James Feuille Sells 256,837 Shares of Chime Financial (NASDAQ:CHYM) Stock

Chime Financial, Inc. (NASDAQ:CHYMGet Free Report) Director James Feuille sold 256,837 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $32.33, for a total value of $8,303,540.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

James Feuille also recently made the following trade(s):

  • On Monday, September 14th, James Feuille sold 95,400 shares of Chime Financial stock. The stock was sold at an average price of $34.09, for a total value of $3,252,186.00.
  • On Friday, September 11th, James Feuille sold 258,398 shares of Chime Financial stock. The shares were sold at an average price of $32.94, for a total value of $8,511,630.12.
  • On Thursday, September 10th, James Feuille sold 93,492 shares of Chime Financial stock. The shares were sold at an average price of $33.15, for a total value of $3,099,259.80.

Chime Financial Stock Performance

CHYM stock traded down $2.36 on Wednesday, reaching $31.25. The company’s stock had a trading volume of 8,242,627 shares, compared to its average volume of 5,455,204. The business has a fifty day simple moving average of $28.23 and a two-hundred day simple moving average of $22.71. Chime Financial, Inc. has a 12-month low of $15.88 and a 12-month high of $35.55. The firm has a market cap of $11.83 billion, a PE ratio of -446.36 and a beta of 0.60.

Chime Financial (NASDAQ:CHYMGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.08. The business 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 revenue was up 26.8% on a year-over-year basis. During the same quarter last year, the firm earned ($7.29) EPS. As a group, research analysts anticipate that Chime Financial, Inc. will post 0.43 earnings per share for the current fiscal year.

Key Headlines Impacting Chime Financial

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

  • Positive Sentiment: Analyst support remains strong: B. Riley raised its price target to $44, while Rothschild & Co. Redburn upgraded CHYM to “Buy.” Goldman Sachs also recently raised its target to $37 and maintained a “Buy” rating. These actions indicate continued confidence in Chime’s growth outlook. B. Riley price target article Redburn upgrade article
  • Positive Sentiment: New York office opening signals expansion: Chime opened a new office in New York, potentially supporting hiring, partnerships and broader corporate growth, although the near-term earnings impact is unclear. Chime Financial opens New York office
  • Neutral Sentiment: Bank acquisition remains the key catalyst: Chime agreed to acquire Central Service Corporation, parent of Stride Bank, for $590 million in cash. The deal could give Chime faster control of its banking infrastructure, but it still requires regulatory approvals and carries integration, capital and execution risks.
  • Negative Sentiment: Investors are locking in gains: After reaching recent post-IPO highs, CHYM appears vulnerable to profit-taking as shareholders reassess the valuation and the risks surrounding the Stride Bank transaction. The pullback also occurred amid broader weakness in financial shares. Chime Financial bank deal and rally analysis
  • Negative Sentiment: Heavy insider selling adds pressure: Global Advisors Ltd. Dst sold 207,513 shares for approximately $6.9 million, while directors Shawn Carolan, James Feuille and Cynthia Marshall have also reported sizable sales. The absence of reported insider purchases may weigh on sentiment, even though transactions can reflect diversification or planned selling. Chime insider selling report

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CHYM shares. Canaccord Genuity Group boosted their price target on shares of Chime Financial from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, September 9th. Rothschild & Co Redburn upgraded shares of Chime Financial from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a report on Monday. The Goldman Sachs Group lifted their price objective on Chime Financial from $33.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday. UBS Group increased their target price on Chime Financial from $28.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 9th. Finally, Barclays increased their target price on Chime Financial from $33.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 9th. Four analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $36.40.

Read Our Latest Research Report on CHYM

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CHYM. Spyglass Capital Management LLC boosted its stake in Chime Financial by 162.6% during the second quarter. Spyglass Capital Management LLC now owns 3,406,249 shares of the company’s stock worth $69,760,000 after acquiring an additional 2,109,057 shares in the last quarter. Ieq Capital LLC bought a new position in shares of Chime Financial during the fourth quarter valued at approximately $58,214,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Chime Financial by 2,720.3% during 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. Owls Nest Partners IA LLC purchased a new position in shares of Chime Financial during the fourth quarter valued at approximately $47,065,000. Finally, Light Street Capital Management LLC boosted its position in shares of Chime Financial by 5.8% in the 2nd quarter. Light Street Capital Management LLC now owns 2,199,089 shares of the company’s stock worth $45,037,000 after purchasing an additional 121,474 shares in the last quarter.

About Chime Financial

(Get Free Report)

Chime Financial, Inc is a financial technology company that operates a digital banking platform in the United States. Chime provides consumer-focused banking services through its mobile application and website, offering checking and savings accounts, debit cards, direct-deposit services and tools designed to help customers manage their everyday finances. Chime is not a traditional bank; its banking services are provided through partner financial institutions.

The company’s products include a Visa debit card, fee-free overdraft protection through SpotMe for eligible members, early access to qualifying direct deposits, savings features and credit-building products.

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Insider Buying and Selling by Quarter for Chime Financial (NASDAQ:CHYM)

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