Affirm Holdings, Inc. $AFRM Holdings Raised by SG Americas Securities LLC

SG Americas Securities LLC grew its stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 5,144.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 391,479 shares of the company’s stock after acquiring an additional 384,015 shares during the period. SG Americas Securities LLC’s holdings in Affirm were worth $27,067,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Foundations Investment Advisors LLC acquired a new stake in Affirm during the second quarter valued at $298,000. Omega Financial Group LLC raised its stake in shares of Affirm by 4.9% during the 2nd quarter. Omega Financial Group LLC now owns 114,630 shares of the company’s stock worth $7,926,000 after purchasing an additional 5,351 shares in the last quarter. Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Affirm by 8.3% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 102,102 shares of the company’s stock valued at $7,059,000 after buying an additional 7,793 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Affirm by 5.8% in the 2nd quarter. Geode Capital Management LLC now owns 4,659,287 shares of the company’s stock valued at $322,195,000 after buying an additional 254,359 shares in the last quarter. Finally, Vise Technologies Inc. acquired a new position in Affirm in the second quarter worth approximately $303,000. 69.29% of the stock is owned by institutional investors and hedge funds.

Affirm Stock Performance

NASDAQ:AFRM opened at $70.51 on Friday. The firm has a market capitalization of $23.27 billion, a PE ratio of 105.24, a PEG ratio of 3.29 and a beta of 3.57. Affirm Holdings, Inc. has a 1 year low of $30.90 and a 1 year high of $100.00. The company has a current ratio of 12.80, a quick ratio of 11.54 and a debt-to-equity ratio of 2.40. The firm’s fifty day simple moving average is $77.13 and its 200 day simple moving average is $69.21.

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

Analyst Upgrades and Downgrades

AFRM has been the subject of a number of analyst reports. Truist Financial reduced their target price on shares of Affirm from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Rothschild Redb raised shares of Affirm from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Rothschild & Co Redburn upgraded shares of Affirm from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $74.00 to $101.00 in a report on Monday, October 6th. UBS Group increased their target price on shares of Affirm from $56.00 to $85.00 and gave the stock a “neutral” rating in a research report on Friday, August 29th. Finally, The Goldman Sachs Group reduced their price target on Affirm from $105.00 to $94.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Affirm currently has an average rating of “Moderate Buy” and an average target price of $86.78.

Insider Transactions at Affirm

In other news, CFO Robert O’hare sold 31,423 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $83.30, for a total value of $2,617,535.90. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Christa S. Quarles sold 15,000 shares of the business’s stock in a transaction on 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 transaction, the director directly owned 122,241 shares in the company, valued at $11,368,413. This trade represents a 10.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,761,596 shares of company stock worth $148,662,354. Insiders own 11.01% of the company’s stock.

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.