Chime Financial (NASDAQ:CHYM) CAO Amine Asmerom Sells 19,505 Shares of Stock

Chime Financial, Inc. (NASDAQ:CHYM) CAO Amine Asmerom sold 19,505 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $32.94, for a total transaction of $642,494.70. Following the transaction, the chief accounting officer owned 280,975 shares in the company, valued at $9,255,316.50. The trade was a 6.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amine Asmerom also recently made the following trade(s):

• On Thursday, August 6th, Amine Asmerom sold 10,000 shares of Chime Financial stock. The stock was sold at an average price of $30.00, for a total transaction of $300,000.00.
• On Tuesday, August 4th, Amine Asmerom sold 10,000 shares of Chime Financial stock. The stock was sold at an average price of $25.00, for a total transaction of $250,000.00.

Chime Financial Price Performance

Shares of NASDAQ:CHYM opened at $34.55 on Thursday. Chime Financial, Inc. has a 1 year low of $15.88 and a 1 year high of $35.55. The business has a 50 day simple moving average of $27.26 and a two-hundred day simple moving average of $22.34. The firm has a market capitalization of $13.08 billion, a PE ratio of -493.50 and a beta of 0.60.

Chime Financial (NASDAQ:CHYM) last released its earnings results on Wednesday, August 5th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.08. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%.The firm had revenue of $669.77 million for the quarter. During the same period in the prior year, the company posted ($7.29) EPS. The company’s quarterly revenue was up 26.8% compared to the same quarter last year. Equities research analysts expect that Chime Financial, Inc. will post 0.43 EPS for the current fiscal year.

Institutional Trading of Chime Financial

A number of hedge funds have recently bought and sold shares of the stock. AMS Capital Ltda acquired a new position in shares of Chime Financial during the first quarter worth $3,439,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Chime Financial by 2,720.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,756,555 shares of the company’s stock worth $51,630,000 after purchasing an additional 2,658,816 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Chime Financial in the 4th quarter worth $1,274,000. Brown University grew its stake in Chime Financial by 99.0% during the 1st quarter. Brown University now owns 204,625 shares of the company’s stock worth $3,833,000 after buying an additional 101,820 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Chime Financial by 115.0% during the 1st quarter. Bank of America Corp DE now owns 319,579 shares of the company’s stock worth $5,986,000 after buying an additional 170,941 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CHYM. Keefe, Bruyette & Woods increased their target price on Chime Financial from $30.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Barclays upped their price target on shares of Chime Financial from $33.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday. Wells Fargo & Company raised their price target on shares of Chime Financial from $33.00 to $39.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 25th. Wolfe Research lifted 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. Finally, Freedom Capital upgraded shares of Chime Financial to a “strong-buy” rating in a report on Thursday, July 23rd. Four analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Chime Financial News Roundup

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

• Positive Sentiment: The acquisition is expected to generate more than $100 million in annual net savings and be immediately accretive to earnings per share after closing, currently anticipated in the first half of 2027. Owning the bank could also improve control over lending, compliance, settlement operations and funding costs. Chime acquisition announcement
• Positive Sentiment: Management raised its outlook, projecting third-quarter 2026 revenue of approximately $705 million and adjusted EBITDA of $117 million to $120 million. Full-year revenue guidance increased to $2.76 billion-$2.77 billion, with adjusted EBITDA of $481 million-$489 million. Seeking Alpha guidance article
• Positive Sentiment: Analyst sentiment strengthened following the announcement. Canaccord raised its target to $50, while Loop Capital initiated coverage with a Buy rating and a $45 target. Barclays, KeyCorp, Morgan Stanley, Piper Sandler and Scotiabank also raised targets, generally maintaining Overweight or Outperform ratings.
• Neutral Sentiment: The deal remains subject to reviews by the Office of the Comptroller of the Currency and the Federal Reserve. Investors will monitor approval timing, integration execution and Chime’s ability to operate the bank below the $10 billion asset threshold to preserve favorable debit-interchange economics.
• Negative Sentiment: UBS raised its target to $31 but retained a Neutral rating, below the referenced trading level, indicating some analysts view the stock’s rally and valuation as already reflecting much of the near-term opportunity.
• Negative Sentiment: Chief Accounting Officer Amine Asmerom sold 19,505 shares worth approximately $642,495. The sale occurred under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, but it still represents a 6.49% reduction in his direct holdings.

About Chime Financial

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.