20 Large-Cap Stocks Insiders and Short Sellers Are Dumping Like Crazy

3. SoFi Technologies, Inc. (NASDAQ:SOFI)

Short Float: 13.58%

Insider Transaction: -57.50%

With headquarters in California, SoFi Technologies, Inc. (NASDAQ:SOFI) operates a digital personal finance platform and offers student loan refinancing, mortgages, banking services, and investment products. In addition to fintech companies like Robinhood and Chime, SoFi Technologies, Inc. (NASDAQ:SOFI) competes with traditional banks and achieves a competitive advantage through its integrated ecosystem and national banking charter. The company’s strategy prioritizes cross-selling, user growth, and technology-driven lending. Targeting millennial and Gen Z demographics, it capitalizes on the shift toward mobile-first financial services.

As per the Q1 2025 report, oFi Technologies, Inc. (NASDAQ:SOFI) has achieved a record revenue of $771 million. However, the macroeconomic uncertainties combined with the potentially volatile interest rates could impact the company’s future growth progress. The 6% decline in the tech platform segment suggests that the company finds it challenging to retain its client base or acquire new clients. SoFi Technologies, Inc. (NASDAQ:SOFI) has plans to enter new areas, including Crypto and Blockchain. These business segments carry regulatory challenges and could potentially expose the company’s growth to risks.

SoFi Technologies, Inc. (NASDAQ:SOFI)’s short float has surged to 13.58%, a sign of declining investor confidence. Proportionately, the company’s insiders’ sales have increased by 57.50% in the past 6 months. With such a high internal retreat alongside a short positioning, confidence in FinTech’s narrative is waning. Hence, it is among the stocks that insiders and short sellers are dumping.