SoFi Stock Is Down More Than 30% This Year. Its CEO Is Buying Anyway.
When a chief executive keeps buying his own falling stock, is that a signal worth following?
Overview
Shares of digital banking specialist SoFi Technologies (NASDAQ: SOFI) have had a rough 2026. As of this writing, the stock is down about a third year to date, sliding from about $26 at the end of 2025 to around $18.
But while many investors have been selling, the company's CEO has been doing the opposite. Anthony Noto has repeatedly stepped into the market to buy SoFi shares this year, most recently in mid-June.
Details
When a chief executive buys his own stock with his own money -- especially after a steep drop -- it tends to get investors' attention.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.