Chime Financial (NASDAQ:CHYM) Major Shareholder Global Advisors Ltd Dst Sells 2,022 Shares of Stock

Chime Financial, Inc. (NASDAQ:CHYM) major shareholder Global Advisors Ltd Dst sold 2,022 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $32.01, for a total value of $64,724.22. Following the completion of the transaction, the insider directly owned 462,214 shares of the company’s stock, valued at $14,795,470.14. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• 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 transaction of $33,372,019.33.
• On Thursday, August 6th, Global Advisors Ltd Dst sold 1,796,196 shares of Chime Financial stock. The shares were sold at an average price of $32.62, for a total transaction of $58,591,913.52.

Chime Financial Price Performance

NASDAQ:CHYM opened at $32.18 on Friday. The company has a 50 day moving average price of $21.58 and a 200-day moving average price of $20.94. Chime Financial, Inc. has a 1-year low of $15.88 and a 1-year high of $33.41. The firm has a market cap of $12.26 billion, a price-to-earnings ratio of -459.65 and a beta of 0.31.

Chime Financial (NASDAQ:CHYM) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.08. The firm had revenue of $669.77 million for the quarter. Chime Financial had a negative net margin of 0.74% and a negative return on equity of 1.28%. The business’s quarterly revenue was up 26.8% on a year-over-year basis. During the same period last year, the company posted ($7.29) earnings per share. On average, sell-side analysts anticipate that Chime Financial, Inc. will post 0.39 earnings per share for the current fiscal year.

Institutional Trading of Chime Financial

Several institutional investors have recently modified their holdings of the stock. AMS Capital Ltda acquired a new stake in Chime Financial in the 1st quarter valued at about $3,439,000. Transcend Capital Advisors LLC acquired a new position in shares of Chime Financial during the 4th quarter worth approximately $1,286,000. Farther Finance Advisors LLC boosted its holdings in shares of Chime Financial by 2,794.6% during the 4th quarter. Farther Finance Advisors LLC now owns 72,366 shares of the company’s stock worth $1,821,000 after purchasing an additional 69,866 shares during the last quarter. Baxter Bros Inc. purchased a new stake in shares of Chime Financial in the fourth quarter valued at approximately $2,799,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Chime Financial by 2,720.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,756,555 shares of the company’s stock valued at $51,630,000 after purchasing an additional 2,658,816 shares in the last quarter.

Chime Financial News Roundup

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

• Positive Sentiment: Chime is reportedly weighing a stablecoin wallet for its consumer banking app. Although no launch decision or timeline has been announced, the potential feature could expand Chime’s digital-asset capabilities, increase customer engagement and open additional transaction-related revenue opportunities. Chime Weighs Adding Stablecoin Wallet to Consumer Banking App
• Neutral Sentiment: Chime announced $3 million in scholarships for 800 students through the 2026–2027 Chime Scholars Foundation cohort. The program has awarded nearly $10 million since 2022 and supports the company’s brand and community-reputation efforts, though the financial impact on CHYM is likely limited. Chime Scholars Foundation Announces 2026–2027 Cohort
• Negative Sentiment: Major shareholder Global Advisors Ltd Dst sold approximately 1.04 million shares for $33.4 million on August 11 and another 2,022 shares for about $64,700 on August 12. The larger transaction reduced its direct ownership by roughly 69%, potentially signaling profit-taking or weakening near-term investor sentiment. SEC ownership filing
• Negative Sentiment: Additional reported sales by Chime insiders and shareholders included 375,000 shares sold by Ryan King, 150,000 by Christopher Britt, 65,000 by Matthew Newcomb and 1.80 million by Global Advisors. The cluster of disposals adds supply and may raise concerns because CHYM has recently rallied sharply.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CHYM. B. Riley Financial raised their target price on Chime Financial from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Canaccord Genuity Group upped their price target on Chime Financial from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Piper Sandler increased their price target 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 raised their price objective on Chime Financial from $30.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Finally, Wall Street Zen upgraded Chime Financial from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. 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 company’s stock. Based on data from MarketBeat.com, Chime Financial presently has a consensus 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.