Dynamic Technology Lab Private Ltd Has $303,000 Stake in Affirm Holdings, Inc. $AFRM

Key Points

• Dynamic Technology Lab Private Ltd significantly reduced its stake in Affirm Holdings by 85.7%, selling 40,304 shares and leaving them with only 6,713 shares. This cut their holdings' value to approximately $303,000.
• CEO Max R. Levchin sold 499,223 shares of Affirm at an average price of $80.17, totaling over $40 million, indicating a substantial insider transaction.
• Affirm reported a revenue increase of 32.9% year-over-year, reaching $876.42 million for the quarter, significantly surpassing analysts' expectations.

Dynamic Technology Lab Private Ltd decreased its position in Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) by 85.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,713 shares of the company's stock after selling 40,304 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Affirm were worth $303,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AFRM. Allworth Financial LP grew its position in shares of Affirm by 63.7% in the first quarter. Allworth Financial LP now owns 563 shares of the company's stock valued at $27,000 after purchasing an additional 219 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Affirm in the first quarter valued at approximately $47,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Affirm by 3,637.8% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,383 shares of the company's stock valued at $62,000 after purchasing an additional 1,346 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in shares of Affirm in the first quarter valued at approximately $69,000. Finally, Advisors Asset Management Inc. grew its position in shares of Affirm by 33.1% in the first quarter. Advisors Asset Management Inc. now owns 2,383 shares of the company's stock valued at $108,000 after purchasing an additional 593 shares during the last quarter. Institutional investors and hedge funds own 69.29% of the company's stock.

Affirm Price Performance

NASDAQ:AFRM traded up $0.53 during trading hours on Tuesday, reaching $89.96. 7,321,548 shares of the company were exchanged, compared to its average volume of 7,492,055. The business has a 50 day moving average of $75.25 and a 200 day moving average of $60.17. 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 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 $29.30 billion, a P/E ratio of 692.05, a P/E/G ratio of 5.39 and a beta of 3.64.

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 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 analysts' expectations of $834.94 million. During the same period in the prior year, the company earned ($0.14) earnings per share. The company's quarterly 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. Research analysts forecast that Affirm Holdings, Inc. will post -0.18 EPS for the current year.

Insider Activity

In other Affirm news, CFO Robert O'hare sold 31,423 shares of the company's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total transaction of $2,617,535.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Katherine Adkins sold 36,878 shares of the company's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $95.00, for a total value of $3,503,410.00. Following the sale, the insider owned 113,400 shares of the company's stock, valued at $10,773,000. The trade was a 24.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,270,497 shares of company stock valued at $102,156,954. Corporate insiders own 11.82% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on AFRM. Evercore ISI reaffirmed an "outperform" rating on shares of Affirm in a research report on Tuesday. BTIG Research downgraded Affirm from a "buy" rating to a "neutral" rating in a research report on Monday, July 14th. Barclays increased their price target on Affirm from $67.00 to $80.00 and gave the stock an "overweight" rating in a research report on Monday, June 30th. Morgan Stanley set a $90.00 price target on Affirm in a research report on Friday, August 29th. Finally, Truist Financial increased their price target on Affirm from $72.00 to $95.00 and gave the stock a "buy" rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and eleven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average 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.