GatePass Capital LLC reduced its stake in SoFi Technologies by 18.3% during the third quarter, disposing of 22,476 shares and ending the period with 100,045 shares. This holding represented 1.5% of GatePass’s total portfolio and was its 14th largest position. The remaining shares were valued at $2.64 million as of the most recent SEC filing, signaling a strategic shift by the institutional investor away from the fintech lender.

Other institutional players also adjusted their SoFi stakes in the same period. Salomon & Ludwin initiated a new position of 1,070 shares, while SJS Investment Consulting boosted its holdings by 840.3% to 1,119 shares. ORG Partners increased its position by 230.6% to 1,438 shares, Bartlett & Co. Wealth Management added 469 shares (a 46.9% rise), and Bfsg LLC purchased an additional 1,000 shares, tripling its stake. Overall, institutional ownership of SoFi stands at 38.43%, reflecting both renewed confidence from smaller funds and selective profit-taking by larger ones.

In late 2023, key executives sold a combined 167,813 shares, totaling approximately $4.4 million in transactions. CEO Arun Pinto exited 46,132 shares (a 25% reduction), while CTO Jeremy Rishel offloaded 91,837 shares, trimming his position by 10.4%. These insider dispositions drove corporate insider ownership down to 2.6%, highlighting management’s growing diversification of personal holdings.

SoFi reported third-quarter revenue of $949.6 million, a 37.7% year-over-year increase, and EPS of $0.11, beating consensus by $0.02. The company’s net margin reached 19.3% with ROE of 5.1%. For fiscal 2025, SoFi set EPS guidance at $0.37. Among 23 analyst ratings compiled by MarketBeat, one gave a Strong Buy, six assigned a Buy, thirteen rated Hold and three issued Sell opinions, resulting in an average Hold consensus and a target of $25.50.