SEC Form SC 13G/A filed by Affirm Holdings Inc. (Amendment)

$AFRM
Finance: Consumer Services
Finance
Get the next $AFRM alert in real time by email
SC 13G/A 1 Affirm29122023.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Affirm Holdings, Inc. (Amendment No.3) ----------------------------------------------------------------------- (Name of Issuer) Class A Common Stock ----------------------------------------------------------------------- (Title of Class of Securities) 00827B106 ----------------------------------------------------------------------- (CUSIP Number) 29 December 2023 ----------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-06) CUSIP No. 00827B106 _______________________________________________________________________ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Baillie Gifford & Co (Scottish partnership) _______________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a).................................................................... (b).................................................................... _______________________________________________________________________ 3. SEC Use Only _______________________________________________________________________ 4. Citizenship or Place of Organization SCOTLAND UK _______________________________________________________________________ Number of 5. Sole Voting Power 15,938,035 Shares Bene ___________________________________________________ ficially by 6. Shared Voting Power 0 Owned by Each ______________________________________________________ Reporting 7. Sole Dispositive Power 20,467,614 Person With: ______________________________________________________ 8. Shared Dispositive Power 0 _______________________________________________________________________ 9. Aggregate Amount Beneficially Owned by Each Reporting Person 20,467,614 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 8.45% _______________________________________________________________________ 12. Type of Reporting Person (See Instructions) IA _______________________________________________________________________ 2,484,575 of the shares of Class A Common Stock of Affirm inc reported as being beneficially owned by the reporting person at 29 December 2023, are included in this Schedule 13G because the reporting person is deemed to beneficially own such shares as a result of the direct ownership of 2,484,575 shares of Class B Common Stock of Affirm Inc by investment companies and/or other accounts advised by Baillie Gifford & Co or its wholly-owned subsidiaries, which shares of Class B Common Stock are convertible into shares of Class A Common Stock at the election of the holder at an exchange rate of 1:1. Item 1. (a) Name of Issuer Affirm Holdings, Inc. (b) Address of Issuers Principal Executive Offices 650 CALIFORNIA STREET SAN FRANCISCO CA 94108 Item 2. (a) Name of Person Filing Baillie Gifford & Co (b) Address of Principal Business Office or, if none, Residence Calton Square 1 Greenside Row Edinburgh EH1 3AN Scotland UK (c) Citizenship Scotland UK (d) Title of Class of Securities Class A Common Stock (e) CUSIP Number 00827B106 Item 3. If this statement is filed pursuant to rule 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) An investment adviser in accordance with rule 240.13d- 1(b)(1)(ii)(E) (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F) (g) A parent holding company or control person in accordance with rule 240.13d-1(b) (1)(ii)(G) (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (j) X A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k)Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____ Item 4. Ownership. Provide the following information regarding the aggregate number and Percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: see row (9) on page 2. (b) Percent of Class: see row (11) on page 2. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote See row (5) on page 2. (ii) Shared power to vote or to direct the vote See row (6) on page 2 (iii) Sole power to dispose or to direct the disposition of See row (7) on page 2 (iv) Shared power to dispose or to direct the disposition of See row (8) on page 2 Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [ ] Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Securities reported on this Schedule 13G as being beneficially owned by Baillie Gifford & Co. are held by Baillie Gifford & Co. and/or one or more of its investment adviser subsidiaries, which may include Baillie Gifford Overseas Limited, on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds or other institutional clients. [x] Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief: - the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. - the foreign regulatory scheme applicable to investment advisers is substantially comparable to the functionally equivalent U.S. institution(s). I also undertake to furnish the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D. SIGNATURE After reasonable enquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct 25 January 2024 ________________________________ Date Grant Meikle _______________________________________ Signature Grant Meikle Compliance Manager _______________________________________ Name/Title The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representatives authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule,including all exhibits. See rule 240.13d- 7 for other parties for whom copies are to be sent. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
Get the next $AFRM alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AFRM

DatePrice TargetRatingAnalyst
1/28/2025$20.00 → $61.00Sell → Neutral
Compass Point
1/21/2025$57.00Positive → Neutral
Susquehanna
1/15/2025Outperform
William Blair
12/20/2024$78.00Mkt Perform → Mkt Outperform
JMP Securities
12/19/2024$70.00 → $82.00Hold → Buy
Jefferies
10/14/2024$45.00Underperform → Neutral
Wedbush
10/11/2024$40.00 → $52.00Equal Weight → Overweight
Wells Fargo
10/9/2024$22.00 → $37.00Underweight → Equal-Weight
Morgan Stanley
More analyst ratings

$AFRM
Press Releases

Fastest customizable press release news feed in the world

See more
  • Affirm and Shopify Take Multi-Year Partnership Global

    Affirm to continue as exclusive provider of Shop Pay Installments in US, will become exclusive provider in Canada Expanded agreement enables partnership to continue growing to new markets worldwide, with plans to enter the UK Affirm (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced an expanded global agreement. The renewed multi-year partnership cements Affirm's position as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. It also extends this exclusivity into Shopify's home market of Canada and enables the partnership to continue g

    $AFRM
    Finance: Consumer Services
    Finance
  • FIS Partners with Affirm to Bring Integrated Pay-Over-Time Capabilities Directly to Debit Issuing Banking Clients and Their Cardholders

    Key Facts Upon launch of the program, FIS debit processing bank clients will be able to integrate Affirm's pay-over-time solution directly into their existing debit card program via their digital banking and mobile app platforms. Affirm delivers real-time underwriting technology, a wide-range of flexible payment options – including ‘buy now, pay later' (BNPL) and monthly payment plans – and no late or hidden fees. It also provides access to a network of over 335,000 merchants. FIS' clients can continue to meet the growing demand for payment flexibility, while increasing customer engagement and accelerating growth for their business, by incorporating Affirm's offering into their deb

    $AFRM
    $FIS
    Finance: Consumer Services
    Finance
    Business Services
    Consumer Discretionary
  • Coast Dental Partners with Affirm to Offer a Smarter Way to Pay for Dental Services

    New partnership brings Affirm's biweekly and monthly payment plans to approved patients Launch further adds to Affirm's over 90% year-over-year growth of active healthcare providers Coast Dental, a prominent leader in dental healthcare, today announced that it has partnered with Affirm (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth. This collaboration brings Affirm's flexible, transparent pay-over-time options to approved Coast Dental patients purchasing general and specialty dental services, including exams, cleanings, veneers, and CoastClear Aligners. Now patients across Coast Dental's 100 locations in Florida, Georgia, and Texas can choose

    $AFRM
    Finance: Consumer Services
    Finance

$AFRM
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AFRM
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AFRM
SEC Filings

See more

$AFRM
Leadership Updates

Live Leadership Updates

See more
  • FICO and Affirm Unveil Industry-Leading Analysis of 'Buy Now, Pay Later' Loans

    First-of-its-kind analysis finds Affirm customers with multiple BNPL loans would be most likely to experience score increases with FICO's innovative treatment of that data FICO (NYSE:FICO), global analytics software leader, today released key guidance and takeaways from a study that analyzed the impact of including ‘Buy Now, Pay Later' (BNPL) loans in a consumer's FICO® Score. FICO conducted the 12-month study in partnership with Affirm (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth. The research compared the FICO® Scores of more than 500,000 consumers who opened at least one new Affirm BNPL loan against a benchmark population of consumers wi

    $AFRM
    $FICO
    Finance: Consumer Services
    Finance
    Business Services
    Consumer Discretionary

$AFRM
Financials

Live finance-specific insights

See more
  • Affirm Reports Second Fiscal Quarter 2025 Results

    Affirm Holdings, Inc. (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2025 second quarter ended December 31, 2024. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the "Events and Presentations" section of the Company's investor relations website at https://investors.affirm.com/. Affirm will host a conference call and webcast to discuss its financial results today at 5:00pm ET. Hosting the call will be Max Levchin, Founder and Chief Executive Officer, Michael Linford, Chief Operating Officer, and Rob O'Hare, Chief

    $AFRM
    Finance: Consumer Services
    Finance
  • Affirm to Announce Second Quarter Fiscal Year 2025 Results on February 6, 2025

    Affirm Holdings, Inc. (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it will publish its second quarter fiscal year 2025 shareholder letter, including its financial results, on its investor relations website at https://investors.affirm.com/ on Thursday, February 6, 2025, after market close. The Company will host a conference call and webcast at 5:00pm ET that same day. Hosting the call will be Max Levchin (Founder and Chief Executive Officer), Michael Linford (Chief Operating Officer), and Rob O'Hare (Chief Financial Officer). A replay will be available on the investor relations website following the call. About Affirm A

    $AFRM
    Finance: Consumer Services
    Finance
  • Affirm Reports First Fiscal Quarter 2025 Results

    Affirm Holdings, Inc. (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2025 first quarter ended September 30, 2024. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the "Events and Presentations" section of the Company's investor relations website at https://investors.affirm.com/. Affirm will host a conference call and webcast to discuss its financial results today at 5:00pm ET. Hosting the call will be Max Levchin, Founder and Chief Executive Officer, Michael Linford, Chief Operating Officer and Chief Financial Off

    $AFRM
    Finance: Consumer Services
    Finance

$AFRM
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more