Siphelele Jiyane Sells 12,500 Shares of Affirm (NASDAQ:AFRM) Stock

Key Points

• Siphelele Jiyane, Chief Accounting Officer at Affirm, sold 12,500 shares of the company's stock on September 15th for a total of $1,067,750, reducing their ownership by 5.52%.
• Affirm's stock reached $89.43 during trading, with a market cap of $29.12 billion and a PE ratio of 639.08.
• The company reported a 32.9% year-over-year increase in quarterly revenue, amounting to $876.42 million, exceeding analysts' expectations.

Affirm Holdings, Inc. (NASDAQ:AFRM - Get Free Report) CAO Siphelele Jiyane sold 12,500 shares of Affirm stock in a transaction on Monday, September 15th. The stock was sold at an average price of $85.42, for a total value of $1,067,750.00. Following the completion of the transaction, the chief accounting officer owned 213,967 shares in the company, valued at $18,277,061.14. The trade was a 5.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Siphelele Jiyane also recently made the following trade(s):

• On Thursday, September 4th, Siphelele Jiyane sold 25,533 shares of Affirm stock. The stock was sold at an average price of $90.71, for a total value of $2,316,098.43.
• On Friday, August 29th, Siphelele Jiyane sold 22,725 shares of Affirm stock. The stock was sold at an average price of $96.47, for a total value of $2,192,280.75.
• On Monday, August 4th, Siphelele Jiyane sold 15,871 shares of Affirm stock. The stock was sold at an average price of $75.00, for a total value of $1,190,325.00.

Affirm Price Performance

Shares of NASDAQ AFRM traded up $6.35 during mid-day trading on Monday, reaching $89.43. The company had a trading volume of 10,217,609 shares, compared to its average volume of 9,915,688. 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 has a market cap of $29.12 billion, a PE ratio of 639.08, a P/E/G ratio of 5.39 and a beta of 3.64. The company has a 50-day moving average price of $74.89 and a two-hundred day moving average price of $60.00. Affirm Holdings, Inc. has a 1-year low of $30.90 and a 1-year high of $100.00.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Huntington National Bank grew its stake in Affirm by 634.0% in the second quarter. Huntington National Bank now owns 389 shares of the company's stock valued at $27,000 after purchasing an additional 336 shares in the last quarter. SouthState Corp lifted its position in shares of Affirm by 190.5% in the second quarter. SouthState Corp now owns 427 shares of the company's stock worth $30,000 after buying an additional 280 shares during the last quarter. Blume Capital Management Inc. lifted its position in shares of Affirm by 468.8% in the second quarter. Blume Capital Management Inc. now owns 455 shares of the company's stock worth $31,000 after buying an additional 375 shares during the last quarter. Allworth Financial LP lifted 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 worth $27,000 after buying an additional 219 shares during the last quarter. Finally, UMB Bank n.a. lifted its position in shares of Affirm by 86.6% in 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 during the last quarter. Hedge funds and other institutional investors own 69.29% of the company's stock.

Analyst Ratings Changes

AFRM has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on Affirm from $91.00 to $94.00 and gave the company an "overweight" rating in a report on Friday, August 29th. Royal Bank Of Canada lifted their price target on Affirm from $75.00 to $97.00 and gave the company a "sector perform" rating in a report on Friday, August 29th. UBS Group lifted their price target on Affirm from $56.00 to $85.00 and gave the company a "neutral" rating in a report on Friday, August 29th. Barclays lifted their price target on Affirm from $67.00 to $80.00 and gave the company an "overweight" rating in a report on Monday, June 30th. Finally, Susquehanna lifted their price target on Affirm from $65.00 to $76.00 and gave the company a "positive" rating in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Affirm has an average rating of "Moderate Buy" and a consensus target price of $80.04.

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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