Kelli Keough Sells 9,742 Shares of SoFi Technologies (NASDAQ:SOFI) Stock

SoFi Technologies, Inc. (NASDAQ:SOFIGet Free Report) EVP Kelli Keough sold 9,742 shares of the firm’s stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $19.25, for a total transaction of $187,533.50. Following the sale, the executive vice president owned 333,284 shares of the company’s stock, valued at approximately $6,415,717. This represents a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kelli Keough also recently made the following trade(s):

  • On Friday, March 20th, Kelli Keough sold 9,742 shares of SoFi Technologies stock. The stock was sold at an average price of $16.94, for a total transaction of $165,029.48.
  • On Friday, February 20th, Kelli Keough sold 9,755 shares of SoFi Technologies stock. The stock was sold at an average price of $18.87, for a total transaction of $184,076.85.

SoFi Technologies Stock Down 3.9%

Shares of SOFI stock traded down $0.74 during trading on Thursday, hitting $18.32. 51,526,437 shares of the company were exchanged, compared to its average volume of 62,384,570. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The firm has a market capitalization of $23.36 billion, a price-to-earnings ratio of 48.21 and a beta of 2.24. The business’s 50-day simple moving average is $17.82 and its 200 day simple moving average is $23.76. SoFi Technologies, Inc. has a twelve month low of $11.76 and a twelve month high of $32.73.

SoFi Technologies (NASDAQ:SOFIGet Free Report) last posted its quarterly earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The firm’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period last year, the company posted $0.05 earnings per share. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, analysts forecast that SoFi Technologies, Inc. will post 0.6 EPS for the current fiscal year.

Hedge Funds Weigh In On SoFi Technologies

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of SoFi Technologies by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after purchasing an additional 3,900,895 shares during the period. State Street Corp raised its position in shares of SoFi Technologies by 6.7% in the fourth quarter. State Street Corp now owns 25,937,928 shares of the company’s stock valued at $679,055,000 after purchasing an additional 1,637,430 shares during the period. Geode Capital Management LLC raised its position in shares of SoFi Technologies by 9.0% in the fourth quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company’s stock valued at $618,395,000 after purchasing an additional 1,951,248 shares during the period. Morgan Stanley raised its position in shares of SoFi Technologies by 33.6% in the fourth quarter. Morgan Stanley now owns 13,323,366 shares of the company’s stock valued at $348,806,000 after purchasing an additional 3,350,258 shares during the period. Finally, Norges Bank bought a new position in shares of SoFi Technologies in the fourth quarter valued at approximately $321,515,000. Institutional investors own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

SOFI has been the subject of several research reports. Bank of America initiated coverage on shares of SoFi Technologies in a report on Tuesday, January 6th. They set an “underperform” rating and a $20.50 price target for the company. The Goldman Sachs Group decreased their price target on shares of SoFi Technologies from $25.00 to $20.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Barclays cut their price objective on shares of SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Truist Financial cut their price objective on shares of SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a research report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $24.85.

Check Out Our Latest Research Report on SoFi Technologies

Key Stories Impacting SoFi Technologies

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About SoFi Technologies

(Get Free Report)

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.

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