Affirm Holdings, Inc. $AFRM Shares Bought by Blume Capital Management Inc.

Blume Capital Management Inc. increased its stake in Affirm Holdings, Inc. (NASDAQ:AFRM) by 468.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 455 shares of the company’s stock after buying an additional 375 shares during the quarter. Blume Capital Management Inc.’s holdings in Affirm were worth $31,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Allworth Financial LP lifted its position in shares of Affirm by 63.7% during the first quarter. Allworth Financial LP now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 219 shares in the last quarter. UMB Bank n.a. lifted its holdings in Affirm by 86.6% in the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company’s stock worth $39,000 after buying an additional 264 shares in the last quarter. Sound Income Strategies LLC purchased a new position in Affirm in the 2nd quarter valued at about $59,000. SVB Wealth LLC purchased a new position in Affirm in the 1st quarter valued at about $47,000. Finally, Bogart Wealth LLC grew its stake in shares of Affirm by 134.6% during the second quarter. Bogart Wealth LLC now owns 1,213 shares of the company’s stock valued at $84,000 after acquiring an additional 696 shares in the last quarter. 69.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Affirm

In related news, CFO Robert O’hare sold 77,800 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $80.09, for a total value of $6,231,002.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Michael Linford sold 184,200 shares of Affirm stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $80.09, for a total transaction of $14,752,578.00. Following the completion of the sale, the chief operating officer owned 109,840 shares in the company, valued at approximately $8,797,085.60. This represents a 62.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,844,552 shares of company stock valued at $154,885,240. Corporate insiders own 11.82% of the company’s stock.

Affirm Stock Up 3.3%

NASDAQ:AFRM opened at $74.49 on Wednesday. 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 moving average of $79.72 and a 200-day moving average of $65.38. The firm has a market capitalization of $24.26 billion, a PE ratio of 573.04, a price-to-earnings-growth ratio of 4.64 and a beta of 3.58. Affirm Holdings, Inc. has a 52 week low of $30.90 and a 52 week high of $100.00.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data 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. The business had revenue of $876.42 million during the quarter, compared to analyst estimates of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The business’s revenue for the quarter was up 32.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.14) EPS. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts predict that Affirm Holdings, Inc. will post -0.18 EPS for the current year.

Analysts Set New Price Targets

AFRM has been the subject of several research analyst reports. Redburn Partners set a $101.00 target price on shares of Affirm in a research report on Monday, October 6th. Redburn Atlantic raised Affirm to a “hold” rating in a report on Friday, August 1st. The Goldman Sachs Group cut their price objective on Affirm from $105.00 to $94.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Truist Financial lifted their target price on Affirm from $72.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, Mizuho boosted their price target on Affirm from $70.00 to $108.00 and gave the company an “outperform” rating in a report on Tuesday, September 2nd. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Affirm presently has a consensus rating of “Moderate Buy” and an average price target of $87.00.

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.