---
title: "345,000 Shares in SoFi Technologies, Inc. $SOFI Purchased by Clear Street Group Inc."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279149943.md"
description: "Clear Street Group Inc. acquired 345,000 shares of SoFi Technologies, Inc. (NASDAQ:SOFI) valued at approximately $9.1 million during Q3, according to SEC filings. Other investors, including Xcel Wealth Management and Key Client Fiduciary Advisors, also adjusted their holdings. Analyst ratings for SoFi show a consensus \"Hold\" with an average target price of $26.34. Insider trading activity included EVP Kelli Keough selling shares and General Counsel Robert S. Lavet purchasing shares. SoFi's stock opened at $17.76, with a debt-to-equity ratio of 0.17."
datetime: "2026-03-15T09:51:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279149943.md)
  - [en](https://longbridge.com/en/news/279149943.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279149943.md)
---

# 345,000 Shares in SoFi Technologies, Inc. $SOFI Purchased by Clear Street Group Inc.

Clear Street Group Inc. acquired a new position in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 345,000 shares of the company's stock, valued at approximately $9,115,000.

Get **SoFi Technologies** alerts:

-   Why Upstart’s Bank Charter Bet Could Change Everything

Several other large investors also recently bought and sold shares of SOFI. Xcel Wealth Management LLC raised its holdings in shares of SoFi Technologies by 0.6% during the third quarter. Xcel Wealth Management LLC now owns 70,932 shares of the company's stock valued at $1,874,000 after acquiring an additional 392 shares during the last quarter. Key Client Fiduciary Advisors LLC lifted its position in shares of SoFi Technologies by 3.1% in the third quarter. Key Client Fiduciary Advisors LLC now owns 14,101 shares of the company's stock valued at $373,000 after acquiring an additional 419 shares in the last quarter. Assetmark Inc. boosted its stake in shares of SoFi Technologies by 50.5% in the third quarter. Assetmark Inc. now owns 1,273 shares of the company's stock worth $34,000 after acquiring an additional 427 shares during the last quarter. Cigna Investments Inc. New increased its position in shares of SoFi Technologies by 4.2% during the third quarter. Cigna Investments Inc. New now owns 11,024 shares of the company's stock worth $291,000 after purchasing an additional 446 shares in the last quarter. Finally, Blume Capital Management Inc. increased its position in shares of SoFi Technologies by 52.9% during the third quarter. Blume Capital Management Inc. now owns 1,300 shares of the company's stock worth $34,000 after purchasing an additional 450 shares in the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

## Analyst Ratings Changes

A number of brokerages have weighed in on SOFI. Weiss Ratings restated a "hold (c)" rating on shares of SoFi Technologies in a report on Thursday, January 22nd. Bank of America started coverage on shares of SoFi Technologies in a report on Tuesday, January 6th. They set an "underperform" rating and a $20.50 target price for the company. The Goldman Sachs Group reduced their target price on shares of SoFi Technologies from $27.00 to $24.00 and set a "neutral" rating for the company in a research report on Tuesday, January 6th. Barclays raised their price target on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 6th. Finally, Truist Financial lowered their price target on shares of SoFi Technologies from $28.00 to $21.00 and set a "hold" rating on the stock in a research report on Wednesday, February 18th. Seven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, SoFi Technologies presently has a consensus rating of "Hold" and an average target price of $26.34.

-   SoFi Proves the Bears Wrong Again With a Record Quarter

**Check Out Our Latest Report on SoFi Technologies**

## Insider Activity

In other SoFi Technologies news, EVP Kelli Keough sold 9,755 shares of SoFi Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $18.87, for a total transaction of $184,076.85. Following the transaction, the executive vice president directly owned 293,725 shares of the company's stock, valued at $5,542,590.75. The trade was a 3.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Robert S. Lavet bought 5,000 shares of the firm's stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the completion of the acquisition, the general counsel directly owned 17,172 shares in the company, valued at $361,298.88. The trade was a 41.08% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 214,753 shares of company stock valued at $5,045,087 in the last quarter. Insiders own 2.60% of the company's stock.

## SoFi Technologies Stock Performance

-   Plastic Surgery: Winners and Losers of the Proposed 10% Interest Cap

NASDAQ SOFI opened at $17.76 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The stock's fifty day moving average is $22.11 and its two-hundred day moving average is $25.65. The firm has a market capitalization of $22.65 billion, a P/E ratio of 46.74 and a beta of 2.20. SoFi Technologies, Inc. has a fifty-two week low of $8.60 and a fifty-two week high of $32.73.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. During the same period last year, the company earned $0.05 EPS. The company's revenue for the quarter was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. On average, research analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

## Key Stories Impacting SoFi Technologies

Here are the key news stories impacting SoFi Technologies this week:

-   Positive Sentiment: KBW flagged SoFi’s stablecoin partnership with Mastercard as a “significant development,” highlighting strategic fintech partnerships that could expand product reach and fees despite KBW’s current Underperform rating. KBW Highlights SoFi Technologies (SOFI) and Mastercard Stablecoin Deal
-   Positive Sentiment: Zacks highlights SoFi’s 2026 outlook that calls for improving margins as the company scales — a direct earnings driver that supports higher profitability per dollar of revenue. SOFI's 2026 Outlook Indicates Stronger Margins to Support Growth
-   Positive Sentiment: SoFi announced monthly distributions for its SoFi Enhanced Yield ETF (THTA), underscoring traction in its asset/ETF business and recurring-fee revenue potential. SoFi Announces Monthly Distributions on $THTA (10.00%)
-   Positive Sentiment: Several outlets (Yahoo/Zacks/Fool) reiterate the bullish case — digital banking demand, Galileo volume, refinancing tailwinds and positive EPS revisions — arguing the recent share weakness creates a longer-term opportunity. 2 Reasons We Love SoFi (SOFI)
-   Neutral Sentiment: Industry context: Upstart’s pursuit of a bank charter highlights why owning a deposit franchise (as SoFi has) can be a structural advantage — useful background but not new company-specific upside. Why Upstart’s Bank Charter Bet Could Change Everything (SOFI)
-   Neutral Sentiment: Price-action notes: routine market-coverage pieces report modest intraday gains versus broader weakness — short-term noise rather than a catalyst. SoFi Technologies, Inc. (SOFI) Advances While Market Declines
-   Negative Sentiment: Barchart and other coverage flag valuation concerns and the risk of dilutive capital raises — key downside risks that have pressured the stock after a multi-month decline. SoFi Stock Outlook: Can SoFi Technologies Recover After a 30% Drop?

## SoFi Technologies Profile

(Free Report)

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.

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**Want to see what other hedge funds are holding SOFI?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report).

_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._

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