Hillsdale Investment Management Inc. Purchases 32,000 Shares of Affirm Holdings, Inc. $AFRM

Hillsdale Investment Management Inc. increased its position in Affirm Holdings, Inc. (NASDAQ:AFRM) by 222.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,400 shares of the company’s stock after acquiring an additional 32,000 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Affirm were worth $3,208,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GraniteShares Advisors LLC bought a new position in shares of Affirm in the second quarter worth about $554,000. Nordea Investment Management AB boosted its stake in Affirm by 121.7% during the 2nd quarter. Nordea Investment Management AB now owns 229,837 shares of the company’s stock valued at $15,882,000 after purchasing an additional 126,186 shares during the period. Toth Financial Advisory Corp acquired a new stake in Affirm in the 2nd quarter valued at approximately $705,000. Lecap Asset Management Ltd. grew its holdings in Affirm by 97.6% in the 2nd quarter. Lecap Asset Management Ltd. now owns 21,485 shares of the company’s stock valued at $1,485,000 after buying an additional 10,611 shares during the last quarter. Finally, Truist Financial Corp increased its position in Affirm by 236.6% in the 2nd quarter. Truist Financial Corp now owns 60,725 shares of the company’s stock worth $4,199,000 after buying an additional 42,686 shares during the period. Institutional investors and hedge funds own 69.29% of the company’s stock.

Insider Buying and Selling

In related news, 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 value of $1,395,000.00. Following the sale, the director owned 122,241 shares of the company’s stock, valued at $11,368,413. The trade was a 10.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Max R. Levchin sold 651,713 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $89.27, for a total value of $58,178,419.51. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,294,995 shares of company stock worth $111,293,203. Insiders own 11.01% of the company’s stock.

Affirm Trading Up 2.9%

Shares of AFRM stock opened at $64.38 on Friday. The firm has a fifty day moving average of $75.18 and a 200-day moving average of $69.84. The stock has a market cap of $21.25 billion, a price-to-earnings ratio of 96.09, a P/E/G ratio of 2.90 and a beta of 3.57. Affirm Holdings, Inc. has a 52-week low of $30.90 and a 52-week high of $100.00. 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 posted 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 business had revenue of $933.34 million for the quarter, compared to analysts’ expectations of $881.83 million. During the same quarter in the previous year, the firm posted ($0.31) earnings per share. The firm’s revenue for the quarter 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, equities research analysts forecast that Affirm Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AFRM has been the subject of several research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Affirm in a research report on Monday, November 17th. Wall Street Zen raised shares of Affirm from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Jefferies Financial Group raised their price target on shares of Affirm from $82.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. Royal Bank Of Canada cut their price objective on shares of Affirm from $97.00 to $87.00 and set a “sector perform” rating for the company in a research report on Friday, November 7th. Finally, Rothschild & Co Redburn upgraded shares of Affirm from a “neutral” rating to a “buy” rating and increased their target price for the company from $74.00 to $101.00 in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $86.57.

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.