Danske Bank A S Purchases New Holdings in SoFi Technologies, Inc. $SOFI

Key Points

• Danske Bank acquired 557,745 SoFi shares worth approximately $10 million during the second quarter, while institutional investors collectively own 38.43% of the company.
• SoFi reported quarterly EPS of $0.12 versus $0.11 expected and revenue of $1.21 billion, up 42.5% year over year. Record loan originations and improving profitability support the growth outlook.
• Analyst sentiment remains mixed: Piper Sandler initiated an “overweight” rating, but the broader consensus is “Hold” with an average price target of $22.42; insiders have sold about $2.2 million of stock in the past 90 days.

Danske Bank A S acquired a new position in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 557,745 shares of the company's stock, valued at approximately $10,000,000.

Several other large investors have also recently bought and sold shares of SOFI. Vanguard Group Inc. increased its stake in shares of SoFi Technologies by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company's stock valued at $2,906,061,000 after buying an additional 3,900,895 shares during the period. BlackRock Inc. acquired a new position in shares of SoFi Technologies during the second quarter valued at $1,298,925,000. State Street Corp lifted its stake in shares of SoFi Technologies by 6.7% during the fourth quarter. State Street Corp now owns 25,937,928 shares of the company's stock valued at $679,055,000 after acquiring an additional 1,637,430 shares during the period. Geode Capital Management LLC boosted its holdings in SoFi Technologies by 9.0% in the fourth quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company's stock valued at $618,395,000 after acquiring an additional 1,951,248 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in SoFi Technologies by 33.6% in the fourth quarter. Morgan Stanley now owns 13,323,366 shares of the company's stock valued at $348,806,000 after acquiring an additional 3,350,258 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

More SoFi Technologies News

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

• Positive Sentiment: Bitcoin’s breakout lifted crypto-linked fintech stocks, including SoFi, as capital moved into retail brokerages and digital-asset-related companies. The rally was also supported by renewed optimism around the proposed Clarity Act, which could establish clearer U.S. cryptocurrency regulations. SoFi, Robinhood and Affirm crypto rally article
• Positive Sentiment: Piper Sandler awarded SoFi an Overweight rating, while another Wall Street analyst suggested the shares could rise about 20%. The bullish view reflects SoFi’s recent earnings beats, improving profitability, and an attractive valuation after the stock’s difficult first half of 2026. Piper Sandler Overweight rating article Analyst 20 percent upside article
• Positive Sentiment: Unusually heavy call-option activity indicated bullish short-term trading interest, with 523,615 calls purchased—approximately 36% above typical daily volume.
• Positive Sentiment: SoFi’s reported record $14.8 billion in loan originations points to strong demand and continued growth potential. Its diversified revenue base, deposit funding, and stronger profitability were also cited as advantages over some fintech-lending peers. SoFi loan originations article
• Neutral Sentiment: The lending expansion remains dependent on credit performance and funding costs. Higher interest rates could pressure loan demand, margins, and the valuation investors are willing to assign to SOFI.
• Negative Sentiment: Some valuation analysis indicates that SoFi trades at a premium to estimated fair value despite its strong three-year returns, limiting the margin of safety and potentially capping further upside. SoFi valuation analysis

Insider Activity at SoFi Technologies

In other news, EVP Kelli Keough sold 10,954 shares of SoFi Technologies stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $17.19, for a total value of $188,299.26. Following the sale, the executive vice president directly owned 367,728 shares in the company, valued at $6,321,244.32. This trade represents a 2.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 business's stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the completion of the sale, the chief technology officer directly owned 895,089 shares in the company, valued at approximately $15,914,682.42. This 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. Insiders sold a total of 125,219 shares of company stock worth $2,214,948 in the last 90 days. Company insiders own 2.50% of the company's stock.

SoFi Technologies Price Performance

SOFI stock opened at $18.91 on Friday. The stock has a 50-day moving average price of $17.73 and a two-hundred day moving average price of $17.64. SoFi Technologies, Inc. has a 1 year low of $14.88 and a 1 year high of $32.73. The stock has a market cap of $24.42 billion, a PE ratio of 39.40 and a beta of 2.17. The company has a current ratio of 0.74, a quick ratio of 0.10 and a debt-to-equity ratio of 0.30.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. SoFi Technologies had a return on equity of 6.22% 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 company posted $0.08 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Equities analysts forecast that SoFi Technologies, Inc. will post 0.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on SOFI shares. Mizuho dropped their price objective on SoFi Technologies from $29.00 to $22.00 and set an "outperform" rating for the company in a report on Friday, July 31st. Citigroup reduced their target price on shares of SoFi Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Monday, May 4th. Piper Sandler assumed coverage on shares of SoFi Technologies in a research report on Monday. They set an "overweight" rating and a $22.00 price target for the company. Stephens dropped their price target on shares of SoFi Technologies from $26.00 to $25.00 and set an "overweight" rating for the company in a research note on Thursday, April 30th. Finally, UBS Group cut their price objective on shares of SoFi Technologies from $24.50 to $21.00 and set a "neutral" rating on the stock in a report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, SoFi Technologies currently has a consensus rating of "Hold" and an average target price of $22.42.

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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