Alberta Investment Management Corp Makes New $13.30 Million Investment in SoFi Technologies, Inc. $SOFI

Alberta Investment Management Corp acquired a new position in SoFi Technologies, Inc. (NASDAQ:SOFI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 508,000 shares of the company’s stock, valued at approximately $13,299,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SOFI. Brighton Jones LLC raised its holdings in SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock valued at $11,077,000 after acquiring an additional 14,281 shares during the period. Caxton Associates LLP bought a new position in SoFi Technologies in the 1st quarter worth approximately $129,000. Empowered Funds LLC raised its position in shares of SoFi Technologies by 5.2% during the first quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock valued at $385,000 after buying an additional 1,631 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of SoFi Technologies by 23.2% in the second quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock worth $251,000 after buying an additional 2,596 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of SoFi Technologies in the second quarter worth $4,633,000. 38.43% of the stock is currently owned by institutional investors.

Key SoFi Technologies News

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

• Positive Sentiment: CEO Anthony Noto bought another 13,888 shares, extending his 2026 buying streak and reinforcing confidence in SoFi’s outlook. SoFi CEO Won’t Stop Buying His Own Stock
• Positive Sentiment: SoFi helped give retail investors access to the SpaceX IPO, highlighting growth in its investing platform and its push to attract more users. SoFi (SOFI) Opened SpaceX IPO Access To Retail Investors Through Its Platform
• Positive Sentiment: Recent commentary noted SoFi’s strong revenue growth, profitability, and improving customer cross-buy trends, which support the longer-term investment case. SoFi’s Productivity Loop Strengthens Customer Relationships
• Neutral Sentiment: SoFi’s CTO sold shares, but the transaction was part of a pre-arranged 10b5-1 plan and tied to tax withholding, which makes it a less concerning insider-sale signal. SEC filing for Jeremy Rishel transaction
• Neutral Sentiment: Some coverage suggests the stock may be trying to bottom after a sharp selloff, but sentiment remains cautious and the shares are still well below prior highs. SoFi stock shows bottoming signs after suffering a $17 billion wipeout
• Negative Sentiment: SoFi underperformed the broader market in the latest session, showing that investors are still treating the name cautiously despite recent positive company-specific news. SoFi Technologies, Inc. (SOFI) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Longer-term sentiment remains weak after the stock’s sharp valuation reset, which continues to weigh on investor confidence. How SoFi Went From Fintech Darling To Wall Street Pariah

SoFi Technologies Trading Up 2.8%

Shares of SOFI stock opened at $17.91 on Friday. SoFi Technologies, Inc. has a 1 year low of $14.64 and a 1 year high of $32.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.13. The stock’s 50 day simple moving average is $16.93 and its two-hundred day simple moving average is $20.51. The company has a market cap of $22.97 billion, a PE ratio of 40.71 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Research analysts predict that SoFi Technologies, Inc. will post 0.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SOFI. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $18.00 target price on shares of SoFi Technologies in a research note on Thursday, April 30th. Morgan Stanley set a $16.00 price objective on SoFi Technologies in a research report on Thursday, April 30th. Truist Financial reduced their target price on SoFi Technologies from $20.00 to $17.00 and set a “hold” rating on the stock in a report on Tuesday, May 12th. Stephens decreased their target price on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.00 target price on shares of SoFi Technologies in a research report on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $22.56.

Insider Activity

In other news, CTO Jeremy Rishel sold 102,123 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the sale, the chief technology officer owned 895,089 shares of the company’s stock, valued at approximately $15,914,682.42. This represents a 10.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kelli Keough sold 10,037 shares of the company’s stock in a transaction that occurred on 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 represents a 3.01% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 121,902 shares of company stock valued at $2,159,155. 2.50% of the stock is currently owned by company insiders.

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.