Aaron Wealth Advisors LLC Acquires Shares of 3,272 Affirm Holdings, Inc. $AFRM

Key Points

• Aaron Wealth Advisors LLC has made a new investment in Affirm Holdings, acquiring 3,272 shares valued at approximately $226,000.
• Institutional ownership of Affirm has reached 69.29%, with multiple investors increasing their holdings in the first quarter.
• Affirm's recent earnings report showed a quarterly revenue of $876.42 million, exceeding analyst estimates, and a reported EPS of $0.20, beating the consensus estimate by 9 cents.

Aaron Wealth Advisors LLC bought a new position in shares of Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,272 shares of the company's stock, valued at approximately $226,000.

Other hedge funds have also made changes to their positions in the company. KLP Kapitalforvaltning AS raised its holdings in shares of Affirm by 0.4% during the 1st quarter. KLP Kapitalforvaltning AS now owns 49,100 shares of the company's stock valued at $2,219,000 after purchasing an additional 200 shares in the last quarter. Allworth Financial LP grew its stake in Affirm by 63.7% in the 1st quarter. Allworth Financial LP now owns 563 shares of the company's stock valued at $27,000 after buying an additional 219 shares during the last quarter. Sei Investments Co. grew its stake in Affirm by 0.6% in the 1st quarter. Sei Investments Co. now owns 41,066 shares of the company's stock valued at $1,856,000 after buying an additional 226 shares during the last quarter. HB Wealth Management LLC grew its stake in Affirm by 2.2% in the 1st quarter. HB Wealth Management LLC now owns 11,471 shares of the company's stock valued at $518,000 after buying an additional 252 shares during the last quarter. Finally, Amalgamated Bank grew its stake in Affirm by 2.1% in the 1st quarter. Amalgamated Bank now owns 13,773 shares of the company's stock valued at $622,000 after buying an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 69.29% of the company's stock.

Affirm Stock Down 3.6%

AFRM traded down $3.22 during trading on Tuesday, reaching $86.91. The stock had a trading volume of 979,644 shares, compared to its average volume of 7,441,999. The stock's 50 day moving average is $77.62 and its two-hundred day moving average is $61.36. 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 company has a market capitalization of $28.30 billion, a price-to-earnings ratio of 672.21, a P/E/G ratio of 5.98 and a beta of 3.64. 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 results on Thursday, August 28th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.09. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The firm had revenue of $876.42 million during the quarter, compared to the consensus estimate of $834.94 million. During the same period last year, the company earned ($0.14) earnings per share. The company's revenue was up 32.9% on a year-over-year basis. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, analysts expect that Affirm Holdings, Inc. will post -0.18 earnings per share for the current year.

Insider Transactions at Affirm

In related news, CAO Siphelele Jiyane sold 25,533 shares of Affirm stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $90.71, for a total transaction of $2,316,098.43. Following the sale, the chief accounting officer owned 226,467 shares of the company's stock, valued at approximately $20,542,821.57. This trade represents a 10.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Katherine Adkins sold 59,267 shares of Affirm stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $75.02, for a total value of $4,446,210.34. Following the sale, the insider directly owned 113,400 shares in the company, valued at $8,507,268. This trade represents a 34.32% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,270,497 shares of company stock valued at $102,156,954. Company insiders own 11.82% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on AFRM. Susquehanna raised their price target on shares of Affirm from $65.00 to $76.00 and gave the stock a "positive" rating in a research report on Wednesday, July 23rd. Stephens began coverage on shares of Affirm in a research report on Thursday, June 12th. They set an "equal weight" rating and a $69.00 target price on the stock. Royal Bank Of Canada lifted their target price on shares of Affirm from $75.00 to $97.00 and gave the company a "sector perform" rating in a research report on Friday, August 29th. Truist Financial lifted their target price on shares of Affirm from $72.00 to $95.00 and gave the company a "buy" rating in a research report on Friday, September 12th. Finally, Redburn Atlantic raised shares of Affirm to a "hold" rating in a report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $80.04.

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.