ASR Vermogensbeheer N.V. Purchases Shares of 38,206 SoFi Technologies, Inc. $SOFI

Key Points

• ASR Vermogensbeheer N.V. initiated a new position in SoFi Technologies in the fourth quarter, buying 38,206 shares worth about $1 million.
• Institutional ownership in SoFi remains significant, with hedge funds and asset managers like Vanguard and State Street increasing their stakes; institutions now hold 38.43% of the company.
• Analysts are mixed on the stock after recent updates: several firms cut price targets, and the consensus rating is Hold with an average target price of $22.72.

ASR Vermogensbeheer N.V. purchased a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 38,206 shares of the company's stock, valued at approximately $1,000,000.

A number of other hedge funds have also added to or reduced their stakes in SOFI. Vanguard Group Inc. boosted its holdings in SoFi Technologies by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company's stock worth $2,906,061,000 after acquiring an additional 3,900,895 shares during the last quarter. State Street Corp boosted its holdings in SoFi Technologies by 30.7% during the 3rd quarter. State Street Corp now owns 24,300,498 shares of the company's stock worth $642,019,000 after acquiring an additional 5,708,053 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in SoFi Technologies by 0.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 9,792,807 shares of the company's stock worth $258,821,000 after acquiring an additional 67,504 shares during the last quarter. Northern Trust Corp boosted its holdings in SoFi Technologies by 10.4% during the 3rd quarter. Northern Trust Corp now owns 6,632,432 shares of the company's stock worth $175,229,000 after acquiring an additional 625,571 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in SoFi Technologies by 87.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,361,809 shares of the company's stock worth $168,079,000 after acquiring an additional 2,961,849 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

Analysts Set New Price Targets

SOFI has been the topic of a number of analyst reports. TD Cowen cut their price objective on shares of SoFi Technologies from $24.00 to $18.00 and set a "hold" rating on the stock in a report on Thursday, April 30th. Keefe, Bruyette & Woods cut their target price on SoFi Technologies from $20.00 to $17.00 and set an "underperform" rating on the stock in a research note on Thursday, April 9th. Needham & Company LLC cut their target price on SoFi Technologies from $33.00 to $25.00 and set a "buy" rating on the stock in a research note on Thursday, April 30th. Citizens Jmp upgraded SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 target price on the stock in a research note on Monday, February 9th. Finally, Truist Financial cut their target price on SoFi Technologies from $21.00 to $20.00 and set a "hold" rating on the stock in a research note on Friday, April 24th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $22.72.

SoFi Technologies News Roundup

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

• Positive Sentiment: SoFi’s Q1 results showed accelerating growth, record new customer additions, strong loan originations, and improving profitability, reinforcing the case that the business is still scaling well. SoFi Just Reported 1 Number That Should Be on Every Investor's Radar
• Positive Sentiment: Analysts and market commentators highlighted that SoFi’s first quarter featured strong member growth and revenue expansion, with some coverage describing the stock as a buy after the results. Is SoFi Technologies Stock a Buy After Its Strong Q1 2026 Earnings?
• Positive Sentiment: One bullish note pointed to SoFi’s record-breaking quarter, 35% member growth, and robust cross-selling, suggesting the company is expanding into higher-margin lending products while keeping capital ratios healthy. SoFi: Buying The Drawdown After A Record-Breaking Q1
• Neutral Sentiment: Coverage also noted that SoFi maintained its full-year guidance instead of raising it, which may have disappointed some investors even though the underlying results were strong. Is Now the Best Time to Buy SoFi Stock or the Worst?
• Neutral Sentiment: Another article focused on a key operating metric that investors are watching closely, reinforcing that the market is evaluating SoFi on execution and sustainability rather than just growth headlines. 1 Number That Should Change the Way You Think About SoFi Stock
• Negative Sentiment: Some investors are concerned that rising personal-loan charge-offs could weigh on credit quality, even though management says losses remain within tolerance. SoFi: Buying The Drawdown After A Record-Breaking Q1

Insider Buying and Selling at SoFi Technologies

In other SoFi Technologies news, CTO Jeremy Rishel sold 94,958 shares of the company's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total transaction of $1,655,117.94. Following the sale, the chief technology officer directly owned 839,640 shares of the company's stock, valued at $14,634,925.20. This represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kelli Keough sold 9,742 shares of the company's stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $19.25, for a total transaction of $187,533.50. Following the sale, the executive vice president directly owned 333,284 shares in the company, valued at approximately $6,415,717. This trade represents a 2.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 124,197 shares of company stock valued at $2,191,758 over the last three months. 2.60% of the stock is currently owned by insiders.

SoFi Technologies Price Performance

SoFi Technologies stock opened at $15.75 on Monday. SoFi Technologies, Inc. has a 12 month low of $12.74 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 business's 50 day simple moving average is $17.44 and its 200 day simple moving average is $23.09. The company has a market cap of $20.09 billion, a price-to-earnings ratio of 35.80 and a beta of 2.12.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. SoFi Technologies had a return on equity of 6.63% and a net margin of 14.65%.SoFi Technologies's revenue for the quarter was up 42.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.06 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Sell-side analysts forecast that SoFi Technologies, Inc. will post 0.59 EPS for the current year.

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.

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