Los Angeles Capital Management LLC Has $1.48 Million Stock Holdings in Affirm Holdings, Inc. $AFRM

Los Angeles Capital Management LLC grew its holdings in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 333.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,365 shares of the company’s stock after buying an additional 16,433 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Affirm were worth $1,477,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tabor Asset Management LP bought a new position in Affirm in the 2nd quarter valued at about $1,562,000. Penserra Capital Management LLC raised its stake in shares of Affirm by 22.7% in the second quarter. Penserra Capital Management LLC now owns 339,483 shares of the company’s stock worth $23,471,000 after purchasing an additional 62,862 shares during the last quarter. Wedbush Securities Inc. purchased a new position in shares of Affirm during the second quarter valued at approximately $240,000. SouthState Corp boosted its position in shares of Affirm by 190.5% during the second quarter. SouthState Corp now owns 427 shares of the company’s stock valued at $30,000 after buying an additional 280 shares during the last quarter. Finally, Rareview Capital LLC bought a new stake in Affirm during the second quarter worth $245,000. 69.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on AFRM shares. UBS Group raised their price objective on Affirm from $56.00 to $85.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. Susquehanna increased their target price on shares of Affirm from $65.00 to $76.00 and gave the company a “positive” rating in a report on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft began coverage on shares of Affirm in a report on Thursday, July 17th. They set a “buy” rating and a $78.00 price target on the stock. Evercore ISI reaffirmed an “outperform” rating on shares of Affirm in a research report on Tuesday, September 16th. Finally, Mizuho lifted their target price on shares of Affirm from $70.00 to $108.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 2nd. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $86.78.

Affirm Stock Performance

Shares of AFRM stock opened at $75.14 on Wednesday. The company has a debt-to-equity ratio of 2.40, a quick ratio of 11.54 and a current ratio of 12.80. The firm has a market cap of $24.47 billion, a price-to-earnings ratio of 112.15, a P/E/G ratio of 4.77 and a beta of 3.57. Affirm Holdings, Inc. has a 52 week low of $30.90 and a 52 week high of $100.00. The firm’s 50-day simple moving average is $77.92 and its two-hundred day simple moving average is $68.96.

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

Insider Transactions at Affirm

In related news, insider Katherine Adkins sold 36,878 shares of the business’s stock in a transaction dated 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 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Robert O’hare sold 31,423 shares of the stock in a transaction dated 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 is available in the SEC filing. Over the last 90 days, insiders sold 1,761,596 shares of company stock valued at $148,662,354. 11.01% of the stock is currently 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.