Callan Family Office LLC Buys New Position in Affirm Holdings, Inc. $AFRM

Callan Family Office LLC bought a new stake in shares of 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 institutional investor bought 4,229 shares of the company's stock, valued at approximately $292,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its holdings 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 acquiring an additional 219 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Affirm by 86.6% in the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company's stock worth $39,000 after buying an additional 264 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of Affirm in the 1st quarter worth approximately $47,000. Sound Income Strategies LLC acquired a new position in shares of Affirm in the 2nd quarter worth approximately $59,000. Finally, First Horizon Advisors Inc. acquired a new position in shares of Affirm in the 1st quarter worth approximately $69,000. Institutional investors own 69.29% of the company's stock.

Insider Transactions at Affirm

In related news, CFO Robert O'hare sold 31,423 shares of Affirm stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total value of $2,617,535.90. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Max R. Levchin sold 651,713 shares of Affirm stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $89.27, for a total value of $58,178,419.51. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,844,552 shares of company stock worth $154,885,240. 11.82% of the stock is currently owned by company insiders.

Affirm Stock Performance

Shares of Affirm stock opened at $69.07 on Friday. The company has a market capitalization of $22.49 billion, a PE ratio of 531.35, a PEG ratio of 4.79 and a beta of 3.58. Affirm Holdings, Inc. has a 12 month low of $30.90 and a 12 month high of $100.00. 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 stock's fifty day simple moving average is $79.88 and its 200 day simple moving average is $64.60.

Affirm (NASDAQ:AFRM - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.11 by $0.09. The business had revenue of $876.42 million for 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%.The firm's revenue was up 32.9% compared to the same quarter last year. During the same quarter last year, the business posted ($0.14) EPS. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research analysts predict that Affirm Holdings, Inc. will post -0.18 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on AFRM shares. UBS Group increased their target price on Affirm from $56.00 to $85.00 and gave the stock a "neutral" rating in a report on Friday, August 29th. Redburn Atlantic raised Affirm to a "hold" rating in a report on Friday, August 1st. Rothschild Redb raised Affirm from a "hold" rating to a "strong-buy" rating in a report on Monday, October 6th. Jefferies Financial Group raised their price target on Affirm from $82.00 to $95.00 and gave the company a "buy" rating in a report on Tuesday, August 26th. Finally, Zacks Research cut Affirm from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Affirm currently has an average rating of "Moderate Buy" and a consensus price target of $86.00.

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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