Stocks of Affirm Holdings Inc (NASDAQ:AFRM) traded higher last session on Wall Street, up 1.06% to $51.54.
AFRM stock price is now 7.08% away from the 50-day moving average and 3.24% away from the 200-day moving average. The market capitalization of the company currently stands at $16.63B.
With the price target of $50, TD Cowen recently initiated with Buy rating for Affirm Holdings Inc (NASDAQ: AFRM). , while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
In other news, Rabois Keith, Director sold 16,089 shares of the company’s stock on May 01 ’25. The stock was sold for $820,589 at an average price of $51.00. Upon completion of the transaction, the Director now directly owns 29,343 shares in the company, valued at $1.51 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Director Rabois Keith sold 16,088 shares of the business’s stock. A total of $730,520 was realized by selling the stock at an average price of $45.41. This leaves the insider owning 45,432 shares of the company worth $2.34 million. A total of 16.89% of the company’s stock is owned by insiders.
During the past 12 months, Affirm Holdings Inc has had a low of $22.25 and a high of $82.53. As of last week, the company has a debt-to-equity ratio of 2.63, a current ratio of 4.30, and a quick ratio of 4.30.
The net profit margin was -7.10% and return on equity was -7.34% for AFRM. The company reported revenue of $866.38 million for the quarter, compared to $591.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 46.57 percent.
