Baker Chad R Makes New Investment in SoFi Technologies, Inc. $SOFI

Baker Chad R purchased a new stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 58,545 shares of the company’s stock, valued at approximately $1,555,000.

A number of other hedge funds have also recently made changes to their positions in the business. Norden Group LLC raised its position in SoFi Technologies by 14.9% in the 4th quarter. Norden Group LLC now owns 10,353 shares of the company’s stock worth $271,000 after purchasing an additional 1,342 shares during the period. SeaCrest Wealth Management LLC boosted its position in SoFi Technologies by 40.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 31,255 shares of the company’s stock valued at $844,000 after buying an additional 9,077 shares during the period. Traynor Capital Management Inc. grew its stake in shares of SoFi Technologies by 4.5% during the fourth quarter. Traynor Capital Management Inc. now owns 24,703 shares of the company’s stock valued at $647,000 after buying an additional 1,073 shares during the last quarter. Thrive Wealth Management LLC increased its holdings in shares of SoFi Technologies by 2.8% in the fourth quarter. Thrive Wealth Management LLC now owns 19,492 shares of the company’s stock worth $510,000 after buying an additional 535 shares during the period. Finally, David J Yvars Group lifted its stake in shares of SoFi Technologies by 12.5% in the 4th quarter. David J Yvars Group now owns 13,300 shares of the company’s stock valued at $348,000 after acquiring an additional 1,480 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Barclays increased their target price on SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. UBS Group set a $24.50 price objective on SoFi Technologies in a research report on Monday, February 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Needham & Company LLC cut their target price on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, Wells Fargo & Company assumed coverage on shares of SoFi Technologies in a research note on Thursday, March 19th. They issued an “equal weight” rating and a $19.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $25.91.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: SoFi announced expansion of its Loan Platform Business, committing over $3.6 billion in personal loan delivery across multiple new partnerships — a concrete revenue-growth and fee-income catalyst if delivery meets expectations. SoFi Expands Loan Platform Business
• Positive Sentiment: CEO Anthony Noto disclosed an insider purchase of 28,900 shares — a standard bullish signal from management that can reassure investors amid the current scrutiny. CEO Anthony Noto Just Bought 28,900 Shares
• Neutral Sentiment: Previous quarterly results showed revenue and EPS beats, and management has given FY/Q1 EPS targets; that underlying performance is a stabilizing backdrop but may be overshadowed by the current controversy. Q4 Earnings Highs And Lows: SoFi
• Neutral Sentiment: Some coverage notes the market has, at times, “shrugged off” previous short-seller attacks — meaning headlines alone don’t guarantee a sustained decline, but volatility tends to increase. Notorious Short-Seller Unloaded on SoFi
• Negative Sentiment: Muddy Waters Research publicly accused SoFi of improper accounting and misrepresenting its loan portfolio, raising immediate concerns about accounting quality and triggering investor re-rating risk. SoFi Short-Seller Clash Puts Accounting Quality And Valuation In Focus
• Negative Sentiment: Prominent investor Steve Eisman warned that SoFi’s securitization/funding practices and private-credit exposure could pose material downside in a credit cycle — comments that amplify regulatory, funding and credit-risk fears. ‘Big Short’ Legend Steve Eisman Says SoFi’s Private Credit Problems Could Be ‘Potentially A Disaster’

Insider Activity

In related news, General Counsel Robert S. Lavet purchased 5,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $21.04 per share, with a total value of $105,200.00. Following the transaction, the general counsel directly owned 17,172 shares in the company, valued at $361,298.88. This trade represents a 41.08% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Anthony Noto purchased 28,900 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was bought at an average price of $17.32 per share, for a total transaction of $500,548.00. Following the purchase, the chief executive officer directly owned 11,704,352 shares in the company, valued at $202,719,376.64. The trade was a 0.25% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 38,900 shares of company stock valued at $705,398 and sold 218,148 shares valued at $4,161,735. Company insiders own 2.60% of the company’s stock.

SoFi Technologies Stock Performance

Shares of SOFI stock opened at $15.87 on Friday. The company’s fifty day moving average price is $20.25 and its 200-day moving average price is $25.12. The stock has a market cap of $20.24 billion, a PE ratio of 41.76 and a beta of 2.20. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a 12 month low of $8.60 and a 12 month high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. During the same period last year, the company posted $0.05 EPS. SoFi Technologies’s revenue was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. On average, equities analysts expect that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

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.