Affirm Holdings Inc’s recent filing unveils that its Chief Financial Officer O’Hare Robert unloaded Company’s shares for reported $0.21 million on Jan 03 ’25. In the deal valued at $65.32 per share,3,227 shares were sold. As a result of this transaction, O’Hare Robert now holds 668 shares worth roughly $36947.08.
Then, O’Hare Robert sold 6,541 shares, generating $407,366 in total proceeds. Upon selling the shares at $62.28, the Chief Financial Officer now owns 2,963 shares.
Before that, Rabois Keith sold 16,086 shares. Affirm Holdings Inc shares valued at $1,002,413 were divested by the Director at a price of $62.32 per share. As a result of the transaction, Rabois Keith now holds 93,694 shares, worth roughly $5.18 million.
JMP Securities upgraded its Affirm Holdings Inc [AFRM] rating to a Mkt outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Wedbush also remained covering AFRM and has increased its forecast on October 14, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Wells Fargo revised its rating on October 11, 2024. It rated AFRM as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of AFRM
On Friday, Affirm Holdings Inc [NASDAQ:AFRM] saw its stock fall -5.73% to $55.31. Over the last five days, the stock has lost -11.52%. Affirm Holdings Inc shares have fallen nearly -9.18% since the year began. Nevertheless, the stocks have risen 25.50% over the past one year. While a 52-week high of $73.34 was reached on 01/06/25, a 52-week low of $22.25 was recorded on 01/10/25. SMA at 50 days reached $61.43, while 200 days put it at $40.91.
Levels Of Support And Resistance For AFRM Stock
The 24-hour chart illustrates a support level at 54.09, which if violated will result in even more drops to 52.88. On the upside, there is a resistance level at 57.20. A further resistance level may holdings at 59.10. The Relative Strength Index (RSI) on the 14-day chart is 37.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.98%. Stochastics %K at 1.76% indicates the stock is a buying.
How much short interest is there in Affirm Holdings Inc?
A steep rise in short interest was recorded in Affirm Holdings Inc stocks on 2024-12-13, dropping by -5.01 million shares to a total of 15.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 20.03 million shares. There was a decline of -33.35%, which implies that there is a negative sentiment for the stock.
