Chime Financial (NASDAQ:CHYM) Director Sells 95,400 Shares

Chime Financial, Inc. (NASDAQ:CHYM) Director James Feuille sold 95,400 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $34.09, for a total transaction of $3,252,186.00. Following the completion of the sale, the director directly owned 6,751,507 shares in the company, valued at $230,158,873.63. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

James Feuille also recently made the following trade(s):

• On Wednesday, September 16th, James Feuille sold 256,837 shares of Chime Financial stock. The stock was sold at an average price of $32.33, for a total transaction of $8,303,540.21.
• On Friday, September 11th, James Feuille sold 258,398 shares of Chime Financial stock. The stock was sold at an average price of $32.94, for a total transaction of $8,511,630.12.
• On Thursday, September 10th, James Feuille sold 93,492 shares of Chime Financial stock. The shares were sold at an average price of $33.15, for a total transaction of $3,099,259.80.

Chime Financial Stock Performance

NASDAQ CHYM traded down $2.36 on Wednesday, reaching $31.25. 8,242,627 shares of the company’s stock traded hands, compared to its average volume of 5,455,204. Chime Financial, Inc. has a fifty-two week low of $15.88 and a fifty-two week high of $35.55. The firm has a market cap of $11.83 billion, a price-to-earnings ratio of -446.36 and a beta of 0.60. The stock has a 50 day moving average price of $28.23 and a 200-day moving average price of $22.71.

Chime Financial (NASDAQ:CHYM) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.08. The company had revenue of $669.77 million for the quarter. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%.Chime Financial’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same period in the prior year, the business posted ($7.29) earnings per share. As a group, equities research analysts anticipate that Chime Financial, Inc. will post 0.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CHYM shares. Canaccord Genuity Group raised their target price on Chime Financial from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, September 9th. Rothschild & Co Redburn raised Chime Financial from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a report on Monday. Piper Sandler upped their price objective on Chime Financial from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 9th. UBS Group raised their price objective on shares of Chime Financial from $28.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 9th. Finally, Wall Street Zen raised shares of Chime Financial from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Four investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Chime Financial has an average rating of “Buy” and a consensus target price of $36.40.

Institutional Investors Weigh In On Chime Financial

A number of institutional investors have recently modified their holdings of CHYM. Engineers Gate Manager LP acquired a new position in Chime Financial in the 2nd quarter worth about $1,810,000. Arizona State Retirement System acquired a new stake in Chime Financial in the second quarter valued at approximately $692,000. Light Street Capital Management LLC grew its holdings in Chime Financial by 5.8% in the second quarter. Light Street Capital Management LLC now owns 2,199,089 shares of the company’s stock valued at $45,037,000 after purchasing an additional 121,474 shares during the period. Allianz Asset Management GmbH acquired a new stake in Chime Financial in the second quarter valued at approximately $7,828,000. Finally, Comprehensive Financial Management LLC increased its position in shares of Chime Financial by 2.4% in the second quarter. Comprehensive Financial Management LLC now owns 565,976 shares of the company’s stock valued at $11,591,000 after buying an additional 13,225 shares in the last quarter.

Key Stories Impacting Chime Financial

Here are the key news stories impacting Chime Financial this week:

• Positive Sentiment: Analyst support remains strong: B. Riley raised its price target to $44, while Rothschild & Co. Redburn upgraded CHYM to “Buy.” Goldman Sachs also recently raised its target to $37 and maintained a “Buy” rating. These actions indicate continued confidence in Chime’s growth outlook. B. Riley price target article Redburn upgrade article
• Positive Sentiment: New York office opening signals expansion: Chime opened a new office in New York, potentially supporting hiring, partnerships and broader corporate growth, although the near-term earnings impact is unclear. Chime Financial opens New York office
• Neutral Sentiment: Bank acquisition remains the key catalyst: Chime agreed to acquire Central Service Corporation, parent of Stride Bank, for $590 million in cash. The deal could give Chime faster control of its banking infrastructure, but it still requires regulatory approvals and carries integration, capital and execution risks.
• Negative Sentiment: Investors are locking in gains: After reaching recent post-IPO highs, CHYM appears vulnerable to profit-taking as shareholders reassess the valuation and the risks surrounding the Stride Bank transaction. The pullback also occurred amid broader weakness in financial shares. Chime Financial bank deal and rally analysis
• Negative Sentiment: Heavy insider selling adds pressure: Global Advisors Ltd. Dst sold 207,513 shares for approximately $6.9 million, while directors Shawn Carolan, James Feuille and Cynthia Marshall have also reported sizable sales. The absence of reported insider purchases may weigh on sentiment, even though transactions can reflect diversification or planned selling. Chime insider selling report

Chime Financial Company Profile

Chime Financial, Inc is a financial technology company that operates a digital banking platform in the United States. Chime provides consumer-focused banking services through its mobile application and website, offering checking and savings accounts, debit cards, direct-deposit services and tools designed to help customers manage their everyday finances. Chime is not a traditional bank; its banking services are provided through partner financial institutions.

The company’s products include a Visa debit card, fee-free overdraft protection through SpotMe for eligible members, early access to qualifying direct deposits, savings features and credit-building products.