Allianz Asset Management GmbH Has $18.04 Million Holdings in Affirm Holdings, Inc. $AFRM

Allianz Asset Management GmbH raised its stake in Affirm Holdings, Inc. (NASDAQ:AFRM) by 127.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 246,860 shares of the company’s stock after buying an additional 138,547 shares during the quarter. Allianz Asset Management GmbH owned 0.08% of Affirm worth $18,041,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Huntington National Bank boosted its stake in Affirm by 634.0% during the 2nd quarter. Huntington National Bank now owns 389 shares of the company’s stock worth $27,000 after acquiring an additional 336 shares during the last quarter. Mather Group LLC. bought a new position in shares of Affirm during the 3rd quarter worth approximately $29,000. SouthState Corp raised its holdings in shares of Affirm by 190.5% in the second quarter. SouthState Corp now owns 427 shares of the company’s stock valued at $30,000 after purchasing an additional 280 shares during the last quarter. Blume Capital Management Inc. lifted its position in shares of Affirm by 468.8% in the second quarter. Blume Capital Management Inc. now owns 455 shares of the company’s stock worth $31,000 after purchasing an additional 375 shares in the last quarter. Finally, Quent Capital LLC bought a new stake in shares of Affirm in the third quarter worth $43,000. 69.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Oppenheimer dropped their target price on Affirm from $95.00 to $83.00 and set an “outperform” rating on the stock in a report on Friday. TD Cowen reaffirmed a “buy” rating on shares of Affirm in a research report on Friday. Wall Street Zen downgraded shares of Affirm from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. BTIG Research restated a “neutral” rating on shares of Affirm in a report on Wednesday, December 17th. Finally, The Goldman Sachs Group set a $83.00 price objective on Affirm in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Affirm currently has an average rating of “Moderate Buy” and an average price target of $87.21.

Insider Activity

In related news, CEO Max R. Levchin sold 666,666 shares of Affirm stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $80.62, for a total transaction of $53,746,612.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Robert O’hare sold 36,401 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $80.00, for a total transaction of $2,912,080.00. Following the sale, the chief financial officer directly owned 1,368 shares in the company, valued at $109,440. The trade was a 96.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 711,256 shares of company stock valued at $57,231,923 over the last quarter. Corporate insiders own 11.01% of the company’s stock.

Affirm Stock Performance

NASDAQ AFRM opened at $57.03 on Friday. The firm’s 50 day simple moving average is $71.53 and its 200 day simple moving average is $74.23. The firm has a market capitalization of $18.82 billion, a price-to-earnings ratio of 70.41, a P/E/G ratio of 2.53 and a beta of 3.56. The company has a current ratio of 12.80, a quick ratio of 12.80 and a debt-to-equity ratio of 2.40. Affirm Holdings, Inc. has a 1 year low of $30.90 and a 1 year high of $100.00.

Affirm (NASDAQ:AFRM) last released its earnings results on Thursday, February 5th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.09. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Affirm had a return on equity of 9.16% and a net margin of 7.60%.The company’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 earnings per share. As a group, research analysts expect that Affirm Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.

More Affirm News

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Q2 results beat consensus — Affirm reported an EPS beat and revenue growth with GMV up ~36% year-over-year, underscoring healthy transaction and merchant momentum. Affirm Q2 earnings beat (MarketBeat)
• Positive Sentiment: Customer and merchant metrics improving — active consumers and transactions per user rose, supporting repeat-use traction for Affirm’s BNPL offerings. Affirm BNPL volumes jump (PYMNTS)
• Positive Sentiment: New partnership expands reach — Affirm signed a deal with Virgin Media O2 to offer device financing in the U.K., which should broaden merchant distribution and product adoption. Affirm and Virgin Media O2 partnership (BusinessWire)
• Positive Sentiment: Some analyst support remains — Morgan Stanley recently upgraded the stock to Overweight, reflecting buy‑side interest despite mixed signals. Morgan Stanley upgrade (AmericanBankingNews)
• Neutral Sentiment: Guidance roughly in line — Affirm updated fiscal revenue targets that were generally in line with expectations, leaving less new directional information for investors. Q2 results and investor presentation (Affirm IR)
• Neutral Sentiment: Short-interest data shows no meaningful change — the reported short interest figures are effectively unchanged and do not appear to be driving today’s move.
• Negative Sentiment: Credit metrics deteriorated — Affirm increased loan-loss provisions and noted higher installment loan delinquency rates, which raised concerns about credit quality and pressured the stock. Earnings beat highlights growth and credit concerns (MarketBeat)
• Negative Sentiment: Analysts trimmed price targets — several firms (JPMorgan, Stephens, RBC) lowered targets this morning, signaling more cautious near‑term expectations and adding selling pressure. Analyst price-target changes (Benzinga / MarketScreener)

Affirm Company Profile

Affirm Holdings, Inc is a financial technology company that provides point-of-sale consumer lending and payments solutions for online and in-store purchases. Its core product is a buy-now-pay-later (BNPL) platform that enables consumers to split purchases into fixed, transparent installment loans with no hidden fees. Affirm offers a range of financing options through merchant integrations, a consumer-facing mobile app and virtual card capabilities, and tools for merchants to offer alternative payment methods at checkout.