Affirm Holdings, Inc. $AFRM Shares Sold by Voleon Capital Management LP

Voleon Capital Management LP trimmed its stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 73.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,480 shares of the company’s stock after selling 35,215 shares during the quarter. Voleon Capital Management LP’s holdings in Affirm were worth $564,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AFRM. Allworth Financial LP grew its stake 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 buying an additional 219 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Affirm during the first quarter valued at $47,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Affirm by 3,637.8% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,383 shares of the company’s stock worth $62,000 after acquiring an additional 1,346 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of Affirm during the first quarter worth about $69,000. Finally, CoreCap Advisors LLC increased its holdings in shares of Affirm by 11,810.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,191 shares of the company’s stock worth $73,000 after acquiring an additional 1,181 shares during the period. Institutional investors and hedge funds own 69.29% of the company’s stock.

Affirm Stock Performance

Shares of NASDAQ AFRM opened at $88.42 on Wednesday. Affirm Holdings, Inc. has a 1 year low of $30.90 and a 1 year high of $100.00. The company has a debt-to-equity ratio of 2.55, a quick ratio of 11.54 and a current ratio of 11.54. The stock has a fifty day moving average price of $74.03 and a two-hundred day moving average price of $59.63. The firm has a market cap of $28.79 billion, a P/E ratio of 680.21, a PEG ratio of 5.60 and a beta of 3.64.

Affirm (NASDAQ:AFRM) last released its earnings results on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The firm had revenue of $876.42 million for the quarter, compared to analyst estimates of $834.94 million. During the same period in the previous year, the company earned ($0.14) earnings per share. Affirm’s revenue was up 32.9% compared to the same quarter last year. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Research analysts forecast that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on AFRM. Citigroup reissued an “outperform” rating on shares of Affirm in a research note on Friday, August 29th. Deutsche Bank Aktiengesellschaft initiated coverage on Affirm in a research report on Thursday, July 17th. They set a “buy” rating and a $78.00 price objective for the company. Jefferies Financial Group increased their price objective on Affirm from $82.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, August 26th. JPMorgan Chase & Co. lifted their target price on Affirm from $91.00 to $94.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, Barclays boosted their price target on Affirm from $67.00 to $80.00 and gave the stock an “overweight” rating in a research report on Monday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Affirm presently has an average rating of “Moderate Buy” and a consensus price target of $79.04.

Insiders Place Their Bets

In related news, Director Christa S. Quarles sold 15,000 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $93.00, for a total transaction of $1,395,000.00. Following the completion of the sale, the director directly owned 122,241 shares of the company’s stock, valued at $11,368,413. This represents a 10.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert O’hare sold 31,423 shares of Affirm stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total transaction of $2,617,535.90. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,260,497 shares of company stock worth $101,241,354. Company insiders own 11.82% of the company’s stock.

Affirm Company 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.