Los Angeles Capital Management LLC Buys 16,433 Shares of Affirm Holdings, Inc. $AFRM

Los Angeles Capital Management LLC lifted its stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 333.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,365 shares of the company’s stock after purchasing an additional 16,433 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Affirm were worth $1,477,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in AFRM. Farther Finance Advisors LLC increased its position in shares of Affirm by 15.6% during the second 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. KLP Kapitalforvaltning AS grew its stake in Affirm by 0.4% during the first quarter. KLP Kapitalforvaltning AS now owns 49,100 shares of the company’s stock valued at $2,219,000 after acquiring an additional 200 shares in the last quarter. Allworth Financial LP increased its holdings 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 period. Sei Investments Co. lifted its stake in Affirm by 0.6% in the 1st quarter. Sei Investments Co. now owns 41,066 shares of the company’s stock worth $1,856,000 after purchasing an additional 226 shares in the last quarter. Finally, HB Wealth Management LLC boosted its holdings in Affirm by 2.2% in the 1st quarter. HB Wealth Management LLC now owns 11,471 shares of the company’s stock valued at $518,000 after purchasing an additional 252 shares during the period. Institutional investors own 69.29% of the company’s stock.

Affirm Stock Down 1.2%

AFRM opened at $75.14 on Wednesday. Affirm Holdings, Inc. has a 12 month low of $30.90 and a 12 month high of $100.00. The company has a current ratio of 12.80, a quick ratio of 11.54 and a debt-to-equity ratio of 2.40. The business’s 50-day moving average price is $77.92 and its 200-day moving average price is $68.96. The company has a market cap of $24.47 billion, a P/E ratio of 112.15, a P/E/G ratio of 4.77 and a beta of 3.57.

Affirm (NASDAQ:AFRM) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.12. The business had revenue of $933.34 million for the quarter, compared to analyst estimates of $881.83 million. Affirm had a return on equity of 7.75% and a net margin of 6.74%.Affirm’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same period last year, the company earned ($0.31) EPS. Affirm has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts expect that Affirm Holdings, Inc. will post -0.18 EPS for the current year.

Analyst Upgrades and Downgrades

AFRM has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Affirm from $91.00 to $94.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Rothschild & Co Redburn upgraded Affirm from a “neutral” rating to a “buy” rating and upped their target price for the stock from $74.00 to $101.00 in a research note on Monday, October 6th. JMP Securities lifted their price target on Affirm from $75.00 to $105.00 and gave the company a “market outperform” rating in a research report on Friday, August 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Affirm in a report on Wednesday, November 5th. Finally, Jefferies Financial Group raised their target price on shares of Affirm from $82.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $86.78.

Insider Buying and Selling

In related news, COO Michael Linford sold 184,200 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $80.09, for a total transaction of $14,752,578.00. Following the completion of the sale, the chief operating officer directly owned 109,840 shares in the company, valued at $8,797,085.60. This represents a 62.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Katherine Adkins sold 36,878 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $95.00, for a total transaction of $3,503,410.00. Following the sale, the insider directly owned 113,400 shares of the company’s stock, valued at $10,773,000. The trade was a 24.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,761,596 shares of company stock valued at $148,662,354 over the last quarter. Company insiders own 11.01% of the company’s stock.

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.