Amine Asmerom Sells 19,505 Shares of Chime Financial (NASDAQ:CHYM) Stock

Chime Financial, Inc. (NASDAQ:CHYM) CAO Amine Asmerom sold 19,505 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $32.94, for a total transaction of $642,494.70. Following the completion of the transaction, the chief accounting officer directly owned 280,975 shares in the company, valued at approximately $9,255,316.50. The trade was a 6.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amine Asmerom also recently made the following trade(s):

• On Thursday, August 6th, Amine Asmerom sold 10,000 shares of Chime Financial stock. The stock was sold at an average price of $30.00, for a total transaction of $300,000.00.
• On Tuesday, August 4th, Amine Asmerom sold 10,000 shares of Chime Financial stock. The shares were sold at an average price of $25.00, for a total transaction of $250,000.00.

Chime Financial Stock Down 5.4%

CHYM stock opened at $32.67 on Friday. Chime Financial, Inc. has a twelve month low of $15.88 and a twelve month high of $35.55. The company has a market cap of $12.37 billion, a P/E ratio of -466.65 and a beta of 0.60. The business’s fifty day moving average is $27.49 and its 200-day moving average is $22.43.

Chime Financial (NASDAQ:CHYM) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 EPS for the quarter, topping 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%.The firm’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same period last year, the firm earned ($7.29) earnings per share. Research analysts anticipate that Chime Financial, Inc. will post 0.44 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 agreed to acquire Stride Bank for approximately $590 million in cash. Bringing its longtime banking partner in-house could eliminate partner fees, lower funding costs, improve control over compliance and lending, and generate more than $100 million in annual savings. The transaction is expected to be immediately accretive to earnings after its anticipated first-half 2027 closing. Chime acquisition announcement
• Positive Sentiment: Management raised its outlook to approximately $705 million of third-quarter 2026 revenue and $117 million-$120 million of adjusted EBITDA. Full-year revenue guidance increased to $2.76 billion-$2.77 billion, while adjusted EBITDA guidance rose to $481 million-$489 million. Chime guidance report
• Positive Sentiment: Analyst sentiment improved following the deal. Canaccord raised its target to $50, Loop Capital initiated coverage with a Buy rating and $45 target, and Barclays, KeyCorp, Morgan Stanley, Piper Sandler and Scotiabank also raised their targets.
• Neutral Sentiment: The acquisition remains subject to review by the Office of the Comptroller of the Currency and the Federal Reserve. Investors will watch approval timing, integration costs and whether Chime can keep the bank below the $10 billion asset threshold to preserve favorable debit-card interchange economics.
• Neutral Sentiment: Reported short interest was zero shares, offering no meaningful evidence of bearish positioning. The figure may reflect incomplete or anomalous data rather than a substantive change in investor sentiment.
• Negative Sentiment: Valuation has become a concern after an approximately 86% three-month rally and a move near the stock’s 52-week high. UBS raised its target to $31 but retained a Neutral rating, below the referenced trading level, suggesting limited upside at the current valuation.
• Negative Sentiment: Insiders reported additional selling. Director Ryan King sold 42,421 shares for about $1.49 million, while Chief Accounting Officer Amine Asmerom sold 19,505 shares worth approximately $642,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their value as discretionary bearish signals, but they may still encourage profit-taking.

Institutional Investors Weigh In On Chime Financial

Several large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC bought a new position in shares of Chime Financial during the 2nd quarter valued at about $33,000. Scopus Asset Management L.P. bought a new stake in Chime Financial during the 2nd quarter worth approximately $34,000. PNC Financial Services Group Inc. acquired a new stake in Chime Financial during the 4th quarter worth approximately $25,000. Daiwa Securities Group Inc. acquired a new stake in Chime Financial during the 2nd quarter worth approximately $40,000. Finally, Osaic Holdings Inc. bought a new position in Chime Financial in the second quarter valued at approximately $45,000.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CHYM shares. Wells Fargo & Company upped their price target on Chime Financial from $33.00 to $39.00 and gave the company an “overweight” rating in a research note on Tuesday, August 25th. Canaccord Genuity Group lifted their price objective on shares of Chime Financial from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday. Wall Street Zen upgraded shares of Chime Financial from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Freedom Capital raised shares of Chime Financial to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Zacks Research upgraded shares of Chime Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Chime Financial Company Profile

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.