Affirm Holdings, Inc. $AFRM Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC trimmed its holdings in Affirm Holdings, Inc. (NASDAQ:AFRM) by 1.8% during the second quarter, HoldingsChannel.com reports. The firm owned 11,506 shares of the company’s stock after selling 206 shares during the period. Sequoia Financial Advisors LLC’s holdings in Affirm were worth $796,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Allworth Financial LP raised its position in shares of Affirm by 63.7% in the 1st quarter. Allworth Financial LP now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 219 shares in the last quarter. UMB Bank n.a. raised its position in shares of Affirm by 86.6% in the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company’s stock valued at $39,000 after purchasing an additional 264 shares in the last quarter. Sound Income Strategies LLC acquired a new position in shares of Affirm in the 2nd quarter valued at approximately $59,000. SVB Wealth LLC acquired a new stake in shares of Affirm during the 1st quarter valued at approximately $47,000. Finally, Farther Finance Advisors LLC raised its position in shares of Affirm by 15.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,300 shares of the company’s stock valued at $90,000 after acquiring an additional 175 shares in the last quarter. 69.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Katherine Adkins sold 59,267 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $75.02, for a total value of $4,446,210.34. Following the completion of the transaction, the insider owned 113,400 shares of the company’s stock, valued at approximately $8,507,268. This represents a 34.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Siphelele Jiyane sold 25,533 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $90.71, for a total value of $2,316,098.43. Following the completion of the transaction, the chief accounting officer directly owned 226,467 shares of the company’s stock, valued at approximately $20,542,821.57. The trade was a 10.13% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,844,552 shares of company stock valued at $154,885,240. Company insiders own 11.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AFRM shares. BTIG Research lowered Affirm from a “buy” rating to a “neutral” rating in a research report on Monday, July 14th. Rothschild Redb raised Affirm from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. upped their price target on Affirm from $91.00 to $94.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Affirm in a research report on Tuesday, September 23rd. Finally, Redburn Partners set a $101.00 price target on Affirm in a research report on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Affirm Stock Performance

Shares of NASDAQ AFRM opened at $67.90 on Friday. The company has a current ratio of 11.54, a quick ratio of 11.54 and a debt-to-equity ratio of 2.55. The stock has a 50 day simple moving average of $79.79 and a 200-day simple moving average of $64.88. The company has a market cap of $22.11 billion, a PE ratio of 522.35, a P/E/G ratio of 4.45 and a beta of 3.58. Affirm Holdings, Inc. has a 12-month low of $30.90 and a 12-month high of $100.00.

Affirm (NASDAQ:AFRM) last issued its quarterly earnings data on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.09. The business had revenue of $876.42 million during the quarter, compared to the consensus estimate of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The business’s revenue was up 32.9% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.14) earnings per share. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities research analysts forecast that Affirm Holdings, Inc. will post -0.18 EPS 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.