After this afternoon's 5.1% surge to $45.05 per share, Affirm might just keep moving past its target price of $45.74. With an average analyst rating of buy, and target prices from $20.0 to $68.0, the stock's next move is anyone's guess.
Affirm has an average level of shares sold short, at 9.1% of its total share float. The stock's short ratio (also called days to cover) is 1.97. The company's insiders own 4.85% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 79.3% of Affirm's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Affirm
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Morgan Stanley | 11% | 30,545,418 | $1,376,071,057 |
| 2024-06-30 | Capital Research Global Investors | 9% | 23,759,115 | $1,070,348,112 |
| 2024-06-30 | Vanguard Group Inc | 8% | 21,037,188 | $947,725,303 |
| 2024-06-30 | Capital World Investors | 7% | 18,807,792 | $847,291,015 |
| 2024-06-30 | Baillie Gifford and Company | 5% | 13,400,426 | $603,689,181 |
| 2024-06-30 | Blackrock Inc. | 4% | 9,969,927 | $449,145,203 |
| 2024-06-30 | Shaw D.E. & Co., Inc. | 3% | 7,539,252 | $339,643,296 |
| 2024-06-30 | Citadel Advisors Llc | 2% | 4,105,605 | $184,957,502 |
| 2024-06-30 | Geode Capital Management, LLC | 1% | 4,003,660 | $180,364,879 |
| 2024-06-30 | State Street Corporation | 1% | 3,841,547 | $173,061,689 |
