376,064 Shares in SoFi Technologies, Inc. $SOFI Purchased by Nykredit A S

Key Points

• Nykredit A S purchased 376,064 SoFi shares in the second quarter, valued at approximately $6.74 million. Other institutional investors also increased their positions, with institutions and hedge funds owning 38.43% of SOFI.
• SoFi reported quarterly EPS of $0.12, exceeding estimates by $0.01, while revenue reached $1.21 billion, up 42.5% year over year. The stock opened at $18.22, below its 52-week high of $32.73.
• Analyst sentiment is mixed: SOFI has a consensus “Hold” rating and an average price target of $22.55, while recent targets range from $17 to $25. Insiders have sold 136,505 shares worth about $2.42 million over the past 90 days, primarily through pre-arranged plans.

Nykredit A S bought a new stake in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 376,064 shares of the company's stock, valued at approximately $6,743,000.

A number of other institutional investors also recently made changes to their positions in SOFI. Triumph Capital Management raised its holdings in SoFi Technologies by 11.1% during the second quarter. Triumph Capital Management now owns 155,460 shares of the company's stock worth $2,787,000 after purchasing an additional 15,505 shares in the last quarter. Nwam LLC boosted its stake in SoFi Technologies by 24.6% during the 2nd quarter. Nwam LLC now owns 76,564 shares of the company's stock valued at $1,373,000 after purchasing an additional 15,108 shares in the last quarter. Headlands Technologies LLC increased its position in shares of SoFi Technologies by 238.1% during the 2nd quarter. Headlands Technologies LLC now owns 292,302 shares of the company's stock valued at $5,241,000 after purchasing an additional 205,844 shares during the period. Ancora Advisors LLC increased its position in shares of SoFi Technologies by 262.3% during the 2nd quarter. Ancora Advisors LLC now owns 10,163 shares of the company's stock valued at $182,000 after purchasing an additional 7,358 shares during the period. Finally, Sigma Planning Corp raised its position in SoFi Technologies by 24.1% in the second quarter. Sigma Planning Corp now owns 79,778 shares of the company's stock worth $1,430,000 after acquiring an additional 15,497 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

SoFi Technologies Stock Down 1.6%

SOFI opened at $18.22 on Friday. The company has a market capitalization of $23.53 billion, a PE ratio of 37.96, a price-to-earnings-growth ratio of 1.50 and a beta of 2.20. 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 fifty-two week low of $14.88 and a fifty-two week high of $32.73. The business has a 50-day moving average of $17.89 and a 200-day moving average of $17.48.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.11 billion. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%.The firm's quarterly revenue was up 42.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Equities research analysts forecast that SoFi Technologies, Inc. will post 0.61 EPS for the current fiscal year.

Insider Buying and Selling at SoFi Technologies

In related news, EVP Kelli Keough sold 11,286 shares of the company's stock in a transaction on Thursday, August 20th. The shares were 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 approximately $6,415,956. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 102,123 shares of the firm'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 completion of the transaction, the chief technology officer owned 895,089 shares in the company, valued at $15,914,682.42. The trade was a 10.24% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 136,505 shares of company stock worth $2,418,096. 2.50% of the stock is currently owned by company insiders.

SoFi Technologies News Roundup

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

• Positive Sentiment: Payward/Kraken partnership expands SoFi’s digital-asset infrastructure. Payward, the parent of Kraken, will connect to SoFi’s Big Business Banking capabilities and SoFi Exchange Network, use Kraken Prime for crypto liquidity, and gain access to 24/7 U.S.-dollar settlement. The agreement also makes SoFiUSD available on Kraken, potentially increasing stablecoin adoption, transaction activity, and fee opportunities. SoFi integrates Payward into real-time settlement network
• Positive Sentiment: Scotiabank initiated coverage with a Sector Outperform rating and a $25 price target. The target implies meaningful upside from recent trading levels and provides fresh institutional support for SoFi’s growth strategy. Scotiabank initiates coverage
• Positive Sentiment: Analysts and bullish commentary continue to point to record revenue, member growth, improving cross-selling, and a long-term opportunity for SoFiUSD and digital financial services. SoFi price prediction
• Neutral Sentiment: The Kraken deal is strategically significant but its financial impact is uncertain. SoFi must convert expanded stablecoin access, settlement volume, and crypto liquidity into recurring revenue while managing regulatory and digital-asset risks. SoFi-Kraken partnership
• Negative Sentiment: Valuation remains a concern. Despite strong long-term returns and recent operating growth, some analysis suggests SOFI is expensive relative to intrinsic value and may already price in substantial future success. This valuation debate likely contributed to pressure on the shares. SoFi stock valuation analysis

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SOFI. Scotiabank assumed coverage on SoFi Technologies in a report on Wednesday. They set a "sector outperform" rating and a $25.00 target price for the company. Wells Fargo & Company decreased their price target on shares of SoFi Technologies from $18.00 to $17.00 and set an "equal weight" rating for the company in a report on Thursday, July 30th. The Goldman Sachs Group boosted their price objective on shares of SoFi Technologies from $17.00 to $21.00 and gave the company a "neutral" rating in a research report on Thursday, July 9th. Piper Sandler assumed coverage on shares of SoFi Technologies in a research note on Monday, August 17th. They issued an "overweight" rating and a $22.00 price objective on the stock. Finally, Needham & Company LLC cut their target price on shares of SoFi Technologies from $25.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Nine analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, SoFi Technologies currently has a consensus rating of "Hold" and a consensus price target of $22.55.

About SoFi Technologies

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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