185,724 Shares of SoFi Technologies, Inc. $SOFI Bought by Blue Jean Financial LLC

Key Points

• Blue Jean Financial LLC initiated a 185,724-share position in SoFi Technologies during the third quarter, valued at approximately $2.92 million and representing about 1.8% of its portfolio.
• SoFi reported quarterly revenue of $1.21 billion, up 42.5% year over year, and EPS of $0.12, exceeding analysts’ $0.11 estimate. The company projects fiscal 2026 EPS of $0.60.
• Institutional sentiment is mixed: several firms increased or initiated holdings, while insiders sold 40,113 shares worth about $702,000 over the past three months. Analysts collectively rate the stock “Hold,” with a consensus price target of $22.20.

Blue Jean Financial LLC bought a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 185,724 shares of the company's stock, valued at approximately $2,920,000. SoFi Technologies makes up about 1.8% of Blue Jean Financial LLC's holdings, making the stock its 25th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in SOFI. Prime Capital Investment Advisors LLC lifted its stake in SoFi Technologies by 75.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 30,388 shares of the company's stock valued at $478,000 after buying an additional 13,085 shares in the last quarter. Yarbrough Capital LLC acquired a new stake in SoFi Technologies in the 3rd quarter worth about $4,317,000. Trellis Wealth Advisors LLC acquired a new stake in SoFi Technologies in the 3rd quarter worth about $84,000. Kercheville Advisors LLC boosted its holdings in SoFi Technologies by 13.8% in the 3rd quarter. Kercheville Advisors LLC now owns 13,989 shares of the company's stock worth $220,000 after buying an additional 1,699 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in SoFi Technologies by 7.7% during the 3rd quarter. Assenagon Asset Management S.A. now owns 23,509 shares of the company's stock worth $370,000 after buying an additional 1,675 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

SoFi Technologies Trading Up 2.7%

SOFI opened at $14.68 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.74 and a quick ratio of 0.10. The company's 50 day simple moving average is $16.95 and its two-hundred day simple moving average is $17.10. SoFi Technologies, Inc. has a 1-year low of $13.86 and a 1-year high of $32.73. The firm has a market capitalization of $18.96 billion, a price-to-earnings ratio of 30.58, a price-to-earnings-growth ratio of 0.83 and a beta of 2.33.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%. The business had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same period in the previous year, the firm posted $0.08 EPS. The business's revenue for the quarter was up 42.5% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Analysts expect that SoFi Technologies, Inc. will post 0.60 EPS for the current fiscal year.

Insiders Place Their Bets

In other SoFi Technologies news, EVP Kelli Keough sold 11,286 shares of the company's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $18.00, for a total value of $203,148.00. Following the completion of the sale, the executive vice president directly owned 356,442 shares in the company, valued at $6,415,956. This represents a 3.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 18,624 shares of the firm's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $17.50, for a total value of $325,920.00. Following the completion of the sale, the chief technology officer directly owned 912,650 shares of the company's stock, valued at $15,971,375. This trade represents a 2.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 40,113 shares of company stock worth $702,417 in the last three months. 2.50% of the stock is currently owned by corporate insiders.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Benchmark upgraded SoFi Technologies to Strong Buy, adding to bullish analyst sentiment ahead of the company’s earnings release. Benchmark upgrades SoFi Technologies stock to Strong Buy
• Positive Sentiment: Wall Street expects year-over-year earnings growth, while SoFi’s recent combination of revenue growth, profitability and operating momentum could support another earnings beat. The company previously exceeded quarterly EPS and revenue expectations, with revenue rising 42.5% year over year. SoFi Technologies Reports Next Week
• Positive Sentiment: StoneX initiated coverage with a Buy rating, reflecting optimism about SoFi’s transition into a full-service digital bank, its growth profile and newer financial-services initiatives. StoneX initiates coverage of SoFi Technologies with buy rating
• Neutral Sentiment: SoFi is scheduled to release earnings on Tuesday, making the report the stock’s immediate catalyst. Results, guidance and loan-growth trends could determine whether the recent rebound holds. SoFi Technologies Set to Release Earnings
• Negative Sentiment: The shares fell to approximately $14.70, their lowest level since June of the prior year and about 55% below the 2025 high. The decline has occurred despite strong financial results, indicating continued skepticism and technical weakness ahead of earnings. SoFi stock lands at a crucial support as earnings loom
• Negative Sentiment: Keefe Bruyette & Woods reduced its price target to $15, highlighting more cautious expectations and limiting near-term upside relative to bullish ratings. Keefe Bruyette Woods cuts target for SoFi Technologies

Wall Street Analysts Forecast Growth

SOFI has been the subject of a number of research analyst reports. Truist Financial increased their target price on SoFi Technologies from $18.00 to $19.00 and gave the company a "hold" rating in a report on Wednesday, August 12th. Keefe, Bruyette & Woods restated an "underperform" rating on shares of SoFi Technologies in a research report on Monday, October 12th. Stonex Financia raised SoFi Technologies to a "strong-buy" rating in a research note on Monday, October 12th. Mizuho lowered their price target on SoFi Technologies from $29.00 to $22.00 and set an "outperform" rating on the stock in a research note on Friday, July 31st. Finally, Needham & Company LLC dropped their price target on SoFi Technologies from $25.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $22.20.

SoFi Technologies Company Profile

SoFi Technologies, Inc is a digital financial services company that provides lending, banking, investing and other personal finance products through its online platform and mobile app. The company serves consumers primarily in the United States and aims to provide a centralized alternative to traditional financial institutions.

SoFi's offerings include personal loans, student loan refinancing, home loans, checking and savings accounts, credit cards, investment products and financial education resources.

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