Encompass More Asset Management Invests $920,000 in SoFi Technologies, Inc. $SOFI

Key Points

• Encompass More Asset Management established a new position in SoFi (NASDAQ:SOFI) in Q4, buying 35,157 shares valued at approximately $920,000, and overall institutional investors own about 38.43% of the stock.
• Significant insider activity occurred: Director Steven J. Freiberg sold 94,225 shares at an average of $20.31 (about $1.91M), while General Counsel Robert S. Lavet purchased 5,000 shares (~$105,200); insiders now own 2.60% of SoFi and sold 218,422 shares (~$4.11M) in the last quarter.
• SoFi reported quarterly EPS of $0.12 (in line with estimates) and revenue of $1.09 billion (beating estimates and up 42.6% year-over-year), set FY2026 guidance near $0.60 EPS, and carries an average analyst rating of "Hold" with a consensus price target of $22.72.

Encompass More Asset Management bought a new position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 35,157 shares of the company's stock, valued at approximately $920,000.

Several other large investors have also made changes to their positions in the business. RFG Advisory LLC raised its stake in shares of SoFi Technologies by 0.6% during the 4th quarter. RFG Advisory LLC now owns 179,901 shares of the company's stock worth $4,710,000 after buying an additional 1,148 shares during the period. Swedbank AB raised its stake in SoFi Technologies by 1.3% in the 4th quarter. Swedbank AB now owns 99,191 shares of the company's stock valued at $2,597,000 after purchasing an additional 1,246 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in SoFi Technologies by 8.4% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 565,607 shares of the company's stock valued at $14,808,000 after purchasing an additional 43,967 shares during the last quarter. PKS Advisory Services LLC raised its stake in SoFi Technologies by 6.1% in the 4th quarter. PKS Advisory Services LLC now owns 11,800 shares of the company's stock valued at $309,000 after purchasing an additional 675 shares during the last quarter. Finally, Sun Financial Inc acquired a new position in SoFi Technologies in the 4th quarter valued at $974,000. 38.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at SoFi Technologies

In related news, Director Steven J. Freiberg sold 94,225 shares of the firm's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the completion of the transaction, the director directly owned 588,849 shares in the company, valued at $11,959,523.19. This trade represents a 13.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Robert S. Lavet bought 5,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average price of $21.04 per share, with a total value of $105,200.00. Following the completion of the acquisition, the general counsel directly owned 17,172 shares in the company, valued at $361,298.88. This trade represents a 41.08% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders sold 218,422 shares of company stock worth $4,105,468. Insiders own 2.60% of the company's stock.

SoFi Technologies Stock Performance

NASDAQ SOFI opened at $16.30 on Thursday. The stock has a market cap of $20.79 billion, a PE ratio of 37.05 and a beta of 2.12. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a twelve month low of $12.56 and a twelve month high of $32.73. The stock has a fifty day simple moving average of $17.49 and a 200-day simple moving average of $23.16.

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SOFI shares. Citizens Jmp raised SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 price objective for the company in a research note on Monday, February 9th. Keefe, Bruyette & Woods reduced their price objective on SoFi Technologies from $20.00 to $17.00 and set an "underperform" rating for the company in a research note on Thursday, April 9th. Weiss Ratings reissued a "hold (c)" rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Barclays reduced their price objective on SoFi Technologies from $28.00 to $18.00 and set an "equal weight" rating for the company in a research note on Monday, April 6th. Finally, Stephens reduced their price objective on SoFi Technologies from $26.00 to $25.00 and set an "overweight" rating for the company in a research note on Thursday, April 30th. Seven investment 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's stock. Based on data from MarketBeat.com, SoFi Technologies presently has an average rating of "Hold" and a consensus price target of $22.72.

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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