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Affirm Holdings Inc (AFRM) – Don’t Be So Quick to Call it Dead

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Affirm Holdings Inc (NASDAQ: AFRM) is 25.42% higher on its value in year-to-date trading and has touched a low of $22.25 and a high of $82.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AFRM stock was last observed hovering at around $80.98 in the last trading session, with the day’s loss setting it -4.6%.

Currently trading at $76.38, the stock is 14.70% and 17.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.01 million and changing -5.68% at the moment leaves the stock 69.87% off its SMA200. AFRM registered 83.78% gain for a year compared to 6-month gain of 168.47%.

The stock witnessed a 31.71% loss in the last 1 month and extending the period to 3 months gives it a 43.54%, and is -2.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.56% over the week and 5.57% over the month.

Affirm Holdings Inc (AFRM) has around 2006 employees, a market worth around $24.29B and $2.80B in sales. Fwd P/E is 121.48. Profit margin for the company is -7.10%. Distance from 52-week low is 243.28% and -7.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.03%).

The EPS is expected to grow by 98.99% this year

The shares outstanding are 274.93M, and float is at 263.32M with Short Float at 5.74%.

The top institutional shareholder in the company is MORGAN STANLEY with over 30.55 million shares valued at $922.78 million. The investor’s holdings represent 9.7706 of the AFRM Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 23.76 million shares valued at $717.77 million to account for 7.5311 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 21.04 million shares representing 6.7292 and valued at over $635.53 million, while CAPITAL WORLD INVESTORS holds 5.9616 of the shares totaling 18.81 million with a market value of $568.18 million.

Affirm Holdings Inc (AFRM) Insider Activity

The most recent transaction is an insider sale by Quarles Christa S, the company’s Director. SEC filings show that Quarles Christa S sold 5,000 shares of the company’s common stock on Feb 14 ’25 at a price of $80.00 per share for a total of $0.4 million. Following the sale, the insider now owns 0.14 million shares.

Still, SEC filings show that on Feb 03 ’25, Rabois Keith (Director) disposed off 16,086 shares at an average price of $60.12 for $0.97 million. The insider now directly holds 77,608 shares of Affirm Holdings Inc (AFRM).

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