KBC Group NV Sells 257,669 Shares of SoFi Technologies, Inc. $SOFI

KBC Group NV reduced its position in SoFi Technologies, Inc. (NASDAQ:SOFI) by 34.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 499,479 shares of the company’s stock after selling 257,669 shares during the period. KBC Group NV’s holdings in SoFi Technologies were worth $7,932,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Valley Wealth Managers Inc. acquired a new position in SoFi Technologies during the fourth quarter worth approximately $25,000. Vermillion Wealth Management Inc. raised its stake in SoFi Technologies by 283.1% in the fourth quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock valued at $26,000 after buying an additional 739 shares during the period. Blue Trust Inc. lifted its position in shares of SoFi Technologies by 655.2% in the fourth quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after buying an additional 878 shares during the last quarter. Reflection Asset Management acquired a new stake in shares of SoFi Technologies in the fourth quarter valued at approximately $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SoFi Technologies during the 4th quarter worth approximately $29,000. Institutional investors own 38.43% of the company’s stock.

SoFi Technologies Stock Down 3.2%

SOFI stock opened at $17.07 on Thursday. SoFi Technologies, Inc. has a 52 week low of $14.92 and a 52 week high of $32.73. The business has a 50-day simple moving average of $17.18 and a 200 day simple moving average of $18.92. The company has a quick ratio of 0.13, a current ratio of 0.75 and a debt-to-equity ratio of 0.17. The company has a market cap of $21.90 billion, a PE ratio of 38.80 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.12. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the prior year, the company posted $0.06 earnings per share. The business’s revenue for the quarter was up 42.6% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Sell-side analysts anticipate that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal year.

Insider Transactions at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 10,954 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $17.35, for a total transaction of $190,051.90. Following the completion of the sale, the executive vice president directly owned 378,682 shares in the company, valued at $6,570,132.70. This represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anthony Noto bought 15,545 shares of SoFi Technologies stock in a transaction on Monday, May 11th. The stock was acquired at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the acquisition, the chief executive officer owned 11,946,619 shares in the company, valued at approximately $191,145,904. This represents a 0.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders sold 124,302 shares of company stock valued at $2,182,523. Company insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Stephens decreased their target price on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Truist Financial cut their price target on SoFi Technologies from $20.00 to $17.00 and set a “hold” rating for the company in a report on Tuesday, May 12th. Argus started coverage on shares of SoFi Technologies in a research report on Wednesday, April 15th. They set a “hold” rating for the company. Barclays decreased their price objective on shares of SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Finally, TD Cowen dropped their price objective on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating on the stock in a research report on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, SoFi Technologies presently has a consensus rating of “Hold” and an average target price of $22.78.

SoFi Technologies News Summary

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

• Positive Sentiment: Wall Street is expecting revenue and earnings growth in SoFi’s upcoming quarterly report, and analysts have highlighted the possibility of another earnings beat if the company continues its recent momentum. Article Title
• Positive Sentiment: Brokerage and fintech commentary pointed to improving sentiment around smaller banks and financial companies after strong results from JPMorgan Chase and Goldman Sachs, which could support SoFi’s lending and banking outlook. Article Title
• Neutral Sentiment: SoFi remained one of the most closely watched stocks on Zacks, indicating elevated trader interest ahead of earnings, but without a clear fundamental catalyst from that attention alone. Article Title
• Neutral Sentiment: Executive Kelli Keough sold nearly 11,000 shares through a prearranged 10b5-1 plan, which is typically viewed as routine rather than a strong signal of insider concern. Article Title
• Negative Sentiment: Muddy Waters reiterated a bearish stance, arguing SoFi’s accounting practices remain a concern and calling the stock a compelling short idea, which may keep pressure on shares. Article Title
• Negative Sentiment: A separate comparison piece favored Dave over SoFi as the better fintech investment in 2026, reflecting ongoing competition and skepticism around SoFi’s relative growth case. Article Title

SoFi Technologies 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.