Rakuten Securities Inc. Makes New Investment in SoFi Technologies, Inc. $SOFI

Key Points

• Rakuten Securities purchased 519,016 SoFi shares worth approximately $9.3 million in the second quarter, making SOFI its seventh-largest portfolio holding at 2.2%. Institutional investors own 38.43% of the company.
• 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. Shares were trading at $18.91, up 5.5%.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $22.42; meanwhile, insiders sold about $2.2 million of stock over the past 90 days under pre-arranged plans.

Rakuten Securities Inc. purchased a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 519,016 shares of the company's stock, valued at approximately $9,306,000. SoFi Technologies accounts for approximately 2.2% of Rakuten Securities Inc.'s portfolio, making the stock its 7th largest position.

Several other hedge funds have also added to or reduced their stakes in the stock. Valley Wealth Managers Inc. bought a new position in shares of SoFi Technologies in the fourth quarter worth approximately $25,000. Vermillion Wealth Management Inc. grew its holdings in shares of SoFi Technologies by 283.1% in the fourth quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company's stock worth $26,000 after acquiring an additional 739 shares during the period. Reflection Asset Management bought a new stake in shares of SoFi Technologies during the 4th quarter valued at about $28,000. American Capital Advisory LLC raised its holdings in SoFi Technologies by 456.7% in the 4th quarter. American Capital Advisory LLC now owns 1,297 shares of the company's stock worth $34,000 after purchasing an additional 1,064 shares during the period. Finally, Cornerstone Planning Group LLC increased its position 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 buying an additional 1,467 shares in the last quarter. 38.43% of the stock is owned by institutional investors.

Insider Activity

In other SoFi Technologies news, EVP Kelli Keough sold 10,954 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president owned 367,728 shares of the company's stock, valued at approximately $6,321,244.32. This trade represents a 2.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 business's stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the sale, the chief technology officer owned 895,089 shares in the company, valued at approximately $15,914,682.42. The trade was a 10.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 have sold a total of 125,219 shares of company stock worth $2,214,948 over the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

SoFi Technologies Trading Up 5.5%

Shares of NASDAQ:SOFI opened at $18.91 on Friday. The business's fifty day simple moving average is $17.73 and its 200-day simple moving average is $17.64. SoFi Technologies, Inc. has a 12-month low of $14.88 and a 12-month high of $32.73. The company has a current ratio of 0.74, a quick ratio of 0.10 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $24.42 billion, a PE ratio of 39.40 and a beta of 2.17.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, beating 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 business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the firm posted $0.08 earnings per share. The company'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, equities research analysts predict that SoFi Technologies, Inc. will post 0.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SOFI. Truist Financial raised their price objective on shares of SoFi Technologies from $18.00 to $19.00 and gave the company a "hold" rating in a research report on Wednesday, August 12th. Piper Sandler assumed coverage on SoFi Technologies in a report on Monday. They set an "overweight" rating and a $22.00 price objective on the stock. Morgan Stanley lowered their price target on shares of SoFi Technologies from $16.00 to $15.00 and set an "underweight" rating for the company in a report on Thursday, July 30th. Mizuho dropped their price objective on shares of SoFi Technologies from $29.00 to $22.00 and set an "outperform" rating for the company in a research note on Friday, July 31st. Finally, Weiss Ratings raised SoFi Technologies from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $22.42.

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

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.

Want to see what other hedge funds are holding SOFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report).

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