Advisors Asset Management Inc. Boosts Holdings in Affirm Holdings, Inc. $AFRM

Advisors Asset Management Inc. boosted its holdings in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 33.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,383 shares of the company’s stock after purchasing an additional 593 shares during the period. Advisors Asset Management Inc.’s holdings in Affirm were worth $108,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its stake in Affirm by 2,800.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 46,084 shares of the company’s stock valued at $2,083,000 after purchasing an additional 44,495 shares during the period. Ameriprise Financial Inc. increased its stake in Affirm by 2.6% in the fourth quarter. Ameriprise Financial Inc. now owns 145,932 shares of the company’s stock valued at $8,887,000 after purchasing an additional 3,672 shares during the period. Spire Wealth Management acquired a new position in Affirm in the first quarter valued at $120,000. Deutsche Bank AG increased its stake in Affirm by 2.6% in the fourth quarter. Deutsche Bank AG now owns 32,400 shares of the company’s stock valued at $1,973,000 after purchasing an additional 817 shares during the period. Finally, BIT Capital GmbH acquired a new position in Affirm in the first quarter valued at $26,060,000. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Affirm Stock Up 2.1%

AFRM stock opened at $83.08 on Friday. The company has a market cap of $27.06 billion, a P/E ratio of 639.13, a P/E/G ratio of 5.29 and a beta of 3.64. Affirm Holdings, Inc. has a 52 week low of $30.90 and a 52 week high of $100.00. The company’s 50-day moving average price is $74.89 and its 200 day moving average price is $60.04. The company has a current ratio of 11.54, a quick ratio of 11.54 and a debt-to-equity ratio of 2.55.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, August 28th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The firm had revenue of $876.42 million for the quarter, compared to the consensus estimate of $834.94 million. Affirm had a net margin of 1.62% and a return on equity of 1.80%. The firm’s revenue was up 32.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.14) earnings per share. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research analysts expect that Affirm Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Truist Financial lifted their price objective on shares of Affirm from $72.00 to $95.00 and gave the company a “buy” rating in a research note on Friday. Susquehanna lifted their target price on shares of Affirm from $65.00 to $76.00 and gave the company a “positive” rating in a report on Wednesday, July 23rd. Redburn Atlantic raised shares of Affirm to a “hold” rating in a report on Friday, August 1st. Barclays lifted their target price on shares of Affirm from $67.00 to $80.00 and gave the company an “overweight” rating in a report on Monday, June 30th. Finally, Wall Street Zen downgraded shares of Affirm from a “buy” rating to a “hold” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.04.

Insider Activity

In related news, CEO Max R. Levchin sold 499,223 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $80.17, for a total transaction of $40,022,707.91. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Siphelele Jiyane sold 25,533 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $90.71, for a total transaction of $2,316,098.43. Following the sale, the chief accounting officer directly owned 226,467 shares in the company, valued at approximately $20,542,821.57. This represents a 10.13% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,260,497 shares of company stock valued at $101,241,354 in the last quarter. Insiders own 11.82% of the company’s stock.

Affirm Profile

Affirm Holdings, Inc operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months.