AXQ Capital LP Has $1.44 Million Stock Holdings in SoFi Technologies, Inc. $SOFI

AXQ Capital LP decreased its position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) by 54.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,657 shares of the company’s stock after selling 66,096 shares during the quarter. SoFi Technologies comprises approximately 0.6% of AXQ Capital LP’s investment portfolio, making the stock its 19th largest position. AXQ Capital LP’s holdings in SoFi Technologies were worth $1,444,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SOFI. Vanguard Group Inc. raised its stake in SoFi Technologies by 6.8% during the third quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock worth $2,829,640,000 after buying an additional 6,814,727 shares during the last quarter. Norges Bank acquired a new stake in SoFi Technologies during the 2nd quarter worth about $164,068,000. Marshall Wace LLP raised its position in shares of SoFi Technologies by 88.2% in the 2nd 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 in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of SoFi Technologies by 2.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 6,628,309 shares of the company’s stock valued at $120,702,000 after purchasing an additional 155,583 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of SoFi Technologies by 87.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,361,809 shares of the company’s stock valued at $168,079,000 after purchasing an additional 2,961,849 shares in the last quarter. 38.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Truist Financial dropped their price target on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a research note on Wednesday, February 18th. Mizuho set a $38.00 price objective on shares of SoFi Technologies in a research note on Thursday, October 30th. JPMorgan Chase & Co. raised shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 target price on the stock in a research note on Tuesday, February 3rd. BTIG Research restated a “neutral” rating on shares of SoFi Technologies in a report on Wednesday, October 29th. Finally, The Goldman Sachs Group dropped their price objective on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Tuesday, January 6th. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, SoFi Technologies currently has a consensus rating of “Hold” and a consensus price target of $26.34.

SoFi Technologies Stock Performance

Shares of SoFi Technologies stock opened at $18.22 on Tuesday. SoFi Technologies, Inc. has a 52 week low of $8.60 and a 52 week high of $32.73. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average price of $24.41 and a 200-day moving average price of $26.17. The company has a market cap of $21.97 billion, a PE ratio of 47.95 and a beta of 2.13.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. SoFi Technologies’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. Equities analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Steven J. Freiberg sold 94,225 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $20.31, for a total value of $1,913,709.75. Following the transaction, the director owned 588,849 shares in the company, valued at $11,959,523.19. The trade was a 13.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Eric Schuppenhauer bought 5,000 shares of SoFi Technologies stock in a transaction dated Thursday, February 5th. The stock was acquired at an average cost of $19.93 per share, with a total value of $99,650.00. Following the completion of the acquisition, the executive vice president owned 228,768 shares of the company’s stock, valued at $4,559,346.24. This represents a 2.23% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have sold 214,753 shares of company stock worth $5,045,087. Corporate insiders own 2.60% of the company’s stock.

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.