The Manufacturers Life Insurance Company Buys 43,851 Shares of Chime Financial, Inc. $CHYM

The Manufacturers Life Insurance Company boosted its stake in Chime Financial, Inc. (NASDAQ:CHYM) by 392.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,024 shares of the company’s stock after purchasing an additional 43,851 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Chime Financial were worth $1,031,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. acquired a new position in shares of Chime Financial during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Chime Financial in the 2nd quarter valued at about $33,000. Scopus Asset Management L.P. acquired a new stake in shares of Chime Financial in the 2nd quarter valued at about $34,000. Caitong International Asset Management Co. Ltd increased its position in Chime Financial by 686.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,462 shares of the company’s stock valued at $37,000 after buying an additional 1,276 shares in the last quarter. Finally, Daiwa Securities Group Inc. bought a new stake in Chime Financial in the 2nd quarter valued at about $40,000.

Insider Activity at Chime Financial

In other Chime Financial news, insider Ryan A. King sold 375,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $30.27, for a total transaction of $11,351,250.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew S. Newcomb sold 65,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $30.17, for a total transaction of $1,961,050.00. Following the completion of the sale, the chief financial officer owned 2,216,070 shares of the company’s stock, valued at approximately $66,858,831.90. The trade was a 2.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,612,196 shares of company stock valued at $82,922,714 over the last 90 days. Corporate insiders own 12.30% of the company’s stock.

Chime Financial Price Performance

CHYM opened at $31.60 on Thursday. Chime Financial, Inc. has a fifty-two week low of $15.88 and a fifty-two week high of $33.41. The firm has a market capitalization of $12.04 billion, a PE ratio of -451.36 and a beta of 0.31. The company’s 50-day moving average is $21.30 and its 200 day moving average is $20.90.

Chime Financial (NASDAQ:CHYM) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.08. The business 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%.Chime Financial’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same quarter last year, the firm posted ($7.29) EPS. As a group, analysts expect that Chime Financial, Inc. will post 0.37 EPS for the current year.

Chime Financial News Roundup

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CHYM. Barclays upped their price target on Chime Financial from $26.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Wall Street Zen upgraded Chime Financial from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Piper Sandler upped their target price on Chime Financial from $30.00 to $35.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. 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 report on Thursday, August 6th. Finally, Weiss Ratings raised shares of Chime Financial from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Chime Financial has an average rating of “Moderate Buy” and an average 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.