Cannon Global Investment Management LLC Acquires New Shares in Chime Financial, Inc. $CHYM

Posted by Brian Himes on Jun 27th, 2026

Cannon Global Investment Management LLC bought a new stake in Chime Financial, Inc. (NASDAQ:CHYM – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 31,004 shares of the company’s stock, valued at approximately $581,000.

Other hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. purchased a new stake in shares of Chime Financial during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC bought a new stake in shares of Chime Financial in the 2nd quarter valued at approximately $33,000. Scopus Asset Management L.P. acquired a new position in Chime Financial in the second quarter worth approximately $34,000. Caitong International Asset Management Co. Ltd increased its holdings in Chime Financial by 686.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,462 shares of the company’s stock worth $37,000 after buying an additional 1,276 shares during the last quarter. Finally, Daiwa Securities Group Inc. bought a new position in Chime Financial during the second quarter valued at approximately $40,000.

Insider Transactions at Chime Financial

In related news, General Counsel Adam B. Frankel sold 3,000 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.50, for a total transaction of $52,500.00. Following the completion of the transaction, the general counsel directly owned 303,795 shares in the company, valued at $5,316,412.50. This represents a 0.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 12.30% of the company’s stock.

Chime Financial Stock Up 11.2%

Shares of NASDAQ:CHYM opened at $20.31 on Friday. The company has a market cap of $7.74 billion and a price-to-earnings ratio of -2.73. The business has a 50 day moving average price of $19.00 and a 200 day moving average price of $21.62. Chime Financial, Inc. has a twelve month low of $15.88 and a twelve month high of $38.67.

Chime Financial (NASDAQ:CHYM – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.10. Chime Financial had a negative return on equity of 67.86% and a negative net margin of 41.87%.The company had revenue of $647.39 million during the quarter. The company’s revenue was up 24.8% compared to the same quarter last year. Analysts anticipate that Chime Financial, Inc. will post 0.3 EPS for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on CHYM. Weiss Ratings reiterated a “sell (e+)” rating on shares of Chime Financial in a research note on Wednesday, June 3rd. BMO Capital Markets assumed coverage on shares of Chime Financial in a report on Wednesday, April 22nd. They set an “outperform” rating and a $30.00 price target on the stock. Wells Fargo & Company lifted their price objective on shares of Chime Financial from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Canaccord Genuity Group reiterated a “buy” rating and issued a $40.00 price objective on shares of Chime Financial in a report on Monday, May 11th. Finally, Texas Capital raised shares of Chime Financial to a “strong-buy” rating in a research report on Tuesday, April 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.65.

Read Our Latest Stock Analysis on Chime Financial

Chime Financial Profile

(Free Report)

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.