SOFI General Counsel Robert Lavet Sells $21K of Stock
General counsel Robert Lavet unloaded a small batch of shares as insider activity continues at SoFi Technologies.
Reviewed by automated data checks against the source filing. How we make and check alerts
Robert Lavet, General Counsel at SoFi Technologies, Inc. ($SOFI), sold 1,188 shares at an average price of $17.55, worth about $20,849.40, on June 18, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $SOFI is down 3.4% after 1 week, down 5.0% after 1 month and down 18.8% to date (from the $17.91 close on Jun 18, 2026).
Key Points
- SoFi Technologies general counsel Robert Lavet sold 1,188 shares of stock on June 18, 2026, at an average price of $17.55 for a total value of $20,849.40.
- The stock trades around $17.28, sitting right near its 50-day moving average of $17.22 while moving below its 200-day mark.
- Wall Street analysts currently maintain a consensus hold rating on the stock with a mean price target of $20.36.
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Robert Lavet Sells Shares of SOFi Technologies
SoFi Technologies, Inc. (NasdaqGS: SOFI) general counsel Robert Lavet parted with 1,188 shares of the company on June 18, 2026. The transaction took place at a price of $17.55 per share, bringing the total value of the sale to approximately $20,849.40. This sale follows a busy stretch of executive transactions at the digital financial services provider, which included prior sales by Lavet himself and other leaders.
Recent Insider Activity Across the Executive Team
The broader executive team at SoFi has seen a steady stream of Form 4 filings with the SEC. Lavet previously sold 14,914 shares on June 16, 2026, for a total of $262,635.54 at $17.61 per share. Other executives have also adjusted their holdings recently. EVP Kelli Keough sold 61,479 shares on June 16 for about $1.08 million after acquiring 127,868 shares on June 15. Chief Executive Officer Anthony Noto picked up 345,553 shares on June 15, and EVP Eric Schuppenhauer disposed of 6,493 shares on the same day.
Stock Performance and Valuation Levels
Shares of SoFi changed hands at $17.28 recently, reflecting how the equity behaves relative to its historical trading ranges. The stock has a 50-day moving average of $17.22 and a 200-day moving average of $18.49, with a 52-week low of $13.88 and a high of $32.73. The company holds a market capitalization near $19.49 billion and trades with a forward P/E ratio of 18.3.
Wall Street Analyst Views and Price Targets
Analyst sentiment toward SoFi remains varied as firms adjust their outlooks. StoneX initiated coverage on October 13, 2026, with a buy rating and a $25.00 price target. Earlier on October 6, TD Cowen maintained a hold rating while lowering its price target to $17.50 from $18.00. Loop Capital initiated a hold rating with a $22.00 target on September 9, while Scotiabank started coverage with a sector outperform rating and a $25.00 target on September 2. Overall, the stock holds a consensus hold recommendation with a mean price target of $20.36 from 23 analyst opinions.
Inside the Business Operations
SoFi Technologies operates a digital-first financial platform that serves customers across lending, technology solutions, and banking products. The company offers personal loans, student loan refinancing, and mortgages alongside checking and savings accounts through SoFi Money and mobile trading via SoFi Invest. It also provides core banking software and infrastructure services to other financial institutions through its Galileo and Technisys platforms.
What to Watch Next for Investors
Investors can look toward the company's next earnings report scheduled for October 27, 2026, for fresh details on revenue and profitability growth. Insiders will likely file additional reports if they continue adjusting their personal equity stakes. These filings only reflect past transactions and do not provide an indication of future stock direction.
Source: Robert Lavet's Form 4 filing on $SOFI (Jun 18, 2026). Find the original filing: SOFI Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
