ARK Investment Management LLC Acquires 521,092 Shares of SoFi Technologies, Inc. $SOFI

Key Points

• ARK Investment Management bought 521,092 shares, raising its stake 11.8% to 4,945,247 shares (about 0.41% of SoFi) valued at roughly $130.7 million.
• Mastercard will provide settlement for SoFiUSD and enable it as a settlement currency across Mastercard’s global payments network, a development that could materially expand the stablecoin’s utility and transaction/settlement revenue potential.
• SoFi beat expectations last quarter with $0.13 EPS (vs. $0.12 consensus) and $1.01B revenue (up 39.6% YoY), and issued FY2026 guidance around $0.60 EPS, supporting recent analyst interest and insider buying.

ARK Investment Management LLC raised its position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 11.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,945,247 shares of the company's stock after purchasing an additional 521,092 shares during the period. ARK Investment Management LLC owned approximately 0.41% of SoFi Technologies worth $130,653,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SOFI. Xcel Wealth Management LLC increased its position in shares of SoFi Technologies by 0.6% during the third quarter. Xcel Wealth Management LLC now owns 70,932 shares of the company's stock valued at $1,874,000 after buying an additional 392 shares during the period. Key Client Fiduciary Advisors LLC lifted its stake in SoFi Technologies by 3.1% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 14,101 shares of the company's stock valued at $373,000 after acquiring an additional 419 shares during the period. Assetmark Inc. lifted its position in SoFi Technologies by 50.5% during the third quarter. Assetmark Inc. now owns 1,273 shares of the company's stock valued at $34,000 after purchasing an additional 427 shares during the period. Cigna Investments Inc. New boosted its stake in shares of SoFi Technologies by 4.2% in the 3rd quarter. Cigna Investments Inc. New now owns 11,024 shares of the company's stock worth $291,000 after buying an additional 446 shares during the last quarter. Finally, Blume Capital Management Inc. increased its position in SoFi Technologies by 52.9% during the third quarter. Blume Capital Management Inc. now owns 1,300 shares of the company's stock valued at $34,000 after acquiring an additional 450 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

SoFi Technologies News Summary

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

• Positive Sentiment: Mastercard will provide settlement for SoFiUSD transactions and enable SoFiUSD as a settlement currency across Mastercard’s global payments network — this materially boosts SoFi’s stablecoin utility, distribution and potential transaction/settlement revenue. Mastercard to provide settlement for SoFi stablecoin transactions
• Positive Sentiment: Multiple outlets report SoFi will offer SoFiUSD settlement across Mastercard’s network (additional coverage highlights the same partnership), reinforcing the scale and credibility of the initiative — a clear product/corporate development that can drive future growth. SoFi to Offer SoFiUSD as Settlement Currency Across Mastercard Network
• Positive Sentiment: CEO Anthony Noto purchased roughly $1 million of SOFI stock — insider buying signals management confidence after the selloff and often supports near-term sentiment and analyst conviction. SoFi's stock rises as CEO Anthony Noto reacts to recent selloff with a $1 million purchase
• Positive Sentiment: Seeking Alpha reports a buy rating/upgrade citing Q4 beats, bullish guidance, attractive valuation metrics (low PEG, reasonable forward P/E) and the recent insider buy — this can attract value/contrarian investors. SoFi: The Rebound Has Started (Rating Upgrade)
• Neutral Sentiment: A valuation/assessment piece examines recent volatility and re-rates SoFi after big swings — useful context for investors weighing fundamentals vs. market sentiment but not a direct catalyst. Assessing SoFi Technologies (SOFI) Valuation After Recent Share Price Swings
• Negative Sentiment: Coverage notes a “rough start to 2026” and that shares still trade well below their peak — the recent ~30% selloff and technicals (50/200-day averages) are headwinds that could limit near-term upside despite positive headlines. SoFi CEO Just Bought $1 Million of His Own Stock — And Analysts Think It Could Hit $26

SoFi Technologies Stock Up 0.5%

Shares of SOFI opened at $18.70 on Thursday. SoFi Technologies, Inc. has a 12-month low of $8.60 and a 12-month high of $32.73. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $23.85 billion, a PE ratio of 49.21 and a beta of 2.20. The business's 50 day moving average is $23.28 and its 200 day moving average is $25.93.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last released its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $984.75 million. During the same quarter last year, the business posted $0.05 earnings per share. The company's revenue for the quarter was up 39.6% compared to the same quarter last year. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Research analysts expect that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SOFI has been the topic of several recent research reports. Truist Financial lowered their price objective on shares of SoFi Technologies from $28.00 to $21.00 and set a "hold" rating on the stock in a research note on Wednesday, February 18th. JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a "neutral" rating to an "overweight" rating and set a $31.00 price target on the stock in a research report on Tuesday, February 3rd. Bank of America assumed coverage on SoFi Technologies in a research note on Tuesday, January 6th. They issued an "underperform" rating and a $20.50 price objective for the company. The Goldman Sachs Group decreased their target price on SoFi Technologies from $27.00 to $24.00 and set a "neutral" rating on the stock in a report on Tuesday, January 6th. Finally, Barclays boosted their price target on SoFi Technologies from $23.00 to $28.00 and gave the company an "equal weight" rating in a report on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $26.34.

Insider Buying and Selling

In other news, EVP Eric Schuppenhauer acquired 5,000 shares of the business's stock in a transaction dated Thursday, February 5th. The stock was purchased at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the transaction, the executive vice president directly owned 228,768 shares in the company, valued at approximately $4,559,346.24. This trade represents a 2.23% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Jeremy Rishel sold 91,837 shares of the firm's stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total value of $2,446,537.68. Following the transaction, the chief technology officer owned 794,598 shares of the company's stock, valued at $21,168,090.72. This represents a 10.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 214,753 shares of company stock worth $5,045,087 in the last 90 days. 2.60% of the stock is owned by company insiders.

SoFi Technologies Company 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.

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