Anderson Hoagland & Co. Sells 111,449 Shares of SoFi Technologies, Inc. $SOFI

Anderson Hoagland & Co. trimmed its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 24.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 335,392 shares of the company’s stock after selling 111,449 shares during the period. Anderson Hoagland & Co.’s holdings in SoFi Technologies were worth $8,861,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SOFI. SVB Wealth LLC acquired a new position in SoFi Technologies during the first quarter valued at approximately $28,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of SoFi Technologies during the 1st quarter worth approximately $39,000. Bartlett & CO. Wealth Management LLC raised its stake in shares of SoFi Technologies by 46.9% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 1,469 shares of the company’s stock worth $39,000 after purchasing an additional 469 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of SoFi Technologies by 153.9% in the 2nd quarter. TD Private Client Wealth LLC now owns 2,562 shares of the company’s stock valued at $47,000 after buying an additional 1,553 shares during the last quarter. Finally, Hilltop National Bank grew its stake in shares of SoFi Technologies by 888.0% in the third quarter. Hilltop National Bank now owns 1,976 shares of the company’s stock valued at $52,000 after buying an additional 1,776 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Insider Buying and Selling

In other SoFi Technologies news, CTO Jeremy Rishel sold 91,837 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the transaction, the chief technology officer owned 794,598 shares in the company, valued at $21,168,090.72. This trade represents a 10.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Arun Pinto sold 46,132 shares of SoFi Technologies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $24.76, for a total value of $1,142,228.32. Following the sale, the insider directly owned 138,396 shares of the company’s stock, valued at $3,426,684.96. This represents a 25.00% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 167,813 shares of company stock valued at $4,403,334. Insiders own 2.60% of the company’s stock.

SoFi Technologies Stock Down 0.6%

SoFi Technologies stock opened at $27.19 on Wednesday. The stock has a market cap of $32.79 billion, a P/E ratio of 50.35 and a beta of 1.93. The company has a quick ratio of 0.16, a current ratio of 0.80 and a debt-to-equity ratio of 0.31. SoFi Technologies, Inc. has a twelve month low of $8.60 and a twelve month high of $32.73. The company’s 50-day moving average price is $28.17 and its two-hundred day moving average price is $24.56.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. SoFi Technologies had a return on equity of 5.12% and a net margin of 19.29%.The company had revenue of $949.63 million during the quarter, compared to analysts’ expectations of $880.33 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. 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, analysts expect that SoFi Technologies, Inc. will post 0.26 EPS for the current year.

SoFi Technologies News Summary

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

• Positive Sentiment: SoFi launched a native stablecoin, SoFiUSD, positioning the company to extend its fintech product set, drive payment/use‑case activity on its Galileo platform, and capture fees from tokenized deposits and rails — a potential long‑term growth catalyst if adoption and regulation cooperate. SoFi Technologies Launches Native Stablecoin SoFiUSD
• Positive Sentiment: Large institutional accumulation reported (JPMorgan, BlackRock and others added big positions), which can provide a stabilizing bid and implies conviction among some major asset managers. This institutional buying supports the stock’s longer‑term technical and fundamental outlook. SoFi Technologies, Inc. Stock (SOFI) Opinions on SoFiUSD Stablecoin Launch
• Neutral Sentiment: Social and news chatter is broadly optimistic about innovation and rate‑cut speculation, but market commentary is mixed on valuation — keeping short‑term sentiment volatile. SoFi Technologies, Inc. Stock (SOFI) Opinions on SoFiUSD Stablecoin Launch
• Negative Sentiment: CTO Jeremy Rishel sold 91,837 shares (earlier trade at ~$26.64), reducing his stake ~10% — a sizeable insider sale that can be interpreted as a near‑term negative signal for investor confidence. Jeremy Rishel Sells 91,837 Shares of SoFi Technologies (NASDAQ:SOFI) Stock
• Negative Sentiment: EVP Kelli Keough also sold 9,468 shares, and data show multiple insider sales (7 sales, 0 purchases recently) — the cluster of insider dispositions increases headline risk and can pressure sentiment. Kelli Keough Insider Sale Filing
• Negative Sentiment: Critical analyst pieces argue valuation and execution risks justify caution (example: Seeking Alpha’s bearish take), which can amplify selling pressure among retail and some institutional holders. SoFi: Time To Exit This Fintech Darling

Wall Street Analyst Weigh In

Several analysts have issued reports on SOFI shares. Mizuho set a $38.00 price target on shares of SoFi Technologies in a research report on Thursday, October 30th. Jefferies Financial Group restated a “buy” rating and set a $35.00 price objective on shares of SoFi Technologies in a research note on Tuesday, October 28th. Keefe, Bruyette & Woods raised their target price on shares of SoFi Technologies from $18.00 to $20.00 and gave the company an “underperform” rating in a research note on Wednesday, October 29th. Barclays lifted their price target on SoFi Technologies from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Finally, Citigroup upped their price objective on SoFi Technologies from $28.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $25.69.

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.