Amine Asmerom Sells 10,000 Shares of Chime Financial (NASDAQ:CHYM) Stock

Chime Financial, Inc. (NASDAQ:CHYM) CAO Amine Asmerom sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $25.00, for a total transaction of $250,000.00. Following the transaction, the chief accounting officer directly owned 226,946 shares in the company, valued at approximately $5,673,650. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chime Financial Price Performance

Shares of Chime Financial stock opened at $31.25 on Friday. The business has a 50-day moving average of $20.31 and a 200-day moving average of $20.77. The company has a market capitalization of $11.91 billion, a PE ratio of -446.36 and a beta of 0.31. Chime Financial, Inc. has a 1-year low of $15.88 and a 1-year high of $33.99.

Chime Financial (NASDAQ:CHYM) last announced its 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. Chime Financial had a negative return on equity of 1.27% and a negative net margin of 0.74%.The business had revenue of $669.77 million for the quarter. During the same period in the previous year, the firm posted ($7.29) earnings per share. The firm’s revenue was up 26.8% compared to the same quarter last year. On average, equities analysts expect that Chime Financial, Inc. will post 0.3 earnings per share for the current fiscal year.

Chime Financial News Roundup

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

• Positive Sentiment: Chime reported second-quarter earnings of $0.07 per share, versus analysts’ expectations for a $0.01 loss. Revenue rose 26.8% year over year to $669.77 million, while management cited expanding margins and a second consecutive quarter of GAAP profitability. Chime Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter revenue guidance of $680 million to $690 million exceeded the $669.5 million consensus estimate. Chime also raised its 2026 revenue-growth outlook, supported by demand for its digital banking products, Chime Prime, liquidity products and employer partnerships. Chime 2026 Revenue Forecast and Workforce Reduction
• Positive Sentiment: Analysts broadly raised their targets following the results. Canaccord Genuity increased its target to $45 with a buy rating; B. Riley raised its target to $37; Piper Sandler and Keefe, Bruyette & Woods lifted theirs to $35; Morgan Stanley raised its target to $33 with an overweight rating; and Goldman Sachs increased its target to $33 with a buy rating. Analyst Price Target Revisions
• Neutral Sentiment: UBS raised its price target from $26 to $28 but maintained a neutral rating, suggesting some analysts believe the improved outlook is already reflected in the stock. UBS Price Target Revision
• Neutral Sentiment: CFO Matt Newcomb is scheduled to depart, creating a leadership transition that investors will monitor. Chime Revenue Forecast and CFO Departure
• Negative Sentiment: Chime plans to reduce its workforce by approximately 10%. The move could support efficiency and margins, but it also signals cost pressures and may raise concerns about execution or growth investments. Chime Workforce Reduction

Institutional Investors Weigh In On Chime Financial

Several institutional investors and hedge funds have recently made changes to their positions in CHYM. PNC Financial Services Group Inc. acquired a new position in Chime Financial in the fourth quarter worth $25,000. EverSource Wealth Advisors LLC bought a new position in shares of Chime Financial in the 2nd quarter worth about $33,000. Scopus Asset Management L.P. bought a new position in shares of Chime Financial in the 2nd quarter worth about $34,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of 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 during the period. Finally, Daiwa Securities Group Inc. bought a new stake in shares of Chime Financial during the 2nd quarter valued at about $40,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CHYM shares. Compass Point raised Chime Financial from a “neutral” rating to a “buy” rating and cut their target price for the company from $33.00 to $27.00 in a research report on Monday, April 13th. Wells Fargo & Company lifted their price target on shares of Chime Financial from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Canaccord Genuity Group upped their price target on shares of Chime Financial from $40.00 to $45.00 and gave the company a “buy” rating in a report on Thursday. Barclays initiated coverage on shares of Chime Financial in a research note on Wednesday, July 8th. They set an “overweight” rating and a $26.00 price objective on the stock. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Chime Financial from $30.00 to $35.00 and gave the stock an “outperform” rating in a report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.67.

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.