{
  "id": 9474444,
  "title": "SoFi CTO Jeremy Rishel sells $325,920 in stock",
  "url": "https://urgent.news/2026/09/24/sofi-cto-jeremy-rishel-sells-325-920-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T02:45:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/sofi-cto-jeremy-rishel-sells-325920-in-stock-93CH-4914383"
  },
  "original_language": "en",
  "account": "SoFi Technologies' CTO, Jeremy Rishel, divested $325,920 worth of the company's shares on September 21, 2026. He sold 18,624 shares at $17.5 per share, a price lower than the current $16.55 share value. SoFi is currently seen as overvalued by analysts, with 7 ProTips available to subscribers, including analyses on cash burn and volatility patterns. Rishel's sale was executed per his pre-adopted Rule 10b5-1 trading plan on June 9, 2026. After the transaction, he retained 912,650.443 shares in his ownership. SoFi recently made headlines by becoming the first national bank to use stablecoin settlement across Mastercard's global payments network. This move aims to transition their entire card program to blockchain-based settlement, with an annualized processing volume exceeding $25 billion using SoFiUSD, SoFi's stablecoin. Financial analysts have taken note, with Loop Capital initiating coverage with a Hold rating and a $22 price target. Scotiabank upgraded their rating to Sector Outperform with a $25 target, noting substantial growth in member and product numbers in Q2. Piper Sandler rated SoFi as overweight with a $22 target, highlighting growth in lending and debt consolidation sectors. Needham maintained a Buy rating and adjusted their price target to $24 based on robust second-quarter results. These events underscore the continuous interest and scrutiny surrounding SoFi's evolving business strategies and financial performance. The article was AI-assisted and reviewed by an editor.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}