SEB Asset Management AB Acquires New Position in SoFi Technologies, Inc. $SOFI

SEB Asset Management AB acquired a new stake in SoFi Technologies, Inc. (NASDAQ:SOFI) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 246,095 shares of the company’s stock, valued at approximately $3,908,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of SoFi Technologies by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after buying an additional 3,900,895 shares during the period. State Street Corp grew its holdings in shares of SoFi Technologies by 6.7% during the 4th quarter. State Street Corp now owns 25,937,928 shares of the company’s stock valued at $679,055,000 after acquiring an additional 1,637,430 shares in the last quarter. Geode Capital Management LLC increased its stake 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 worth $618,395,000 after acquiring an additional 1,951,248 shares during the last quarter. Morgan Stanley increased its stake 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 worth $348,806,000 after acquiring an additional 3,350,258 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of SoFi Technologies during the fourth quarter worth $321,515,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Insider Activity

In related news, CEO Anthony Noto acquired 15,545 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $16.00 per share, with a total value of $248,720.00. Following the purchase, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at approximately $191,145,904. The trade was a 0.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelli Keough sold 10,954 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $17.35, for a total value of $190,051.90. Following the completion of the sale, the executive vice president owned 378,682 shares of the company’s stock, valued at approximately $6,570,132.70. This trade represents a 2.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 124,302 shares of company stock valued at $2,182,523. Insiders own 2.50% of the company’s stock.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: Wall Street is expecting revenue and earnings growth in SoFi’s upcoming quarterly report, and analysts have highlighted the possibility of another earnings beat if the company continues its recent momentum. Article Title
• Positive Sentiment: Brokerage and fintech commentary pointed to improving sentiment around smaller banks and financial companies after strong results from JPMorgan Chase and Goldman Sachs, which could support SoFi’s lending and banking outlook. Article Title
• Neutral Sentiment: SoFi remained one of the most closely watched stocks on Zacks, indicating elevated trader interest ahead of earnings, but without a clear fundamental catalyst from that attention alone. Article Title
• Neutral Sentiment: Executive Kelli Keough sold nearly 11,000 shares through a prearranged 10b5-1 plan, which is typically viewed as routine rather than a strong signal of insider concern. Article Title
• Negative Sentiment: Muddy Waters reiterated a bearish stance, arguing SoFi’s accounting practices remain a concern and calling the stock a compelling short idea, which may keep pressure on shares. Article Title
• Negative Sentiment: A separate comparison piece favored Dave over SoFi as the better fintech investment in 2026, reflecting ongoing competition and skepticism around SoFi’s relative growth case. Article Title

SoFi Technologies Stock Down 3.2%

SOFI stock opened at $17.07 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a 1 year low of $14.92 and a 1 year high of $32.73. The company has a fifty day simple moving average of $17.18 and a 200 day simple moving average of $18.92. The firm has a market cap of $21.90 billion, a PE ratio of 38.80 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.12. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the prior year, the company posted $0.06 earnings per share. SoFi Technologies’s revenue for the quarter was up 42.6% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Sell-side analysts anticipate that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SOFI shares. Barclays reduced their price objective on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. UBS Group dropped their target price on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Keefe, Bruyette & Woods cut their price target on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. TD Cowen reduced their price target on SoFi Technologies from $24.00 to $18.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Finally, Argus started coverage on SoFi Technologies in a research note on Wednesday, April 15th. They issued a “hold” rating for the company. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $22.78.

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.