SBI Securities Co. Ltd. Sells 7,244 Shares of Affirm Holdings, Inc. $AFRM

SBI Securities Co. Ltd. decreased its holdings in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 19.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,526 shares of the company’s stock after selling 7,244 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Affirm were worth $2,041,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vise Technologies Inc. purchased a new position in shares of Affirm during the second quarter valued at $303,000. Allworth Financial LP grew its holdings in Affirm by 41.9% in the second quarter. Allworth Financial LP now owns 799 shares of the company’s stock valued at $55,000 after purchasing an additional 236 shares during the period. Campbell & CO Investment Adviser LLC purchased a new stake in Affirm during the 2nd quarter worth approximately $608,000. Los Angeles Capital Management LLC lifted its position in shares of Affirm by 333.2% in the second quarter. Los Angeles Capital Management LLC now owns 21,365 shares of the company’s stock valued at $1,477,000 after acquiring an additional 16,433 shares in the last quarter. Finally, Tabor Asset Management LP purchased a new stake in shares of Affirm during the second quarter worth $1,562,000. 69.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AFRM shares. Oppenheimer set a $80.00 price target on shares of Affirm and gave the company an “outperform” rating in a research note on Monday, July 21st. Bank of America lifted their price objective on shares of Affirm from $94.00 to $98.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Truist Financial cut their target price on Affirm from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Redburn Partners set a $101.00 price target on Affirm in a research note on Monday, October 6th. Finally, Royal Bank Of Canada reduced their price target on Affirm from $97.00 to $87.00 and set a “sector perform” rating for the company in a report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $86.78.

Affirm Price Performance

AFRM stock opened at $78.95 on Thursday. The stock has a 50-day moving average price of $77.79 and a two-hundred day moving average price of $69.03. The company 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. 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.

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

Insider Buying and Selling at Affirm

In related news, insider Katherine Adkins sold 36,878 shares of the company’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $95.00, for a total transaction of $3,503,410.00. Following the completion of the transaction, the insider directly owned 113,400 shares in the company, valued at $10,773,000. This represents a 24.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Siphelele Jiyane sold 12,500 shares of the stock in a transaction dated 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 directly owned 213,967 shares in the company, valued at approximately $18,277,061.14. This trade represents a 5.52% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,761,596 shares of company stock worth $148,662,354. 11.01% of the stock is owned by insiders.

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.