Chime Financial (NASDAQ:CHYM) Insider Sells $11,351,250.00 in Stock

Chime Financial, Inc. (NASDAQ:CHYM) insider Ryan King sold 375,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $30.27, for a total transaction of $11,351,250.00. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chime Financial Stock Performance

CHYM stock opened at $31.60 on Thursday. The firm has a 50 day moving average price of $21.30 and a 200-day moving average price of $20.90. Chime Financial, Inc. has a 52-week low of $15.88 and a 52-week high of $33.41. The firm has a market capitalization of $12.04 billion, a price-to-earnings ratio of -451.36 and a beta of 0.31.

Chime Financial (NASDAQ:CHYM) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.08. The company had revenue of $669.77 million during the quarter. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%.The firm’s quarterly revenue was up 26.8% on a year-over-year basis. During the same period last year, the business earned ($7.29) EPS. As a group, sell-side analysts forecast that Chime Financial, Inc. will post 0.37 earnings per share for the current fiscal year.

More Chime Financial News

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

• Positive Sentiment: Chime announced that its Chime Scholars Foundation will award $3 million in scholarships to 800 students for the 2026–2027 academic year. The program has now awarded nearly $10 million since 2022, supporting almost 1,500 students. While the initiative is not a direct earnings catalyst, it may strengthen Chime’s brand and corporate reputation. Chime Scholars Foundation Announces 2026–2027 Cohort
• Positive Sentiment: The company’s latest quarterly results remain a key support for CHYM: Chime reported earnings of $0.07 per share versus the $0.01 loss analysts expected, while revenue rose 26.8% year over year to approximately $669.8 million. The earnings beat and continued growth have helped drive a more constructive analyst outlook.
• Neutral Sentiment: Analyst targets have generally moved higher, with recent objectives ranging from $28 to $37. This implies an overall favorable view, but the wide range—and the stock’s trading level near the upper end of those estimates—suggests valuation expectations are divided.
• Negative Sentiment: Several executives sold shares under pre-arranged Rule 10b5-1 plans. CEO Christopher Britt sold 350,000 shares, insider Ryan King sold 375,000, CFO Matthew Newcomb sold 65,000, and CAO Amine Asmerom sold 10,000, generating roughly $24 million in proceeds. The planned nature of the transactions reduces their bearish significance, but the combined sales may still pressure sentiment.
• Negative Sentiment: Major shareholder Global Advisors Ltd. Dst sold approximately 1.8 million shares for $58.6 million, cutting its position by about 79%. This large sale could create a supply overhang and is the most significant near-term negative signal in the filings. Chime Financial Insider Sales

Hedge Funds Weigh In On Chime Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. bought a new position in Chime Financial in the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Chime Financial in the 2nd quarter worth $33,000. Scopus Asset Management L.P. bought a new position in Chime Financial in the 2nd quarter worth $34,000. Caitong International Asset Management Co. Ltd grew its holdings in Chime Financial by 686.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,462 shares of the company’s stock valued at $37,000 after purchasing an additional 1,276 shares during the period. Finally, Daiwa Securities Group Inc. purchased a new stake in Chime Financial in the second quarter worth about $40,000.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CHYM. Wells Fargo & Company upped their target price on shares of Chime Financial from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Keefe, Bruyette & Woods boosted their price target on Chime Financial from $30.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Freedom Capital raised Chime Financial to a “strong-buy” rating in a research report on Thursday, July 23rd. Weiss Ratings upgraded Chime Financial from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. Finally, UBS Group upped their target price on shares of Chime Financial from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.06.

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.