BI Asset Management Fondsmaeglerselskab A S Has $8.17 Million Holdings in SoFi Technologies, Inc. $SOFI

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its SoFi Technologies stake by 30.4% in the fourth quarter, adding 72,696 shares to bring its total to 311,986 shares worth about $8.17 million.
• Other institutional investors also adjusted positions, and overall 38.43% of SoFi’s stock is held by institutions and hedge funds, indicating continued interest from professional investors.
• SoFi reported solid operating trends, including 42.6% revenue growth in the latest quarter, but the stock fell 6.5% and analysts currently have a consensus rating of Hold with a $22.56 price target.

BI Asset Management Fondsmaeglerselskab A S lifted its holdings in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 30.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 311,986 shares of the company's stock after acquiring an additional 72,696 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in SoFi Technologies were worth $8,168,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of SoFi Technologies by 0.8% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 268,000 shares of the company's stock valued at $7,016,000 after acquiring an additional 2,100 shares in the last quarter. Viewpoint Capital Management LLC acquired a new position in shares of SoFi Technologies in the fourth quarter valued at about $1,592,000. Parallel Advisors LLC grew its stake in shares of SoFi Technologies by 42.6% in the fourth quarter. Parallel Advisors LLC now owns 13,334 shares of the company's stock valued at $349,000 after acquiring an additional 3,982 shares in the last quarter. Vise Technologies Inc. grew its stake in SoFi Technologies by 105.8% during the fourth quarter. Vise Technologies Inc. now owns 36,530 shares of the company's stock worth $956,000 after buying an additional 18,782 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in SoFi Technologies by 6.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 102,000 shares of the company's stock worth $2,670,000 after buying an additional 6,100 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: SoFi’s Rule of 40 score has reached 72%, a sign of strong revenue growth plus improving profitability that supports the case for SoFi as a scalable fintech platform. SoFi's Rule of 40 Strength is Becoming Impossible for Investors to Ignore
• Positive Sentiment: Financial services revenue jumped 41% to $429 million, members grew 35% to 14.7 million, and cross-selling remains strong, which supports the long-term growth story for SoFi. The Market Is Missing SoFi Technologies' Next Chapter
• Positive Sentiment: SoFi’s Loan Platform Business originated $3 billion and secured $3.6 billion in new institutional funding commitments, strengthening its lending capacity and fee-based growth potential. The Market Is Missing SoFi Technologies' Next Chapter
• Neutral Sentiment: Broader fintech headlines, including changes around the PDT rule, SpaceX IPO excitement, and stablecoin settlement developments, may be influencing trading in SOFI, but they are indirect rather than company-specific catalysts. HOOD, SOFI, BULL Stocks Decline Despite PDT Rule Change: Can SpaceX IPO Reverse The Trend?
• Negative Sentiment: Block & Leviton launched a class-action investigation after SoFi’s post-earnings selloff, while Muddy Waters accused the company of aggressive or improper reporting practices, adding regulatory and reputational risk. SoFi Scrutiny Grows As Legal Probe And Short Seller Claims Hit Valuation
• Negative Sentiment: Recent coverage also points to valuation pressure and mixed stock performance, suggesting investors remain cautious despite the company’s improving fundamentals. Assessing Whether SoFi Technologies (SOFI) Looks Overvalued After Mixed Recent Share Price Performance

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Needham & Company LLC reduced their price objective on shares of SoFi Technologies from $33.00 to $25.00 and set a "buy" rating on the stock in a research note on Thursday, April 30th. Truist Financial reduced their price objective on shares of SoFi Technologies from $20.00 to $17.00 and set a "hold" rating on the stock in a research note on Tuesday, May 12th. Citizens Jmp upgraded shares of SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 price objective on the stock in a research note on Monday, February 9th. Mizuho set a $29.00 price objective on shares of SoFi Technologies in a research note on Wednesday, May 6th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $17.00 price objective on shares of SoFi Technologies in a research note on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $22.56.

Insider Activity at SoFi Technologies

In related news, EVP Kelli Keough sold 10,037 shares of the firm's stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $15.53, for a total value of $155,874.61. Following the completion of the transaction, the executive vice president owned 323,247 shares in the company, valued at $5,020,025.91. This trade represents a 3.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 94,958 shares of the firm's stock in a transaction that occurred on 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 completion of the transaction, the chief technology officer owned 839,640 shares of the company's stock, valued at approximately $14,634,925.20. This trade represents a 10.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 124,479 shares of company stock worth $2,163,556 in the last quarter. 2.60% of the stock is owned by insiders.

SoFi Technologies Stock Down 6.5%

SOFI stock opened at $16.03 on Friday. The stock has a market capitalization of $20.56 billion, a P/E ratio of 36.43 and a beta of 2.14. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a 12 month low of $13.93 and a 12 month high of $32.73. The firm has a 50-day moving average price of $16.72 and a 200-day moving average price of $21.20.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. The firm had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.05 billion. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The business's revenue for the quarter was up 42.6% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal 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.

Want to see what other hedge funds are holding SOFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report).

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.