Bullish
D.A. Davidson & Co. increases SoFi stake by 22.2%, now holding 267,848 shares
D.A. Davidson & Co. has raised its position in SoFi Technologies by 22.2%, acquiring an additional 48,682 shares in the first quarter, bringing its total holdings to 267,848 shares valued at approximately $4.25 million. Despite this increased investment, analyst sentiment remains cautious, with a consensus 'Hold' rating and an average price target of $22.78. Insider activity includes CEO Anthony Noto purchasing shares and CTO Jeremy Rishel selling shares under a Rule 10b5-1 plan to cover tax withholding. SoFi reported Q1 revenue of $1.09 billion, marking a 42.6% year-over-year increase.
Key points
- D.A. Davidson & Co. increases SoFi stake by 22.2%, now holding 267,848 shares
- Analyst consensus remains 'Hold' with an average price target of $22.78
- Insider activity includes CEO Anthony Noto purchasing shares and CTO Jeremy Rishel selling shares under a Rule 10b5-1 plan
- SoFi reports Q1 revenue of $1.09 billion, a 42.6% year-over-year increase
Sources
- D.A. Davidson & CO. Raises Stock Position in SoFi Technologies, Inc. $SOFIMarketBeat · July 19, 2026
- SoFi Technologies, Inc. (SOFI) Stock Sinks As Market Gains: Here's WhyZacks.com · July 15, 2026
- SoFi stock rises after-hours as CEO Noto buys shares amid short seller attackInvesting.com · March 17, 2026
- SoFi Technologies, Inc. $SOFI Shares Acquired by Vanguard Group Inc.MarketBeat · April 29, 2026
AI-generated from public news sources. Not financial advice.
