Acadian Asset Management LLC Grows Holdings in Affirm Holdings, Inc. $AFRM

Acadian Asset Management LLC grew its stake in Affirm Holdings, Inc. (NASDAQ:AFRM) by 1,015.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,868 shares of the company’s stock after buying an additional 39,025 shares during the period. Acadian Asset Management LLC’s holdings in Affirm were worth $1,932,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AFRM. Ameriprise Financial Inc. grew its stake in Affirm by 2.6% in the 4th quarter. Ameriprise Financial Inc. now owns 145,932 shares of the company’s stock worth $8,887,000 after buying an additional 3,672 shares in the last quarter. Captrust Financial Advisors purchased a new position in Affirm in the 4th quarter worth approximately $240,000. Deutsche Bank AG grew its stake in Affirm by 2.6% in the 4th quarter. Deutsche Bank AG now owns 32,400 shares of the company’s stock worth $1,973,000 after buying an additional 817 shares in the last quarter. Lazard Asset Management LLC grew its stake in Affirm by 20.6% in the 4th quarter. Lazard Asset Management LLC now owns 8,420 shares of the company’s stock worth $511,000 after buying an additional 1,436 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its stake in Affirm by 2.7% in the 4th quarter. Nuveen Asset Management LLC now owns 610,896 shares of the company’s stock worth $37,204,000 after buying an additional 15,775 shares in the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Insider Buying and Selling at Affirm

In other news, CFO Robert O’hare sold 31,423 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $83.30, for a total value of $2,617,535.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christa S. Quarles sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $93.00, for a total transaction of $1,395,000.00. Following the completion of the sale, the director directly owned 122,241 shares of the company’s stock, valued at approximately $11,368,413. This represents a 10.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,270,497 shares of company stock worth $102,156,954 over the last ninety days. 11.82% of the stock is owned by company insiders.

Affirm Trading Up 0.6%

Shares of AFRM opened at $89.96 on Wednesday. The stock has a market capitalization of $29.30 billion, a P/E ratio of 692.05, a PEG ratio of 5.81 and a beta of 3.64. The company has a quick ratio of 11.54, a current ratio of 11.54 and a debt-to-equity ratio of 2.55. The firm has a fifty day simple moving average of $75.69 and a two-hundred day simple moving average of $60.38. Affirm Holdings, Inc. has a twelve month low of $30.90 and a twelve month high of $100.00.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on AFRM shares. Rothschild & Co Redburn started coverage on shares of Affirm in a research note on Friday, August 1st. They issued a “neutral” rating and a $74.00 price target for the company. Citigroup reaffirmed an “outperform” rating on shares of Affirm in a report on Friday, August 29th. BTIG Research lowered shares of Affirm from a “buy” rating to a “neutral” rating in a report on Monday, July 14th. Susquehanna increased 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. Finally, JMP Securities increased their target price on shares of Affirm from $75.00 to $105.00 and gave the company a “market outperform” rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, Affirm has an average rating of “Moderate Buy” and a consensus target price of $80.04.

About Affirm

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.