Yeomans Consulting Group Inc. purchased a new stake in Affirm Holdings, Inc. (NASDAQ:AFRM – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,145 shares of the company’s stock, valued at approximately $313,000.
Several other large investors have also recently modified their holdings of AFRM. ORG Wealth Partners LLC bought a new stake in shares of Affirm in the third quarter worth $29,000. Advisors Asset Management Inc. increased its stake in shares of Affirm by 168.2% in the third quarter. Advisors Asset Management Inc. now owns 1,070 shares of the company’s stock valued at $44,000 after buying an additional 671 shares during the period. Venturi Wealth Management LLC lifted its stake in shares of Affirm by 200.5% in the third quarter. Venturi Wealth Management LLC now owns 1,097 shares of the company’s stock worth $45,000 after acquiring an additional 732 shares during the period. Hanseatic Management Services Inc. bought a new stake in Affirm in the third quarter valued at approximately $65,000. Finally, Brooklyn Investment Group acquired a new stake in Affirm during the 3rd quarter valued at approximately $78,000. Institutional investors own 69.29% of the company’s stock.
Insider Activity
In related news, Director Keith Rabois sold 16,086 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $62.32, for a total transaction of $1,002,479.52. Following the sale, the director now directly owns 93,694 shares in the company, valued at approximately $5,839,010.08. The trade was a 14.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Katherine Adkins sold 200,000 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $55.05, for a total value of $11,010,000.00. Following the sale, the insider now directly owns 93,545 shares in the company, valued at $5,149,652.25. This trade represents a 68.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,323,478 shares of company stock valued at $86,285,371 in the last 90 days. Insiders own 12.41% of the company’s stock.
Analyst Ratings Changes
View Our Latest Report on Affirm
Affirm Trading Up 0.6 %
NASDAQ:AFRM opened at $56.76 on Friday. Affirm Holdings, Inc. has a 52 week low of $22.25 and a 52 week high of $73.34. The firm has a 50-day moving average price of $64.09 and a two-hundred day moving average price of $46.83. The company has a debt-to-equity ratio of 2.50, a quick ratio of 12.60 and a current ratio of 12.60. The firm has a market cap of $17.83 billion, a price-to-earnings ratio of -39.97 and a beta of 3.67.
Affirm (NASDAQ:AFRM – Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.05. The business had revenue of $698.48 million during the quarter, compared to the consensus estimate of $661.39 million. Affirm had a negative net margin of 17.67% and a negative return on equity of 12.57%. During the same quarter last year, the company posted ($0.57) earnings per share. On average, equities analysts expect that Affirm Holdings, Inc. will post -0.62 earnings per share for the current fiscal year.
Affirm Company 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.
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