Global Retirement Partners LLC Trims Stock Holdings in SoFi Technologies, Inc. $SOFI

Global Retirement Partners LLC cut its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 30.9% during the third quarter, HoldingsChannel.com reports. The fund owned 71,680 shares of the company’s stock after selling 32,117 shares during the quarter. Global Retirement Partners LLC’s holdings in SoFi Technologies were worth $1,894,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in SoFi Technologies in the 2nd quarter valued at $164,068,000. Quadrature Capital Ltd acquired a new position in SoFi Technologies in the second quarter valued at $115,188,000. Marshall Wace LLP raised its holdings in shares of SoFi Technologies by 88.2% in the second quarter. Marshall Wace LLP now owns 7,997,146 shares of the company’s stock valued at $145,628,000 after buying an additional 3,748,817 shares during the last quarter. Mizuho Markets Cayman LP acquired a new stake in shares of SoFi Technologies during the second quarter worth about $45,525,000. Finally, ARK Investment Management LLC grew its holdings in shares of SoFi Technologies by 118.5% during the second quarter. ARK Investment Management LLC now owns 4,424,155 shares of the company’s stock worth $80,564,000 after buying an additional 2,399,746 shares during the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Arun Pinto sold 46,132 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $24.76, for a total transaction of $1,142,228.32. Following the sale, the insider owned 138,396 shares of the company’s stock, valued at $3,426,684.96. The trade was a 25.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kelli Keough sold 9,468 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $27.14, for a total value of $256,961.52. Following the completion of the transaction, the executive vice president directly owned 312,948 shares of the company’s stock, valued at $8,493,408.72. The trade was a 2.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 167,813 shares of company stock valued at $4,403,334. Corporate insiders own 2.60% of the company’s stock.

SoFi Technologies Trading Down 8.0%

Shares of SOFI stock opened at $26.94 on Wednesday. The business’s fifty day moving average price is $27.91 and its 200 day moving average price is $25.43. The firm has a market capitalization of $32.48 billion, a PE ratio of 49.88 and a beta of 1.92. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.80 and a quick ratio of 0.16. SoFi Technologies, Inc. has a 1-year low of $8.60 and a 1-year high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Tuesday, October 28th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02. SoFi Technologies had a net margin of 19.29% and a return on equity of 5.12%. The company had revenue of $949.63 million for the quarter, compared to analyst estimates of $880.33 million. During the same period in the previous year, the firm earned $0.05 EPS. The business’s revenue was up 37.7% on a year-over-year basis. SoFi Technologies has set its FY 2025 guidance at 0.370-0.370 EPS. As a group, sell-side analysts forecast that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Analyst write-up highlighting improving fundamentals: financial-services and lending growth outpaced tech, showing revenue momentum and margin progress that support longer‑term earnings potential. Read More.
• Positive Sentiment: Recent quarterly results showed revenue and EPS beats (strong YoY revenue growth and a positive net margin), which provide a cushion against short‑term selling pressure. (Company quarterly report)
• Neutral Sentiment: SoFi completed an expanded common stock offering in December to bolster capital — improves liquidity/capital position but increases share count. Read More.
• Neutral Sentiment: Technical/short‑term bullish case noted by a chart/price-target piece that argues for a potential rally range — relevant to traders but less so for fundamental investors. Read More.
• Negative Sentiment: Headline driver — coverage and market reports cite a roughly $1.5 billion equity sale (and follow‑on activity) as pressuring the stock due to dilution and added share supply. Read More.
• Negative Sentiment: Company disclosed that underwriters exercised their option to buy additional shares in the public offering (greenshoe), effectively increasing the share count and amplifying dilution concerns. Read More.
• Negative Sentiment: Bank of America initiated coverage with an underperform rating and a $20.50 price target, signaling meaningful downside from current levels and likely contributing to short‑term selling pressure. Read More.

Analysts Set New Price Targets

Several research firms have commented on SOFI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods upped their price target on SoFi Technologies from $18.00 to $20.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 29th. UBS Group increased their price target on SoFi Technologies from $20.50 to $27.50 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Citigroup boosted their price objective on shares of SoFi Technologies from $28.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, The Goldman Sachs Group reduced their target price on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $25.50.

About SoFi Technologies

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.