SoFi Technologies, Inc. $SOFI Shares Sold by BIT Capital GmbH

Key Points

• BIT Capital GmbH cut its stake in SoFi by 99.4% in Q3, selling 7,521,390 shares and leaving just 41,831 shares worth $1.105 million.
• SoFi beat quarterly expectations with EPS of $0.13 vs. $0.12 and revenue of $1.01 billion (up 39.6% YoY); the company issued Q1 and FY‑2026 EPS guidance and analysts' consensus rating is an average "Hold" with a $26.34 target.
• Major ownership moves included Vanguard raising its stake to 107.1 million shares (~$2.83 billion), while insiders saw activity: CTO Jeremy Rishel sold 91,837 shares (~$2.45M) and EVP Eric Schuppenhauer bought 5,000 shares.

BIT Capital GmbH cut its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 99.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 41,831 shares of the company's stock after selling 7,521,390 shares during the quarter. BIT Capital GmbH's holdings in SoFi Technologies were worth $1,105,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SOFI. Vanguard Group Inc. raised its stake in shares of SoFi Technologies by 6.8% during the 3rd quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company's stock valued at $2,829,640,000 after buying an additional 6,814,727 shares during the last quarter. Norges Bank purchased a new stake in SoFi Technologies in the 2nd quarter worth approximately $164,068,000. Marshall Wace LLP increased its holdings in shares of SoFi Technologies by 88.2% during the 2nd quarter. Marshall Wace LLP now owns 7,997,146 shares of the company's stock valued at $145,628,000 after purchasing an additional 3,748,817 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of SoFi Technologies by 2.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 6,628,309 shares of the company's stock valued at $120,702,000 after purchasing an additional 155,583 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in SoFi Technologies by 87.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,361,809 shares of the company's stock worth $168,079,000 after buying an additional 2,961,849 shares in the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of SoFi Technologies from a "neutral" rating to an "overweight" rating and set a $31.00 target price on the stock in a research note on Tuesday, February 3rd. Jefferies Financial Group restated a "buy" rating and issued a $35.00 price objective on shares of SoFi Technologies in a research report on Tuesday, October 28th. The Goldman Sachs Group dropped their price target on shares of SoFi Technologies from $27.00 to $24.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 6th. Mizuho set a $38.00 price target on shares of SoFi Technologies in a report on Thursday, October 30th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of SoFi Technologies in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, SoFi Technologies has an average rating of "Hold" and an average target price of $26.34.

Insider Buying and Selling

In other SoFi Technologies news, CTO Jeremy Rishel sold 91,837 shares of the business's stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total value of $2,446,537.68. Following the transaction, the chief technology officer directly owned 794,598 shares in the company, valued at $21,168,090.72. The trade was a 10.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Eric Schuppenhauer purchased 5,000 shares of SoFi Technologies stock in a transaction dated Thursday, February 5th. The shares were purchased at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the transaction, the executive vice president owned 228,768 shares in the company, valued at approximately $4,559,346.24. This trade represents a 2.23% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 204,998 shares of company stock worth $4,861,010 over the last ninety days. 2.60% of the stock is currently owned by insiders.

SoFi Technologies Stock Performance

SOFI opened at $19.30 on Friday. The firm has a market capitalization of $23.27 billion, a PE ratio of 50.79 and a beta of 2.13. The company has a current ratio of 0.78, a quick ratio of 0.16 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a twelve month low of $8.60 and a twelve month high of $32.73. The firm's 50-day moving average price is $24.73 and its 200 day moving average price is $26.16.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The business's revenue was up 39.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.05 earnings per share. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, sell-side analysts expect that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

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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