Sun Financial Inc Buys Shares of 37,187 SoFi Technologies, Inc. $SOFI

Key Points

• Sun Financial bought 37,187 shares of SoFi (~$974,000) in Q4, joining other institutional buyers and sellers as institutional ownership stands at about 38.43%.
• Record Q1 but muted guidance: SoFi posted ~41% YoY revenue growth, $340M EBITDA and 14.7M members, yet management kept FY‑2026 guidance unchanged and a Chime exit drove a ~27% decline in Technology Platform revenue, triggering a stock sell‑off.
• Headline risks remain elevated from a reported securities‑fraud investigation and short‑seller allegations, alongside mixed insider activity (notable EVP sale and GC purchase) and an analyst consensus of "Hold" with an average target of $23.61.

Sun Financial Inc bought a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 37,187 shares of the company's stock, valued at approximately $974,000.

Several other institutional investors have also recently added to or reduced their stakes in SOFI. Reynders McVeigh Capital Management LLC grew its position in shares of SoFi Technologies by 12.8% during the fourth quarter. Reynders McVeigh Capital Management LLC now owns 541,880 shares of the company's stock worth $14,186,000 after acquiring an additional 61,422 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in SoFi Technologies by 72.4% in the fourth quarter. Benjamin Edwards Inc. now owns 20,975 shares of the company's stock worth $549,000 after purchasing an additional 8,812 shares during the period. Strs Ohio lifted its holdings in SoFi Technologies by 10.1% in the fourth quarter. Strs Ohio now owns 418,446 shares of the company's stock worth $10,955,000 after purchasing an additional 38,364 shares during the period. Caisse Des Depots ET Consignations lifted its holdings in SoFi Technologies by 51.5% in the fourth quarter. Caisse Des Depots ET Consignations now owns 133,675 shares of the company's stock worth $3,500,000 after purchasing an additional 45,459 shares during the period. Finally, Composition Wealth LLC lifted its holdings in SoFi Technologies by 1.2% in the fourth quarter. Composition Wealth LLC now owns 90,830 shares of the company's stock worth $2,378,000 after purchasing an additional 1,041 shares during the period. Institutional investors own 38.43% of the company's stock.

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

In related news, EVP Kelli Keough sold 9,755 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $18.87, for a total value of $184,076.85. Following the transaction, the executive vice president owned 293,725 shares in the company, valued at approximately $5,542,590.75. This represents a 3.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Robert S. Lavet acquired 5,000 shares of the company's stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the acquisition, the general counsel directly owned 17,172 shares of the company's stock, valued at $361,298.88. The trade was a 41.08% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 38,900 shares of company stock worth $705,398 and have sold 218,422 shares worth $4,105,468. Company insiders own 2.60% of the company's stock.

Analysts Set New Price Targets

SOFI has been the subject of a number of research analyst reports. Stephens cut their price target on shares of SoFi Technologies from $26.00 to $25.00 and set an "overweight" rating for the company in a report on Thursday. Argus initiated coverage on shares of SoFi Technologies in a report on Wednesday, April 15th. They issued a "hold" rating for the company. Citizens Jmp raised shares of SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 price target for the company in a report on Monday, February 9th. Bank of America started coverage on shares of SoFi Technologies in a report on Tuesday, January 6th. They issued an "underperform" rating and a $20.50 price target for the company. Finally, Truist Financial cut their price objective on SoFi Technologies from $21.00 to $20.00 and set a "hold" rating on the stock in a report on Friday, April 24th. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $23.61.

SoFi Technologies Price Performance

NASDAQ SOFI opened at $16.43 on Monday. The company has a market cap of $20.95 billion, a PE ratio of 37.34 and a beta of 2.12. SoFi Technologies, Inc. has a 1 year low of $12.43 and a 1 year high of $32.73. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The stock's 50-day moving average price is $17.59 and its two-hundred day moving average price is $23.32.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share for the quarter, meeting analysts' consensus estimates of $0.12. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. SoFi Technologies had a return on equity of 6.63% and a net margin of 14.65%.The firm's quarterly revenue was up 42.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. On average, analysts predict that SoFi Technologies, Inc. will post 0.59 EPS for the current year.

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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