SoFi's CEO Hit the "Buy Now" Button

Source The Motley Fool

Key Points

  • CEO Anthony Noto purchased shares at roughly $17.32, following a prior $1 million buy earlier this month.

  • SoFi achieved record Q4 revenue and reached its ninth consecutive quarter of GAAP profitability.

  • Muddy Waters said SoFi overstated profitability, but doesn't think the stock is going to zero.

  • 10 stocks we like better than SoFi Technologies ›

SoFi (NASDAQ: SOFI) was hit with a short report earlier this week, which sent the stock lower temporarily. But for long-term investors, the important thing to consider is how the company and its management reacted. CEO Anthony Noto bought shares on the open market within hours, and after digging through the details, it looks like short sellers themselves may have simply been making a short-term trade. In this video, I cover everything you need to know.

*Stock prices used were end-of-day prices of March 18, 2026. The video was published on March 19, 2026.

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Travis Hoium has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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