KD Logo

Monitoring Affirm Holdings Inc (AFRM) after recent insider movements

Affirm Holdings Inc’s filing revealed that its Director LIBOR MICHALEK acquired Company’s shares for reported $5.62 million on Nov 18 ’24. In the deal valued at $56.15 per share,100,000 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Adkins Katherine sold 200,000 shares, generating $11,010,600 in total proceeds. Upon selling the shares at $55.05, the Chief Legal Officer now owns 93,545 shares.

Before that, O’Hare Robert sold 100,938 shares. Affirm Holdings Inc shares valued at $5,551,590 were divested by the Chief Financial Officer at a price of $55.00 per share. As a result of the transaction, O’Hare Robert now holds 0 shares, worth roughly $0.0.

Wedbush upgraded its Affirm Holdings Inc [AFRM] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid October from “an Equal weight” to “an Overweight”. Morgan Stanley also remained covering AFRM and has increased its forecast on October 09, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. BTIG Research revised its rating on October 08, 2024. It rated AFRM as “a Buy” which previously was an “a Neutral”.

Price Performance Review of AFRM

On Monday, Affirm Holdings Inc [NASDAQ:AFRM] saw its stock jump 10.53% to $62.06. Over the last five days, the stock has gained 7.77%. Affirm Holdings Inc shares have risen nearly 26.29% since the year began. Nevertheless, the stocks have risen 152.89% over the past one year. While a 52-week high of $59.27 was reached on 11/18/24, a 52-week low of $22.25 was recorded on 08/05/24. SMA at 50 days reached $44.96, while 200 days put it at $36.06.

Levels Of Support And Resistance For AFRM Stock

The 24-hour chart illustrates a support level at 58.65, which if violated will result in even more drops to 55.23. On the upside, there is a resistance level at 64.18. A further resistance level may holdings at 66.29. The Relative Strength Index (RSI) on the 14-day chart is 71.13, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.55, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.94%. Stochastics %K at 81.86% indicates the stock is a selling.

How much short interest is there in Affirm Holdings Inc?

A steep rise in short interest was recorded in Affirm Holdings Inc stocks on 2024-10-31, dropping by -1.0 million shares to a total of 18.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 19.35 million shares. There was a decline of -5.47%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 20, 2024 when Susquehanna began covering the stock and recommended ‘”a Positive”‘ rating along with a $52 price target.

Most Popular