225,592 Shares in SoFi Technologies, Inc. $SOFI Acquired by B & T Capital Management DBA Alpha Capital Management

Key Points

• B & T Capital Management acquired 225,592 SoFi shares valued at approximately $4.05 million, while institutional investors collectively own 38.43% of the company.
• SoFi reported quarterly EPS of $0.12, beating estimates by $0.01, and revenue of $1.21 billion, up 42.5% year over year. The company reaffirmed fiscal 2026 EPS guidance of $0.60.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $22.42 target price versus the stock’s recent price near $18.31; insiders sold approximately $2.37 million in shares over the past three months.

B & T Capital Management DBA Alpha Capital Management acquired a new stake in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 225,592 shares of the company's stock, valued at approximately $4,045,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. purchased a new position in shares of SoFi Technologies in the fourth quarter worth about $25,000. Vermillion Wealth Management Inc. grew its stake in SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company's stock valued at $26,000 after acquiring an additional 739 shares in the last quarter. Reflection Asset Management acquired a new stake in SoFi Technologies in the 4th quarter valued at about $28,000. Quaker Wealth Management LLC raised its holdings in SoFi Technologies by 2,745.2% in the 4th quarter. Quaker Wealth Management LLC now owns 1,195 shares of the company's stock valued at $31,000 after acquiring an additional 1,153 shares during the last quarter. Finally, American Capital Advisory LLC lifted its stake in SoFi Technologies by 456.7% in the 4th quarter. American Capital Advisory LLC now owns 1,297 shares of the company's stock worth $34,000 after purchasing an additional 1,064 shares in the last quarter. Hedge funds and other institutional investors own 38.43% of the company's stock.

SoFi Technologies Stock Up 0.1%

Shares of NASDAQ SOFI opened at $18.31 on Tuesday. The company has a 50 day simple moving average of $17.58 and a 200-day simple moving average of $17.76. The company has a market capitalization of $23.65 billion, a P/E ratio of 38.15 and a beta of 2.17. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.74 and a quick ratio of 0.10. SoFi Technologies, Inc. has a 1 year low of $14.88 and a 1 year high of $32.73.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%.The firm had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same period in the prior year, the firm posted $0.08 earnings per share. The firm's quarterly 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. On average, equities research analysts predict that SoFi Technologies, Inc. will post 0.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

SOFI has been the topic of several recent research reports. Citigroup lowered their target price on SoFi Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Monday, May 4th. TD Cowen cut their price target on SoFi Technologies from $24.00 to $18.00 and set a "hold" rating for the company in a report on Thursday, April 30th. Needham & Company LLC reduced their price objective on SoFi Technologies from $25.00 to $24.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Stephens lowered their price objective on SoFi Technologies from $26.00 to $25.00 and set an "overweight" rating on the stock in a research note on Thursday, April 30th. Finally, Wells Fargo & Company dropped their target price on SoFi Technologies from $18.00 to $17.00 and set an "equal weight" rating for the company in a report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $22.42.

Insider Buying and Selling

In related news, CTO Jeremy Rishel sold 102,123 shares of SoFi Technologies stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the completion of the sale, the chief technology officer owned 895,089 shares in the company, valued at approximately $15,914,682.42. This trade represents a 10.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 business's stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $17.19, for a total value of $188,299.26. Following the completion of the sale, the executive vice president directly owned 367,728 shares in the company, valued at approximately $6,321,244.32. The trade was a 2.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 135,256 shares of company stock worth $2,370,822 over the last three months. Insiders own 2.50% of the company's stock.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Piper Sandler initiated coverage with an Overweight rating and a $22 price target, saying SoFi is a high-growth company with a powerful product flywheel and deserves a premium valuation compared with peers. The SoFi rebound has only just begun, says Piper Sandler
• Positive Sentiment: Additional coverage characterized the stock as offering an “attractive entry point,” helping reinforce investor interest after SoFi’s recent underperformance and correction. SoFi stock offers an attractive entry point: Analyst
• Positive Sentiment: Technical analysts reported that SOFI broke above a bullish flag pattern. A sustained move above approximately $20.13 could signal the end of its six-month consolidation and support a larger advance. SoFi Technologies Price Forecast: Breakout Could End Six-Month Consolidation
• Positive Sentiment: SoFi was highlighted as the strongest performer among personal-loan stocks in the recently completed second-quarter earnings season, supporting the view that its growth is outpacing industry peers. Personal Loan Stocks Q2 Earnings: SoFi Best of the Bunch
• Neutral Sentiment: Wall Street remains divided: the bullish thesis points to SoFi’s growth, diversified products and recent earnings momentum, while the premium-multiple argument implies that investors are already paying for substantial future growth. SoFi Is Dividing Wall Street
• Negative Sentiment: SoFi has lagged Happen Bank, formerly LendingClub, this year. The comparison raises competitive and valuation concerns despite SoFi’s stronger recent operating growth narrative. Happen Bank Is Crushing SoFi This 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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