Atria Wealth Solutions Inc. Increases Stock Holdings in Affirm Holdings, Inc. $AFRM

Atria Wealth Solutions Inc. raised its stake in Affirm Holdings, Inc. (NASDAQ:AFRM) by 33.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,538 shares of the company’s stock after purchasing an additional 2,628 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Affirm were worth $729,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Allworth Financial LP grew its stake in shares of Affirm by 63.7% in the 1st 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. UMB Bank n.a. lifted its holdings in shares of Affirm by 86.6% in the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company’s stock valued at $39,000 after buying an additional 264 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of Affirm in the 2nd quarter valued at approximately $59,000. SVB Wealth LLC acquired a new stake in shares of Affirm in the 1st quarter valued at approximately $47,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Affirm by 15.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,300 shares of the company’s stock valued at $90,000 after buying an additional 175 shares during the period. 69.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, 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 value of $4,446,210.34. Following the completion of the transaction, the insider directly owned 113,400 shares of the company’s stock, valued at $8,507,268. The trade was a 34.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Max R. Levchin sold 651,713 shares of the business’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $89.27, for a total value of $58,178,419.51. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,844,552 shares of company stock valued at $154,885,240. Company insiders own 11.82% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on AFRM shares. Barclays raised 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. BTIG Research cut Affirm from a “buy” rating to a “neutral” rating in a report on Monday, July 14th. Mizuho raised their price target on Affirm from $70.00 to $108.00 and gave the company an “outperform” rating in a report on Tuesday, September 2nd. Redburn Partners set a $101.00 price target on Affirm in a report on Monday, October 6th. Finally, Wall Street Zen raised Affirm from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $86.00.

Affirm Stock Down 1.7%

AFRM opened at $67.90 on Friday. The business’s fifty day moving average is $79.79 and its two-hundred day moving average is $64.88. 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 $22.11 billion, a price-to-earnings ratio of 522.35, a PEG ratio of 4.45 and a beta of 3.58. Affirm Holdings, Inc. has a one year low of $30.90 and a one year high of $100.00.

Affirm (NASDAQ:AFRM) last posted its 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. The company had revenue of $876.42 million for the quarter, compared to the consensus estimate of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.Affirm’s quarterly revenue was up 32.9% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.14) earnings per share. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts anticipate that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

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.