Chime Financial, Inc. (NASDAQ:CHYM – Get Free Report) CAO Amine Asmerom sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total value of $250,000.00. Following the completion of the sale, the chief accounting officer directly owned 226,946 shares of the company’s stock, valued at approximately $5,673,650. The trade was a 4.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Chime Financial Stock Performance
Shares of CHYM opened at $25.92 on Thursday. The firm has a market cap of $9.88 billion, a PE ratio of -3.49 and a beta of 0.31. The firm’s 50 day moving average price is $20.05 and its 200 day moving average price is $20.74. Chime Financial, Inc. has a twelve month low of $15.88 and a twelve month high of $33.99.
Chime Financial (NASDAQ:CHYM – Get Free Report) last posted its 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 firm had revenue of $669.77 million during the quarter. Chime Financial had a negative net margin of 41.87% and a negative return on equity of 67.86%. Chime Financial’s revenue was up 26.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($7.29) earnings per share. On average, sell-side analysts anticipate that Chime Financial, Inc. will post 0.3 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. Barclays initiated coverage on shares of Chime Financial in a report on Wednesday, July 8th. They issued an “overweight” rating and a $26.00 price objective for the company. BMO Capital Markets reduced their price target on Chime Financial from $30.00 to $28.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Freedom Capital raised Chime Financial to a “strong-buy” rating in a research report on Thursday, July 23rd. Wells Fargo & Company upped their price target on Chime Financial from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Chime Financial in a report on Wednesday, June 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $29.19.
Read Our Latest Report on CHYM
Key Headlines Impacting Chime Financial
Here are the key news stories impacting Chime Financial this week:
- Positive Sentiment: Chime reported second-quarter EPS of $0.07, exceeding the consensus estimate of a $0.01 loss. Revenue rose 26.8% year over year to $669.77 million, and management highlighted expanding margins and a second consecutive quarter of GAAP profitability. Chime Reports Second Quarter 2026 Financial Results
- Positive Sentiment: The company issued third-quarter revenue guidance of $680 million to $690 million, above the $669.5 million analyst consensus, signaling expectations for continued demand and growth. Chime Financial Q2 Earnings Metrics
- Positive Sentiment: Chime raised its full-year 2026 revenue-growth outlook, citing robust demand for its digital banking products. Its full-year revenue outlook of approximately $2.7 billion was broadly in line with consensus. Adoption of Chime Prime, liquidity products, and new employer partnerships were cited as growth drivers. Chime Lifts 2026 Revenue Forecast
- Neutral Sentiment: Chief Financial Officer Matt Newcomb will step down, introducing a leadership transition that investors may monitor despite the upbeat operating outlook. CFO Departure and Revenue Forecast
- Neutral Sentiment: Chief Accounting Officer Amine Asmerom sold 10,000 shares for $250,000 under a pre-arranged Rule 10b5-1 plan. The planned nature of the sale reduces its significance as a bearish signal, though it modestly lowers insider ownership.
- Neutral Sentiment: Chime also saw unusually heavy options activity, indicating increased trading interest but not establishing a clear directional signal. Unusually Large Options Volume
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.
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