SoFi Technologies Sees Unusually High Options Volume (NASDAQ:SOFI)
by Doug Wharley · The Cerbat GemSoFi Technologies, Inc. (NASDAQ:SOFI – Get Free Report) was the target of unusually large options trading activity on Thursday. Traders bought 752,830 call options on the company. This is an increase of approximately 90% compared to the average daily volume of 395,187 call options.
Insiders Place Their Bets
In other news, General Counsel Robert S. Lavet purchased 5,000 shares of the 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 acquisition, the general counsel directly owned 17,172 shares of the company’s stock, valued at $361,298.88. This represents a 41.08% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven J. Freiberg sold 94,225 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $20.31, for a total value of $1,913,709.75. Following the completion of the transaction, the director owned 588,849 shares in the company, valued at approximately $11,959,523.19. This trade represents a 13.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have purchased 38,900 shares of company stock worth $705,398 and have sold 218,422 shares worth $4,105,468. Company insiders own 2.60% of the company’s stock.
Institutional Investors Weigh In On SoFi Technologies
A number of institutional investors have recently bought and sold shares of SOFI. Vanguard Group Inc. raised its position in shares of SoFi Technologies by 6.8% during the 3rd quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock valued at $2,829,640,000 after buying an additional 6,814,727 shares in the last quarter. Firsthand Capital Management Inc. increased its stake in SoFi Technologies by 60.0% during the third quarter. Firsthand Capital Management Inc. now owns 80,000 shares of the company’s stock worth $2,114,000 after acquiring an additional 30,000 shares during the last quarter. SG Americas Securities LLC increased its stake in SoFi Technologies by 161.6% during the fourth quarter. SG Americas Securities LLC now owns 902,392 shares of the company’s stock worth $23,625,000 after acquiring an additional 557,390 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in SoFi Technologies by 212.2% during the third quarter. Thoroughbred Financial Services LLC now owns 40,140 shares of the company’s stock valued at $1,060,000 after purchasing an additional 27,283 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in shares of SoFi Technologies by 15.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 458,703 shares of the company’s stock valued at $12,835,000 after purchasing an additional 60,676 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.
SoFi Technologies Trading Up 3.7%
SoFi Technologies stock opened at $16.10 on Friday. SoFi Technologies has a 12-month low of $12.43 and a 12-month high of $32.73. The firm has a market capitalization of $20.53 billion, a price-to-earnings ratio of 36.59 and a beta of 2.24. The firm has a 50 day moving average of $17.59 and a 200 day moving average of $23.38. 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 (NASDAQ:SOFI – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.12. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.05 billion. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.63%. The company’s revenue was up 42.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.06 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. As a group, research analysts predict that SoFi Technologies will post 0.6 earnings per share for the current year.
Key Headlines Impacting SoFi Technologies
Here are the key news stories impacting SoFi Technologies this week:
- Positive Sentiment: SoFi launched “SoFi Big Business Banking,” a regulated platform that integrates fiat and crypto operations for enterprise partners — a strategic product that can drive new recurring revenue streams and diversify revenue beyond consumer lending. SoFi Big Business Banking
- Positive Sentiment: Unusually large call‑option activity (≈752,830 calls) signals bullish positioning by some traders/speculators, which can amplify intraday upside.
- Positive Sentiment: Stephens kept an Overweight rating while trimming its price target to $25 — a vote of confidence from a buy-side analyst despite the stock’s weak post‑earnings reaction. Stephens trims PT to $25
- Neutral Sentiment: Q1 2026 results: revenue ~$1.09–1.1B (≈+43% YoY) and EPS $0.12 (in line). Performance metrics look strong, but management held FY‑2026 guidance steady — mixed signal that explains market hesitation. Q1 2026 Earnings Call Summary
- Neutral Sentiment: Company scheduled its virtual 2026 Annual Meeting for June 17 — routine corporate governance item with limited direct impact on near‑term stock moves. Annual Meeting Notice
- Negative Sentiment: Management left full‑year 2026 guidance essentially unchanged despite record Q1 results, and gave a cautious Q2 revenue outlook — the “sell‑on‑beat” market reaction has pressured the stock. Stock down after unchanged outlook
- Negative Sentiment: Block & Leviton opened an investigation into possible securities law violations tied to recent short‑seller allegations — an ongoing legal/ reputational overhang that raises execution risk and can deter some investors. Securities fraud investigation
- Negative Sentiment: Analyst downgrades / price‑target cuts (TD Cowen cut to $18/hold; Needham trimmed PT to $25) reflect raised near‑term caution and reduce upside expectations for some investors. Analyst moves (Benzinga)
- Negative Sentiment: Technology Platform revenue fell (loss of a major client), highlighting concentration risk in that segment and contributing to the cautious tone from analysts and the market. Tech platform weakness
- Negative Sentiment: Commentary and pieces questioning the fintech narrative suggest broader sentiment pressure: some investors see the transition to a bank‑like business as lowering the growth multiple. Market questioning fintech narrative
Analysts Set New Price Targets
SOFI has been the subject of several research reports. JPMorgan Chase & Co. raised shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target for the company in a research report on Tuesday, February 3rd. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $17.00 target price on shares of SoFi Technologies in a report on Thursday. Stephens decreased their price target on shares of SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Finally, Bank of America started coverage on shares of SoFi Technologies in a research report on Tuesday, January 6th. They set an “underperform” rating and a $20.50 price objective for the company. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $23.61.
View Our Latest Research Report on SoFi Technologies
About SoFi Technologies
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.