Bogart Wealth LLC Buys 696 Shares of Affirm Holdings, Inc. $AFRM

Bogart Wealth LLC boosted its stake in Affirm Holdings, Inc. (NASDAQ:AFRM) by 134.6% during the second quarter, HoldingsChannel reports. The firm owned 1,213 shares of the company’s stock after buying an additional 696 shares during the period. Bogart Wealth LLC’s holdings in Affirm were worth $84,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP increased its holdings in shares of Affirm by 63.7% in the 1st quarter. Allworth Financial LP now owns 563 shares of the company’s stock worth $27,000 after buying an additional 219 shares during the last quarter. UMB Bank n.a. grew its position in Affirm by 86.6% in the second quarter. UMB Bank n.a. now owns 569 shares of the company’s stock worth $39,000 after acquiring an additional 264 shares in the last quarter. Sound Income Strategies LLC bought a new position in Affirm in the second quarter valued at $59,000. SVB Wealth LLC bought a new position in Affirm in the first quarter valued at $47,000. Finally, Farther Finance Advisors LLC raised its position in Affirm by 15.6% during the second quarter. Farther Finance Advisors LLC now owns 1,300 shares of the company’s stock valued at $90,000 after purchasing an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AFRM. Citigroup reiterated an “outperform” rating on shares of Affirm in a research report on Friday, August 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of Affirm in a research note on Wednesday, July 2nd. Zacks Research lowered Affirm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Evercore ISI restated an “outperform” rating on shares of Affirm in a report on Tuesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Affirm in a research note on Thursday, July 17th. They issued a “buy” rating and a $78.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $87.00.

Affirm Trading Up 3.3%

AFRM opened at $74.49 on Wednesday. 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 52 week low of $30.90 and a 52 week high of $100.00. The stock has a market cap of $24.26 billion, a PE ratio of 573.04, a PEG ratio of 4.64 and a beta of 3.58. The business has a 50 day moving average of $79.72 and a 200-day moving average of $65.38.

Affirm (NASDAQ:AFRM) last posted its quarterly earnings data on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The business had revenue of $876.42 million during 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 firm’s quarterly revenue was up 32.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.14) earnings per share. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities research analysts predict that Affirm Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Affirm news, COO Michael Linford sold 184,200 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $80.09, for a total transaction of $14,752,578.00. Following the completion of the transaction, the chief operating officer owned 109,840 shares of the company’s stock, valued at approximately $8,797,085.60. This trade represents a 62.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Katherine Adkins sold 59,267 shares of the firm’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $75.02, for a total transaction of $4,446,210.34. Following the sale, the insider owned 113,400 shares of the company’s stock, valued at approximately $8,507,268. This represents a 34.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,844,552 shares of company stock worth $154,885,240 over the last 90 days. Corporate insiders own 11.82% 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.