On September 13, 2024, Noel Watson, Director at Affirm Holdings Inc (AFRM, Financial), sold 2,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 40,982 shares of Affirm Holdings Inc.
Affirm Holdings Inc operates as a financial technology company, providing a platform for digital and mobile-first commerce. The company offers a range of products that allow consumers to pay over time at online and in-store retailers.
Over the past year, the insider transaction history at Affirm Holdings Inc shows a total of 11 insider sells and no insider buys. Specifically, Noel Watson has sold a total of 2,500 shares and has not purchased any shares during this period.
On the day of the sale, shares of Affirm Holdings Inc were trading at $42.44. This pricing gives the company a market cap of approximately $13.71 billion. According to the GF Value, which is an intrinsic value estimate from GuruFocus, the stock is considered modestly overvalued with a price-to-GF-Value ratio of 1.14. The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors, especially in the context of the company's current stock valuation and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
