Stock Traders Buy High Volume of Call Options on SoFi Technologies (NASDAQ:SOFI)

SoFi Technologies, Inc. (NASDAQ:SOFI) was the target of unusually large options trading on Wednesday. Traders purchased 612,015 call options on the company. This represents an increase of approximately 53% compared to the average daily volume of 400,814 call options.

SoFi Technologies Trading Up 1.3%

NASDAQ SOFI opened at $19.03 on Friday. SoFi Technologies has a 12 month low of $10.49 and a 12 month high of $32.73. The stock has a market cap of $24.27 billion, a P/E ratio of 50.08 and a beta of 2.24. The stock’s fifty day moving average price is $17.96 and its 200-day moving average price is $23.97. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $984.75 million. During the same period in the prior year, the firm posted $0.05 earnings per share. The company’s quarterly revenue was up 39.6% on a year-over-year basis. 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 analysts forecast that SoFi Technologies will post 0.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on SOFI. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a report on Monday, February 9th. Keefe, Bruyette & Woods cut their target price on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research note on Thursday, April 9th. Wells Fargo & Company cut their target price on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. UBS Group set a $24.50 target price on SoFi Technologies in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. raised SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 target price on the stock in a research note on Tuesday, February 3rd. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, SoFi Technologies currently has a consensus rating of “Hold” and a consensus target price of $24.85.

Insiders Place Their Bets

In other SoFi Technologies news, EVP Kelli Keough sold 9,755 shares of the stock in a transaction 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 completion of 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Robert S. Lavet acquired 5,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $21.04 per share, with a total value of $105,200.00. Following the acquisition, the general counsel owned 17,172 shares of the company’s stock, valued at $361,298.88. This represents a 41.08% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have purchased 38,900 shares of company stock valued at $705,398 and have sold 218,148 shares valued at $4,161,735. 2.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On SoFi Technologies

Several institutional investors have recently modified their holdings of SOFI. Valley Wealth Managers Inc. purchased a new stake in shares of SoFi Technologies during the fourth quarter valued at $25,000. Blue Trust Inc. boosted its position in shares of SoFi Technologies by 655.2% during 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. Vermillion Wealth Management Inc. boosted its position in shares of SoFi Technologies by 283.1% during 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 last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of SoFi Technologies during the fourth quarter valued at $28,000. Finally, Reflection Asset Management purchased a new stake in shares of SoFi Technologies during the fourth quarter valued at $28,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: Retail short-squeeze chatter and earnings anticipation pushed early demand for SOFI, with premarket pops reported and traders citing an upcoming April 29 earnings catalyst. SoFi Technologies Pops 5% as Short Squeeze Chatter and Earnings Anticipation Heat Up
• Positive Sentiment: Unusually large options activity — heavy call volume (about 612,015 calls) — signals speculative bullish positioning and likely magnifies intraday moves. (Options volume reported 4/15; headline coverage summarized by market trackers.)
• Positive Sentiment: SoFi’s expansion of instant bank transfers via the FedNow Service strengthens its payments capabilities and opens revenue/partnership opportunities, a company-specific product win investors view as growth-affirming. Why SoFi Technologies (SOFI) Is Up 13.9% After Expanding FedNow Instant Payments Capabilities
• Positive Sentiment: Bullish analyst/commentary pieces (Seeking Alpha, other buy-the-dip writeups) are highlighting strong member growth, revenue expansion and new product tailwinds — supporting a narrative of a rebound candidate. SoFi: This Fintech Leader Is Ready To Rebound
• Neutral Sentiment: Argus initiated coverage with a HOLD rating — a formal analyst touchpoint that can temper rallies by signaling caution despite product/metric momentum. SoFi Technologies, Inc.: Launching coverage with a HOLD rating
• Neutral Sentiment: Zacks and other newswires note increased investor attention and intraday outperformance, which can attract short-term flows but don’t change fundamentals immediately. SoFi Technologies, Inc. (SOFI) Outperforms Broader Market
• Neutral Sentiment: Broader market risk-on sentiment (easing geopolitical tensions) has boosted software and fintech names, helping lift SOFI alongside sector peers. Oracle and Other Software Stocks Are Rising Again
• Negative Sentiment: Some coverage flags valuation concerns — the FedNow rollout highlights growth prospects but also tests current multiples and expectations, which could cap upside if growth doesn’t accelerate as priced. SoFi FedNow Rollout Tests Valuation Concerns And Technology Growth Hopes

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.