Atria Investments Inc Purchases New Stake in Affirm Holdings, Inc. $AFRM

Atria Investments Inc purchased a new stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,840 shares of the company’s stock, valued at approximately $265,000.

A number of other large investors have also recently made changes to their positions in AFRM. Price T Rowe Associates Inc. MD increased its position in shares of Affirm by 140.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,544,132 shares of the company’s stock worth $205,350,000 after acquiring an additional 2,657,074 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Affirm by 6.7% in the first quarter. Vanguard Group Inc. now owns 23,272,997 shares of the company’s stock worth $1,051,707,000 after purchasing an additional 1,457,434 shares during the last quarter. Lord Abbett & CO. LLC raised its stake in shares of Affirm by 1,137.5% in the first quarter. Lord Abbett & CO. LLC now owns 1,282,663 shares of the company’s stock worth $57,964,000 after purchasing an additional 1,179,016 shares during the last quarter. Durable Capital Partners LP lifted its holdings in shares of Affirm by 12.3% in the first quarter. Durable Capital Partners LP now owns 6,580,882 shares of the company’s stock valued at $297,390,000 after purchasing an additional 722,599 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of Affirm during the first quarter valued at approximately $27,061,000. 69.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Affirm news, CEO Max R. Levchin sold 651,713 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $89.27, for a total transaction of $58,178,419.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Katherine Adkins sold 36,878 shares of the business’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $95.00, for a total value of $3,503,410.00. Following the completion of the sale, the insider owned 113,400 shares in the company, valued at approximately $10,773,000. The trade was a 24.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,761,596 shares of company stock valued at $148,662,354 in the last quarter. 11.01% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Bank of America increased their price target on Affirm from $94.00 to $98.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Royal Bank Of Canada reduced their target price on shares of Affirm from $97.00 to $87.00 and set a “sector perform” rating for the company in a research note on Friday, November 7th. Wells Fargo & Company initiated coverage on shares of Affirm in a research report on Tuesday, October 21st. They set an “overweight” rating and a $89.00 price target on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Affirm in a report on Thursday, July 17th. They set a “buy” rating and a $78.00 price target on the stock. Finally, Rothschild Redb upgraded shares of Affirm from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.78.

Affirm Price Performance

AFRM opened at $78.95 on Thursday. Affirm Holdings, Inc. has a fifty-two week low of $30.90 and a fifty-two week high of $100.00. The firm has a 50-day moving average of $77.79 and a 200 day moving average of $69.03. The company has a debt-to-equity ratio of 2.40, a quick ratio of 11.54 and a current ratio of 12.80. The firm has a market cap of $25.71 billion, a P/E ratio of 117.84, a PEG ratio of 3.87 and a beta of 3.57.

Affirm (NASDAQ:AFRM) last released its earnings results on Thursday, November 6th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.12. Affirm had a net margin of 6.74% and a return on equity of 7.75%. The firm had revenue of $933.34 million for the quarter, compared to analysts’ expectations of $881.83 million. During the same period in the previous year, the company earned ($0.31) earnings per share. The company’s quarterly revenue was up 33.6% on a year-over-year basis. Affirm has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts expect that Affirm Holdings, Inc. will post -0.18 EPS for the current 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.