Christopher Britt Sells 200,000 Shares of Chime Financial (NASDAQ:CHYM) Stock

Chime Financial, Inc. (NASDAQ:CHYM) CEO Christopher Britt sold 200,000 shares of Chime Financial stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $32.04, for a total value of $6,408,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chime Financial Stock Up 0.7%

Shares of CHYM stock traded up $0.24 during trading hours on Thursday, reaching $33.65. The company’s stock had a trading volume of 4,265,366 shares, compared to its average volume of 5,293,899. Chime Financial, Inc. has a fifty-two week low of $15.88 and a fifty-two week high of $34.44. The firm’s 50 day simple moving average is $25.92 and its 200-day simple moving average is $21.87. The company has a market capitalization of $12.74 billion, a price-to-earnings ratio of -480.65 and a beta of 0.60.

Chime Financial (NASDAQ:CHYM) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.08. The business 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%.The company’s revenue was up 26.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($7.29) EPS. Sell-side analysts predict that Chime Financial, Inc. will post 0.41 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new position in Chime Financial in the second quarter worth $693,000. Legal & General Group Plc purchased a new stake in Chime Financial during the second quarter valued at about $136,000. Russell Investments Group Ltd. bought a new stake in Chime Financial during the second quarter worth about $958,000. EverSource Wealth Advisors LLC bought a new stake in Chime Financial during the second quarter worth about $33,000. Finally, Marshall Wace LLP purchased a new position in shares of Chime Financial in the 2nd quarter worth about $9,087,000.

Trending Headlines about Chime Financial

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

• Positive Sentiment: Scotiabank initiated coverage of Chime Financial (CHYM) with a “Sector Outperform” rating and a $40 price target, implying approximately 18.9% upside from the referenced price. The new bullish coverage provides additional support for the stock’s recent advance. Scotiabank Initiates Chime Financial at Sector Outperform
• Positive Sentiment: Zacks added CHYM to its Rank #1, or “Strong Buy,” list for September 2, reinforcing the improving analyst view of the fintech company. New Strong Buy Stocks for September 2nd
• Positive Sentiment: Brokerages maintain a consensus “Moderate Buy” rating, with 14 buy ratings, four strong buys, three holds and one sell among 22 analysts. The broader bullish consensus follows Chime’s latest quarterly earnings beat, 26.8% year-over-year revenue growth and improved earnings performance. Chime Financial Given Average Rating of Moderate Buy
• Neutral Sentiment: News about Bancorp’s stronger earnings, reduced credit concerns and higher 2026 guidance highlights continued fintech-sector momentum, but it is not a direct update to Chime’s operations. Bancorp’s Fintech Comeback Gains Momentum
• Negative Sentiment: CEO Christopher Britt sold 100,000 CHYM shares for approximately $3.4 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which reduces the signal that the sale reflects a change in management’s outlook, but it may still weigh modestly on sentiment. Chime Financial CEO Sells 100,000 Shares

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CHYM shares. Zacks Research upgraded shares of Chime Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Keefe, Bruyette & Woods lifted their price target on shares of Chime Financial from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Wolfe Research upped their price objective on shares of Chime Financial from $32.00 to $38.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. UBS Group increased their price objective on shares of Chime Financial from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, B. Riley Financial lifted their price target on shares of Chime Financial from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $32.74.

Chime Financial Company Profile

Chime Financial is a U.S.-based financial technology company offering mobile-first banking services designed to reduce fees and simplify everyday transactions. Founded in 2013 and headquartered in San Francisco, Chime operates a digital bank platform that provides customers with a checking account, a savings account, and a debit card without monthly maintenance fees, overdraft charges, or foreign transaction fees. The company’s platform is accessible via its mobile app, enabling users to manage their finances, track spending, and access customer support from their smartphones.

At the core of Chime’s service offering is its fee-free spending account, which includes early access to direct deposit funds—up to two days before scheduled payday—and instant transaction alerts.