Xponance Inc. Purchases 70,587 Shares of SoFi Technologies, Inc. $SOFI

Key Points

• Xponance Inc. boosted its Q3 stake in SoFi by 104.5%, buying 70,587 shares to hold 138,115 shares worth $3.649 million after the purchase.
• Analysts are mixed: SoFi's MarketBeat average rating is Hold with an average target of $26.34, though notable moves include JPMorgan upgrading to Overweight with a $31 target and other firms adjusting targets between $28 and $33.
• Insiders (including the GC and an EVP) recently bought 5,000 shares each, but insiders have net sold 214,753 shares (~$5.05 million) over the past 90 days and currently own 2.60% of the company.

Xponance Inc. lifted its position in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 104.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 138,115 shares of the company's stock after purchasing an additional 70,587 shares during the period. Xponance Inc.'s holdings in SoFi Technologies were worth $3,649,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. SJS Investment Consulting Inc. increased its stake in 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 buying an additional 1,000 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in shares of SoFi Technologies in the third quarter valued at about $29,000. Assetmark Inc. boosted its stake in shares of SoFi Technologies by 50.5% in the third quarter. Assetmark Inc. now owns 1,273 shares of the company's stock worth $34,000 after acquiring an additional 427 shares during the period. Blume Capital Management Inc. grew its position in shares of SoFi Technologies by 52.9% during the third quarter. Blume Capital Management Inc. now owns 1,300 shares of the company's stock worth $34,000 after purchasing an additional 450 shares in the last quarter. Finally, Bessemer Group Inc. purchased a new stake in shares of SoFi Technologies during the third quarter worth about $36,000. Hedge funds and other institutional investors own 38.43% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on SOFI shares. Weiss Ratings reissued a "hold (c)" rating on shares of SoFi Technologies in a report on Thursday, January 22nd. Citizens Jmp upgraded shares of SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 price objective on the stock in a research report on Monday, February 9th. Barclays boosted their target price on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 6th. Needham & Company LLC cut their target price on shares of SoFi Technologies from $36.00 to $33.00 and set a "buy" rating for the company in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a "neutral" rating to an "overweight" rating and set a $31.00 price target on the stock in a report on Tuesday, February 3rd. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, SoFi Technologies has an average rating of "Hold" and an average target price of $26.34.

SoFi Technologies Trading Down 7.0%

Shares of SOFI opened at $17.76 on Monday. The stock has a market capitalization of $22.65 billion, a PE ratio of 46.74 and a beta of 2.21. The company's fifty day moving average is $23.80 and its 200 day moving average is $26.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. SoFi Technologies, Inc. has a fifty-two week low of $8.60 and a fifty-two week high of $32.73.

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

Insider Activity at SoFi Technologies

In related news, General Counsel Robert S. Lavet acquired 5,000 shares of the stock in a transaction dated Friday, February 6th. The stock was acquired at an average cost of $21.04 per share, with a total value of $105,200.00. Following the purchase, the general counsel directly owned 17,172 shares of the company's stock, valued at approximately $361,298.88. This trade represents a 41.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Eric Schuppenhauer bought 5,000 shares of the business's stock in a transaction dated Thursday, February 5th. The shares were bought 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. The trade was a 2.23% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold a total of 214,753 shares of company stock valued at $5,045,087 over the last ninety days. 2.60% of the stock is currently owned by company insiders.

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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