Affirm Holdings, Inc. $AFRM Shares Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC raised its stake in Affirm Holdings, Inc. (NASDAQ:AFRM) by 43.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,010 shares of the company’s stock after purchasing an additional 7,540 shares during the quarter. Belpointe Asset Management LLC’s holdings in Affirm were worth $1,828,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AFRM. Norges Bank acquired a new position in Affirm in the 2nd quarter valued at $183,475,000. Atreides Management LP boosted its holdings in shares of Affirm by 543.3% in the second quarter. Atreides Management LP now owns 1,977,882 shares of the company’s stock valued at $136,751,000 after acquiring an additional 1,670,429 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Affirm by 4.0% during the second quarter. Vanguard Group Inc. now owns 24,195,810 shares of the company’s stock worth $1,672,898,000 after acquiring an additional 922,813 shares during the period. Foxhaven Asset Management LP raised its holdings in Affirm by 39.1% during the second quarter. Foxhaven Asset Management LP now owns 2,896,908 shares of the company’s stock worth $200,292,000 after purchasing an additional 814,951 shares in the last quarter. Finally, Durable Capital Partners LP lifted its position in Affirm by 12.3% in the second quarter. Durable Capital Partners LP now owns 7,389,337 shares of the company’s stock valued at $510,899,000 after purchasing an additional 808,455 shares during the period. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AFRM. Rothschild Redb upgraded Affirm from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Evercore ISI restated an “outperform” rating on shares of Affirm in a research note on Tuesday, December 16th. Redburn Partners set a $101.00 price objective on Affirm in a research report on Monday, October 6th. Cantor Fitzgerald assumed coverage on Affirm in a report on Monday. They issued an “overweight” rating and a $85.00 target price for the company. Finally, Morgan Stanley lowered their price target on shares of Affirm from $90.00 to $83.00 and set an “equal weight” rating on the stock in a research note on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $89.44.

Insider Activity at Affirm

In related news, CFO Robert O’hare sold 36,401 shares of the company’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 value of $2,912,080.00. Following the sale, the chief financial officer owned 1,368 shares of the company’s stock, valued at approximately $109,440. This represents a 96.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Max R. Levchin sold 666,666 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $80.62, for a total value of $53,746,612.92. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 711,256 shares of company stock valued at $57,231,923 over the last 90 days. Insiders own 11.01% of the company’s stock.

Affirm Stock Up 0.1%

Affirm stock opened at $68.79 on Wednesday. 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 market capitalization of $22.71 billion, a price-to-earnings ratio of 102.67, a price-to-earnings-growth ratio of 3.11 and a beta of 3.57. The stock’s fifty day moving average is $72.45 and its two-hundred day moving average is $74.59. The company has a debt-to-equity ratio of 2.40, a quick ratio of 12.80 and a current ratio of 12.80.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.11 by $0.12. Affirm had a net margin of 6.74% and a return on equity of 7.75%. The business had revenue of $933.34 million for the quarter, compared to analyst estimates of $881.83 million. During the same period in the previous year, the firm earned ($0.31) EPS. The business’s revenue for the quarter was up 33.6% compared to the same quarter last year. Analysts predict that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

More Affirm News

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Needham upgraded Affirm to a Buy following the company’s application for a bank charter, a move investors view as a potential step toward cheaper deposit funding and improved margins. Affirm raised to buy at Needham after bank charter application
• Positive Sentiment: Cantor Fitzgerald initiated coverage with an Overweight rating, which can attract fresh buy-side interest and provide incremental demand for the shares. Cantor Fitzgerald initiates coverage of Affirm Holdings (AFRM) with overweight recommendation
• Positive Sentiment: Bolt selected Affirm as the default BNPL provider across its one‑click checkout network in the U.S., expanding merchant distribution and potential GMV lift. Bolt Selects Affirm as Embedded Buy Now, Pay Later Partner Across Its One-Click Checkout Network
• Positive Sentiment: Affirm struck deals to bring BNPL to debit programs via Fiserv and related coverage, broadening reach into banks/credit unions and consumer debit flows — a distribution play that can increase transaction volume. Affirm and Fiserv Team to Bring BNPL to Debit Programs Fiserv and Affirm Join Forces to Bring Flexible Payments to Debit
• Positive Sentiment: Affirm is piloting BNPL for biweekly rent payments, expanding use cases beyond e‑commerce and adding potential recurring revenue streams. Affirm Is Expanding Buy Now, Pay Later Services for Rent Payments
• Positive Sentiment: Affirm is moving forward with plans for a banking subsidiary to enhance its financial services capabilities — the bank charter effort and related buildout are being framed as strategic enablers for scale. BNPL Fintech Affirm Advances Plans for Banking Subsidiary to Enhance Financial Services
• Neutral Sentiment: A Seeking Alpha piece reiterates a Buy stance based on GAAP profitability, strong GMV and engagement metrics (24.1M active consumers, rising transactions/user), but it also flags competitive and market skepticism — useful context but not an immediate catalyst. Affirm: Groceries On Credit? The Shift In BNPL And The Credit Market
• Neutral Sentiment: Reported short‑interest data for January appears inconsistent (zeros/NaN), suggesting a data anomaly rather than a meaningful change in bearish positioning; not a reliable signal today.
• Negative Sentiment: A Yahoo Finance valuation piece warns that recent share weakness and lofty earnings expectations leave AFRM exposed to downside if growth or margin improvements slow — a reminder that multiple expansion has driven much recent gains. Assessing Affirm Holdings (AFRM) Valuation After Recent Share Price Weakness And Lofty Earnings Expectations

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.