Tabor Asset Management LP Makes New $1.56 Million Investment in Affirm Holdings, Inc. $AFRM

Tabor Asset Management LP purchased a new stake in Affirm Holdings, Inc. (NASDAQ:AFRM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 22,599 shares of the company’s stock, valued at approximately $1,562,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its stake in shares of Affirm by 140.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,544,132 shares of the company’s stock valued at $205,350,000 after buying an additional 2,657,074 shares during the period. Vanguard Group Inc. boosted its holdings in Affirm by 6.7% in the first quarter. Vanguard Group Inc. now owns 23,272,997 shares of the company’s stock valued at $1,051,707,000 after acquiring an additional 1,457,434 shares during the last quarter. Lord Abbett & CO. LLC increased its position in Affirm by 1,137.5% during the 1st quarter. Lord Abbett & CO. LLC now owns 1,282,663 shares of the company’s stock valued at $57,964,000 after purchasing an additional 1,179,016 shares during the period. Durable Capital Partners LP increased its position in Affirm by 12.3% during the 1st quarter. Durable Capital Partners LP now owns 6,580,882 shares of the company’s stock valued at $297,390,000 after purchasing an additional 722,599 shares during the period. Finally, Nuveen LLC bought a new position in Affirm during the 1st quarter worth approximately $27,061,000. 69.29% of the stock is owned by institutional investors.

Insider Transactions at Affirm

In other news, CAO Siphelele Jiyane sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $85.42, for a total transaction of $1,067,750.00. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Max R. Levchin sold 651,713 shares of the company’s stock in a transaction that occurred 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 is available in the SEC filing. In the last ninety days, insiders have sold 1,761,596 shares of company stock valued at $148,662,354. Company insiders own 11.01% of the company’s stock.

Affirm Trading Up 11.6%

AFRM opened at $73.62 on Friday. The company has a fifty day moving average price of $78.31 and a two-hundred day moving average price of $68.26. Affirm Holdings, Inc. has a 1-year low of $30.90 and a 1-year high of $100.00. The company 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 current ratio of 11.54, a quick ratio of 11.54 and a debt-to-equity ratio of 2.55.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.12. Affirm had a net margin of 6.74% and a return on equity of 8.01%. The company had revenue of $933.34 million for the quarter, compared to analysts’ expectations of $881.83 million. During the same quarter in the prior year, the firm earned ($0.31) EPS. The business’s revenue was up 33.6% on a year-over-year basis. Affirm has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts predict that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AFRM shares. The Goldman Sachs Group reduced their price objective on shares of Affirm from $105.00 to $94.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Wall Street Zen upgraded shares of Affirm from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Redburn Partners set a $101.00 price target on shares of Affirm in a research report on Monday, October 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Affirm in a report on Wednesday. Finally, Royal Bank Of Canada lowered their price objective on Affirm from $97.00 to $87.00 and set a “sector perform” rating for the company in a research report on Friday. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Affirm has an average rating of “Moderate Buy” and an average target price of $86.78.

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.