Prime Capital Investment Advisors LLC Invests $224,000 in Affirm Holdings, Inc. $AFRM

Prime Capital Investment Advisors LLC purchased a new position in Affirm Holdings, Inc. (NASDAQ:AFRM) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,233 shares of the company’s stock, valued at approximately $224,000.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Affirm by 6.7% in the 1st quarter. Vanguard Group Inc. now owns 23,272,997 shares of the company’s stock worth $1,051,707,000 after acquiring an additional 1,457,434 shares during the period. Durable Capital Partners LP lifted its stake in shares of Affirm by 12.3% in the 1st quarter. Durable Capital Partners LP now owns 6,580,882 shares of the company’s stock worth $297,390,000 after acquiring an additional 722,599 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Affirm by 140.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,544,132 shares of the company’s stock worth $205,350,000 after acquiring an additional 2,657,074 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Affirm by 0.3% in the 1st 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 during the period. Finally, Lord Abbett & CO. LLC lifted its stake in shares of Affirm by 1,137.5% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,282,663 shares of the company’s stock worth $57,964,000 after acquiring an additional 1,179,016 shares during the period. 69.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Affirm

In other Affirm news, CEO Max R. Levchin sold 651,713 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $89.27, for a total value of $58,178,419.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robert O’hare sold 31,423 shares of the 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. Insiders have sold 1,844,552 shares of company stock valued at $154,885,240 over the last three months. 11.82% of the stock is owned by insiders.

Affirm Stock Down 8.2%

AFRM stock opened at $71.14 on Monday. Affirm Holdings, Inc. has a 52-week low of $30.90 and a 52-week high of $100.00. The company’s 50 day simple moving average is $80.23 and its 200-day simple moving average is $64.13. The company has a debt-to-equity ratio of 2.55, a current ratio of 11.54 and a quick ratio of 11.54. The firm has a market capitalization of $23.17 billion, a P/E ratio of 547.27, a P/E/G ratio of 4.71 and a beta of 3.58.

Affirm (NASDAQ:AFRM) last released its quarterly earnings results on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. Affirm had a net margin of 1.62% and a return on equity of 1.80%. The business had revenue of $876.42 million for the quarter, compared to analyst estimates of $834.94 million. During the same quarter in the previous year, the business earned ($0.14) earnings per share. The firm’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. As a group, equities research analysts anticipate that Affirm Holdings, Inc. will post -0.18 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on AFRM. Mizuho increased their target price on shares of Affirm from $70.00 to $108.00 and gave the company an “outperform” rating in a research note on Tuesday, September 2nd. Citigroup reissued an “outperform” rating on shares of Affirm in a research note on Friday, August 29th. Rothschild & Co Redburn raised shares of Affirm from a “neutral” rating to a “buy” rating and increased their target price for the company from $74.00 to $101.00 in a research note on Monday, October 6th. Redburn Atlantic raised shares of Affirm to a “hold” rating in a research note on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Affirm in a research note on Thursday, July 17th. They set a “buy” rating and a $78.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $82.65.

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.