Chime Financial, Inc. (NASDAQ:CHYM – Get Free Report) Director James Feuille sold 95,400 shares of Chime Financial stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $34.09, for a total transaction of $3,252,186.00. Following the completion of the transaction, the director directly owned 6,751,507 shares in the company, valued at approximately $230,158,873.63. The trade was a 1.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
James Feuille also recently made the following trade(s):
- On Wednesday, September 16th, James Feuille sold 256,837 shares of Chime Financial stock. The shares were 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 shares were 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 Price Performance
NASDAQ CHYM traded down $2.36 on Wednesday, hitting $31.25. The stock had a trading volume of 8,242,627 shares, compared to its average volume of 5,455,204. The business’s fifty day moving average price is $28.23 and its 200 day moving average price is $22.71. The stock has a market cap of $11.83 billion, a price-to-earnings ratio of -446.36 and a beta of 0.60. Chime Financial, Inc. has a 52-week low of $15.88 and a 52-week high of $35.55.
Institutional Trading of Chime Financial
Several large investors have recently added to or reduced their stakes in CHYM. Engineers Gate Manager LP acquired a new position in shares of Chime Financial in the second quarter valued at about $1,810,000. Arizona State Retirement System acquired a new stake in shares of Chime Financial during the second quarter worth about $692,000. Light Street Capital Management LLC lifted its holdings in shares of Chime Financial by 5.8% during the second quarter. Light Street Capital Management LLC now owns 2,199,089 shares of the company’s stock worth $45,037,000 after purchasing an additional 121,474 shares during the period. Allianz Asset Management GmbH purchased a new stake in Chime Financial in the second quarter valued at approximately $7,828,000. Finally, Comprehensive Financial Management LLC boosted its position in 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 during the last quarter.
Trending Headlines about 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
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on CHYM shares. Wolfe Research boosted their price target on Chime Financial from $32.00 to $38.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Keefe, Bruyette & Woods increased their price objective on shares of Chime Financial from $30.00 to $35.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Piper Sandler lifted their target price on shares of Chime Financial from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 9th. Canaccord Genuity Group boosted their target price on shares of Chime Financial from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. Finally, Zacks Research upgraded shares of Chime Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Four analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $36.40.
Read Our Latest Report on Chime Financial
About Chime Financial
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.
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