Flagship Harbor Advisors LLC Purchases Shares of 32,947 Affirm Holdings, Inc. $AFRM

Flagship Harbor Advisors LLC purchased a new stake in Affirm Holdings, Inc. (NASDAQ:AFRM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 32,947 shares of the company’s stock, valued at approximately $2,408,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Yousif Capital Management LLC raised its position in Affirm by 5.1% in the 3rd quarter. Yousif Capital Management LLC now owns 3,243 shares of the company’s stock valued at $237,000 after buying an additional 158 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Affirm by 13.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,471 shares of the company’s stock worth $108,000 after acquiring an additional 171 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Affirm by 4.4% in the third quarter. GAMMA Investing LLC now owns 4,850 shares of the company’s stock valued at $354,000 after purchasing an additional 206 shares during the last quarter. Apollon Wealth Management LLC lifted its position in shares of Affirm by 3.5% in the third quarter. Apollon Wealth Management LLC now owns 6,335 shares of the company’s stock worth $463,000 after purchasing an additional 212 shares in the last quarter. Finally, Callan Family Office LLC lifted its position in shares of Affirm by 5.3% in the third quarter. Callan Family Office LLC now owns 4,455 shares of the company’s stock worth $326,000 after purchasing an additional 226 shares in the last quarter. 69.29% of the stock is owned by institutional investors and hedge funds.

Affirm News Roundup

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm beat quarterly EPS estimates, reporting $0.37 vs. the $0.28 consensus, marking an improvement year-over-year. Affirm Tops Q2 Earnings
• Positive Sentiment: Revenue jumped ~30% to $1.12 billion, driven by higher gross merchandise volume — evidence demand is scaling across merchants and consumers. Affirm Sales Jump
• Positive Sentiment: Management signaled stronger full‑year revenue guidance (reported as lifted in press coverage) and provided quarter-level revenue targets roughly in line with consensus — a partial affirmative on near-term growth assumptions. Guidance Lifted
• Positive Sentiment: Analyst sentiment is improving: Morgan Stanley raised its rating to Overweight, providing a near-term catalyst/support for the stock. MS Upgrade
• Neutral Sentiment: Company filed its earnings release, investor letter and slide deck; management will host a conference call/webcast to discuss results and outlook (useful for digging into loss drivers and margin cadence). Press Release
• Negative Sentiment: Shares fell after the results because credit losses widened during the quarter — investors are focused on loan-loss trends and potential pressure on future profitability. Credit Losses Widen
• Negative Sentiment: While revenue guidance was roughly in-line or slightly above some estimates, certain quarter-level outlook items were described as “in line,” which may have disappointed traders expecting a clearer beat or larger upward revision. Guidance Reaction

Affirm Stock Down 4.4%

Shares of AFRM stock opened at $59.42 on Friday. Affirm Holdings, Inc. has a 52-week low of $30.90 and a 52-week high of $100.00. The stock has a market cap of $19.61 billion, a price-to-earnings ratio of 88.69, a PEG ratio of 2.76 and a beta of 3.56. The firm’s 50-day moving average is $71.81 and its 200-day moving average is $74.24. The company has a debt-to-equity ratio of 2.40, a quick ratio of 12.80 and a current ratio of 12.80.

Affirm (NASDAQ:AFRM) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.09. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. Affirm had a return on equity of 7.75% and a net margin of 6.74%.The business’s revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 earnings per share. Sell-side 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 a number of analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Affirm in a research report on Monday, December 29th. BTIG Research restated a “neutral” rating on shares of Affirm in a research note on Wednesday, December 17th. Truist Financial lowered their target price on Affirm from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. TD Cowen reiterated a “buy” rating on shares of Affirm in a report on Thursday, January 8th. Finally, The Goldman Sachs Group reduced their price target on Affirm from $105.00 to $94.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $89.16.

Insiders Place Their Bets

In related news, CFO Robert O’hare sold 36,401 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $80.00, for a total value of $2,912,080.00. Following the sale, the chief financial officer owned 1,368 shares in the company, valued at approximately $109,440. This represents a 96.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Max R. Levchin sold 666,666 shares of Affirm stock in a transaction on Monday, January 5th. The stock was sold at an average price of $80.62, for a total transaction of $53,746,612.92. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 711,256 shares of company stock worth $57,231,923. 11.01% of the stock is owned by company insiders.

About Affirm

Affirm Holdings, Inc is a financial technology company that provides point-of-sale consumer lending and payments solutions for online and in-store purchases. Its core product is a buy-now-pay-later (BNPL) platform that enables consumers to split purchases into fixed, transparent installment loans with no hidden fees. Affirm offers a range of financing options through merchant integrations, a consumer-facing mobile app and virtual card capabilities, and tools for merchants to offer alternative payment methods at checkout.