Entropy Applied sciences LP bought a brand new place in shares of Affirm Holdings, Inc. (NASDAQ:AFRM – Free Report) within the third quarter, HoldingsChannel.com stories. The fund bought 11,364 shares of the corporate’s inventory, valued at roughly $464,000.
A number of different institutional buyers have additionally added to or decreased their stakes in AFRM. Oppenheimer & Co. Inc. acquired a brand new stake in shares of Affirm through the first quarter value $265,000. US Bancorp DE raised its stake in Affirm by 5.6% within the 1st quarter. US Bancorp DE now owns 17,166 shares of the corporate’s inventory value $640,000 after buying a further 914 shares within the final quarter. Avantax Advisory Companies Inc. purchased a brand new stake in Affirm within the 1st quarter valued at about $258,000. Lord Abbett & CO. LLC boosted its holdings in Affirm by 1.8% within the 1st quarter. Lord Abbett & CO. LLC now owns 112,896 shares of the corporate’s inventory valued at $4,207,000 after buying a further 2,033 shares through the interval. Lastly, Pinkerton Retirement Specialists LLC purchased a brand new place in shares of Affirm through the first quarter value roughly $221,000. 69.29% of the inventory is presently owned by institutional buyers.
Wall Road Analysts Forecast Progress
A lot of equities analysis analysts just lately issued stories on the corporate. Barclays elevated their worth goal on Affirm from $50.00 to $54.00 and gave the inventory an “obese” score in a analysis report on Monday, September twenty third. Morgan Stanley upgraded Affirm from an “underweight” score to an “equal weight” score and raised their worth goal for the inventory from $22.00 to $37.00 in a analysis report on Wednesday, October ninth. The Goldman Sachs Group boosted their worth goal on Affirm from $46.00 to $54.00 and gave the corporate a “purchase” score in a analysis observe on Monday, October 14th. Needham & Firm LLC reiterated a “maintain” score on shares of Affirm in a analysis observe on Friday, September sixth. Lastly, Mizuho restated an “outperform” score and issued a $65.00 goal worth on shares of Affirm in a analysis report on Tuesday, August twenty seventh. One equities analysis analyst has rated the inventory with a promote score, 9 have issued a maintain score and 9 have assigned a purchase score to the corporate. Based mostly on information from MarketBeat, the corporate presently has a consensus score of “Maintain” and a consensus worth goal of $46.03.
Get Our Newest Evaluation on Affirm
Affirm Inventory Up 5.5 %
Shares of NASDAQ AFRM opened at $56.15 on Friday. The corporate has a 50 day easy shifting common of $44.49 and a 200 day easy shifting common of $35.66. The corporate has a debt-to-equity ratio of two.50, a present ratio of 12.60 and a fast ratio of 12.60. Affirm Holdings, Inc. has a 1 12 months low of $22.25 and a 1 12 months excessive of $59.27. The agency has a market cap of $17.47 billion, a PE ratio of -39.54 and a beta of three.47.
Affirm (NASDAQ:AFRM – Get Free Report) final issued its quarterly earnings outcomes on Thursday, November seventh. The corporate reported ($0.31) EPS for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.05. The corporate had income of $698.48 million for the quarter, in comparison with analyst estimates of $661.39 million. Affirm had a damaging internet margin of 17.67% and a damaging return on fairness of 12.57%. Throughout the identical quarter within the earlier 12 months, the enterprise earned ($0.57) earnings per share. On common, analysis analysts forecast that Affirm Holdings, Inc. will submit -0.6 EPS for the present 12 months.
Insider Shopping for and Promoting at Affirm
In associated information, insider Katherine Adkins bought 200,000 shares of the enterprise’s inventory in a transaction on Monday, November eleventh. The shares had been bought at a median worth of $55.05, for a complete worth of $11,010,000.00. Following the transaction, the insider now owns 93,545 shares within the firm, valued at $5,149,652.25. The commerce was a 68.13 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the Securities & Change Fee, which is accessible at this hyperlink. Additionally, CFO Robert O’hare bought 100,938 shares of the corporate’s inventory in a transaction on Monday, November eleventh. The shares had been bought at a median worth of $55.00, for a complete transaction of $5,551,590.00. The disclosure for this sale will be discovered right here. Within the final quarter, insiders have bought 403,738 shares of firm inventory value $21,115,878. Insiders personal 12.41% of the corporate’s inventory.
About Affirm
Affirm Holdings, Inc operates a platform for digital and mobile-first commerce in america, Canada, and internationally. The corporate’s platform contains point-of-sale cost answer for shoppers, service provider commerce options, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets companions permits shoppers to pay for a purchase order over time with phrases ranging as much as 60 months.
Featured Tales
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