Key Points
- Director James Feuille sold 7,229 shares on Dec. 16 at an average price of $24.82 for $179,423.78 (and had sold 176,168 shares on Dec. 11 at $27.12 for $4.78M), leaving him with 7,037,707 shares — a 0.10% reduction in his position.
- Chime beat Q3 EPS estimates (reported ($0.15) vs. est. ($0.25)) with revenue of $543.5M, up 28.8% YoY; the stock trades around $25.34 (1‑year range $16.17–$44.94) and carries an average analyst rating of "Moderate Buy" with a $32.25 target.
Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) Director James Feuille sold 7,229 shares of the firm's stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $24.82, for a total transaction of $179,423.78. Following the transaction, the director owned 7,037,707 shares of the company's stock, valued at approximately $174,675,887.74. This represents a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
James Feuille also recently made the following trade(s):
- On Thursday, December 11th, James Feuille sold 176,168 shares of Chime Financial stock. The shares were sold at an average price of $27.12, for a total value of $4,777,676.16.
Chime Financial Stock Performance
CHYM stock opened at $25.34 on Friday. Chime Financial, Inc. has a 1-year low of $16.17 and a 1-year high of $44.94. The firm has a 50 day moving average of $20.46.
Chime Financial (NASDAQ:CHYM - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.25) by $0.10. The company had revenue of $543.52 million during the quarter. During the same quarter last year, the company posted ($0.34) earnings per share. Chime Financial's quarterly revenue was up 28.8% compared to the same quarter last year.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Chime Financial in a report on Wednesday, October 8th. Arete Research raised shares of Chime Financial to a "strong-buy" rating in a research note on Tuesday, September 30th. Piper Sandler cut their target price on shares of Chime Financial from $35.00 to $30.00 and set an "overweight" rating for the company in a research note on Thursday, November 6th. Keefe, Bruyette & Woods reduced their target price on Chime Financial from $42.00 to $35.00 and set an "outperform" rating on the stock in a report on Wednesday, October 1st. Finally, William Blair reaffirmed an "outperform" rating on shares of Chime Financial in a report on Tuesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $32.25.
Check Out Our Latest Analysis on CHYM
Hedge Funds Weigh In On Chime Financial
Several hedge funds have recently added to or reduced their stakes in CHYM. EverSource Wealth Advisors LLC acquired a new position in Chime Financial during the 2nd quarter valued at about $33,000. Scopus Asset Management L.P. bought a new stake in shares of Chime Financial during the second quarter worth approximately $34,000. Daiwa Securities Group Inc. acquired a new position in Chime Financial in the second quarter valued at approximately $40,000. Osaic Holdings Inc. bought a new position in Chime Financial in the second quarter valued at approximately $45,000. Finally, Farther Finance Advisors LLC acquired a new stake in Chime Financial during the 3rd quarter worth $50,000.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
