SoFi Technologies, Inc. $SOFI Stock Holdings Increased by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management raised its stake in SoFi by 17.5% to 506,478 shares (about $13.27M), as institutional investors now own roughly 38.43% of the company.
• Strong Q1 results — revenue of $1.09B (+42.6% YoY), $340M EBITDA and $0.12 EPS in line with estimates — but management kept FY2026 guidance at 0.60 EPS, prompting a post‑earnings sell‑off and leaving analysts with a consensus "Hold" and $23.61 price target.
• Insider selling and headline risk: senior insiders sold sizable blocks (218,422 shares sold vs. 38,900 bought in the last 90 days), and a securities‑fraud probe/short‑seller allegations continue to weigh on sentiment.

Pictet Asset Management Holding SA increased its holdings in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 17.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 506,478 shares of the company's stock after purchasing an additional 75,507 shares during the quarter. Pictet Asset Management Holding SA's holdings in SoFi Technologies were worth $13,268,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. raised its holdings in shares of SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company's stock worth $26,000 after purchasing an additional 878 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of SoFi Technologies in the 4th quarter worth approximately $28,000. Salomon & Ludwin LLC bought a new stake in shares of SoFi Technologies in the 3rd quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SoFi Technologies in the 4th quarter worth approximately $29,000. Finally, SJS Investment Consulting Inc. raised its holdings in shares of SoFi Technologies by 840.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 1,119 shares of the company's stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors.

SoFi Technologies Stock Performance

SoFi Technologies stock opened at $16.43 on Friday. The firm's 50 day simple moving average is $17.59 and its 200-day simple moving average is $23.38. The company has a market cap of $20.95 billion, a P/E ratio of 37.34 and a beta of 2.12. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18. SoFi Technologies, Inc. has a fifty-two week low of $12.43 and a fifty-two week high of $32.73.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.63%. The firm's quarterly revenue was up 42.6% compared to the same quarter last year. During the same period last year, the firm posted $0.06 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. As a group, equities research analysts predict that SoFi Technologies, Inc. will post 0.6 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on SOFI shares. Citizens Jmp upgraded shares of SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 target price on the stock in a report on Monday, February 9th. Barclays dropped their target price on shares of SoFi Technologies from $28.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Monday, April 6th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $18.00 target price on shares of SoFi Technologies in a research report on Thursday. Keefe, Bruyette & Woods dropped their target price on shares of SoFi Technologies from $20.00 to $17.00 and set an "underperform" rating on the stock in a research report on Thursday, April 9th. Finally, Morgan Stanley set a $16.00 target price on shares of SoFi Technologies in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, SoFi Technologies currently has a consensus rating of "Hold" and a consensus price target of $23.61.

Key Stories Impacting SoFi Technologies

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

Insider Buying and Selling at SoFi Technologies

In related news, Director Steven J. Freiberg sold 94,225 shares of the firm's stock in a transaction that occurred on Friday, February 6th. The shares were 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 trade represents a 13.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Jeremy Rishel sold 94,958 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $17.43, for a total transaction of $1,655,117.94. Following the sale, the chief technology officer 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 SEC filing for this sale provides additional information. In the last 90 days, insiders acquired 38,900 shares of company stock valued at $705,398 and sold 218,422 shares valued at $4,105,468. 2.60% of the stock is owned by company insiders.

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.

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