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

Callan Family Office LLC acquired a new stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) in the 2nd quarter, HoldingsChannel reports. The firm acquired 4,229 shares of the company’s stock, valued at approximately $292,000.

Several other institutional investors have also added to or reduced their stakes in AFRM. Blair William & Co. IL acquired a new position in shares of Affirm during the second quarter worth $21,085,000. Leo Wealth LLC boosted its position in Affirm by 4.8% during the second quarter. Leo Wealth LLC now owns 998,091 shares of the company’s stock valued at $69,008,000 after acquiring an additional 45,786 shares during the last quarter. Maryland State Retirement & Pension System boosted its position in Affirm by 7.6% during the second quarter. Maryland State Retirement & Pension System now owns 13,041 shares of the company’s stock valued at $902,000 after acquiring an additional 926 shares during the last quarter. KLP Kapitalforvaltning AS boosted its position in Affirm by 5.1% during the second quarter. KLP Kapitalforvaltning AS now owns 51,600 shares of the company’s stock valued at $3,568,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Ameliora Wealth Management Ltd. bought a new stake in Affirm during the second quarter valued at $757,000. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on AFRM shares. Zacks Research downgraded Affirm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Truist Financial raised their target price on Affirm from $72.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Needham & Company LLC restated a “hold” rating on shares of Affirm in a research note on Wednesday, July 2nd. The Goldman Sachs Group reduced their target price on Affirm from $105.00 to $94.00 and set a “buy” rating for the company in a research note on Monday. Finally, Citigroup reiterated an “outperform” rating on shares of Affirm in a research note on Friday, August 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, Affirm presently has an average rating of “Moderate Buy” and an average target price of $86.00.

Affirm Trading Down 5.5%

NASDAQ:AFRM opened at $69.07 on Friday. 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 capitalization of $22.49 billion, a PE ratio of 531.35, a price-to-earnings-growth ratio of 4.79 and a beta of 3.58. The firm’s 50 day moving average is $79.88 and its 200 day moving average is $64.60. Affirm Holdings, Inc. has a 12 month low of $30.90 and a 12 month high of $100.00.

Affirm (NASDAQ:AFRM) last posted its quarterly earnings results on Thursday, August 28th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. Affirm had a net margin of 1.62% and a return on equity of 1.80%. The company had revenue of $876.42 million for the quarter, compared to analysts’ expectations of $834.94 million. During the same quarter in the previous year, the firm posted ($0.14) EPS. Affirm’s 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. Sell-side analysts expect that Affirm Holdings, Inc. will post -0.18 earnings per share for the current year.

Insider Activity

In other news, insider Katherine Adkins sold 59,267 shares of the business’s stock in a transaction on Monday, August 4th. The shares were 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 directly owned 113,400 shares in the company, valued at $8,507,268. The trade was a 34.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Siphelele Jiyane sold 25,533 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $90.71, for a total transaction of $2,316,098.43. Following the transaction, the chief accounting officer owned 226,467 shares of the company’s stock, valued at $20,542,821.57. This trade represents a 10.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,844,552 shares of company stock worth $154,885,240. Company insiders own 11.82% of the company’s stock.

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.