Robert Lavet Sells Shares of SoFi Technologies
SoFi's General Counsel, Robert Lavet, sold 1,188 shares on June 18, 2026.
Key Points
- Robert Lavet, SoFi's General Counsel, sold 1,188 shares at $17.55 each on June 18, 2026.
- SoFi Technologies, Inc. has a market cap of $22.97 billion and a P/E ratio of 39.8.
- Analysts have set a mean price target of $20.9 for SoFi, with a consensus rating of 'hold'.
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Robert Lavet, General Counsel at SoFi Technologies, Inc. (NasdaqGS: SOFI), sold 1,188 shares of the company on June 18, 2026. The shares were sold at an average price of $17.55, amounting to a total transaction value of $20,849.40. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at SoFi Technologies, Inc.
On June 18, 2026, Robert Lavet, SoFi's General Counsel, sold 1,188 shares at $17.55 each, totaling $20,849.40. Earlier, on June 17, 2026, he was involved in multiple transactions, including buying and selling 2,823 shares. Jeremy Rishel, the Chief Technology Officer, sold 102,123 shares at $17.78 on June 17, 2026, under a pre-arranged plan.
SoFi Technologies, Inc. Stock Down 4.3%
Shares of SoFi Technologies, Inc. traded near $17.28 on Tuesday. The company has a market capitalization of approximately $22.97 billion and a P/E ratio of 39.8. Its forward P/E is 21.9, and it has a beta of 2.152, indicating higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from $14.64 to $32.73. The 50-day moving average is $16.94, while the 200-day moving average is $22.70.
$SOFI stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On May 12, 2026, Truist Securities maintained its 'hold' rating on SoFi Technologies, setting a price target of $17. Citigroup continued to rate the stock as a 'buy' with a target of $30 on May 4, 2026. UBS and TD Cowen both maintained their 'hold' ratings with targets of $21 and $18, respectively, on April 30, 2026. The consensus among 20 analysts is a 'hold', with a mean target price of $20.9.
About SoFi Technologies
SoFi Technologies, Inc. is a financial services company based in San Francisco, California. It offers a range of services, including lending, investing, and personal finance management. Through its platforms, SoFi provides personal loans, home loans, and student loans, as well as investment and insurance products. The company operates in various regions, including the United States, Latin America, Canada, and Hong Kong, and employs around 6,100 people under the leadership of CEO Anthony J. Noto.
Bottom Line
Robert Lavet's recent sale of shares in SoFi Technologies highlights insider activity within the company. Investors often track such transactions for potential insights, although they are not necessarily indicative of future stock performance. SoFi's current market position and analyst ratings suggest a mixed outlook, with a consensus 'hold' recommendation. As a reminder, insider transactions are typically disclosed after they occur, providing a backward-looking view of insider sentiment.
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