Raiffeisen Bank International AG Grows Stock Holdings in SoFi Technologies, Inc. $SOFI

Key Points

• Raiffeisen Bank International AG increased its SoFi stake by 3,383.5% in the second quarter, bringing its holdings to 44,380 shares valued at approximately $807,000. Institutional investors collectively own 38.43% of SOFI.
• SoFi reported quarterly EPS of $0.12 versus the $0.11 consensus estimate, while revenue rose 42.5% year over year to $1.21 billion. The company’s digital-asset partnership with Kraken could create future transaction and fee opportunities, though its financial impact remains uncertain.
• Wall Street’s overall view remains cautious, with the stock carrying a consensus “Hold” rating and a $22.55 price target. Analysts cite SoFi’s growth prospects but also debate whether its valuation already reflects substantial future success.

Raiffeisen Bank International AG lifted its position in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 3,383.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,380 shares of the company's stock after purchasing an additional 43,106 shares during the quarter. Raiffeisen Bank International AG's holdings in SoFi Technologies were worth $807,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SOFI. Valley Wealth Managers Inc. purchased a new stake in shares of SoFi Technologies in the 4th quarter valued at $25,000. Vermillion Wealth Management Inc. raised its position in SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company's stock worth $26,000 after purchasing an additional 739 shares during the period. Reflection Asset Management bought a new stake in SoFi Technologies in the fourth quarter worth $28,000. Cornerstone Planning Group LLC lifted its stake in SoFi Technologies by 232.1% in the first quarter. Cornerstone Planning Group LLC now owns 2,099 shares of the company's stock worth $34,000 after purchasing an additional 1,467 shares during the last quarter. Finally, Compass Financial Management LLC purchased a new stake in SoFi Technologies during the second quarter valued at about $34,000. 38.43% of the stock is currently owned by institutional investors.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: Payward/Kraken partnership expands SoFi’s digital-asset infrastructure. Payward, the parent of Kraken, will connect to SoFi’s Big Business Banking capabilities and SoFi Exchange Network, use Kraken Prime for crypto liquidity, and gain access to 24/7 U.S.-dollar settlement. The agreement also makes SoFiUSD available on Kraken, potentially increasing stablecoin adoption, transaction activity, and fee opportunities. SoFi integrates Payward into real-time settlement network
• Positive Sentiment: Scotiabank initiated coverage with a Sector Outperform rating and a $25 price target. The target implies meaningful upside from recent trading levels and provides fresh institutional support for SoFi’s growth strategy. Scotiabank initiates coverage
• Positive Sentiment: Analysts and bullish commentary continue to point to record revenue, member growth, improving cross-selling, and a long-term opportunity for SoFiUSD and digital financial services. SoFi price prediction
• Neutral Sentiment: The Kraken deal is strategically significant but its financial impact is uncertain. SoFi must convert expanded stablecoin access, settlement volume, and crypto liquidity into recurring revenue while managing regulatory and digital-asset risks. SoFi-Kraken partnership
• Negative Sentiment: Valuation remains a concern. Despite strong long-term returns and recent operating growth, some analysis suggests SOFI is expensive relative to intrinsic value and may already price in substantial future success. This valuation debate likely contributed to pressure on the shares. SoFi stock valuation analysis

SoFi Technologies Stock Performance

Shares of NASDAQ SOFI opened at $18.22 on Friday. The company has a quick ratio of 0.10, a current ratio of 0.74 and a debt-to-equity ratio of 0.30. The firm's 50-day moving average price is $17.89 and its 200-day moving average price is $17.48. SoFi Technologies, Inc. has a 52-week low of $14.88 and a 52-week high of $32.73. The company has a market cap of $23.53 billion, a PE ratio of 37.96, a PEG ratio of 1.50 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The company had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter last year, the company posted $0.08 earnings per share. The firm's quarterly revenue was up 42.5% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, analysts anticipate that SoFi Technologies, Inc. will post 0.61 EPS for the current year.

Wall Street Analyst Weigh In

SOFI has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price objective on SoFi Technologies from $18.00 to $17.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 30th. Mizuho decreased their price target on SoFi Technologies from $29.00 to $22.00 and set an "outperform" rating on the stock in a research note on Friday, July 31st. Weiss Ratings upgraded shares of SoFi Technologies from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Needham & Company LLC cut their price objective on SoFi Technologies from $25.00 to $24.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group lifted their target price on shares of SoFi Technologies from $17.00 to $21.00 and gave the company a "neutral" rating in a research note on Thursday, July 9th. Nine research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $22.55.

Insider Activity at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 11,286 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $18.00, for a total transaction of $203,148.00. Following the completion of the sale, the executive vice president directly owned 356,442 shares of the company's stock, valued at approximately $6,415,956. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 stock in a transaction that occurred 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 transaction, the chief technology officer owned 895,089 shares in the company, valued at $15,914,682.42. The trade was a 10.24% decrease in their ownership of the stock. 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 136,505 shares of company stock worth $2,418,096 in the last quarter. Company insiders own 2.50% of the company's stock.

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.

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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