Exchange Traded Concepts LLC Has $9.90 Million Stock Position in SoFi Technologies, Inc. $SOFI

Exchange Traded Concepts LLC increased its stake in SoFi Technologies, Inc. (NASDAQ:SOFI) by 6.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 374,715 shares of the company’s stock after purchasing an additional 22,460 shares during the period. Exchange Traded Concepts LLC’s holdings in SoFi Technologies were worth $9,900,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Red Door Wealth Management LLC bought a new position in SoFi Technologies in the 3rd quarter valued at about $229,000. Focus Financial Network Inc. bought a new stake in shares of SoFi Technologies during the 3rd quarter worth approximately $235,000. Rydar Equities Inc. acquired a new stake in shares of SoFi Technologies during the 3rd quarter worth approximately $298,000. Bartlett & CO. Wealth Management LLC increased its stake in SoFi Technologies by 46.9% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 1,469 shares of the company’s stock valued at $39,000 after acquiring an additional 469 shares during the last quarter. Finally, Meadowbrook Wealth Management LLC bought a new position in SoFi Technologies in the third quarter valued at approximately $266,000. Institutional investors own 38.43% of the company’s stock.

Insider Buying and Selling at SoFi Technologies

In other news, insider Arun Pinto sold 46,132 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $24.76, for a total transaction of $1,142,228.32. Following the completion of the transaction, the insider owned 138,396 shares of the company’s stock, valued at approximately $3,426,684.96. This trade represents a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Jeremy Rishel sold 91,837 shares of the business’s 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 completion of the sale, the chief technology officer directly owned 794,598 shares in the company, valued at approximately $21,168,090.72. This represents a 10.36% 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 worth $4,403,334. 2.60% of the stock is currently owned by company insiders.

SoFi Technologies Price Performance

Shares of SOFI opened at $27.19 on Wednesday. SoFi Technologies, Inc. has a 12-month low of $8.60 and a 12-month high of $32.73. The business has a 50-day simple moving average of $28.17 and a two-hundred day simple moving average of $24.56. The company has a quick ratio of 0.16, a current ratio of 0.80 and a debt-to-equity ratio of 0.31. The stock has a market cap of $32.79 billion, a PE ratio of 50.35 and a beta of 1.93.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly 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 analysts’ expectations of $880.33 million. During the same period in the previous year, the business posted $0.05 earnings per share. The business’s quarterly 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. Analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on SOFI. Truist Financial reduced their target price on SoFi Technologies from $31.00 to $28.00 and set a “hold” rating on the stock in a report on Tuesday, November 25th. Keefe, Bruyette & Woods boosted their price target on SoFi Technologies from $18.00 to $20.00 and gave the stock an “underperform” rating in a report on Wednesday, October 29th. BTIG Research reaffirmed a “neutral” rating on shares of SoFi Technologies in a research note on Wednesday, October 29th. Morgan Stanley lifted their target price on SoFi Technologies from $13.00 to $18.00 and gave the company an “underweight” rating in a research report on Monday, September 29th. Finally, Citigroup increased their target price on shares of SoFi Technologies from $28.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $25.69.

Trending Headlines about SoFi Technologies

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

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.