Who owns Sofi stock? (2024)

Who owns Sofi stock?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Silver Lake Group, L.L.C., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, ARK Investment Management LLC, State Street Corp, Geode Capital Management, Llc, Two Sigma Investments, Lp, ...

Who owns most of SoFi stock?

According to the latest TipRanks data, approximately 40.11% of SoFi Technologies (SOFI) stock is held by retail investors. Who owns the most shares of SoFi Technologies (SOFI)? Vanguard owns the most shares of SoFi Technologies (SOFI).

How many shares of SoFi does Vanguard own?

2024-02-13 - Vanguard Group Inc has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 81,459,501 shares of SoFi Technologies, Inc. (US:SOFI). This represents 8.5 percent ownership of the company.

Should I buy or sell SoFi stock?

Is SoFi Technologies stock a Buy, Sell or Hold? SoFi Technologies stock has received a consensus rating of hold. The average rating score is and is based on 25 buy ratings, 29 hold ratings, and 9 sell ratings.

Is SoFi considered a penny stock?

The housing market is struggling due to rising interest rates, which affected the company's loan book. After losing 71.3% over the past year, SOFI is now a penny stock. It is currently trading 72.7% below its 52-week high of $16.47, which it hit on January 20, 2022.

Who is SoFi backed by?

SoFi offers a high-yield checking/savings account with no fees that is backed by the FDIC. Their cash management (checking) accounts and investment platform include brokerage and robo-advisor services.

Who is behind SoFi?

The SoFi Story

Social Finance, Inc is founded by Stanford business school students—originally using an alumni-funded lending model to connect recent grads with alumni in their community.

Who are the major investors in SoFi?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Silver Lake Group, L.L.C., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, ARK Investment Management LLC, State Street Corp, Geode Capital Management, Llc, Two Sigma Investments, Lp, ...

Is SoFi stock expected to go up?

Stock Price Forecast

The 20 analysts with 12-month price forecasts for SoFi Technologies stock have an average target of 8.90, with a low estimate of 3.00 and a high estimate of 14. The average target predicts an increase of 25.18% from the current stock price of 7.11.

Which is better SoFi or Vanguard?

Is Vanguard better than SoFi Invest? After testing 18 of the best online brokers, our analysis finds that Vanguard (80.3%) is better than SoFi Invest (73.7%). Vanguard is aimed squarely at buy-and-hold investors, and its platform reflects that focus.

What are the drawbacks to SoFi?

Though the SoFi Checking and Savings account offers numerous advantages, there are some disadvantages to consider, such as foreign transaction fees, limited overdraft protection and a lack of bank branches.

Is SoFi still a good buy?

SoFi Technologies (SOFI 1.97%) hasn't fully benefited from the favorable market environment that's seeing some stocks hit fresh records. Yes, shares soared 116% in 2023. But they still remain 71% below their all-time high. That's partly due to a significant loss so far this year.

Is SoFi safe to invest in?

SoFi Automated Investing is operated through SoFi Wealth LLC, but it uses the SoFi Securities platform. 5 SoFi Securities is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). This protects accounts up to $500,000 including $250,000 for cash.

What will happen to SoFi?

SoFi's 2023 net revenue was $2.1 billion, up 35% from the previous year. Management forecasts 20% to 25% compound annual growth through 2026 "assuming no meaningful change in the macro environment."

What is a good penny stock to invest in?

Does Robinhood use SoFi?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell SOFI and other ETFs, options, and stocks.

Is SoFi a Chinese company?

Respondent SoFi Lending Corp., also doing business as SoFi, is a California corporation with its principal office or place of business at 375 Healdsburg Avenue, Suite 280, Healdsburg, CA 95448. SoFi Lending Corp. is a wholly owned subsidiary of Respondent Social Finance, Inc.

Is SoFi a strong company?

SoFi reported excellent Q4 results with continued growth and newfound profitability. Revenue increased 35% year over year, and SoFi reported its first generally accepted accounting principles (GAAP) profit, as promised. Net income came in at $48 million, or $0.02 per share, after a $0.05 loss last year.

Has SoFi ever made a profit?

Net income came in at $47.9 million, while revenue grew 34% from the prior-year quarter to a record $594.25 million. Breaking through a significant milestone, SoFi turned a profit in the final quarter of 2023, which has been awaited for quite some time.

What did SoFi used to be called?

SoFi stands for Social Finance Inc., the company's original name at the time of its founding.

What is the SoFi bank controversy?

SoFi's stock has declined by approximately 80 percent since its peak. This latest series of SoFi abuses comes on the heels of a clumsy lawsuit filed by the FinTech giant earlier this month aimed at forcing millions of student loan borrowers back into repayment.

What is so special about SoFi?

SoFi is an FDIC insured, nationally chartered bank that offers SoFi Checking and Savings. SoFi became a bank in order to bring you the best features, including a simple, market-leading interest rate of 4.60% APY across both SoFi Checking and Savings accounts (requires an active direct deposit).

Is SoFi privately owned?

SoFi Technologies, Inc became a publicly traded organization on June 1, 2021. Shares of Class A common stock are publicly available for trading on the Nasdaq Global Market (Nasdaq).

Where does SoFi invest their money?

SoFi Invest offers a wide range of investing tools from traditional stocks to ETFs to robo-investing, access to IPOs, and now will include mutual funds, money market funds, and alternatives funds across a broad range of categories including commodities, currency alternatives, and venture capital.

How many people use SoFi?

Member and Product Growth

SoFi achieved strong year-over-year growth in both members and products in the fourth quarter and full-year 2023. New member additions of nearly 585,000 in the quarter brought total members to over 7.5 million by year end, up over 2.3 million, or 44%, from the prior year end.