Chime Financial (NASDAQ:CHYM) Major Shareholder Global Advisors Ltd Dst Sells 80,914 Shares

Chime Financial, Inc. (NASDAQ:CHYM) major shareholder Global Advisors Ltd Dst sold 80,914 shares of the company’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $33.06, for a total transaction of $2,675,016.84. Following the transaction, the insider owned 380,298 shares in the company, valued at approximately $12,572,651.88. The trade was a 17.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Global Advisors Ltd Dst also recently made the following trade(s):

• On Monday, August 24th, Global Advisors Ltd Dst sold 1,775,044 shares of Chime Financial stock. The shares were sold at an average price of $33.09, for a total transaction of $58,736,205.96.
• On Friday, August 21st, Global Advisors Ltd Dst sold 473,694 shares of Chime Financial stock. The shares were sold at an average price of $32.71, for a total transaction of $15,494,530.74.
• On Thursday, August 20th, Global Advisors Ltd Dst sold 383,031 shares of Chime Financial stock. The shares were sold at an average price of $33.02, for a total transaction of $12,647,683.62.
• On Wednesday, August 19th, Global Advisors Ltd Dst sold 4,456,157 shares of Chime Financial stock. The stock was sold at an average price of $32.66, for a total transaction of $145,538,087.62.
• On Tuesday, August 18th, Global Advisors Ltd Dst sold 353,812 shares of Chime Financial stock. The stock was sold at an average price of $32.21, for a total transaction of $11,396,284.52.
• On Friday, August 14th, Global Advisors Ltd Dst sold 524,661 shares of Chime Financial stock. The shares were sold at an average price of $32.18, for a total transaction of $16,883,590.98.
• On Thursday, August 13th, Global Advisors Ltd Dst sold 713,289 shares of Chime Financial stock. The shares were sold at an average price of $32.14, for a total transaction of $22,925,108.46.
• On Wednesday, August 12th, Global Advisors Ltd Dst sold 2,022 shares of Chime Financial stock. The shares were sold at an average price of $32.01, for a total value of $64,724.22.
• On Tuesday, August 11th, Global Advisors Ltd Dst sold 1,039,303 shares of Chime Financial stock. The stock was sold at an average price of $32.11, for a total value of $33,372,019.33.
• On Thursday, August 6th, Global Advisors Ltd Dst sold 1,796,196 shares of Chime Financial stock. The stock was sold at an average price of $32.62, for a total value of $58,591,913.52.

Chime Financial Stock Up 0.2%

Shares of Chime Financial stock opened at $33.15 on Thursday. Chime Financial, Inc. has a 52 week low of $15.88 and a 52 week high of $33.74. The business has a 50 day moving average price of $24.35 and a 200-day moving average price of $21.46. The company has a market cap of $12.55 billion, a PE ratio of -473.50 and a beta of 0.31.

Chime Financial (NASDAQ:CHYM) last announced its earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $669.77 million for the quarter. During the same period in the previous year, the firm earned ($7.29) EPS. The firm’s quarterly revenue was up 26.8% on a year-over-year basis. As a group, research analysts anticipate that Chime Financial, Inc. will post 0.41 EPS for the current year.

Key Chime Financial News

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

• Positive Sentiment: Analysts raised their price targets. Wolfe Research lifted its target from $32 to $38 and maintained an “outperform” rating, while Wells Fargo increased its target from $33 to $39 and retained an “overweight” rating. The revisions imply roughly 15% to 18% upside from the referenced $33.15 share price. Benzinga analyst price-target reports
• Positive Sentiment: Recent operating results remain a support. Chime’s latest quarterly earnings exceeded expectations, with EPS of $0.07 versus the consensus estimate of a $0.01 loss. Revenue rose 26.8% year over year to approximately $669.8 million, reinforcing the investment case for continued growth and improving profitability.
• Neutral Sentiment: Short-interest data provides no meaningful signal. Reported short interest was zero shares, with a zero-day days-to-cover ratio. Because the figures show no measurable short position, they do not indicate either notable short-covering support or elevated bearish pressure.
• Negative Sentiment: Global Advisors Ltd. Dst has continued to reduce its CHYM position. The major shareholder sold 1,775,044 shares on August 24 for approximately $58.7 million and another 80,914 shares on August 25 for about $2.7 million. Across the disclosed August transactions, the investor has sold millions of shares, reducing its position by more than 80% in the latest filing. The sales were reportedly primarily related to tax liabilities, but the large disposals can weigh on sentiment and increase available supply. SEC ownership filing

Wall Street Analysts Forecast Growth

CHYM has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their price objective on shares of Chime Financial from $26.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wells Fargo & Company increased their target price on shares of Chime Financial from $33.00 to $39.00 and gave the company an “overweight” rating in a report on Tuesday. Barclays raised their price target on shares of Chime Financial from $26.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Morgan Stanley boosted their price target on shares of Chime Financial from $33.00 to $39.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Finally, UBS Group upped 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. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Chime Financial presently has a consensus rating of “Moderate Buy” and an average target price of $32.33.

Institutional Trading of Chime Financial

Hedge funds have recently bought and sold shares of the business. Tiger Global Management LLC boosted its position in Chime Financial by 13.8% in the fourth quarter. Tiger Global Management LLC now owns 14,192,499 shares of the company’s stock worth $357,225,000 after purchasing an additional 1,721,731 shares during the last quarter. Aspect Management LLC purchased a new stake in shares of Chime Financial during the 4th quarter valued at $300,361,000. Orland Properties Ltd purchased a new stake in shares of Chime Financial during the 2nd quarter valued at $159,093,000. Scge Management L.P. bought a new stake in shares of Chime Financial during the 2nd quarter worth $152,563,000. Finally, Spyglass Capital Management LLC raised its stake in shares of Chime Financial by 162.6% during the 2nd quarter. Spyglass Capital Management LLC now owns 3,406,249 shares of the company’s stock worth $69,760,000 after purchasing an additional 2,109,057 shares during the period.

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.