Aspire Capital Advisors LLC Makes New $310,000 Investment in Affirm Holdings, Inc. $AFRM

Key Points

• Aspire Capital Advisors LLC has made a new investment of approximately $310,000 in Affirm Holdings, acquiring 4,482 shares during the second quarter.
• Affirm's recent quarterly earnings surpassed analysts' expectations, reporting $0.20 EPS and revenue of $876.42 million, a 32.9% year-over-year increase.
• Institutional investors now hold 69.29% of Affirm's shares, with analysts giving it a consensus "Moderate Buy" rating and an average target price of $80.04.

Aspire Capital Advisors LLC bought a new position in Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,482 shares of the company's stock, valued at approximately $310,000.

Other large investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Affirm by 2,800.2% during 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 during the last quarter. Toth Financial Advisory Corp bought a new stake in shares of Affirm during the 2nd quarter valued at about $705,000. Spire Wealth Management bought a new stake in shares of Affirm during the 1st quarter valued at about $120,000. BIT Capital GmbH bought a new stake in shares of Affirm during the 1st quarter valued at about $26,060,000. Finally, Cypress Point Wealth Management LLC bought a new stake in shares of Affirm during the 2nd quarter valued at about $363,000. Institutional investors own 69.29% of the company's stock.

Affirm Price Performance

Shares of Affirm stock opened at $81.53 on Thursday. The company has a debt-to-equity ratio of 2.55, a current ratio of 11.54 and a quick ratio of 11.54. The business's 50 day simple moving average is $78.24 and its two-hundred day simple moving average is $61.65. The stock has a market capitalization of $26.55 billion, a P/E ratio of 627.20, a price-to-earnings-growth ratio of 5.37 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 announced its quarterly earnings results on Thursday, August 28th. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.09. The business had revenue of $876.42 million for the quarter, compared to analysts' expectations of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The business's quarterly revenue was up 32.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.14) EPS. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts forecast that Affirm Holdings, Inc. will post -0.18 EPS for the current year.

Insiders Place Their Bets

In other Affirm news, COO Michael Linford sold 184,200 shares of Affirm stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $80.09, for a total value of $14,752,578.00. Following the transaction, the chief operating officer directly owned 109,840 shares of the company's stock, valued at $8,797,085.60. The trade was a 62.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $2,316,098.43. Following the completion of the transaction, the chief accounting officer directly owned 226,467 shares in the company, valued at $20,542,821.57. This trade represents a 10.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,922,210 shares of company stock worth $160,335,374. 11.82% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

AFRM has been the subject of a number of research analyst reports. Mizuho lifted their price target on Affirm from $70.00 to $108.00 and gave the company an "outperform" rating in a research report on Tuesday, September 2nd. JPMorgan Chase & Co. lifted 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. BTIG Research downgraded Affirm from a "buy" rating to a "neutral" rating in a research report on Monday, July 14th. Citigroup restated an "outperform" rating on shares of Affirm in a research report on Friday, August 29th. Finally, Needham & Company LLC restated a "hold" rating on shares of Affirm in a research 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 given a Hold rating to the company's stock. Based on data from MarketBeat, Affirm currently has a consensus rating of "Moderate Buy" and an average target price of $80.04.

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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