Oppenheimer & Co. Inc. Has $6.71 Million Stock Position in SoFi Technologies, Inc. $SOFI

Key Points

• Oppenheimer & Co. increased its stake in SoFi by 50.3% in Q4 to 256,296 shares, a holding valued at about $6.71 million.
• SoFi reported a strong Q1 — revenue $1.09 billion (+42.6% YoY) and EPS $0.12 in line with estimates — but management kept FY2026 guidance unchanged (0.60 EPS), which helped spark a post‑earnings pullback.
• Analysts are mixed with a consensus "Hold" and an average price target of $23.61 (7 Buys, 11 Holds, 3 Sells); institutional ownership is ~38.4% and insiders were net sellers recently.

Oppenheimer & Co. Inc. grew its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 50.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 256,296 shares of the company's stock after buying an additional 85,732 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in SoFi Technologies were worth $6,710,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Activest Wealth Management grew its holdings in shares of SoFi Technologies by 1,023.7% during the fourth quarter. Activest Wealth Management now owns 2,461 shares of the company's stock valued at $64,000 after buying an additional 2,242 shares during the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of SoFi Technologies by 6.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 415,795 shares of the company's stock valued at $10,886,000 after buying an additional 23,466 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of SoFi Technologies by 92.5% during the fourth quarter. Bogart Wealth LLC now owns 2,069 shares of the company's stock valued at $54,000 after buying an additional 994 shares during the last quarter. Fagan Associates Inc. grew its holdings in shares of SoFi Technologies by 33.1% during the fourth quarter. Fagan Associates Inc. now owns 93,084 shares of the company's stock valued at $2,437,000 after buying an additional 23,155 shares during the last quarter. Finally, Covenant Asset Management LLC grew its holdings in shares of SoFi Technologies by 120.2% during the fourth quarter. Covenant Asset Management LLC now owns 179,902 shares of the company's stock valued at $4,710,000 after buying an additional 98,202 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SOFI has been the subject of a number of analyst reports. JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a "neutral" rating to an "overweight" rating and set a $31.00 price objective for the company in a report on Tuesday, February 3rd. Argus initiated coverage on shares of SoFi Technologies in a report on Wednesday, April 15th. They set a "hold" rating for the company. Wells Fargo & Company reduced their price objective on shares of SoFi Technologies from $19.00 to $18.00 and set an "equal weight" rating for the company in a report on Thursday, April 9th. Keefe, Bruyette & Woods reduced their price objective on shares of SoFi Technologies from $20.00 to $17.00 and set an "underperform" rating for the company in a report on Thursday, April 9th. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $17.00 price target on shares of SoFi Technologies in a research report on Thursday. Seven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, SoFi Technologies currently has a consensus rating of "Hold" and an average price target of $23.61.

SoFi Technologies Stock Up 2.0%

SOFI opened at $16.43 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18. The company's 50-day moving average is $17.59 and its 200 day moving average is $23.35. SoFi Technologies, Inc. has a fifty-two week low of $12.43 and a fifty-two week high of $32.73. The firm has a market capitalization of $20.95 billion, a P/E ratio of 37.34 and a beta of 2.12.

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, meeting analysts' consensus estimates of $0.12. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.63%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the firm earned $0.06 earnings per share. The firm's revenue was up 42.6% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Research analysts expect that SoFi Technologies, Inc. will post 0.59 earnings per share for the current fiscal year.

Insider Activity at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 9,755 shares of SoFi Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $18.87, for a total value of $184,076.85. Following the sale, the executive vice president owned 293,725 shares of the company's stock, valued at approximately $5,542,590.75. The trade was a 3.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Steven J. Freiberg sold 94,225 shares of SoFi Technologies 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 sale, the director directly owned 588,849 shares in the company, valued at approximately $11,959,523.19. This represents a 13.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders purchased 38,900 shares of company stock valued at $705,398 and sold 218,422 shares valued at $4,105,468. Company insiders own 2.60% of the company's stock.

More SoFi Technologies News

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

• Positive Sentiment: Record Q1 operating beat — SoFi reported ~41% YoY revenue growth, $340M EBITDA and 14.7M members with improving NIMs and deposit growth; bulls say the pullback hides durable growth and cross‑sell momentum. Article Title
• Positive Sentiment: High-profile support: Jim Cramer and other commentators called the market’s sell-off an overreaction to conservative guidance, which could encourage value buyers. Article Title
• Positive Sentiment: Research/upside from brokers — Needham reiterated a Buy and set a $25 PT (lower from $33) supporting a bullish case for patient investors. Article Title
• Neutral Sentiment: New product push — SoFi launched "Big Business Banking" to integrate fiat and crypto for enterprise clients; strategically positive longer-term but unlikely to move near‑term estimates. Article Title
• Neutral Sentiment: Management commentary — CEO told Jim Cramer they held guidance because they don't expect rate cuts this year; explains conservative outlook but signals steadiness. Article Title
• Neutral Sentiment: Options and investor flows — Unusually large call buying was reported after earnings, showing speculative/hedged bullish interest even amid the sell‑off.
• Negative Sentiment: Chime exit hit Technology Platform revenue — The transition of a large client in-house drove a ~27% YoY decline in Technology Platform revenue, raising near‑term top‑line pressure for that segment. Article Title
• Negative Sentiment: Unchanged FY guidance sparked the sell-off — Despite record Q1, management kept 2026 guidance flat citing rates/visibility, which disappointed investors who expected upside. Article Title
• Negative Sentiment: Legal/short‑report overhang — A securities‑fraud investigation notice and earlier short‑seller allegations keep headline risk elevated and may weigh on sentiment until resolved. Article Title
• Negative Sentiment: Analyst downgrades/target trims — TD Cowen cut its PT to $18 and moved to Hold, reflecting the debate over “sell-on-beat” dynamics and limited near-term upside. Article Title

SoFi Technologies Company 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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