New York, Feb 8, 2026, 06:38 EST — The market has closed.
- SoFi shares snapped their losing streak on Friday, finishing the session 7.2% higher.
- SEC Form 4 filings show that two executives bought shares, with disclosures landing on Feb. 5 and Feb. 6.
- A director has put in a Form 144 notice for as many as 94,225 shares. Traders are also watching this week’s U.S. jobs and inflation numbers.
Shares of SoFi Technologies Inc jumped 7.2% Friday to close at $20.86, after filings showed two top executives bought company stock just before the week began. 1
This jump stands out, given the stock’s decline since reporting earnings. Despite Friday’s gain, SoFi still sits roughly 14% lower compared to where it closed on Jan. 29. 2
This week’s macro releases could swing rate expectations once more. For SoFi, profits hinge on lending and banking spreads—both vulnerable if funding costs shift or credit conditions deteriorate.
General Counsel Robert S. Lavet picked up 5,000 shares at $21.044 apiece on Feb. 6, according to a Form 4 filed with the U.S. Securities and Exchange Commission. The purchase—made via the Robert S. Lavet Trust—brings his total stake to 17,172 shares. The Form 4 is the document insiders use to report trading activity. 3
According to a Form 4 filing dated Feb. 5, Eric Schuppenhauer, executive vice president, picked up 5,000 shares at $19.93 apiece. Following the purchase, Schuppenhauer’s direct stake rose to roughly 228,768 shares. 4
But there’s nuance in the filings. Director Steven J. Freiberg signaled plans to unload as many as 94,225 shares through Fidelity Brokerage Services, according to a Form 144 notice of proposed sale; it’s a standard filing for intended sales under Rule 144, though the transaction isn’t guaranteed. 5
SoFi snapped back as U.S. equities surged Friday. The Dow broke above 50,000 for the first time, a milestone that coincided with traders moving back into risk following a volatile period. 6
The stock is climbing after some turbulence around earnings. SoFi turned in a higher fourth-quarter profit back in late January, boosted by plenty of loan activity and more from fee-based lines. CEO Anthony Noto noted personal loans might “fill the gap” if credit card lending dips. 7
Washington’s got the main dates now. The Labor Department has the January jobs report lined up for Wednesday, Feb. 11, with the CPI for January set to follow on Friday, Feb. 13—both releases drop at 8:30 a.m. ET. 8
Inflation comes in hot, or jobs figures slip—either can quickly shift the outlook for Federal Reserve moves. That’s critical for consumer lenders tied to rates, like SoFi, Upstart, and LendingClub. Every change feeds straight into their demand, funding costs, and credit assumptions.
Even so, insider buying doesn’t offer much to lean on. Should delinquencies tick up or markets begin to price in an extended period of elevated rates, those Friday rebounders could easily reverse course.
