Key Points
- Director James Feuille sold 176,168 shares on Dec. 11 at an average price of $27.12 for total proceeds of $4,777,676.16, leaving him with 7,044,936 shares (a 2.44% reduction); the sale was disclosed in an SEC Form 4.
- Chime recently topped EPS estimates, reporting (‑$0.15) versus the consensus (‑$0.25) and generating $543.52 million in revenue, up 28.8% year‑over‑year.
- Analyst sentiment is mixed but generally favorable — MarketBeat shows a consensus rating of Moderate Buy with an average target of $32.25, while individual targets range roughly from $17 to $35.
Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) Director James Feuille sold 176,168 shares of the company's stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $27.12, for a total value of $4,777,676.16. Following the sale, the director owned 7,044,936 shares of the company's stock, valued at approximately $191,058,664.32. This represents a 2.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Chime Financial Price Performance
Shares of NASDAQ CHYM opened at $24.62 on Tuesday. Chime Financial, Inc. has a 12 month low of $16.17 and a 12 month high of $44.94. The business's 50-day simple moving average is $20.22.
Chime Financial (NASDAQ:CHYM - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.10. The company had revenue of $543.52 million for the quarter. During the same quarter in the previous year, the business earned ($0.34) earnings per share. The company's revenue was up 28.8% compared to the same quarter last year.
Institutional Investors Weigh In On Chime Financial
Several large investors have recently modified their holdings of CHYM. EverSource Wealth Advisors LLC bought a new stake in Chime Financial during the second quarter valued at $33,000. Scopus Asset Management L.P. acquired a new position in shares of Chime Financial in the 2nd quarter valued at about $34,000. Daiwa Securities Group Inc. bought a new stake in shares of Chime Financial during the 2nd quarter valued at about $40,000. Osaic Holdings Inc. acquired a new stake in Chime Financial during the second quarter worth approximately $45,000. Finally, Farther Finance Advisors LLC bought a new stake in Chime Financial in the third quarter worth approximately $50,000.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on CHYM shares. UBS Group cut their price objective on Chime Financial from $37.00 to $24.00 and set a "neutral" rating on the stock in a report on Thursday, November 6th. Keefe, Bruyette & Woods lowered their price objective on Chime Financial from $42.00 to $35.00 and set an "outperform" rating for the company in a research note on Wednesday, October 1st. Jefferies Financial Group initiated coverage on shares of Chime Financial in a report on Monday, November 3rd. They set a "hold" rating and a $17.00 target price on the stock. B. Riley initiated coverage on shares of Chime Financial in a report on Thursday, December 11th. They set a "buy" rating and a $35.00 price target on the stock. Finally, Williams Trading set a $17.00 price objective on shares of Chime Financial in a research note on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $32.25.
View Our Latest Stock Report on CHYM
Chime Financial Company Profile
(
Get Free Report)
Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company's model is designed to eliminate common fees and simplify access to basic financial services.
Chime does not charge overdraft fees, monthly service fees, or require minimum balances.
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