Claro Advisors LLC Makes New Investment in Chime Financial, Inc. $CHYM

Claro Advisors LLC purchased a new position in Chime Financial, Inc. (NASDAQ:CHYM) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,642 shares of the company’s stock, valued at approximately $402,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Jennison Associates LLC bought a new position in Chime Financial in the 2nd quarter worth approximately $3,766,000. Board of Trustees of The Leland Stanford Junior University bought a new position in Chime Financial in the 2nd quarter worth approximately $1,453,000. MADDEN SECURITIES Corp bought a new position in Chime Financial in the 2nd quarter worth approximately $582,000. PFG Investments LLC bought a new position in Chime Financial in the 2nd quarter worth approximately $350,000. Finally, Hennessy Advisors Inc. bought a new position in Chime Financial in the 2nd quarter worth approximately $207,000.

Chime Financial Stock Performance

CHYM stock opened at $19.12 on Thursday. The stock has a fifty day simple moving average of $21.30. Chime Financial, Inc. has a twelve month low of $16.17 and a twelve month high of $44.94.

Chime Financial (NASDAQ:CHYM) last released its earnings results on Wednesday, November 5th. The company reported ($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.10. Chime Financial has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Williams Trading set a $17.00 price target on Chime Financial in a research note on Monday. William Blair restated an “outperform” rating on shares of Chime Financial in a research note on Tuesday, September 30th. Arete began coverage on Chime Financial in a report on Tuesday, September 30th. They set a “buy” rating and a $34.00 price objective on the stock. Jefferies Financial Group began coverage on Chime Financial in a report on Monday. They set a “hold” rating and a $17.00 price objective on the stock. Finally, Arete Research raised Chime Financial to a “strong-buy” rating in a report on Tuesday, September 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Chime Financial has a consensus rating of “Moderate Buy” and a consensus price target of $33.87.

Chime Financial Company Profile

Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company’s model is designed to eliminate common fees and simplify access to basic financial services.

Chime does not charge overdraft fees, monthly service fees, or require minimum balances.