Eisler Capital Management Ltd. Makes New Investment in Affirm Holdings, Inc. $AFRM

Key Points

• Eisler Capital Management Ltd. has acquired 175,826 shares of Affirm Holdings, Inc. ($AFRM), worth approximately $7.94 million, marking a new position in the company.
• Institutional investors and hedge funds own around 69.29% of Affirm's stock, with several firms increasing their positions during the first quarter of the year.
• Affirm's stock has experienced significant fluctuations, with a one-year low of $30.46 and a high of $82.53, and it currently holds a market cap of $25.15 billion.

Eisler Capital Management Ltd. purchased a new stake in Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 175,826 shares of the company's stock, valued at approximately $7,944,000. Eisler Capital Management Ltd. owned approximately 0.06% of Affirm at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP increased its position in shares of Affirm by 63.7% during the first quarter. Allworth Financial LP now owns 563 shares of the company's stock worth $27,000 after acquiring an additional 219 shares in the last quarter. Itau Unibanco Holding S.A. bought a new stake in Affirm in the 4th quarter worth about $28,000. SVB Wealth LLC bought a new stake in Affirm in the 1st quarter worth about $47,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Affirm by 3,637.8% in 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. Finally, First Horizon Advisors Inc. purchased a new position in Affirm in the first quarter valued at about $69,000. 69.29% of the stock is owned by institutional investors.

Insider Activity

In related news, COO Michael Linford sold 184,200 shares of the 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 transaction, the chief operating officer owned 109,840 shares in the company, valued at $8,797,085.60. This 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 available at the SEC website. Also, CFO Robert O'hare sold 77,800 shares of the 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 $6,231,002.00. The disclosure for this sale can be found here. Insiders sold 1,128,938 shares of company stock valued at $89,217,029 over the last three months. Corporate insiders own 11.82% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Barclays raised their price objective on shares of Affirm from $67.00 to $80.00 and gave the stock an "overweight" rating in a report on Monday, June 30th. JPMorgan Chase & Co. raised their price objective on shares of Affirm from $91.00 to $94.00 and gave the company an "overweight" rating in a research report on Friday. Susquehanna raised their price objective on shares of Affirm from $65.00 to $76.00 and gave the company a "positive" rating in a research report on Wednesday, July 23rd. BTIG Research lowered shares of Affirm from a "buy" rating to a "neutral" rating in a report on Monday, July 14th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Affirm in a report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $77.35.

Affirm Stock Up 10.6%

NASDAQ:AFRM traded up $8.47 during trading hours on Friday, reaching $88.46. 43,145,775 shares of the company traded hands, compared to its average volume of 6,926,200. The business's 50-day moving average price is $71.19 and its two-hundred day moving average price is $59.17. The stock has a market capitalization of $28.54 billion, a P/E ratio of 680.51, a P/E/G ratio of 3.26 and a beta of 3.63. 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 11.47, a quick ratio of 11.47 and a debt-to-equity ratio of 2.55.

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, topping the consensus estimate of $0.11 by $0.09. The firm had revenue of $876.42 million for the quarter, compared to the consensus estimate of $834.94 million. Affirm had a net margin of 1.62% and a return on equity of 1.84%. The business's revenue was up 32.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.14) earnings per share. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts predict 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.