Blue Jean Financial LLC Acquires Shares of 66,617 SoFi Technologies, Inc. $SOFI

Blue Jean Financial LLC acquired a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 66,617 shares of the company’s stock, valued at approximately $1,744,000. SoFi Technologies comprises about 1.4% of Blue Jean Financial LLC’s portfolio, making the stock its 24th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. bought a new position in SoFi Technologies during the 4th quarter valued at $25,000. Blue Trust Inc. boosted its stake in SoFi Technologies by 655.2% during the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after acquiring an additional 878 shares during the last quarter. Vermillion Wealth Management Inc. boosted its stake in SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock valued at $26,000 after acquiring an additional 739 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in SoFi Technologies during the 4th quarter valued at $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in SoFi Technologies during the 4th quarter valued at $29,000. 38.43% of the stock is currently owned by institutional investors.

SoFi Technologies Trading Down 0.5%

SoFi Technologies stock opened at $16.58 on Friday. The firm’s 50-day moving average is $16.81 and its 200-day moving average is $20.87. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.13 and a current ratio of 0.75. SoFi Technologies, Inc. has a 1 year low of $13.97 and a 1 year high of $32.73. The company has a market cap of $21.27 billion, a P/E ratio of 37.68 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings results 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 company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the firm posted $0.06 EPS. The company’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. On average, equities analysts expect that SoFi Technologies, Inc. will post 0.58 earnings per share for the current year.

Insider Transactions at SoFi Technologies

In other news, EVP Kelli Keough sold 10,037 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $15.53, for a total value of $155,874.61. Following the transaction, the executive vice president directly owned 323,247 shares in the company, valued at approximately $5,020,025.91. This trade represents a 3.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anthony Noto purchased 28,900 shares of SoFi Technologies stock in a transaction dated Tuesday, March 17th. The stock was acquired at an average price of $17.32 per share, for a total transaction of $500,548.00. Following the completion of the transaction, the chief executive officer owned 11,704,352 shares in the company, valued at approximately $202,719,376.64. The trade was a 0.25% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have sold 124,479 shares of company stock worth $2,163,556. 2.60% of the stock is currently owned by insiders.

SoFi Technologies News Summary

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

• Positive Sentiment: SoFi’s improving brand awareness is being cited as a driver of faster member growth, which supports its core digital banking and lending expansion thesis. SoFi’s Growing Brand Strength Continues to Drive Member Expansion
• Positive Sentiment: SoFi announced monthly distributions for its Enhanced Yield ETF (THTA), reinforcing its presence in the ETF and income-investing market and potentially supporting fee-related growth. SoFi Announces Monthly Distributions on $THTA (10.00%)
• Positive Sentiment: Several analysts and market commentators are highlighting SoFi as a stock with strong growth potential despite the recent selloff, with some arguing the bearish case is overstated given revenue growth and profitability trends. SoFi’s 36% Selloff Hides What The Bears Keep Getting Wrong
• Neutral Sentiment: SoFi is trending on Zacks, which reflects elevated investor attention but does not by itself change the company’s fundamentals. SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Reports that SoFi launched a stablecoin and became the first U.S. bank to do so could be strategically important, but the near-term earnings impact is still uncertain. SoFi just became the first US bank to launch its own stablecoin. Here’s why it matters.
• Negative Sentiment: Recent articles continue to point to a steep pullback in the stock, with concerns about valuation, high interest rates, and profitability weighing on investor sentiment. SoFi Stock Slides 42% in 6 Months: Buying Opportunity or Red Flag?
• Negative Sentiment: Another market update notes SoFi has recently fallen more than the broader market, reinforcing the weakness in the share price. SoFi Technologies, Inc. (SOFI) Falls More Steeply Than Broader Market: What Investors Need to Know

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. UBS Group reduced their price objective on shares of SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Barclays reduced 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 research note on Monday, April 6th. Truist Financial reduced their price objective on shares of SoFi Technologies from $20.00 to $17.00 and set a “hold” rating on the stock in a research note on Tuesday, May 12th. Mizuho set a $29.00 price objective on shares of SoFi Technologies in a research note on Wednesday, May 6th. Finally, Stephens reduced their price target on shares of SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $22.56.

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.