Affirm Holdings, Inc. (NASDAQ:AFRM – Get Free Report) insider Katherine Adkins sold 82,316 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $45.00, for a total transaction of $3,704,220.00. Following the completion of the sale, the insider now owns 91,499 shares in the company, valued at $4,117,455. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Katherine Adkins also recently made the following trade(s):
- On Monday, September 16th, Katherine Adkins sold 6,084 shares of Affirm stock. The stock was sold at an average price of $45.00, for a total transaction of $273,780.00.
Affirm Stock Up 0.6 %
Affirm stock traded up $0.28 during trading hours on Wednesday, hitting $44.28. The company had a trading volume of 12,450,272 shares, compared to its average volume of 8,686,044. The firm’s fifty day moving average is $32.08 and its 200-day moving average is $32.53. The firm has a market capitalization of $13.69 billion, a P/E ratio of -19.86 and a beta of 3.51. Affirm Holdings, Inc. has a fifty-two week low of $15.97 and a fifty-two week high of $52.48. The company has a debt-to-equity ratio of 2.41, a current ratio of 13.07 and a quick ratio of 13.07.
Hedge Funds Weigh In On Affirm
Analysts Set New Price Targets
A number of brokerages recently weighed in on AFRM. The Goldman Sachs Group restated a “buy” rating and set a $42.00 target price on shares of Affirm in a report on Monday, June 24th. BTIG Research assumed coverage on Affirm in a research note on Friday, June 7th. They set a “neutral” rating for the company. Royal Bank of Canada boosted their target price on Affirm from $43.00 to $46.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 29th. JMP Securities started coverage on Affirm in a research report on Friday, June 28th. They issued a “market perform” rating for the company. Finally, Wedbush boosted their price objective on Affirm from $20.00 to $25.00 and gave the stock an “underperform” rating in a report on Thursday, August 29th. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Affirm presently has an average rating of “Hold” and an average target price of $34.32.
Get Our Latest Analysis on Affirm
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.
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