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.
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.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $510,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,949!*
Now, it’s worth noting Stock Advisor’s total average return is 929% — a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of March 19, 2026.
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.