Spyglass Capital Management LLC Boosts Holdings in Chime Financial, Inc. $CHYM

Posted by Brenda Bartman on Sep 1st, 2026

Spyglass Capital Management LLC boosted its stake in shares of Chime Financial, Inc. (NASDAQ:CHYM – Free Report) by 162.6% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,406,249 shares of the company’s stock after purchasing an additional 2,109,057 shares during the period. Chime Financial makes up approximately 3.8% of Spyglass Capital Management LLC’s portfolio, making the stock its 13th biggest holding. Spyglass Capital Management LLC owned 0.90% of Chime Financial worth $69,760,000 as of its most recent filing with the SEC.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on CHYM. BMO Capital Markets raised their price target on shares of Chime Financial from $28.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. UBS Group upped their price objective on shares of Chime Financial from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Barclays increased their target price on shares of Chime Financial from $26.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Weiss Ratings lowered Chime Financial from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, August 20th. Finally, Morgan Stanley upped their price target on Chime Financial from $33.00 to $39.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Chime Financial presently has an average rating of “Moderate Buy” and a consensus price target of $32.33.

Check Out Our Latest Research Report on Chime Financial

Insider Transactions at Chime Financial

In related news, major shareholder Global Advisors Ltd Dst sold 1,168,667 shares of Chime Financial stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $33.04, for a total value of $38,612,757.68. Following the sale, the insider directly owned 369,370 shares in the company, valued at approximately $12,203,984.80. The trade was a 75.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 13,582,790 shares of company stock valued at $441,268,723. Insiders own 12.30% of the company’s stock.

Chime Financial Stock Down 0.3%

CHYM opened at $33.11 on Tuesday. The company has a market cap of $12.53 billion, a price-to-earnings ratio of -472.93 and a beta of 0.30. Chime Financial, Inc. has a 52-week low of $15.88 and a 52-week high of $34.16. The firm’s fifty day simple moving average is $25.30 and its two-hundred day simple moving average is $21.69.

Chime Financial (NASDAQ:CHYM – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.08. Chime Financial had a negative net margin of 0.74% and a negative return on equity of 1.28%. The business had revenue of $669.77 million for the quarter. During the same quarter last year, the business earned ($7.29) EPS. The firm’s revenue for the quarter was up 26.8% compared to the same quarter last year. On average, research analysts forecast that Chime Financial, Inc. will post 0.41 EPS for the current year.

About Chime Financial

(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.