Shares of SoFi Technologies fell to $15.78 during today's afternoon trading session. Despite the -4.0% change, the Large-Cap Diversified Financial company still trades 18.7% above its average analyst target price of $13.29. So there may be further downside for the Diversified Financial stock. SoFi Technologies has target prices ranging from $5.0 to $20.0 per share, and its average rating is hold.
SoFi Technologies has an elevated short interest of 12.5%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 2.85. The company's insiders own 3.34% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. SoFi Technologies's rate of institutional ownership is 43.4%, which indicates a decent level of confidence in the stock. Based on these factors, Market Inference considers SoFi Technologies to be the target of mixed market sentiment.
Institutions Invested in SoFi Technologies
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2024-09-30 | Vanguard Group Inc | 8% | 89,438,166 | $1,411,334,235 |
2024-09-30 | Blackrock Inc. | 4% | 45,438,167 | $717,014,263 |
2024-09-30 | Silver Lake Group, LLC | 3% | 31,154,165 | $491,612,715 |
2024-09-30 | Dimensional Fund Advisors LP | 2% | 24,716,612 | $390,028,130 |
2024-09-30 | State Street Corporation | 2% | 18,062,855 | $285,031,847 |
2024-09-30 | Geode Capital Management, LLC | 2% | 17,619,084 | $278,029,140 |
2024-06-30 | Norges Bank Investment Management | 1% | 13,952,298 | $220,167,258 |
2024-09-30 | ARK Investment Management, LLC | 1% | 12,612,563 | $199,026,240 |
2024-09-30 | Morgan Stanley | 1% | 11,932,601 | $188,296,440 |
2024-09-30 | Renaissance Technologies, LLC | 1% | 11,390,900 | $179,748,398 |