TLDR
- SoFi shares climbed 7% Friday after General Counsel Robert S. Lavet and EVP Eric Schuppenhauer each bought 5,000 shares worth over $200,000 combined
- The fintech company beat Q4 expectations with $0.13 EPS versus $0.11 forecast and $1.03 billion revenue versus $973.43 million expected
- Citizens upgraded SoFi to Market Outperform with a $30 price target, citing 44% upside potential from current trading levels
- JPMorgan raised its rating to Buy from Hold with a $31 target, highlighting strong member growth and improved execution
- Corporate insiders have accumulated $204,800 in stock purchases over the past three months according to regulatory filings
SoFi Technologies shares rose more than 7% Friday after company executives made sizable stock purchases. The buying came on the heels of quarterly earnings that topped Wall Street forecasts across key metrics.
General Counsel Robert S. Lavet purchased 5,000 shares on February 6 for about $105,200. EVP Eric Schuppenhauer bought 5,000 shares one day earlier for approximately $99,650. The regulatory filings revealed both executives adding to positions after the stock retreated from recent peaks.
The timing raised eyebrows on Wall Street. SoFi had just reported fourth-quarter earnings per share of $0.13, crushing the $0.11 consensus. Revenue reached $1.03 billion for the period, beating analyst projections of $973.43 million.
The results marked continued momentum for the digital banking platform. Revenue has grown 35.6% over the trailing twelve months as the company scales its operations.
Wall Street Raises Price Targets
Citizens initiated coverage Sunday with a Market Outperform rating and $30 price target. That implies roughly 44% upside from current levels around $20.86. The firm blamed recent weakness on broader market rotation away from growth names.
The stock has declined about 20% year-to-date after touching highs above $30 in late 2025. Citizens sees the pullback as a buying opportunity rather than a fundamental shift.
JPMorgan upgraded shares to Buy from Hold with a $31 price target. Analysts praised the company’s execution and noted steady expansion in members and deposits. The bank observed that SoFi keeps attracting customers while peer fintech firms face headwinds.
Mizuho stuck with its Outperform rating and $38 target. The firm told clients to buy the dip following the post-earnings weakness. Needham trimmed its target to $33 from $36 but maintained a Buy rating based on core lending strength.
Management Shows Conviction
The latest executive purchases fit a pattern of insider accumulation. Corporate insiders have bought $204,800 in stock over the previous three months per SEC filings.
Insider transactions don’t predict future returns. But they signal that company leaders view shares as undervalued at prevailing prices. These are real dollars that executives are committing.
Citizens pointed to SoFi’s evolution toward higher-margin fee-based revenue. The firm also highlighted potential in blockchain technology, artificial intelligence applications, business banking expansion, and new loan platform rollouts.
Shares have traded in a wide range between $8.60 and $32.73 over the past year. Current prices sit roughly in the middle of that band after the recent correction.
The company keeps growing its user base while expanding product offerings. Management is monetizing the platform through cross-selling and new revenue streams. Strong quarterly numbers, Wall Street upgrades, and insider buying combined to lift shares this week.
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