UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Buys 56,401 Shares of Affirm Holdings, Inc. $AFRM

Key Points

• UBS AM increased its shareholding in Affirm Holdings, Inc. by 8.5% during Q1, owning approximately 720,730 shares valued at $32.57 million.
• Affirm's stock price surged by 7.6% following the announcement of a better-than-expected quarterly earnings report, posting $0.20 EPS against a consensus estimate of $0.11.
• Insider transactions revealed significant stock sales, including CEO Max R. Levchin selling 499,223 shares at an average price of $80.17, totaling over $40 million.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) by 8.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 720,730 shares of the company's stock after acquiring an additional 56,401 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.23% of Affirm worth $32,570,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in AFRM. Mirae Asset Global Investments Co. Ltd. lifted 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 worth $2,083,000 after buying an additional 44,495 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Affirm by 2.6% during the fourth quarter. Ameriprise Financial Inc. now owns 145,932 shares of the company's stock worth $8,887,000 after acquiring an additional 3,672 shares during the period. Spire Wealth Management bought a new stake in shares of Affirm in the first quarter valued at $120,000. Deutsche Bank AG grew its position in shares of Affirm by 2.6% in the fourth quarter. Deutsche Bank AG now owns 32,400 shares of the company's stock valued at $1,973,000 after purchasing an additional 817 shares in the last quarter. Finally, BIT Capital GmbH bought a new stake in Affirm during the first quarter worth about $26,060,000. 69.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Susquehanna upped their target price on Affirm from $65.00 to $76.00 and gave the stock a "positive" rating in a report on Wednesday, July 23rd. Oppenheimer set a $80.00 price target on Affirm and gave the stock an "outperform" rating in a research report on Monday, July 21st. Stephens began coverage on shares of Affirm in a research note on Thursday, June 12th. They set an "equal weight" rating and a $69.00 price target for the company. JMP Securities upped their price target on Affirm from $75.00 to $105.00 and gave the stock a "market outperform" rating in a research report on Friday, August 29th. Finally, Truist Financial upped their price target on shares of Affirm from $72.00 to $95.00 and gave the company a "buy" rating in a report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $80.04.

Affirm Price Performance

AFRM stock traded up $2.27 during trading on Friday, reaching $92.18. 9,488,112 shares of the company were exchanged, compared to its average volume of 10,458,674. The stock's 50 day moving average price is $77.10 and its 200 day moving average price is $61.02. The company has a debt-to-equity ratio of 2.55, a quick ratio of 11.54 and a current ratio of 11.54. The company has a market cap of $30.02 billion, a P/E ratio of 709.13, a PEG ratio of 5.84 and a beta of 3.64. Affirm Holdings, Inc. has a 52-week low of $30.90 and a 52-week high of $100.00.

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

Insider Buying and Selling

In other Affirm news, CAO Siphelele Jiyane sold 12,500 shares of the company's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $85.42, for a total transaction of $1,067,750.00. Following the transaction, the chief accounting officer directly owned 213,967 shares in the company, valued at approximately $18,277,061.14. This represents a 5.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Christa S. Quarles sold 15,000 shares of the 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 sale, the director directly owned 122,241 shares of the company's stock, valued at approximately $11,368,413. The trade was a 10.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,270,497 shares of company stock worth $102,156,954 in the last three months. Company insiders own 11.82% of the company's stock.

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.