Ameliora Wealth Management Ltd. Makes New Investment in Affirm Holdings, Inc. $AFRM

Ameliora Wealth Management Ltd. bought a new stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,950 shares of the company’s stock, valued at approximately $757,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allworth Financial LP boosted its position in shares of Affirm by 63.7% in the first quarter. Allworth Financial LP now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 219 shares during the period. UMB Bank n.a. increased its holdings in Affirm by 86.6% during the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company’s stock worth $39,000 after acquiring an additional 264 shares during the period. SVB Wealth LLC purchased a new stake in Affirm in the 1st quarter worth approximately $47,000. Sound Income Strategies LLC bought a new position in Affirm in the 2nd quarter valued at $59,000. Finally, First Horizon Advisors Inc. bought a new position in Affirm in the 1st quarter valued at $69,000. 69.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Robert O’hare sold 77,800 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $80.09, for a total transaction of $6,231,002.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Max R. Levchin sold 651,713 shares of Affirm stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $89.27, for a total transaction of $58,178,419.51. The disclosure for this sale can be found here. In the last three months, insiders sold 1,844,552 shares of company stock valued at $154,885,240. Insiders own 11.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AFRM. Rothschild & Co Redburn raised shares of Affirm from a “neutral” rating to a “buy” rating and upped their price target for the stock from $74.00 to $101.00 in a report on Monday. Jefferies Financial Group boosted their target price on Affirm from $82.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. Bank of America upped their target price on Affirm from $90.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Wall Street Zen downgraded Affirm from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Truist Financial upped their price objective on shares of Affirm from $72.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $82.04.

Affirm Trading Up 1.4%

Shares of AFRM stock opened at $75.86 on Tuesday. The business has a 50-day moving average price of $79.63 and a two-hundred day moving average price of $63.42. Affirm Holdings, Inc. has a 12-month low of $30.90 and a 12-month high of $100.00. The company has a quick ratio of 11.54, a current ratio of 11.54 and a debt-to-equity ratio of 2.55. The firm has a market cap of $24.70 billion, a P/E ratio of 583.58, a price-to-earnings-growth ratio of 4.86 and a beta of 3.58.

Affirm (NASDAQ:AFRM) last announced its quarterly earnings data on Thursday, August 28th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. The company had revenue of $876.42 million for the quarter, compared to analysts’ expectations of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.Affirm’s revenue for the quarter was up 32.9% compared to the same quarter last year. During the same period last year, the firm posted ($0.14) EPS. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities analysts anticipate that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

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.