Blair William & Co. IL Buys Shares of 304,959 Affirm Holdings, Inc. $AFRM

Key Points

• Blair William & Co. IL acquired 304,959 shares of Affirm Holdings, Inc. (NASDAQ:AFRM) in Q2, with an investment valued at approximately $21.08 million, representing 0.09% ownership in the company.
• Despite the recent acquisition, hedge funds have shown varied activity in Affirm, with institutional investors now holding 69.29% of the stock and several funds increasing their stakes significantly in recent quarters.
• Affirm reported a strong 32.9% year-over-year revenue increase for its latest quarter, surpassing analyst estimates with earnings per share of $0.20, significantly up from a loss of ($0.14) in the previous year.

Blair William & Co. IL bought a new stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 304,959 shares of the company's stock, valued at approximately $21,085,000. Blair William & Co. IL owned approximately 0.09% of Affirm as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in Affirm by 63.7% during 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 in the last quarter. UMB Bank n.a. grew its holdings in Affirm by 86.6% during the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company's stock valued at $39,000 after buying an additional 264 shares in the last quarter. SVB Wealth LLC purchased a new position in Affirm during the 1st quarter valued at about $47,000. Sound Income Strategies LLC bought a new stake in shares of Affirm during the 2nd quarter valued at about $59,000. Finally, First Horizon Advisors Inc. bought a new stake in shares of Affirm during the 1st quarter valued at about $69,000. Hedge funds and other institutional investors own 69.29% of the company's stock.

Affirm Stock Performance

NASDAQ:AFRM opened at $77.46 on Friday. The business has a 50 day moving average of $80.14 and a 200 day moving average of $63.77. The company has a market capitalization of $25.22 billion, a price-to-earnings ratio of 595.89, a PEG ratio of 4.98 and a beta of 3.58. Affirm Holdings, Inc. has a 1-year low of $30.90 and a 1-year high of $100.00. The company has a debt-to-equity ratio of 2.55, a current ratio of 11.54 and a quick ratio of 11.54.

Affirm (NASDAQ:AFRM - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.11 by $0.09. The company had revenue of $876.42 million during the quarter, compared to the consensus estimate of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.Affirm's quarterly revenue was up 32.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.14) EPS. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts predict that Affirm Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AFRM. Wall Street Zen downgraded Affirm from a "buy" rating to a "hold" rating in a research report on Saturday, September 13th. Needham & Company LLC reiterated a "hold" rating on shares of Affirm in a research report on Wednesday, July 2nd. Stephens began coverage on Affirm in a research report on Thursday, June 12th. They set an "equal weight" rating and a $69.00 price target for the company. Morgan Stanley set a $90.00 price target on Affirm in a research report on Friday, August 29th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating on shares of Affirm in a research report on Tuesday, September 23rd. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Affirm currently has a consensus rating of "Moderate Buy" and a consensus price target of $82.65.

Insider Buying and Selling

In other Affirm news, CFO Robert O'hare sold 31,423 shares of Affirm stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total value of $2,617,535.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Christa S. Quarles sold 15,000 shares of Affirm stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $93.00, for a total value of $1,395,000.00. Following the completion of the transaction, the director directly owned 122,241 shares in the company, valued at $11,368,413. This trade represents a 10.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,844,552 shares of company stock worth $154,885,240 over the last ninety days. Corporate insiders own 11.82% of the company's stock.

About Affirm

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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