth approximately $27,386,000. Finally, WINTON GROUP Ltd purchased a new stake in shares of SoFi Technologies in the 2nd quarter valued at approximately $186,000. 38.43% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: SoFi Bank has begun settling its entire debit- and credit-card program on Mastercard’s network using SoFiUSD, its dollar-backed stablecoin. The program covers more than $25 billion in annualized card volume and makes SoFi the first nationally chartered U.S. bank reported to use a bank-issued stablecoin for live card settlement. SoFi Becomes First U.S. Bank to Settle Card Payments on Stablecoin
• Positive Sentiment: The Mastercard integration could create a growth engine for fee-based revenue by making blockchain settlement part of routine payments. SoFi and Mastercard are also exploring additional uses, including cross-border payments and remittances. The development helped drive an earlier rally in SOFI as investors viewed it as a way to expand beyond lending. SoFi Brings SoFiUSD to Mastercard
• Neutral Sentiment: The launch is strategically significant, but the articles do not identify a material revenue contribution yet. Investors still need evidence that SoFiUSD adoption, transaction volumes and related services can generate meaningful earnings rather than simply reduce settlement friction.
• Negative Sentiment: Consumer-lending stocks, including SoFi, faced sector-wide selling as the broader financial group remained roughly flat. The move suggests profit-taking and concern about lending exposure, despite reports that SoFi’s delinquencies and charge-offs have improved while originations reached records. Consumer Lending Stocks Slide
• Negative Sentiment: Commentary also notes that cryptocurrency has yet to achieve broad consumer and merchant adoption at scale. That skepticism limits how much investors may immediately value SoFi’s stablecoin initiative and is weighing on the stock’s reaction to the announcement.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SOFI shares. Loop Capital started coverage on SoFi Technologies in a report on Tuesday, September 8th. They issued a “hold” rating and a $22.00 price objective on the stock. Scotiabank started coverage on SoFi Technologies in a research report on Wednesday, September 2nd. They issued a “sector outperform” rating and a $25.00 target price for the company. Wells Fargo & Company cut their price target on shares of SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. The Goldman Sachs Group increased their price target on shares of SoFi Technologies from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings raised shares of SoFi Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Nine 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $22.52.

SoFi Technologies Company Profile

SoFi Technologies, Inc is a financial technology company that provides digital financial services to consumers in the United States. The company began in 2011 as a platform focused on student loan refinancing and has expanded into a broader range of lending, banking and investment products.

Through its SoFi platform, the company offers personal loans, student loans, home loans, checking and savings accounts, credit cards, brokerage and investing services, and financial planning tools. Its products are primarily delivered through digital channels, including its website and mobile applications.

SoFi also operates a technology platform business through Galileo Financial Technologies and Technisys, which provide payment, account-management and other financial infrastructure to banks, fintech companies and other businesses.