Allworth Financial LP Has $3.12 Million Stake in SoFi Technologies, Inc. $SOFI

Allworth Financial LP raised its holdings in SoFi Technologies, Inc. (NASDAQ:SOFI) by 390.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 117,925 shares of the company’s stock after purchasing an additional 93,892 shares during the quarter. Allworth Financial LP’s holdings in SoFi Technologies were worth $3,116,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new stake in SoFi Technologies during the 3rd quarter worth about $29,000. SJS Investment Consulting Inc. raised its stake in shares of SoFi Technologies by 840.3% in the third quarter. SJS Investment Consulting Inc. now owns 1,119 shares of the company’s stock worth $30,000 after acquiring an additional 1,000 shares during the last quarter. Blume Capital Management Inc. raised its stake in shares of SoFi Technologies by 52.9% in the third quarter. Blume Capital Management Inc. now owns 1,300 shares of the company’s stock worth $34,000 after acquiring an additional 450 shares during the last quarter. Assetmark Inc. lifted its position in shares of SoFi Technologies by 50.5% during the third quarter. Assetmark Inc. now owns 1,273 shares of the company’s stock worth $34,000 after purchasing an additional 427 shares in the last quarter. Finally, Bessemer Group Inc. acquired a new position in shares of SoFi Technologies during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

Key SoFi Technologies News

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

• Positive Sentiment: CEO Anthony Noto bought shares after the short‑seller report, signaling management confidence and helping to stem the decline; that insider purchase and the company’s public rebuttal have been cited by traders as a stabilizing factor. SoFi Calls Short Seller Report ‘Factually Inaccurate and Misleading,’ Stock Rises as CEO Noto Buys Shares
• Positive Sentiment: SoFi’s loan‑platform business is growing rapidly and is described as a capital‑light growth engine (originations and related revenue have surged), which supports recurring, lower‑capital risk growth for the company. SoFi’s Loan Platform Business Emerges as a Capital-Light Growth Engine
• Neutral Sentiment: Wells Fargo initiated coverage with an equal‑weight rating and a $19 price target, offering modest upside from current levels but not a clear buy signal; this is likely to temper short‑term volatility rather than spark a big move. Wells Fargo Initiates Coverage of SoFi
• Neutral Sentiment: Analyst and media pieces debate upside (some bulls argue multi‑product cross‑sell and member growth could lift shares toward $30) versus valuation/execution risks; these narratives keep trading active but are not immediate catalysts. Can SoFi Stock Reach $30 by the End of 2026?
• Negative Sentiment: Muddy Waters released a scathing short report alleging aggressive accounting and “financial engineering,” which triggered sharp selling and raised near‑term regulatory and reputational risk until claims are resolved. Short Seller Muddy Waters Report
• Negative Sentiment: Analysts flagged new questions after the short report, prolonging downside pressure until independent audits, regulatory feedback, or clearer disclosures arrive. Analyst Flags ‘New Questions’ After Short Report
• Negative Sentiment: CTO Jeremy Rishel sold ~94,958 shares (~$1.65M), which adds negative insider‑flow optics even though other insider activity includes the CEO buy. CTO Insider Sale SEC Filing
• Negative Sentiment: Wider credit‑market and fintech sector headwinds (reports of lending restrictions at big banks) have amplified selling across credit‑sensitive fintech names, increasing short‑term vulnerability for SOFI. Private Credit Headwinds

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Barclays boosted their price objective on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. UBS Group set a $24.50 price objective on SoFi Technologies in a research report on Monday, February 2nd. Needham & Company LLC lowered their target price on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Truist Financial dropped their target price on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $25.91.

SoFi Technologies Trading Down 1.1%

NASDAQ SOFI opened at $16.90 on Friday. SoFi Technologies, Inc. has a 12 month low of $8.60 and a 12 month high of $32.73. The stock has a 50-day simple moving average of $21.06 and a 200 day simple moving average of $25.36. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $21.55 billion, a PE ratio of 44.47 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Friday, January 30th. The company reported $0.13 earnings per share (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 quarter last year, the business earned $0.05 earnings per share. The company’s revenue was up 39.6% compared to the same quarter last year. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Research analysts forecast that SoFi Technologies, Inc. will post 0.26 EPS for the current year.

Insiders Place Their Bets

In other SoFi Technologies news, General Counsel Robert S. Lavet acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average price of $21.04 per share, with a total value of $105,200.00. Following the purchase, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Jeremy Rishel sold 94,958 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $17.43, for a total value of $1,655,117.94. Following the completion of the sale, the chief technology officer owned 839,640 shares of the company’s stock, valued at $14,634,925.20. This trade represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have purchased 38,900 shares of company stock worth $705,398 and have sold 227,616 shares worth $4,418,697. Corporate insiders own 2.60% of the company’s stock.

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.