Landscape Capital Management L.L.C. Has $5.20 Million Stake in Affirm Holdings, Inc. $AFRM

Key Points

• Landscape Capital Management L.L.C. has dramatically increased its stake in Affirm Holdings by 3,071.8% during the first quarter, now holding 115,041 shares valued at approximately $5.2 million.
• Affirm's stock price experienced a slight decline of 0.5% and is currently trading at $77.59, with a market capitalization of $25.03 billion.
• Insider transactions revealed significant stock sales, with the CAO and COO selling a combined total of over $15 million worth of shares in recent months, indicating a possible shift in management interest.

Landscape Capital Management L.L.C. raised its position in shares of Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) by 3,071.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,041 shares of the company's stock after purchasing an additional 111,414 shares during the period. Landscape Capital Management L.L.C.'s holdings in Affirm were worth $5,199,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Affirm by 2,800.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 46,084 shares of the company's stock valued at $2,083,000 after acquiring an additional 44,495 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Affirm by 2.6% in the 4th quarter. Ameriprise Financial Inc. now owns 145,932 shares of the company's stock valued at $8,887,000 after acquiring an additional 3,672 shares in the last quarter. Spire Wealth Management bought a new position in shares of Affirm in the 1st quarter valued at approximately $120,000. Deutsche Bank AG raised its stake in shares of Affirm by 2.6% in the 4th quarter. Deutsche Bank AG now owns 32,400 shares of the company's stock valued at $1,973,000 after acquiring an additional 817 shares in the last quarter. Finally, BIT Capital GmbH bought a new position in shares of Affirm in the 1st quarter valued at approximately $26,060,000. 69.29% of the stock is owned by hedge funds and other institutional investors.

Affirm Stock Performance

Shares of NASDAQ:AFRM traded down $4.27 during trading on Tuesday, hitting $84.19. 7,733,248 shares of the stock were exchanged, compared to its average volume of 7,384,506. Affirm Holdings, Inc. has a 1-year low of $30.90 and a 1-year high of $100.00. The company has a market capitalization of $27.16 billion, a price-to-earnings ratio of 649.04, a price-to-earnings-growth ratio of 3.29 and a beta of 3.64. The company's fifty day simple moving average is $71.71 and its 200-day simple moving average is $59.09. The company has a debt-to-equity ratio of 2.55, a quick ratio of 11.54 and a current ratio of 11.54.

Affirm (NASDAQ:AFRM - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The company reported $0.20 earnings per share for the quarter, topping 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 company had revenue of $876.42 million for the quarter, compared to analyst estimates of $834.94 million. During the same quarter last year, the firm earned ($0.14) EPS. Affirm's revenue for the quarter 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. Sell-side analysts expect that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AFRM has been the topic of a number of recent analyst reports. JMP Securities raised their price objective on Affirm from $75.00 to $105.00 and gave the company a "market outperform" rating in a research note on Friday. Truist Financial raised their price objective on Affirm from $58.00 to $72.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Susquehanna raised their price objective on Affirm from $65.00 to $76.00 and gave the company a "positive" rating in a research note on Wednesday, July 23rd. Evercore ISI raised their price objective on Affirm from $67.00 to $100.00 and gave the company an "outperform" rating in a research note on Friday. Finally, Citigroup reaffirmed an "outperform" rating on shares of Affirm in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $79.04.

Insider Activity at Affirm

In other news, CEO Max R. Levchin sold 499,223 shares of Affirm stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $80.17, for a total transaction of $40,022,707.91. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Katherine Adkins sold 6,489 shares of Affirm stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $75.00, for a total value of $486,675.00. Following the sale, the insider directly owned 113,400 shares in the company, valued at $8,505,000. The trade was a 5.41% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,128,938 shares of company stock worth $89,217,029 in the last three months. Company insiders own 11.82% of the company's stock.

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.