<div id="readability-page-1"><p>Qube Research &amp; Technologies Ltd trimmed its position in  Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) by 56.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor  owned 1,270,279 shares of the company's stock after selling 1,644,545 shares during the quarter. Qube Research &amp; Technologies Ltd owned 0.39% of Affirm worth $87,827,000 at the end of the most recent reporting period.</p><ul><li>Affirm Just Crushed Earnings—But Can It Outrun Klarna’s Scale?</li></ul><p>Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of  Affirm by 4.0% in the 2nd quarter. Vanguard Group Inc. now owns 24,195,810 shares of the company's stock valued at $1,672,898,000 after buying an additional 922,813 shares in the last quarter.  Durable Capital Partners LP grew its stake in shares of  Affirm by 12.3% in the 1st quarter. Durable Capital Partners LP now owns 6,580,882 shares of the company's stock valued at $297,390,000 after purchasing an additional 722,599 shares during the period.  Geode Capital Management LLC raised its holdings in shares of  Affirm by 5.8% in the 2nd quarter. Geode Capital Management LLC now owns 4,659,287 shares of the company's stock worth $322,195,000 after buying an additional 254,359 shares in the last quarter.  Price T Rowe Associates Inc. MD lifted its position in shares of  Affirm by 140.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,544,132 shares of the company's stock worth $205,350,000 after buying an additional 2,657,074 shares during the period.  Finally, State Street Corp boosted its stake in  Affirm by 3.8% in the 2nd quarter. State Street Corp now owns 4,454,300 shares of the company's stock valued at $307,970,000 after buying an additional 161,522 shares in the last quarter. 69.29% of the stock is owned by institutional investors. </p><h2>Affirm Price Performance</h2><p>Shares of AFRM stock opened at $70.86 on Thursday. Affirm Holdings, Inc. has a 1 year low of $30.90 and a 1 year high of $100.00. The company has a current ratio of 12.80, a quick ratio of 12.80 and a debt-to-equity ratio of 2.40. The firm's 50 day moving average is $71.37 and its 200-day moving average is $71.42. The firm has a market capitalization of $23.39 billion, a price-to-earnings ratio of 105.76, a PEG ratio of 3.09 and a beta of 3.57. </p><ul><li>Affirm's New York Life Deal: A Game-Changing Stamp of Approval</li></ul><p>Affirm (NASDAQ:AFRM - Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.12. The firm had revenue of $933.34 million during the quarter, compared to analysts' expectations of $881.83 million. Affirm had a net margin of 6.74% and a return on equity of 7.75%. Affirm's revenue was up 33.6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.31) EPS.  Sell-side analysts forecast that  Affirm Holdings, Inc. will post -0.18 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><p>Several research analysts have issued reports on AFRM shares. Morgan Stanley dropped their price objective on Affirm from $90.00 to $83.00 and set an &#34;equal weight&#34; rating for the company in a research note on Friday, November 7th. Citigroup upgraded shares of Affirm to a &#34;strong-buy&#34; rating in a research report on Thursday, October 23rd. Wolfe Research assumed coverage on shares of Affirm in a report on Tuesday. They set a &#34;peer perform&#34; rating for the company. Rothschild &amp; Co Redburn raised shares of Affirm from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and upped their price objective for the stock from $74.00 to $101.00 in a research note on Monday, October 6th. Finally, The Goldman Sachs Group cut their target price on shares of Affirm from $105.00 to $94.00 and set a &#34;buy&#34; rating for the company in a research note on Monday, October 13th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued  a Buy rating and eleven have issued  a Hold rating to the company's stock. According to data from MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $86.57.</p><ul><li>3 Fintech Stocks That Are Set to Rise as Rates Fall</li></ul><p><b>Check Out Our Latest Analysis on AFRM</b></p><h2>Insider Transactions at Affirm</h2><p>In other Affirm news, CAO Siphelele Jiyane sold 12,500 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $85.42, for a total value of $1,067,750.00. Following the transaction, the chief accounting officer directly owned 213,967 shares of the company's stock, valued at approximately $18,277,061.14. This trade represents a 5.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert O'hare sold 8,189 shares of Affirm stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $70.00, for a total transaction of $573,230.00. Following the sale, the chief financial officer directly owned 1,368 shares of the company's stock, valued at $95,760. This represents a 85.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 672,402 shares of company stock worth $59,819,400 in the last quarter. 11.01% of the stock is owned by company insiders. </p><h2>Affirm Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Affirm</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>TSX Venture Exchange (Formerly Canadian Venture Exchange)</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><strong>Want to see what other hedge funds are holding AFRM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUZSTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUZSTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Affirm Right Now?</h2><p>Before you consider Affirm, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Affirm wasn't on the list.</p><p>While Affirm currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AFRM

<p>Qube Research & Technologies Ltd reduced its stake in Affirm Holdings, Inc. by 56.4% in Q2, now holding 1,270,279 shares worth $87.83 million. Other institutional investors like Vanguard, Durable Capital, and Geode Capital also adjusted their positions in Affirm. Affirm's stock opened at $70.86, with a market cap of $23.39 billion. Analysts have mixed ratings, with a consensus price target of $86.57.</p>

Qube Research & Technologies Ltd Has $87.83 Million Holdings in Affirm Holdings, Inc. $AFRM