Yeomans Consulting Group Inc. Purchases Shares of 5,145 Affirm Holdings, Inc. (NASDAQ:AFRM)

Yeomans Consulting Group Inc. purchased a new stake in shares of Affirm Holdings, Inc. (NASDAQ:AFRM) in the fourth quarter, Holdings Channel.com reports. The firm purchased 5,145 shares of the company’s stock, valued at approximately $313,000.

Several other institutional investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its position in Affirm by 9.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,713 shares of the company’s stock worth $713,000 after buying an additional 1,015 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Affirm by 13.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 77,500 shares of the company’s stock valued at $4,720,000 after acquiring an additional 8,950 shares during the last quarter. Ballentine Partners LLC purchased a new position in shares of Affirm during the fourth quarter worth about $249,000. Diversify Advisory Services LLC increased its position in shares of Affirm by 8.7% in the fourth quarter. Diversify Advisory Services LLC now owns 116,743 shares of the company’s stock worth $7,110,000 after purchasing an additional 9,364 shares during the last quarter. Finally, Artemis Investment Management LLP raised its stake in Affirm by 2.1% in 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 in the last quarter. Institutional investors own 69.29% of the company’s stock.

Affirm Stock Up 0.6 %

Shares of NASDAQ AFRM opened at $56.76 on Friday. The company has a market cap of $17.83 billion, a price-to-earnings ratio of -39.97 and a beta of 3.67. The company has a quick ratio of 12.60, a current ratio of 12.60 and a debt-to-equity ratio of 2.50. The firm’s fifty day moving average is $64.09 and its 200 day moving average is $46.83. Affirm Holdings, Inc. has a 52 week low of $22.25 and a 52 week high of $73.34.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.05. The firm had revenue of $698.48 million for the quarter, compared to analysts’ expectations 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 in the previous year, the company earned ($0.57) earnings per share. On average, equities research analysts expect that Affirm Holdings, Inc. will post -0.62 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on AFRM shares. The Goldman Sachs Group boosted their price target on shares of Affirm from $57.00 to $78.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Needham & Company LLC reiterated a “hold” rating on shares of Affirm in a research report on Wednesday. JMP Securities upgraded Affirm from a “market perform” rating to an “outperform” rating and set a $78.00 price target on the stock in a research report on Friday, December 20th. Deutsche Bank Aktiengesellschaft lifted their price target on Affirm from $45.00 to $75.00 and gave the stock a “hold” rating in a research note on Monday, December 16th. Finally, BTIG Research upgraded Affirm from a “neutral” rating to a “buy” rating and set a $68.00 price objective on the stock in a research report on Tuesday, October 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $61.88.

Insider Buying and Selling at Affirm

In other news, President Libor Michalek sold 6,629 shares of Affirm stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $72.08, for a total transaction of $477,818.32. Following the sale, the president now owns 160,601 shares of the company’s stock, valued at approximately $11,576,120.08. The trade was a 3.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Robert O’hare sold 6,541 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $62.28, for a total transaction of $407,373.48. Following the transaction, the chief financial officer now owns 2,963 shares in the company, valued at $184,535.64. This represents a 68.82 % decrease in their position. The disclosure for this sale can be found here. Insiders 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.

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.