Chicago Partners Investment Group LLC Has $782,000 Position in Affirm Holdings, Inc. $AFRM

Chicago Partners Investment Group LLC cut its position in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 23.7% in the second quarter, Holdings Channel reports. The institutional investor owned 11,913 shares of the company’s stock after selling 3,696 shares during the period. Chicago Partners Investment Group LLC’s holdings in Affirm were worth $782,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP boosted its position in Affirm by 63.7% during the 1st quarter. Allworth Financial LP now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 219 shares during the last quarter. 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 purchasing an additional 264 shares in the last quarter. SVB Wealth LLC acquired a new position in Affirm during the first quarter worth $47,000. Sound Income Strategies LLC bought a new position in Affirm in the second quarter valued at $59,000. Finally, First Horizon Advisors Inc. bought a new position in Affirm in the first quarter valued at $69,000. Institutional investors own 69.29% of the company’s stock.

Insider Transactions at Affirm

In related news, CFO Robert O’hare sold 77,800 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $80.09, for a total value of $6,231,002.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Max R. Levchin sold 651,713 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $89.27, for a total transaction 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. Corporate insiders own 11.82% of the company’s stock.

Affirm Trading Up 3.3%

Affirm stock opened at $74.49 on Wednesday. The stock has a 50-day simple moving average of $79.72 and a 200 day simple moving average of $65.38. The stock has a market capitalization of $24.26 billion, a P/E ratio of 573.04, a PEG ratio of 4.64 and a beta of 3.58. The company has a debt-to-equity ratio of 2.55, a quick ratio of 11.54 and a current ratio of 11.54. Affirm Holdings, Inc. has a 52 week low of $30.90 and a 52 week high of $100.00.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. The company had revenue of $876.42 million during 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 business’s revenue was up 32.9% on a year-over-year basis. During the same period last year, the firm posted ($0.14) earnings per share. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts expect that Affirm Holdings, Inc. will post -0.18 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on AFRM. Bank of America boosted their price target on shares of Affirm from $90.00 to $94.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Barclays upped their target price on Affirm from $67.00 to $80.00 and gave the stock an “overweight” rating in a report on Monday, June 30th. Jefferies Financial Group increased their price target on Affirm from $82.00 to $95.00 and gave the company a “buy” rating in a research report on Tuesday, August 26th. JPMorgan Chase & Co. boosted their price target on Affirm from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Finally, BTIG Research cut Affirm from a “buy” rating to a “neutral” rating in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Affirm presently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

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.