Gold prices tick higher on fresh U.S. tariff threats, Fed rate cut hopes
Affirm Holdings (NASDAQ:AFRM) Chief Accounting Officer Jiyane Siphelele, sold 15,871 shares of Class A Common Stock on August 4, 2025, at a price of $75, for a total transaction value of $1,190,325. The sale comes as Affirm’s stock has shown remarkable performance, delivering a 204.8% return over the past year. According to InvestingPro data, the company maintains a strong liquidity position with a current ratio of 13.47x.
Following the transaction, Jiyane Siphelele directly owns 242,192 shares of Affirm Holdings, Inc. While the company, currently valued at $24.15 billion, isn’t profitable over the last twelve months, InvestingPro analysis indicates expected profitability this year. Get access to 8 more exclusive InvestingPro Tips and comprehensive financial metrics for smarter investment decisions.
On August 2, 2025, Jiyane Siphelele also acquired 3,366 and 13,461 Restricted Stock Units.
In other recent news, Affirm has partnered with New Look Vision Group to provide flexible payment options for Canadian customers shopping at various optical retailers. This collaboration allows customers to split their eyewear purchases into biweekly or monthly payments without incurring late or hidden fees. Additionally, Affirm has teamed up with video game commerce company Xsolla to offer similar payment plans for gamers in the United States, enabling interest-free biweekly or monthly installments for purchases of $50 or more. In the financial sector, Affirm has extended its capital partnership with Moore Specialty Credit through 2027, continuing a collaboration that has seen Moore invest nearly $5 billion in Affirm’s assets. On the analyst front, RBC Capital has raised its price target for Affirm to $75 from $70, maintaining a Sector Perform rating, as the company is expected to achieve GAAP operating profitability by fiscal year 2026. Meanwhile, Needham has reiterated its Hold rating on Affirm amid concerns about potential revenue challenges if Walmart (NYSE:WMT) shifts to competitors Klarna/OnePay. These developments reflect Affirm’s ongoing efforts to expand its market presence and financial partnerships.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.