Affirm Holdings, Inc. $AFRM Stock: Royal Fund Management LLC Grows Holdings

Posted by Brenda Bartman on Oct 23rd, 2026

Royal Fund Management LLC grew its holdings in Affirm Holdings, Inc. (NASDAQ:AFRM – Free Report) by 1,935.5% during the third quarter, HoldingsChannel reports. The firm owned 78,244 shares of the company’s stock after acquiring an additional 74,400 shares during the period. Royal Fund Management LLC’s holdings in Affirm were worth $5,417,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp acquired a new position in shares of Affirm during the 2nd quarter worth approximately $75,121,000. Ardmore Road Asset Management LP grew its position in shares of Affirm by 849.6% in the first quarter. Ardmore Road Asset Management LP now owns 600,000 shares of the company’s stock valued at $27,492,000 after purchasing an additional 536,814 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of Affirm in the first quarter valued at approximately $14,798,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Affirm by 23.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,577,264 shares of the company’s stock valued at $71,829,000 after purchasing an additional 303,037 shares during the last quarter. Finally, Spyglass Capital Management LLC increased its holdings in shares of Affirm by 15.2% in the first quarter. Spyglass Capital Management LLC now owns 1,662,325 shares of the company’s stock valued at $76,168,000 after purchasing an additional 218,745 shares during the last quarter. 69.29% of the stock is owned by hedge funds and other institutional investors.

Affirm Trading Down 1.5%

Shares of Affirm stock opened at $72.40 on Friday. The firm has a market capitalization of $24.43 billion, a price-to-earnings ratio of 13.12, a PEG ratio of 2.95 and a beta of 3.82. Affirm Holdings, Inc. has a fifty-two week low of $42.10 and a fifty-two week high of $90.44. The company has a debt-to-equity ratio of 1.82, a quick ratio of 11.80 and a current ratio of 11.80. The stock has a 50 day moving average of $73.43 and a 200 day moving average of $71.30.

Affirm (NASDAQ:AFRM – Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported $4.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $4.27. Affirm had a return on equity of 47.91% and a net margin of 45.29%. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter last year, the firm earned $0.20 earnings per share. The firm’s quarterly revenue was up 33.1% compared to the same quarter last year. As a group, research analysts predict that Affirm Holdings, Inc. will post 1.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on AFRM shares. UBS Group lifted their price objective on Affirm from $82.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Citizens Jmp restated a “market outperform” rating and issued a $85.00 target price on shares of Affirm in a report on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft upped their target price on Affirm from $80.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Bank of America raised their target price on Affirm from $93.00 to $104.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Finally, Needham & Company LLC set a $85.00 price target on Affirm in a report on Wednesday, September 16th. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Affirm currently has a consensus rating of “Moderate Buy” and an average price target of $97.69.

Get Our Latest Stock Analysis on Affirm

Insiders Place Their Bets

In related news, COO Michael Linford sold 79,219 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $90.01, for a total transaction of $7,130,502.19. Following the completion of the sale, the chief operating officer directly owned 120,713 shares of the company’s stock, valued at approximately $10,865,377.13. This trade represents a 39.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Siphelele Jiyane sold 26,980 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $72.19, for a total value of $1,947,686.20. Following the sale, the chief accounting officer directly owned 188,711 shares of the company’s stock, valued at $13,623,047.09. The trade was a 12.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 280,118 shares of company stock worth $22,223,307. Company insiders own 11.01% of the company’s stock.

Affirm Company Profile

(Free Report)

Affirm Holdings, Inc (NASDAQ: AFRM) operates a financial technology platform that provides consumers with flexible payment options at the point of sale. Its services allow shoppers to split eligible purchases into scheduled installments, with terms and costs disclosed before a transaction is completed.

Affirm’s platform is available through online and mobile checkout experiences, as well as through the Affirm app. Its product offerings include buy now, pay later financing, the Affirm Card, and savings products.