Holistic Financial Partners Sells 181 Shares of Affirm Holdings, Inc. (NASDAQ:AFRM)

Holistic Financial Partners lowered its holdings in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,624 shares of the company’s stock after selling 181 shares during the quarter. Holistic Financial Partners’ holdings in Affirm were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Spyglass Capital Management LLC lifted its position in Affirm by 9.3% during the third quarter. Spyglass Capital Management LLC now owns 2,348,095 shares of the company’s stock valued at $95,849,000 after purchasing an additional 200,449 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Affirm by 44.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,203,210 shares of the company’s stock valued at $89,935,000 after purchasing an additional 672,883 shares during the last quarter. Artemis Investment Management LLP lifted its position in Affirm by 2.1% during the fourth quarter. Artemis Investment Management LLP now owns 770,245 shares of the company’s stock valued at $46,908,000 after purchasing an additional 15,517 shares during the last quarter. Bank of Montreal Can lifted its position in Affirm by 269.7% during the third quarter. Bank of Montreal Can now owns 724,336 shares of the company’s stock valued at $29,814,000 after purchasing an additional 528,400 shares during the last quarter. Finally, Holocene Advisors LP bought a new position in Affirm during the third quarter valued at $27,872,000. Institutional investors own 69.29% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group upgraded shares of Affirm from a “hold” rating to a “buy” rating and raised their target price for the stock from $70.00 to $82.00 in a report on Thursday, December 19th. Mizuho raised their target price on shares of Affirm from $65.00 to $69.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Morgan Stanley raised their target price on shares of Affirm from $39.00 to $55.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 28th. Needham & Company LLC restated a “hold” rating on shares of Affirm in a report on Friday, February 7th. Finally, Susquehanna lowered shares of Affirm from a “positive” rating to a “neutral” rating and set a $57.00 target price for the company. in a report on Tuesday, January 21st. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.24.

Affirm Trading Down 8.1 %

NASDAQ AFRM opened at $68.55 on Monday. The company has a debt-to-equity ratio of 2.68, a quick ratio of 11.26 and a current ratio of 11.26. The company has a market capitalization of $21.80 billion, a price-to-earnings ratio of -105.46 and a beta of 3.66. The company’s 50-day simple moving average is $64.62 and its two-hundred day simple moving average is $53.08. Affirm Holdings, Inc. has a one year low of $22.25 and a one year high of $82.53.

Affirm (NASDAQ:AFRM) last posted its earnings results on Thursday, February 6th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.44. Affirm had a negative net margin of 7.10% and a negative return on equity of 7.25%. Equities analysts forecast that Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year.

Insider Transactions at Affirm

In other news, CFO Robert O’hare sold 13,965 shares of Affirm stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $68.57, for a total value of $957,580.05. Following the transaction, the chief financial officer now owns 668 shares of the company’s stock, valued at $45,804.76. The trade was a 95.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Noel Bertram Watson sold 2,500 shares of Affirm stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $72.05, for a total transaction of $180,125.00. Following the completion of the transaction, the director now directly owns 41,497 shares in the company, valued at approximately $2,989,858.85. The trade was a 5.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 579,111 shares of company stock valued at $40,020,081 in the last 90 days. Insiders own 12.41% of the company’s stock.

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.