SoFi Technologies, Inc. $SOFI Shares Acquired by Seven Grand Managers LLC

Key Points

• Seven Grand Managers LLC doubled its stake in SoFi Technologies in the fourth quarter, buying 750,000 more shares and bringing its total to 1.5 million shares worth about $39.3 million.
• SoFi is getting attention for its SoFiUSD stablecoin, which is now available to nearly 15 million app users and is being billed as the first bank-issued stablecoin launched on a banking platform.
• The company recently reported strong year-over-year growth, with quarterly revenue up 42.6% to $1.09 billion and EPS matching estimates at $0.12, though analysts remain mixed with a consensus rating of Hold.

Seven Grand Managers LLC raised its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 100.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,500,000 shares of the company's stock after acquiring an additional 750,000 shares during the quarter. SoFi Technologies makes up 3.0% of Seven Grand Managers LLC's investment portfolio, making the stock its 7th biggest holding. Seven Grand Managers LLC owned about 0.12% of SoFi Technologies worth $39,270,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Valley Wealth Managers Inc. acquired a new position in shares of SoFi Technologies during the 4th quarter worth about $25,000. Blue Trust Inc. boosted its position in shares of SoFi Technologies by 655.2% during the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company's stock worth $26,000 after acquiring an additional 878 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of SoFi Technologies during the 4th quarter worth about $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SoFi Technologies during the 4th quarter worth about $29,000. Finally, Quaker Wealth Management LLC boosted its position in shares of SoFi Technologies by 2,745.2% during the 4th quarter. Quaker Wealth Management LLC now owns 1,195 shares of the company's stock worth $31,000 after acquiring an additional 1,153 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: SoFi announced that SoFiUSD, a U.S. dollar-backed stablecoin issued by its national bank unit, is now available to nearly 15 million members inside the SoFi app, where users can buy, sell, hold, and convert it to dollars. The move is being framed as the first bank-issued stablecoin launched on a banking platform, a notable differentiator for SoFi. Article: SoFiUSD Becomes the First Stablecoin Issued by a US National Bank to Launch on a Banking Platform
• Positive Sentiment: Multiple reports highlighted SoFiUSD’s rollout on Ethereum and Solana, reinforcing investor enthusiasm around SoFi’s blockchain strategy and its potential to generate new fee-based revenue through tokenized deposits and cross-border transfers. Article: SoFi brings SoFiUSD to nearly 15 million users with Ethereum and Solana support
• Positive Sentiment: Commentary from crypto-focused coverage said the launch shows how the GENIUS Act regulatory framework is enabling mainstream financial firms to bring stablecoins to consumers, which may improve sentiment toward SoFi’s long-term fintech positioning. Article: SOFI Stock Gains After SoFiUSD Stablecoin Rollout On Ethereum, Solana
• Neutral Sentiment: Some analyst and media coverage remains cautious, noting that while the stablecoin launch is a strategic milestone, investor attention will likely shift to whether customers actually use the product at scale and whether it meaningfully boosts growth. Article: SoFi Launches Stablecoin to Consumers as Crypto Push Continues
• Negative Sentiment: Broader market commentary still describes SoFi as a volatile “battleground” stock and points to dilution risks, which may temper enthusiasm even as the company executes on new product launches. Article: SoFi vs. OppFi: Which Fintech Stock Should Investors Consider Buying?

SoFi Technologies Stock Up 1.2%

Shares of NASDAQ SOFI opened at $16.17 on Thursday. The stock has a market cap of $20.74 billion, a PE ratio of 36.75 and a beta of 2.12. The company has a quick ratio of 0.13, a current ratio of 0.75 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a 52-week low of $12.86 and a 52-week high of $32.73. The business has a 50-day moving average price of $16.67 and a 200 day moving average price of $21.75.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.12. The firm 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 6.25% and a net margin of 14.65%.The business's revenue was up 42.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Equities research analysts forecast that SoFi Technologies, Inc. will post 0.59 earnings per share for the current year.

Wall Street Analyst Weigh In

SOFI has been the subject of several analyst reports. Truist Financial lowered their price objective on SoFi Technologies from $20.00 to $17.00 and set a "hold" rating for the company in a research report on Tuesday, May 12th. Needham & Company LLC decreased their target price on SoFi Technologies from $33.00 to $25.00 and set a "buy" rating for the company in a research report on Thursday, April 30th. Stephens decreased their target price on SoFi Technologies from $26.00 to $25.00 and set an "overweight" rating for the company in a research report on Thursday, April 30th. TD Cowen decreased their target price on SoFi Technologies from $24.00 to $18.00 and set a "hold" rating for the company in a research report on Thursday, April 30th. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $17.00 target price on shares of SoFi Technologies in a research report on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, SoFi Technologies has an average rating of "Hold" and a consensus target price of $22.56.

Insider Buying and Selling at SoFi Technologies

In related news, CEO Anthony Noto acquired 15,545 shares of SoFi Technologies stock in a transaction on Monday, May 11th. The stock was purchased at an average cost of $16.00 per share, with a total value of $248,720.00. Following the purchase, the chief executive officer directly owned 11,946,619 shares in the company, valued at approximately $191,145,904. The trade was a 0.13% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Jeremy Rishel sold 94,958 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total value of $1,655,117.94. Following the sale, the chief technology officer directly owned 839,640 shares of the company's stock, valued at approximately $14,634,925.20. This represents a 10.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 124,479 shares of company stock valued at $2,163,556 in the last ninety days. Insiders own 2.60% 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.

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