<div id="readability-page-1"><p>IFM Investors Pty Ltd purchased a new stake in  SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor  purchased 209,790 shares of the company's stock, valued at approximately $5,870,000.</p><ul><li>SoFi Technologies: From Fintech Speculation to Profit Engine</li></ul><p>A number of other hedge funds and other institutional investors also recently modified their holdings of SOFI. Bartlett &amp; CO. Wealth Management LLC boosted its position in shares of  SoFi Technologies by 46.9% in the third quarter. Bartlett &amp; CO. Wealth Management LLC now owns 1,469 shares of the company's stock worth $39,000 after buying an additional 469 shares during the period.  Hilltop National Bank lifted its position in  SoFi Technologies by 888.0% during the 3rd quarter. Hilltop National Bank now owns 1,976 shares of the company's stock worth $52,000 after acquiring an additional 1,776 shares in the last quarter.  Grove Bank &amp; Trust boosted its holdings in  SoFi Technologies by 151.4% in the 3rd quarter. Grove Bank &amp; Trust now owns 2,004 shares of the company's stock worth $53,000 after acquiring an additional 1,207 shares during the period.  SVB Wealth LLC acquired a new stake in  SoFi Technologies in the first quarter valued at approximately $28,000.  Finally, TD Private Client Wealth LLC raised its stake in shares of  SoFi Technologies by 153.9% during 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. Institutional investors and hedge funds own  38.43% of the company's stock. </p><div><p><span></span><span>Get <strong>SoFi Technologies</strong> alerts:</span></p></div><h2>Wall Street Analyst Weigh In</h2><p>Several research analysts have recently weighed in on SOFI shares. Jefferies Financial Group  restated a &#34;buy&#34; rating and issued a $35.00 target price on shares of SoFi Technologies in a research note on Tuesday, October 28th. Barclays upped their price objective on shares of 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. BTIG Research  reaffirmed a &#34;neutral&#34; rating on shares of SoFi Technologies in a research report on Wednesday, October 29th. Needham &amp; Company LLC boosted their price target on SoFi Technologies from $29.00 to $36.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, October 29th. Finally, Keefe, Bruyette &amp; Woods increased their price target on SoFi Technologies from $18.00 to $20.00 and gave the company an &#34;underperform&#34; rating in a report on Wednesday, October 29th. One analyst  has rated the stock with a Strong Buy rating, seven have issued  a Buy rating, twelve have assigned  a Hold rating and two have assigned  a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of &#34;Hold&#34; and an average price target of $25.69.</p><ul><li>NU Stock: U.S. Bank License May Be the Next Growth Catalyst</li></ul><p><b>Get Our Latest Analysis on SoFi Technologies</b></p><h2>Insider Buying and Selling at SoFi Technologies</h2><p>In other SoFi Technologies news, CTO Jeremy Rishel sold 91,837 shares of the stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the sale, the chief technology officer directly owned 794,598 shares of the company's stock, valued at approximately $21,168,090.72. This represents a 10.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, EVP Kelli Keough sold 9,468 shares of SoFi Technologies stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $27.14, for a total transaction of $256,961.52. Following the completion of the transaction, the executive vice president directly owned 312,948 shares of the company's stock, valued at $8,493,408.72. This trade represents a 2.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 167,813 shares of company stock worth $4,403,334 over the last 90 days. Insiders own  2.60% of the company's stock. </p><h2>SoFi Technologies Trading Up 0.8%</h2><ul><li>Mortgage Pressures Ease, 3 Stocks to Rally on Lower Rates</li></ul><p>NASDAQ:SOFI opened at $27.40 on Friday. The company has a market cap of $33.04 billion, a PE ratio of 50.73 and a beta of 1.93. The business's 50 day moving average is $28.18 and its two-hundred day moving average is $24.60. The company has a quick ratio of 0.16, a current ratio of 0.80 and a debt-to-equity ratio of 0.31. SoFi Technologies, Inc. has a 52 week low of $8.60 and a 52 week high of $32.73. </p><p>SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.02. SoFi Technologies had a return on equity of 5.12% and a net margin of 19.29%.The business had revenue of $949.63 million during the quarter, compared to the consensus estimate of $880.33 million. During the same period in the previous year, the business earned $0.05 EPS. The business's quarterly revenue was up 37.7% on a year-over-year basis. SoFi Technologies has set its FY 2025 guidance at 0.370-0.370 EPS.  On average, analysts predict that  SoFi Technologies, Inc. will post 0.26 EPS for the current year. </p><h2>SoFi Technologies Company Profile</h2> (Free Report)<p>SoFi Technologies, Inc <span>NASDAQ: SOFI<span></span></span> 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.  </p><p>SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.</p><h2>Read More</h2><ul><li>Five stocks we like better than SoFi Technologies</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Washington prepares for war</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>The McDonald's Secret</li></ul><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>IFM Investors Pty Ltd acquired 209,790 shares of SoFi Technologies, valued at approximately $5.87 million, in the third quarter. Other institutional investors also increased their holdings in SoFi. Analysts have mixed ratings on the stock, with an average rating of 'Hold' and a price target of $25.69. Recent insider sales were disclosed, with insiders selling 167,813 shares worth $4.4 million. SoFi's stock opened at $27.40, with a market cap of $33.04 billion.</p>

IFM Investors Pty Ltd Buys New Stake in SoFi Technologies, Inc. $SOFI