Jeremy Rishel Sells 91,837 Shares of SoFi Technologies (NASDAQ:SOFI) Stock

SoFi Technologies, Inc. (NASDAQ:SOFI) CTO Jeremy Rishel sold 91,837 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were 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 approximately $21,168,090.72. This represents a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

SoFi Technologies Price Performance

Shares of NASDAQ:SOFI opened at $27.19 on Wednesday. The firm has a market cap of $32.79 billion, a price-to-earnings ratio of 50.35 and a beta of 1.93. SoFi Technologies, Inc. has a 1 year low of $8.60 and a 1 year high of $32.73. The company has a current ratio of 0.80, a quick ratio of 0.16 and a debt-to-equity ratio of 0.31. The business has a fifty day simple moving average of $28.17 and a 200 day simple moving average of $24.56.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Tuesday, October 28th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $880.33 million. During the same period in the prior year, the firm posted $0.05 EPS. The business’s revenue was up 37.7% compared to the same quarter last year. SoFi Technologies has set its FY 2025 guidance at 0.370-0.370 EPS. As a group, sell-side analysts predict that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SOFI. Keefe, Bruyette & Woods increased their price target on shares of SoFi Technologies from $18.00 to $20.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 29th. Jefferies Financial Group reiterated a “buy” rating and issued a $35.00 price objective on shares of SoFi Technologies in a report on Tuesday, October 28th. BTIG Research restated a “neutral” rating on shares of SoFi Technologies in a report on Wednesday, October 29th. Truist Financial decreased their price target on SoFi Technologies from $31.00 to $28.00 and set a “hold” rating for the company in a research note on Tuesday, November 25th. Finally, The Goldman Sachs Group increased their price objective on SoFi Technologies from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $25.69.

Hedge Funds Weigh In On SoFi Technologies

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in SoFi Technologies by 6.8% during the 3rd quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock valued at $2,829,640,000 after purchasing an additional 6,814,727 shares during the period. State Street Corp lifted its holdings in shares of SoFi Technologies by 30.7% during the third quarter. State Street Corp now owns 24,300,498 shares of the company’s stock worth $642,019,000 after buying an additional 5,708,053 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of SoFi Technologies by 0.7% in the third quarter. Dimensional Fund Advisors LP now owns 9,792,807 shares of the company’s stock valued at $258,821,000 after acquiring an additional 67,504 shares during the period. Norges Bank acquired a new stake in shares of SoFi Technologies in the second quarter worth $164,068,000. Finally, Marshall Wace LLP increased its position in SoFi Technologies by 88.2% during the second quarter. Marshall Wace LLP now owns 7,997,146 shares of the company’s stock worth $145,628,000 after acquiring an additional 3,748,817 shares during the period. 38.43% of the stock is currently owned by institutional investors.

More SoFi Technologies News

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

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.