F&V Capital Management LLC Acquires New Holdings in Affirm Holdings, Inc. $AFRM

Key Points

• F&V Capital Management LLC acquired a new stake in Affirm Holdings, Inc. during the second quarter, purchasing 11,835 shares valued at approximately $818,000.
• Affirm reported quarterly earnings of $0.20 per share, surpassing analysts' expectations, with revenue of $876.42 million, a 32.9% increase from the previous year.
• Institutional investors and hedge funds now own approximately 69.29% of Affirm's stock, reflecting increased investor interest in the company.

F&V Capital Management LLC acquired a new stake in Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,835 shares of the company's stock, valued at approximately $818,000.

Other hedge funds also recently modified their holdings of the company. Allworth Financial LP grew its holdings in shares of Affirm by 63.7% during the first quarter. Allworth Financial LP now owns 563 shares of the company's stock worth $27,000 after buying an additional 219 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Affirm by 86.6% during the second 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. Sound Income Strategies LLC purchased a new stake in shares of Affirm during the second quarter worth about $59,000. SVB Wealth LLC purchased a new stake in shares of Affirm during the first quarter worth about $47,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Affirm by 15.6% during the second quarter. Farther Finance Advisors LLC now owns 1,300 shares of the company's stock worth $90,000 after buying an additional 175 shares in the last quarter. 69.29% of the stock is owned by institutional investors and hedge funds.

Affirm Trading Up 4.0%

Shares of AFRM stock opened at $77.43 on Friday. The stock has a market cap of $25.22 billion, a price-to-earnings ratio of 595.66, a price-to-earnings-growth ratio of 4.83 and a beta of 3.58. The company has a quick ratio of 11.54, a current ratio of 11.54 and a debt-to-equity ratio of 2.55. Affirm Holdings, Inc. has a fifty-two week low of $30.90 and a fifty-two week high of $100.00. The firm's 50 day moving average price is $79.31 and its two-hundred day moving average price is $62.81.

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

Wall Street Analyst Weigh In

AFRM has been the subject of a number of recent research reports. Bank of America lifted their price target on shares of Affirm from $90.00 to $94.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Needham & Company LLC reiterated a "hold" rating on shares of Affirm in a report on Wednesday, July 2nd. BTIG Research cut shares of Affirm from a "buy" rating to a "neutral" rating in a research report on Monday, July 14th. Susquehanna raised their target price on shares of Affirm from $65.00 to $76.00 and gave the stock a "positive" rating in a research report on Wednesday, July 23rd. Finally, Zacks Research cut shares of Affirm from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th. One 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. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $80.04.

Insider Activity

In related news, COO Michael Linford sold 184,200 shares of the firm's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $80.09, for a total transaction of $14,752,578.00. Following the completion of the sale, the chief operating officer directly owned 109,840 shares of the company's stock, valued at approximately $8,797,085.60. This trade represents a 62.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Katherine Adkins sold 59,267 shares of the business's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $75.02, for a total transaction of $4,446,210.34. Following the completion of the transaction, the insider owned 113,400 shares in the company, valued at $8,507,268. This represents a 34.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,921,456 shares of company stock valued at $160,284,531 over the last quarter. 11.82% of the stock is owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.