SoFi Technologies Target of Unusually High Options Trading (NASDAQ:SOFI)

SoFi Technologies, Inc. (NASDAQ:SOFIGet Free Report) was the recipient of some unusual options trading on Thursday. Stock investors bought 632,777 call options on the stock. This represents an increase of approximately 45% compared to the average daily volume of 436,925 call options.

Insider Transactions at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 9,755 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $18.87, for a total transaction 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Steven J. Freiberg sold 94,225 shares of SoFi Technologies stock in a transaction on Friday, February 6th. The stock was sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the sale, the director owned 588,849 shares of the company’s stock, valued at $11,959,523.19. The trade was a 13.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 214,753 shares of company stock worth $5,045,087. 2.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SOFI. Lake Street Private Wealth LLC raised its stake in SoFi Technologies by 4.9% in the fourth quarter. Lake Street Private Wealth LLC now owns 8,368 shares of the company’s stock valued at $219,000 after buying an additional 390 shares in the last quarter. Xcel Wealth Management LLC raised its position in shares of SoFi Technologies by 0.6% during the 3rd quarter. Xcel Wealth Management LLC now owns 70,932 shares of the company’s stock worth $1,874,000 after acquiring an additional 392 shares in the last quarter. Capital Advisors Wealth Management LLC raised its position in shares of SoFi Technologies by 0.4% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 109,483 shares of the company’s stock worth $2,866,000 after acquiring an additional 401 shares in the last quarter. First Horizon Corp boosted its holdings in SoFi Technologies by 14.9% in the fourth quarter. First Horizon Corp now owns 3,116 shares of the company’s stock valued at $82,000 after purchasing an additional 405 shares in the last quarter. Finally, Cigna Investments Inc. New boosted its holdings in SoFi Technologies by 3.8% in the fourth quarter. Cigna Investments Inc. New now owns 11,440 shares of the company’s stock valued at $299,000 after purchasing an additional 416 shares in the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

SOFI has been the topic of a number of research reports. UBS Group set a $24.50 price target on shares of SoFi Technologies in a research note on Monday, February 2nd. Bank of America started coverage on SoFi Technologies in a research report on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 target price on the stock. Needham & Company LLC dropped their price target on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Truist Financial decreased their price objective on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $26.34.

Get Our Latest Stock Report on SOFI

SoFi Technologies Trading Up 1.2%

Shares of NASDAQ SOFI traded up $0.22 during trading on Thursday, hitting $18.92. 35,459,422 shares of the company were exchanged, compared to its average volume of 61,376,078. The company has a fifty day moving average price of $23.28 and a 200-day moving average price of $25.93. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The firm has a market capitalization of $24.13 billion, a PE ratio of 49.79 and a beta of 2.20. SoFi Technologies has a 12-month low of $8.60 and a 12-month high of $32.73.

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

More SoFi Technologies News

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

SoFi Technologies Company Profile

(Get Free Report)

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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