SoFi Technologies, Inc.

NASDAQ Global Select
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Slightly Bullish +15

SoFi Technologies, Inc. $SOFI Shares Sold by Amova Asset Management ...

📉 Amova Asset Management reduced its SoFi stake by 4.9% in Q1, selling 161,725 shares to hold 3,136,479 shares valued at $49.8 million.

📈 Vanguard Group increased its position by 3.6% in Q4, purchasing an additional 3.9 million shares for a total holding of 111 million shares worth $2.9 billion.

📊 SoFi reported Q1 revenue of $1.09 billion, beating estimates of $1.05 billion and showing a 42.6% increase compared to the previous year.

💰 The company achieved $0.12 EPS in Q1, matching analyst consensus estimates exactly.

🎯 SoFi has set full-year 2026 guidance for EPS between $0.59 and $0.60.

📉 UBS Group lowered its price objective to $21.00 with a 'neutral' rating in an April report.

📉 Barclays reduced its price target significantly to $18.00 and assigned an 'equal weight' rating.

📈 Citigroup cut its price target to $30.00 but maintained a 'buy' rating on the stock.

👔 CTO Jeremy Rishel sold 102,123 shares worth $1.8 million under a pre-arranged trading plan to cover tax withholding.

🏦 SoFi maintains a market cap of $21.82 billion with a P/E ratio of 38.66 and a beta of 2.14.

📉 The stock currently trades below its 200-day simple moving average of $19.04.

🏛️ Approximately 38.43% of SoFi's outstanding shares are owned by hedge funds and other institutional investors.

Bullish Signals
  • SoFi reported Q1 revenue of $1.09 billion, which exceeded analyst estimates of $1.05 billion.
  • Revenue grew 42.6% year-over-year compared to the same quarter in the previous year.
  • The company achieved $0.12 EPS in Q1, hitting analysts' consensus estimates exactly.
  • Vanguard Group significantly increased its stake by purchasing an additional 3.9 million shares in Q4.
  • Citigroup maintains a 'buy' rating despite cutting its price target to $30.00.
  • SoFi has set full-year 2026 guidance for EPS between $0.59 and $0.60, aligning closely with analyst expectations of $0.59.
Risk Factors
  • UBS Group dropped its price objective from $24.50 to $21.00 and set a 'neutral' rating.
  • Barcls reduced its price objective from $28.00 to $18.00 and assigned an 'equal weight' rating.
  • Argus initiated coverage with a 'hold' rating on the company.
  • The stock is currently trading below its 200-day simple moving average of $19.04.
  • Insiders sold 124,302 shares worth $2.18 million in the last three months to cover tax obligations.
Full Analysis
Amova Asset Management decreased its stake in SoFi Technologies by 4.9% in the first quarter, reducing holdings to approximately 3.14 million shares valued at $49.8 million. While Amova reduced its position, other major institutional investors like Vanguard Group increased their stakes significantly, with Vanguard adding over 3.9 million shares to reach a total holding of roughly 111 million shares worth nearly $2.9 billion. Analyst sentiment remains mixed following recent reports from UBS, Stephens, Citigroup, and Barclays, which adjusted price targets ranging from $18 to $30 with ratings spanning 'Sell' to 'Buy'. The consensus average rating is currently 'Hold' with a target price of $22.78, while insider activity saw CTO Jeremy Rishel and EVP Kelli Keough sell shares totaling over $2 million to cover tax obligations. SoFi reported Q1 earnings that met analyst expectations with $0.12 EPS and revenue of $1.09 billion, representing a 42.6% year-over-year increase. The company has set full-year 2026 guidance for EPS between $0.59 and $0.60, maintaining its position as a diversified financial services firm with a market capitalization of $21.82 billion.