Toth Financial Advisory Corp Acquires Shares of 10,200 Affirm Holdings, Inc. $AFRM

Key Points

• Toth Financial Advisory Corp acquired 10,200 shares of Affirm Holdings, Inc. for approximately $705,000 during the second quarter, reflecting increased interest in the stock from institutional investors.
• Affirm's stock has seen a 2.5% increase and has a market capitalization of $30.02 billion, with a 52-week range from $30.90 to $100.00.
• The company reported a profit of $0.20 earnings per share, exceeding analyst estimates of $0.11, along with a 32.9% increase in revenue year-over-year.

Toth Financial Advisory Corp purchased a new stake in Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,200 shares of the company's stock, valued at approximately $705,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in Affirm by 63.7% during the first quarter. Allworth Financial LP now owns 563 shares of the company's stock worth $27,000 after purchasing an additional 219 shares during the last quarter. UMB Bank n.a. increased its stake in Affirm by 86.6% during the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company's stock valued at $39,000 after purchasing an additional 264 shares in the last quarter. SVB Wealth LLC purchased a new position in shares of Affirm in the first quarter worth approximately $47,000. Farther Finance Advisors LLC raised its position in shares of 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 buying an additional 175 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in Affirm by 3,637.8% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,383 shares of the company's stock valued at $62,000 after acquiring an additional 1,346 shares during the last quarter. Institutional investors and hedge funds own 69.29% of the company's stock.

Affirm Stock Performance

AFRM traded down $2.06 during trading on Monday, hitting $90.12. The company's stock had a trading volume of 6,953,552 shares, compared to its average volume of 10,513,807. The business's 50 day simple moving average is $77.62 and its 200-day simple moving average is $61.36. The firm has a market cap of $29.35 billion, a PE ratio of 693.28, a P/E/G ratio of 5.98 and a beta of 3.64. 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 one year low of $30.90 and a one year high of $100.00.

Affirm (NASDAQ:AFRM - Get Free Report) last issued 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. Affirm had a net margin of 1.62% and a return on equity of 1.80%. The firm had revenue of $876.42 million for the quarter, compared to the consensus estimate of $834.94 million. During the same quarter in the previous year, the firm earned ($0.14) EPS. The company's quarterly revenue was up 32.9% compared to the same quarter last year. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts predict that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Susquehanna lifted their price target on Affirm from $65.00 to $76.00 and gave the stock a "positive" rating in a report on Wednesday, July 23rd. Bank of America increased their target price on Affirm from $90.00 to $94.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Citigroup restated an "outperform" rating on shares of Affirm in a report on Friday, August 29th. UBS Group upped their price target on Affirm from $56.00 to $85.00 and gave the stock a "neutral" rating in a research note on Friday, August 29th. Finally, Rothschild & Co Redburn began coverage on Affirm in a report on Friday, August 1st. They issued a "neutral" rating and a $74.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $80.04.

Insiders Place Their Bets

In related news, CFO Robert O'hare sold 31,423 shares of Affirm stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total value of $2,617,535.90. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Siphelele Jiyane sold 12,500 shares of the business's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $85.42, for a total value of $1,067,750.00. Following the completion of the sale, the chief accounting officer directly owned 213,967 shares of the company's stock, valued at approximately $18,277,061.14. The trade was a 5.52% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,270,497 shares of company stock worth $102,156,954. 11.82% of the stock is owned by company insiders.

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.