10,950 Shares in Affirm Holdings, Inc. $AFRM Acquired by Ameliora Wealth Management Ltd.

Key Points

• Ameliora Wealth Management Ltd. acquired 10,950 shares of Affirm Holdings, valued at approximately $757,000, during the 2nd quarter.
• Affirm's shares have received positive price target adjustments from several brokerages, with JPMorgan Chase & Co. raising their target from $91.00 to $94.00 and setting an "overweight" rating.
• Insider selling has been significant, with CEO Max R. Levchin selling 651,713 shares for nearly $58.2 million, indicating a potential concern regarding insider confidence.

Ameliora Wealth Management Ltd. purchased a new position in Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,950 shares of the company's stock, valued at approximately $757,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of AFRM. Farther Finance Advisors LLC lifted its stake in Affirm by 15.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,300 shares of the company's stock valued at $90,000 after acquiring an additional 175 shares in the last quarter. KLP Kapitalforvaltning AS grew its stake in shares of Affirm by 0.4% in the 1st quarter. KLP Kapitalforvaltning AS now owns 49,100 shares of the company's stock worth $2,219,000 after acquiring an additional 200 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Affirm by 63.7% in the first quarter. Allworth Financial LP now owns 563 shares of the company's stock valued at $27,000 after purchasing an additional 219 shares during the last quarter. Sei Investments Co. lifted its position in shares of Affirm by 0.6% during the first quarter. Sei Investments Co. now owns 41,066 shares of the company's stock valued at $1,856,000 after purchasing an additional 226 shares in the last quarter. Finally, HB Wealth Management LLC boosted its holdings in Affirm by 2.2% during the first quarter. HB Wealth Management LLC now owns 11,471 shares of the company's stock worth $518,000 after purchasing an additional 252 shares during the last quarter. Institutional investors own 69.29% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AFRM. Morgan Stanley set a $90.00 price objective on shares of Affirm in a research report on Friday, August 29th. Barclays boosted their target price on Affirm from $67.00 to $80.00 and gave the stock an "overweight" rating in a research note on Monday, June 30th. JPMorgan Chase & Co. increased their price target on Affirm from $91.00 to $94.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. UBS Group lifted their price target on Affirm from $56.00 to $85.00 and gave the stock a "neutral" rating in a report on Friday, August 29th. Finally, Redburn Partners set a $101.00 price objective on Affirm in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $82.04.

Insider Buying and Selling at Affirm

In other Affirm news, insider Katherine Adkins sold 36,878 shares of the stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $95.00, for a total transaction of $3,503,410.00. Following the completion of the transaction, the insider owned 113,400 shares in the company, valued at $10,773,000. This trade represents a 24.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Max R. Levchin sold 651,713 shares of Affirm stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $89.27, for a total transaction of $58,178,419.51. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,844,552 shares of company stock valued at $154,885,240. Insiders own 11.82% of the company's stock.

Affirm Price Performance

Shares of NASDAQ AFRM opened at $75.86 on Tuesday. The company has a current ratio of 11.54, a quick ratio of 11.54 and a debt-to-equity ratio of 2.55. The stock has a fifty day simple moving average of $79.63 and a two-hundred day simple moving average of $63.42. Affirm Holdings, Inc. has a 1-year low of $30.90 and a 1-year high of $100.00. The firm has a market cap of $24.70 billion, a price-to-earnings ratio of 583.58, a price-to-earnings-growth ratio of 4.86 and a beta of 3.58.

Affirm (NASDAQ:AFRM - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.09. The firm had revenue of $876.42 million for the quarter, compared to analyst estimates of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The business's revenue was up 32.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.14) earnings per share. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts anticipate that Affirm Holdings, Inc. will post -0.18 earnings per share for the current year.

Affirm Company 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.

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