<div id="readability-page-1"><p>SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) shares dropped 5.9% on Monday . The stock traded as low as $11.67 and last traded at $11.85. Approximately 15,335,844 shares changed hands during trading, a decline of 66% from the average daily volume of 45,605,363 shares. The stock had previously closed at $12.59.</p><div><p><span></span><span>Get <strong>SoFi Technologies</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><ul><li>MarketBeat Week in Review – 02/17 - 02/21</li></ul><p>A number of brokerages have issued reports on SOFI. Bank of America  reiterated an &#34;underperform&#34; rating and issued a $12.00 price target on shares of SoFi Technologies in a report on Monday, December 9th. JPMorgan Chase &amp; Co. lifted their target price on SoFi Technologies from $9.00 to $16.00 and gave the stock a &#34;neutral&#34; rating in a report on Monday, December 2nd. William Blair  reissued an &#34;outperform&#34; rating on shares of SoFi Technologies in a research note on Friday, January 24th. Morgan Stanley raised their price target on SoFi Technologies from $7.50 to $13.00 and gave the company an &#34;underweight&#34; rating in a report on Thursday, December 19th. Finally, Keefe, Bruyette &amp; Woods  reaffirmed an &#34;underperform&#34; rating and set a $8.00 price objective (up from $7.00) on shares of SoFi Technologies in a report on Thursday, January 2nd. Four equities research analysts have rated the stock with a sell rating, six have issued  a hold rating, five have given a buy rating and one  has assigned  a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $12.50.</p><p><b>View Our Latest Stock Report on SOFI</b></p><h2>SoFi Technologies Stock Up 0.7 %</h2><ul><li>SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?</li></ul><p>The stock has a market cap of $12.35 billion, a P/E ratio of 30.43, a price-to-earnings-growth ratio of 2.24 and a beta of 1.79. The company's fifty day moving average price is $15.07 and its 200-day moving average price is $12.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.18 and a current ratio of 0.49. </p><p>SoFi Technologies (NASDAQ:SOFI - Get Free Report) last announced its earnings results on Monday, January 27th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. SoFi Technologies had a return on equity of 3.82% and a net margin of 18.64%. During the same quarter last year, the firm earned $0.04 earnings per share.  Equities analysts forecast that  SoFi Technologies, Inc. will post 0.26 EPS for the current year. </p><h2>Insider Activity</h2><ul><li>Mortgage Market Bottom? Why Rocket Companies Could Be a Buy</li></ul><p>In related news, EVP Kelli Keough sold 8,914 shares of SoFi Technologies stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $15.59, for a total transaction of $138,969.26. Following the transaction, the executive vice president now directly owns 187,725 shares of the company's stock, valued at $2,926,632.75. This trade represents a 4.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Bashir Ruzwana sold 52,000 shares of the business's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $16.02, for a total value of $833,040.00. Following the completion of the transaction, the director now directly owns 25,937 shares of the company's stock, valued at approximately $415,510.74. The trade was a 66.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 144,004 shares of company stock valued at $2,292,100. 2.60% of the stock is currently owned by company insiders. </p><h2>Institutional Trading of SoFi Technologies</h2><p>Several hedge funds and other institutional investors have recently made changes to their positions in SOFI. Elequin Capital LP lifted its stake in shares of  SoFi Technologies by 30.1% during the fourth quarter. Elequin Capital LP now owns 2,726 shares of the company's stock worth $42,000 after buying an additional 631 shares during the period.  CIBC Private Wealth Group LLC raised its position in  SoFi Technologies by 1.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 60,534 shares of the company's stock worth $881,000 after buying an additional 685 shares during the last quarter.  Captrust Financial Advisors lifted its stake in  SoFi Technologies by 2.8% during the 3rd quarter. Captrust Financial Advisors now owns 29,639 shares of the company's stock valued at $233,000 after acquiring an additional 809 shares during the period.  Summit Trail Advisors LLC boosted its holdings in shares of  SoFi Technologies by 0.3% in the 3rd quarter. Summit Trail Advisors LLC now owns 280,464 shares of the company's stock valued at $2,204,000 after acquiring an additional 855 shares during the last quarter.  Finally, CIBC Asset Management Inc increased its stake in shares of  SoFi Technologies by 3.5% in the third quarter. CIBC Asset Management Inc now owns 28,409 shares of the company's stock worth $223,000 after acquiring an additional 962 shares during the period. Hedge funds and other institutional investors own  38.43% of the company's stock. </p><h2>SoFi Technologies Company Profile</h2> (Get Free Report)<p>SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than SoFi Technologies</li><li>What is the Hang Seng index?  </li><li>3 Retail Giants React to Tariffs—What It Means for Consumers</li><li>Best Stocks Under $10.00 </li><li>Rockwell Automation Poised to Gain From U.S. Tariffs &amp; Onshoring</li><li>EV Stocks and How to Profit from Them </li><li> 3 Companies Buying Back Stock—Why It Matters</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SoFi Technologies Right Now?</h2><p>Before you consider SoFi Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SoFi Technologies wasn't on the list.</p><p>While SoFi Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SOFI

<p>SoFi Technologies (NASDAQ:SOFI) shares fell 5.9% to $11.85 on Monday, with trading volume down 66% from average levels. Analysts have mixed ratings, with Bank of America maintaining an "underperform" rating and a $12.00 price target, while JPMorgan raised its target from $9.00 to $16.00. The stock has a market cap of $12.35 billion and a consensus rating of "Hold" with a target price of $12.50. Recent insider sales and institutional trading activity have also been noted, with insiders selling 144,004 shares over the last ninety days.</p>

SoFi Technologies (NASDAQ:SOFI) Stock Price Down 5.9% - Here's What Happened