Insider Selling: Chime Financial (NASDAQ:CHYM) General Counsel Sells 3,000 Shares of Stock

Posted by Francis Steltz on Jun 10th, 2026

Chime Financial, Inc. (NASDAQ:CHYM – Get Free Report) General Counsel Adam Frankel sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $18.00, for a total transaction of $54,000.00. Following the sale, the general counsel owned 306,795 shares of the company’s stock, valued at $5,522,310. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Chime Financial Trading Down 3.7%

CHYM stock traded down $0.63 during midday trading on Wednesday, reaching $16.44. 3,787,672 shares of the company’s stock traded hands, compared to its average volume of 4,269,763. Chime Financial, Inc. has a 52-week low of $16.17 and a 52-week high of $44.94. The stock has a market cap of $6.26 billion and a P/E ratio of -2.21. The stock’s 50-day moving average is $19.64 and its 200 day moving average is $21.95.

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

Hedge Funds Weigh In On Chime Financial

A number of hedge funds have recently modified their holdings of the company. Tiger Global Management LLC boosted its position in shares of Chime Financial by 13.8% in the fourth quarter. Tiger Global Management LLC now owns 14,192,499 shares of the company’s stock worth $357,225,000 after purchasing an additional 1,721,731 shares during the period. Aspect Management LLC bought a new position in shares of Chime Financial in the fourth quarter worth approximately $300,361,000. Capital Research Global Investors boosted its position in shares of Chime Financial by 90.0% in the third quarter. Capital Research Global Investors now owns 6,878,057 shares of the company’s stock worth $138,730,000 after purchasing an additional 3,258,179 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of Chime Financial in the fourth quarter worth approximately $129,091,000. Finally, Orland Properties Ltd bought a new position in shares of Chime Financial in the second quarter worth approximately $159,093,000.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. KeyCorp assumed coverage on shares of Chime Financial in a report on Wednesday, March 4th. They set an “overweight” rating and a $30.00 target price for the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a $40.00 target price on shares of Chime Financial in a report on Monday, May 11th. Texas Capital raised shares of Chime Financial to a “strong-buy” rating in a report on Tuesday, April 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Chime Financial in a research report on Wednesday, June 3rd. Finally, Wall Street Zen upgraded shares of Chime Financial from a “hold” rating to a “buy” rating in a research report on Sunday, April 12th. Four investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $31.65.

Check Out Our Latest Stock Analysis on CHYM

Chime Financial Company Profile

(Get 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.