Diversified Trust Co Sells 2,274 Shares of Affirm Holdings, Inc. $AFRM

Diversified Trust Co decreased its holdings in Affirm Holdings, Inc. (NASDAQ:AFRM) by 33.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,556 shares of the company’s stock after selling 2,274 shares during the quarter. Diversified Trust Co’s holdings in Affirm were worth $315,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio raised its holdings in Affirm by 5.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 89,047 shares of the company’s stock worth $5,423,000 after purchasing an additional 4,964 shares in the last quarter. Wealthedge Investment Advisors LLC purchased a new position in shares of Affirm during the fourth quarter valued at about $468,000. Wealth Enhancement Advisory Services LLC bought a new stake in Affirm during the 4th quarter valued at approximately $228,000. California State Teachers Retirement System boosted its position in Affirm by 1.0% during the 4th quarter. California State Teachers Retirement System now owns 226,593 shares of the company’s stock valued at $13,800,000 after acquiring an additional 2,286 shares in the last quarter. Finally, Versant Capital Management Inc boosted its position in Affirm by 19.6% during the 1st quarter. Versant Capital Management Inc now owns 4,074 shares of the company’s stock valued at $184,000 after acquiring an additional 669 shares in the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Stephens assumed coverage on Affirm in a research note on Thursday, June 12th. They issued an “equal weight” rating and a $69.00 target price for the company. JPMorgan Chase & Co. increased their price objective on Affirm from $91.00 to $94.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Rothschild & Co Redburn initiated coverage on Affirm in a report on Friday, August 1st. They issued a “neutral” rating and a $74.00 price objective for the company. Redburn Atlantic raised shares of Affirm to a “hold” rating in a research report on Friday, August 1st. Finally, Zacks Research downgraded shares of Affirm from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $80.04.

Insiders Place Their Bets

In related news, insider Katherine Adkins sold 59,267 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $75.02, for a total value of $4,446,210.34. Following the sale, the insider owned 113,400 shares in the company, valued at approximately $8,507,268. This trade represents a 34.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Siphelele Jiyane sold 25,533 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief accounting officer owned 226,467 shares in the company, valued at $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 1,922,210 shares of company stock worth $160,335,374 in the last quarter. Insiders own 11.82% of the company’s stock.

Affirm Price Performance

Shares of AFRM opened at $81.53 on Thursday. The firm has a 50 day moving average of $78.24 and a 200 day moving average of $61.65. The company has a quick ratio of 11.54, a current ratio of 11.54 and a debt-to-equity ratio of 2.55. Affirm Holdings, Inc. has a twelve month low of $30.90 and a twelve month high of $100.00. The company has a market capitalization of $26.55 billion, a P/E ratio of 627.20, a price-to-earnings-growth ratio of 5.37 and a beta of 3.64.

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

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.