CoreCap Advisors LLC Has $186,000 Position in SoFi Technologies, Inc. $SOFI

Key Points

• CoreCap Advisors cut its SoFi Technologies stake by 89.5% in the second quarter, selling 88,351 shares and retaining 10,361 shares valued at approximately $186,000.
• Analysts maintain a generally cautious outlook, with 10 Hold, seven Buy, and three Sell ratings. SoFi has an average “Hold” rating and an average price target of $22.38.
• SoFi exceeded quarterly expectations with $0.12 earnings per share versus the $0.11 consensus and $1.21 billion in revenue, up 42.5% year over year; however, insiders have sold about 135,256 shares over the past three months.

CoreCap Advisors LLC lowered its holdings in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 89.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,361 shares of the company's stock after selling 88,351 shares during the quarter. CoreCap Advisors LLC's holdings in SoFi Technologies were worth $186,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. acquired a new position in shares of SoFi Technologies in the 4th quarter worth approximately $25,000. Vermillion Wealth Management Inc. lifted its position in shares of SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company's stock worth $26,000 after buying an additional 739 shares during the period. Reflection Asset Management acquired a new stake in SoFi Technologies in the 4th quarter valued at $28,000. Quaker Wealth Management LLC boosted its stake in SoFi Technologies by 2,745.2% in the 4th quarter. Quaker Wealth Management LLC now owns 1,195 shares of the company's stock valued at $31,000 after buying an additional 1,153 shares in the last quarter. Finally, American Capital Advisory LLC grew its position in SoFi Technologies by 456.7% in the fourth quarter. American Capital Advisory LLC now owns 1,297 shares of the company's stock valued at $34,000 after acquiring an additional 1,064 shares during the period. Institutional investors and hedge funds own 38.43% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SOFI. Truist Financial increased their price objective on SoFi Technologies from $17.00 to $18.00 and gave the stock a "hold" rating in a research note on Friday, July 24th. UBS Group reduced their target price on shares of SoFi Technologies from $24.50 to $21.00 and set a "neutral" rating on the stock in a research note on Thursday, April 30th. Weiss Ratings lowered shares of SoFi Technologies from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, May 26th. Morgan Stanley dropped their target price on shares of SoFi Technologies from $16.00 to $15.00 and set an "underweight" rating for the company in a research report on Thursday, July 30th. Finally, Wells Fargo & Company cut 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. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, SoFi Technologies currently has an average rating of "Hold" and an average target price of $22.38.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: SoFi reportedly reached record loan originations and delivered a 61% increase in net income, which management described as a potential “clear inflection point” for the business. The results support the bullish case that continued expansion across lending, financial services, and technology products could eventually improve investor sentiment. Prediction: SOFI’s Next Chapter Could Be Its Most Important Yet
• Positive Sentiment: Compared with American Express, SoFi is portrayed as the faster-growing financial company. That growth profile could appeal to investors willing to pay a premium for expanding originations and rising earnings, even though American Express trades at a lower valuation multiple. American Express vs. SoFi Technologies: Which Financial Stock Is a Better Buy in 2026?
• Neutral Sentiment: Reported short-interest data showed zero shares sold short and a zero-day short-interest ratio, but the reported “NaN” change makes the comparison with July unreliable. Consequently, the data provides no meaningful evidence of either short-covering support or heightened bearish positioning.
• Neutral Sentiment: Jim Cramer’s discussion focused on SoFi’s persistent $16–$19 trading range. The coverage underscores limited near-term momentum and investor debate, but does not identify a specific fundamental catalyst likely to drive an immediate breakout. Jim Cramer Weighs In on SoFi’s $16–$19 Range
• Negative Sentiment: The comparison with American Express flags hidden concentration risk at SoFi. Combined with SoFi’s higher valuation, that risk may be weighing on the stock despite strong growth, particularly after the shares declined roughly 30% for the year.

SoFi Technologies Price Performance

SoFi Technologies stock opened at $17.98 on Wednesday. The business's 50-day simple moving average is $17.45 and its 200 day simple moving average is $17.97. The company has a quick ratio of 0.13, a current ratio of 0.75 and a debt-to-equity ratio of 0.17. The stock has a market cap of $23.06 billion, a price-to-earnings ratio of 37.46 and a beta of 2.17. SoFi Technologies, Inc. has a 12-month low of $14.88 and a 12-month high of $32.73.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm 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 6.39% and a net margin of 14.78%.The company's quarterly revenue was up 42.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, research analysts anticipate that SoFi Technologies, Inc. will post 0.61 earnings per share for the current year.

Insider Buying and Selling

In other SoFi Technologies news, EVP Kelli Keough sold 10,954 shares of the stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $17.19, for a total value of $188,299.26. Following the transaction, the executive vice president owned 367,728 shares of the company's stock, valued at approximately $6,321,244.32. This represents a 2.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 dated Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total value of $1,815,746.94. Following the transaction, the chief technology officer owned 895,089 shares in the company, valued at approximately $15,914,682.42. This trade represents a 10.24% decrease in their position. 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. Over the last three months, insiders have sold 135,256 shares of company stock valued at $2,370,822. 2.50% of the stock is currently owned by insiders.

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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