Amanah Holdings Trust Makes New Investment in Affirm Holdings, Inc. $AFRM

Amanah Holdings Trust purchased a new position in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) in the second quarter, according to its most recent filing with the SEC. The firm purchased 519,230 shares of the company’s stock, valued at approximately $35,863,000. Affirm accounts for 8.9% of Amanah Holdings Trust’s portfolio, making the stock its 5th largest holding. Amanah Holdings Trust owned 0.16% of Affirm as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of AFRM. Ameriprise Financial Inc. grew its holdings in Affirm by 2.6% during the 4th quarter. Ameriprise Financial Inc. now owns 145,932 shares of the company’s stock worth $8,887,000 after acquiring an additional 3,672 shares during the period. Captrust Financial Advisors acquired a new stake in shares of Affirm in the 4th quarter valued at about $240,000. Cetera Investment Advisers grew its stake in shares of Affirm by 5.4% in the 4th quarter. Cetera Investment Advisers now owns 35,801 shares of the company’s stock valued at $2,180,000 after buying an additional 1,837 shares during the period. Deutsche Bank AG grew its stake in shares of Affirm by 2.6% in the 4th quarter. Deutsche Bank AG now owns 32,400 shares of the company’s stock valued at $1,973,000 after buying an additional 817 shares during the period. Finally, Lazard Asset Management LLC grew its stake in shares of Affirm by 20.6% in the 4th quarter. Lazard Asset Management LLC now owns 8,420 shares of the company’s stock valued at $511,000 after buying an additional 1,436 shares during the period. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Affirm Stock Up 2.1%

AFRM opened at $83.08 on Monday. The stock has a market cap of $27.06 billion, a PE ratio of 639.13, a P/E/G ratio of 5.39 and a beta of 3.64. The company has a quick ratio of 11.54, a current ratio of 11.54 and a debt-to-equity ratio of 2.55. Affirm Holdings, Inc. has a 52 week low of $30.90 and a 52 week high of $100.00. The business’s fifty day simple moving average is $74.89 and its 200 day simple moving average is $60.00.

Affirm (NASDAQ:AFRM) last released its earnings results on Thursday, August 28th. The company reported $0.20 EPS for the quarter, beating 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 business had revenue of $876.42 million for the quarter, compared to analysts’ expectations of $834.94 million. During the same quarter in the prior year, the firm earned ($0.14) earnings per share. The firm’s revenue was up 32.9% on a year-over-year basis. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, research analysts expect that Affirm Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Susquehanna raised their target price on Affirm from $65.00 to $76.00 and gave the company a “positive” rating in a research note on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Affirm in a research report on Thursday, July 17th. They set a “buy” rating and a $78.00 target price on the stock. Stephens assumed coverage on shares of Affirm in a report on Thursday, June 12th. They issued an “equal weight” rating and a $69.00 price target on the stock. Royal Bank Of Canada lifted their price objective on shares of Affirm from $75.00 to $97.00 and gave the company a “sector perform” rating in a research note on Friday, August 29th. Finally, Jefferies Financial Group lifted their price objective on shares of Affirm from $82.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $80.04.

Insider Buying and Selling at Affirm

In other Affirm news, insider Katherine Adkins sold 36,878 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $95.00, for a total transaction of $3,503,410.00. Following the completion of the sale, the insider directly owned 113,400 shares in the company, valued at $10,773,000. This represents a 24.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Max R. Levchin sold 499,223 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $80.17, for a total transaction of $40,022,707.91. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,257,997 shares of company stock valued at $101,089,204. 11.82% 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.