Penserra Capital Management LLC Increases Stock Holdings in Affirm Holdings, Inc. $AFRM

Penserra Capital Management LLC boosted its stake in Affirm Holdings, Inc. (NASDAQ:AFRM) by 22.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 339,483 shares of the company’s stock after buying an additional 62,862 shares during the quarter. Penserra Capital Management LLC owned approximately 0.11% of Affirm worth $23,471,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AFRM. Envestnet Asset Management Inc. grew its stake in shares of Affirm by 893.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 184,432 shares of the company’s stock worth $8,334,000 after acquiring an additional 165,863 shares in the last quarter. M&T Bank Corp boosted its holdings in Affirm by 1.9% during the first quarter. M&T Bank Corp now owns 21,416 shares of the company’s stock worth $968,000 after purchasing an additional 389 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Affirm in the 1st quarter worth about $114,000. Allworth Financial LP increased its stake in 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 buying an additional 219 shares during the last quarter. Finally, Xponance Inc. lifted its position in shares of Affirm by 5.6% during the 1st quarter. Xponance Inc. now owns 13,148 shares of the company’s stock worth $594,000 after buying an additional 692 shares in the last quarter. 69.29% of the stock is currently owned by institutional investors.

Affirm Trading Up 11.6%

Shares of AFRM opened at $73.62 on Friday. Affirm Holdings, Inc. has a fifty-two week low of $30.90 and a fifty-two week high of $100.00. The business has a 50-day moving average of $78.31 and a 200 day moving average of $68.26. The firm has a market cap of $23.97 billion, a P/E ratio of 109.88, a price-to-earnings-growth ratio of 4.25 and a beta of 3.57. 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 (NASDAQ:AFRM) last issued its earnings results on Thursday, November 6th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.12. The firm had revenue of $933.34 million during the quarter, compared to analyst estimates of $881.83 million. Affirm had a net margin of 6.74% and a return on equity of 8.01%. The company’s quarterly revenue was up 33.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.31) earnings per share. Affirm has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, research analysts forecast that Affirm Holdings, Inc. will post -0.18 EPS for the current year.

Analysts Set New Price Targets

AFRM has been the subject of several recent analyst reports. Rothschild Redb raised Affirm from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Wall Street Zen upgraded Affirm from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Truist Financial decreased their target price on Affirm from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Jefferies Financial Group boosted their price target on shares of Affirm from $82.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Finally, BTIG Research lowered shares of Affirm from a “buy” rating to a “neutral” rating in a research report on Monday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $86.78.

Insider Activity

In other news, CFO Robert O’hare sold 31,423 shares of Affirm stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total value of $2,617,535.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Max R. Levchin sold 651,713 shares of the stock in a transaction dated 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 is available in the SEC filing. Over the last quarter, insiders have sold 1,761,596 shares of company stock valued at $148,662,354. 11.01% of the stock is currently owned by corporate insiders.

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.