<div id="readability-page-1"><p>MFG Wealth Management Inc. decreased its position in  SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 32.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor  owned 109,776 shares of the company's stock after selling 52,049 shares during the period. SoFi Technologies comprises  2.2% of MFG Wealth Management Inc.'s investment portfolio, making the stock its 14th biggest position. MFG Wealth Management Inc.'s holdings in SoFi Technologies were worth $2,900,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>SoFi Technologies</strong> alerts:</span></p></div><ul><li>SoFi Technologies: From Fintech Speculation to Profit Engine</li></ul><p>Other hedge funds have also modified their holdings of the company. SVB Wealth LLC purchased a new position in shares of  SoFi Technologies in the 1st quarter valued at about $28,000.  Edmond DE Rothschild Holding S.A. purchased a new position in  SoFi Technologies during the first quarter worth approximately $39,000.  TD Private Client Wealth LLC grew its holdings in  SoFi Technologies by 153.9% in the second quarter. TD Private Client Wealth LLC now owns 2,562 shares of the company's stock valued at $47,000 after purchasing an additional 1,553 shares during the period.  Hilltop National Bank grew its holdings in  SoFi Technologies by 888.0% in the third quarter. Hilltop National Bank now owns 1,976 shares of the company's stock valued at $52,000 after purchasing an additional 1,776 shares during the period.  Finally, Grove Bank &amp; Trust increased its position in shares of  SoFi Technologies by 151.4% in the third quarter. Grove Bank &amp; Trust now owns 2,004 shares of the company's stock valued at $53,000 after buying an additional 1,207 shares in the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Buying and Selling</h2><p>In related news, insider Arun Pinto sold 46,132 shares of SoFi Technologies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $24.76, for a total transaction of $1,142,228.32. Following the transaction, the insider owned 138,396 shares in the company, valued at approximately $3,426,684.96. This trade represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kelli Keough sold 10,340 shares of the company's stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $26.43, for a total value of $273,286.20. Following the completion of the sale, the executive vice president owned 265,034 shares of the company's stock, valued at approximately $7,004,848.62. The trade was a 3.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 66,508 shares of company stock worth $1,699,834. 2.60% of the stock is currently owned by company insiders. </p><h2>Analyst Ratings Changes</h2><ul><li>NU Stock: U.S. Bank License May Be the Next Growth Catalyst</li></ul><p>A number of brokerages have recently issued reports on SOFI. Barclays increased their target price on SoFi Technologies from $21.00 to $23.00 and gave the company an &#34;outperform&#34; rating in a research report on Wednesday, October 29th. Keefe, Bruyette &amp; Woods upped their price objective on shares of SoFi Technologies from $18.00 to $20.00 and gave the stock an &#34;underperform&#34; rating in a research report on Wednesday, October 29th. Jefferies Financial Group  reaffirmed a &#34;buy&#34; rating and set a $35.00 price objective on shares of SoFi Technologies in a report on Tuesday, October 28th. BTIG Research  reissued a &#34;neutral&#34; rating on shares of SoFi Technologies in a research note on Wednesday, October 29th. Finally, Citigroup upped their price target on shares of SoFi Technologies from $28.00 to $37.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, October 29th. One analyst  has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have assigned  a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company  has a consensus rating of &#34;Hold&#34; and an average target price of $25.69.</p><p><b>View Our Latest Report on SoFi Technologies</b></p><h2>SoFi Technologies Trading Up 4.0%</h2><ul><li>Mortgage Pressures Ease, 3 Stocks to Rally on Lower Rates</li></ul><p>Shares of SOFI opened at $26.29 on Friday. SoFi Technologies, Inc. has a 52-week low of $8.60 and a 52-week high of $32.73. The stock has a market cap of $31.70 billion, a PE ratio of 48.69 and a beta of 1.93. The firm's fifty day moving average is $28.16 and its two-hundred day moving average is $24.13. The company has a quick ratio of 0.16, a current ratio of 0.80 and a debt-to-equity ratio of 0.31. </p><p>SoFi Technologies (NASDAQ:SOFI - Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. The firm had revenue of $949.63 million for the quarter, compared to the consensus estimate of $880.33 million. SoFi Technologies had a net margin of 19.29% and a return on equity of 5.12%. The company's revenue for the quarter was up 37.7% on a year-over-year basis. During the same period last year, the firm posted $0.05 earnings per share. SoFi Technologies has set its FY 2025 guidance at 0.370-0.370 EPS.  Research analysts forecast that  SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year. </p><h2>About SoFi Technologies</h2> (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>Recommended Stories</h2><ul><li>Five stocks we like better than SoFi Technologies</li><li>Best Aerospace Stocks Investing </li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>How to Use the MarketBeat Excel Dividend Calculator</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>Stock Splits, Do They Really Impact Investors?</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><strong>Want to see what other hedge funds are holding SOFI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U09GSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U09GSQ"/></p><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 reporting and unbiased coverage. 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>MFG Wealth Management Inc. reduced its stake in SoFi Technologies by 32.2% in Q3, selling 52,049 shares. Insider Arun Pinto sold 46,132 shares, decreasing his ownership by 25%. Analysts have varied ratings, with a consensus "Hold" and an average target price of $25.69. SoFi's stock opened at $26.29, with a 52-week range of $8.60-$32.73.</p>

SoFi Technologies, Inc. $SOFI Shares Sold by MFG Wealth Management Inc.