Centaurus Financial Inc. Buys Shares of 77,075 SoFi Technologies, Inc. $SOFI

Centaurus Financial Inc. purchased a new stake in SoFi Technologies, Inc. (NASDAQ:SOFI) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 77,075 shares of the company’s stock, valued at approximately $1,382,000.

A number of other institutional investors also recently modified their holdings of the business. Cary Street Partners Investment Advisory LLC boosted its position in SoFi Technologies by 21.2% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 2,880 shares of the company’s stock valued at $75,000 after buying an additional 503 shares in the last quarter. Bensler LLC increased its holdings in shares of SoFi Technologies by 3.6% during the fourth quarter. Bensler LLC now owns 17,450 shares of the company’s stock worth $457,000 after buying an additional 600 shares in the last quarter. Mayflower Financial Advisors LLC lifted its stake in shares of SoFi Technologies by 2.3% in the 1st quarter. Mayflower Financial Advisors LLC now owns 29,202 shares of the company’s stock valued at $464,000 after acquiring an additional 653 shares during the last quarter. CX Institutional lifted its stake in shares of SoFi Technologies by 36.2% in the 2nd quarter. CX Institutional now owns 2,477 shares of the company’s stock valued at $44,000 after acquiring an additional 658 shares during the last quarter. Finally, PKS Advisory Services LLC boosted its holdings in shares of SoFi Technologies by 6.1% during the 4th quarter. PKS Advisory Services LLC now owns 11,800 shares of the company’s stock valued at $309,000 after acquiring an additional 675 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SOFI shares. The Goldman Sachs Group boosted their price objective on SoFi Technologies from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Needham & Company LLC dropped their target price on SoFi Technologies from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Citigroup reduced their price target on SoFi Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Morgan Stanley lowered their price objective on SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating for the company in a research note on Thursday, July 30th. Finally, TD Cowen dropped their price objective on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $22.42.

Insider Buying and Selling at SoFi Technologies

In related news, EVP Kelli Keough sold 11,286 shares of SoFi Technologies stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $18.00, for a total transaction of $203,148.00. Following the completion of the transaction, the executive vice president owned 356,442 shares of the company’s stock, valued at $6,415,956. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 102,123 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the sale, the chief technology officer directly owned 895,089 shares in the company, valued at $15,914,682.42. This trade represents a 10.24% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 136,505 shares of company stock valued at $2,418,096. 2.50% of the stock is currently owned by corporate insiders.

SoFi Technologies News Summary

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

• Positive Sentiment: SoFi Plus could support recurring growth. Early traction for the company’s paid membership program is encouraging investors, particularly because SoFi can cross-sell lending, investing, banking and other products to members. Higher product adoption and membership revenue could make growth more diversified and predictable. SoFi Technologies’ SoFi Plus: Can Paid Membership Drive Growth?
• Positive Sentiment: Recent earnings and technical momentum remain supportive. SoFi’s latest quarterly results exceeded expectations, with earnings per share of $0.12 versus an $0.11 consensus estimate and revenue of $1.21 billion, up 42.5% year over year. The stock’s recent rebound and move back above key trend lines have also improved investor sentiment. SoFi stock edges higher Thursday: What’s going on?
• Neutral Sentiment: Investors are comparing SoFi’s diversified platform with Sezzle’s more focused fintech model. The comparison highlights SoFi’s broader product offering and scale, but also brings attention to differences in valuation, growth rates and risk. The discussion may increase visibility without establishing a clear near-term catalyst. Sezzle vs. SoFi: Which High-Growth Fintech Stock Is the Better Buy Now?
• Negative Sentiment: Valuation and analyst caution are limiting enthusiasm. One analysis argues that even with strong execution, the stock’s rebound may already reflect much of the good news and recommends reducing exposure to a hold. Separately, analysts’ consensus recommendation is “Hold,” suggesting limited conviction at current valuation levels. SoFi: Everything Went Right, And I’m Still Cutting To Hold SoFi Receives Consensus Recommendation of Hold

SoFi Technologies Price Performance

SoFi Technologies stock opened at $19.18 on Friday. The stock’s 50 day moving average is $17.83 and its 200 day moving average is $17.56. SoFi Technologies, Inc. has a one year low of $14.88 and a one year high of $32.73. The firm has a market cap of $24.77 billion, a P/E ratio of 39.96 and a beta of 2.17. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.74 and a quick ratio of 0.10.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the firm posted $0.08 EPS. The company’s revenue for the quarter was up 42.5% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, research analysts expect that SoFi Technologies, Inc. will post 0.61 EPS for the current 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.