Connor Clark & Lunn Investment Management Ltd. Increases Position in SoFi Technologies, Inc. $SOFI

Key Points

• Connor Clark & Lunn increased its stake in SoFi by 793.1% in Q3 to 1,219,237 shares, representing roughly 0.10% of the company and a position worth about $32.2 million.
• Insider activity was mixed: CTO Jeremy Rishel sold 91,837 shares (a ~10.36% reduction) while General Counsel Robert Lavet bought 5,000 shares; insiders have net sold 214,753 shares (~$5.05M) in the last 90 days and own 2.6% of the stock.
• SoFi recently beat quarterly estimates with revenue up 39.6% year‑over‑year, set Q1 2026 guidance at ~$0.12 EPS and FY2026 at ~$0.60 EPS, while analysts’ consensus is a "Hold" with an average target of $26.34.

Connor Clark & Lunn Investment Management Ltd. grew its position in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 793.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,219,237 shares of the company's stock after purchasing an additional 1,082,717 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.10% of SoFi Technologies worth $32,212,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SOFI. Vestmark Advisory Solutions Inc. purchased a new position in shares of SoFi Technologies in the 2nd quarter valued at about $209,000. Vanguard Group Inc. lifted its stake in SoFi Technologies by 6.8% during the third quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company's stock worth $2,829,640,000 after purchasing an additional 6,814,727 shares during the last quarter. Quantbot Technologies LP purchased a new stake in SoFi Technologies during the second quarter worth approximately $25,699,000. Marex Group plc acquired a new position in SoFi Technologies in the second quarter valued at approximately $11,179,000. Finally, Thoroughbred Financial Services LLC increased its stake in SoFi Technologies by 212.2% in the third quarter. Thoroughbred Financial Services LLC now owns 40,140 shares of the company's stock valued at $1,060,000 after purchasing an additional 27,283 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

Insiders Place Their Bets

In related news, CTO Jeremy Rishel sold 91,837 shares of the business's stock in a transaction dated Wednesday, December 17th. The stock was 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 in the company, valued at $21,168,090.72. The trade was a 10.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, General Counsel Robert S. Lavet acquired 5,000 shares of SoFi Technologies stock in a transaction on Friday, February 6th. The shares were bought at an average cost of $21.04 per share, with a total value of $105,200.00. Following the completion of the purchase, the general counsel owned 17,172 shares in the company, valued at $361,298.88. The trade was a 41.08% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders sold 214,753 shares of company stock valued at $5,045,087. 2.60% of the stock is owned by insiders.

SoFi Technologies Stock Performance

Shares of SoFi Technologies stock opened at $17.70 on Friday. The firm's fifty day simple moving average is $22.30 and its 200-day simple moving average is $25.71. SoFi Technologies, Inc. has a 12 month low of $8.60 and a 12 month high of $32.73. The stock has a market capitalization of $22.57 billion, a price-to-earnings ratio of 46.58 and a beta of 2.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $984.75 million. During the same quarter in the prior year, the business earned $0.05 EPS. SoFi Technologies's quarterly revenue 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. As a group, equities analysts forecast that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

SoFi Technologies News Roundup

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

• Positive Sentiment: Analysts note continued growth momentum for SoFi, with positive EPS revisions for the current and next fiscal years that support longer‑term upside potential. These Beaten Down Finance Stocks Should Stay on Your Radar
• Positive Sentiment: SOFI’s 2026 outlook emphasizes not just revenue growth but improving margins as the business scales — a direct earnings-quality improvement that could support higher forward P/E multiples if execution continues. SOFI's 2026 Outlook Indicates Stronger Margins to Support Growth
• Positive Sentiment: Coverage urging investors to retain SOFI highlights solid revenue and EPS trends driven by digital banking demand, Galileo platform adoption and refinancing tailwinds — factors that underpin the growth narrative. Here's Why You Should Retain SOFI Stock in Your Portfolio Now
• Positive Sentiment: Insider buying by CEO Anthony Noto (~$1M open‑market purchase) and a strategic hire focused on financial education signal management confidence and product/marketing investments that could help user engagement and retention. SoFi Insider Buying And Education Push Reframe Growth And Risk Story
• Neutral Sentiment: Industry context: Upstart’s bank‑charter move highlights why SoFi’s own bank foundation has been valuable (access to deposits, lower funding costs) — a reminder that regulatory/deposit strategies matter across fintech but not new company-specific news. Why Upstart’s Bank Charter Bet Could Change Everything
• Neutral Sentiment: Comparisons with peers (e.g., Nu Holdings) position SoFi as a growth fintech alternative; useful for portfolio allocation decisions but not an immediate catalyst. Better Growth Stock: SoFi Technologies vs. Nu Holdings
• Negative Sentiment: Valuation and dilution worries persist: commentary points to a sizable recent share price decline and investor concern that future capital raises could be dilutive—pressuring the stock despite operational progress. SoFi Stock Outlook: Can SoFi Technologies Recover After a 30% Drop?
• Negative Sentiment: Coverage noting the stock is down materially over recent months reinforces momentum risk for holders and may keep short-term sentiment weak until valuation concerns ease or buybacks/clarifying capital actions appear. SoFi Stock Down 28% in Six Months: Is it Time to Start Collecting?

Analyst Ratings Changes

SOFI has been the topic of a number of research analyst reports. Citizens Jmp raised 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 report on Monday, February 9th. Needham & Company LLC dropped their target price on shares of SoFi Technologies from $36.00 to $33.00 and set a "buy" rating on the stock in a research report on Monday, February 2nd. Weiss Ratings reiterated a "hold (c)" rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Barclays boosted their price target on shares of SoFi Technologies from $23.00 to $28.00 and gave the company an "equal weight" rating in a research report on Tuesday, January 6th. Finally, Bank of America initiated coverage on shares of SoFi Technologies in a research note on Tuesday, January 6th. They issued an "underperform" rating and a $20.50 price objective for the company. Seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $26.34.

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.

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