Mitsubishi UFJ Asset Management Co. Ltd. Has $10.78 Million Holdings in Affirm Holdings, Inc. $AFRM

Mitsubishi UFJ Asset Management Co. Ltd. decreased its holdings in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 9.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,933 shares of the company’s stock after selling 17,200 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Affirm were worth $10,781,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Affirm by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 23,272,997 shares of the company’s stock worth $1,051,707,000 after buying an additional 1,457,434 shares in the last quarter. Durable Capital Partners LP increased its position in shares of Affirm by 12.3% in the first quarter. Durable Capital Partners LP now owns 6,580,882 shares of the company’s stock valued at $297,390,000 after acquiring an additional 722,599 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position 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 acquiring an additional 2,657,074 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Affirm by 0.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,279,218 shares of the company’s stock worth $102,998,000 after acquiring an additional 7,160 shares in the last quarter. Finally, Lord Abbett & CO. LLC boosted its position in Affirm by 1,137.5% during the first 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 last quarter. Institutional investors own 69.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on AFRM shares. Oppenheimer set a $80.00 price target on Affirm and gave the stock an “outperform” rating in a research report on Monday, July 21st. Wells Fargo & Company initiated coverage on Affirm in a report on Tuesday, October 21st. They issued an “overweight” rating and a $89.00 price objective for the company. Bank of America boosted their target price on shares of Affirm from $94.00 to $98.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Morgan Stanley dropped their price target on shares of Affirm from $90.00 to $83.00 and set an “equal weight” rating on the stock in a research report on Friday, November 7th. Finally, Evercore ISI reiterated an “outperform” rating on shares of Affirm in a research note on Tuesday, September 16th. 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 stock. According to MarketBeat.com, Affirm presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.78.

Insider Buying and Selling

In related news, insider Katherine Adkins sold 36,878 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $95.00, for a total value of $3,503,410.00. Following the completion of the sale, the insider directly owned 113,400 shares in the company, valued at approximately $10,773,000. The trade was a 24.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Siphelele Jiyane sold 12,500 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $85.42, for a total value of $1,067,750.00. Following the transaction, the chief accounting officer owned 213,967 shares in the company, valued at approximately $18,277,061.14. This trade represents a 5.52% 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 in the last quarter. Corporate insiders own 11.01% of the company’s stock.

Affirm Stock Up 5.1%

AFRM opened at $78.95 on Thursday. The stock’s fifty day simple moving average is $77.79 and its 200 day simple moving average is $69.03. Affirm Holdings, Inc. has a 1-year low of $30.90 and a 1-year high of $100.00. The stock has a market cap of $25.71 billion, a PE ratio of 117.84, a price-to-earnings-growth ratio of 3.87 and a beta of 3.57. The company has a current ratio of 12.80, a quick ratio of 11.54 and a debt-to-equity ratio of 2.40.

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

About Affirm

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.