Adam Frankel Sells 102,002 Shares of Chime Financial (NASDAQ:CHYM) Stock

16 Sep 2026, 23:09 by Michael Walen · The Markets Daily

Chime Financial, Inc. (NASDAQ:CHYM – Get Free Report) General Counsel Adam Frankel sold 102,002 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $33.31, for a total transaction of $3,397,686.62. Following the transaction, the general counsel owned 364,828 shares of the company’s stock, valued at $12,152,420.68. This represents a 21.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chime Financial Trading Down 7.0%

Shares of NASDAQ CHYM traded down $2.36 during midday trading on Wednesday, hitting $31.25. The company’s stock had a trading volume of 8,242,627 shares, compared to its average volume of 5,455,204. The stock has a fifty day moving average price of $28.23 and a 200 day moving average price of $22.71. Chime Financial, Inc. has a one year low of $15.88 and a one year high of $35.55. The firm has a market capitalization of $11.83 billion, a price-to-earnings ratio of -446.36 and a beta of 0.60.

Chime Financial (NASDAQ:CHYM – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.08. The company had revenue of $669.77 million during the quarter. Chime Financial had a negative net margin of 0.74% and a negative return on equity of 1.28%. The firm’s quarterly revenue was up 26.8% on a year-over-year basis. During the same period last year, the business posted ($7.29) earnings per share. On average, equities research analysts predict that Chime Financial, Inc. will post 0.43 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings raised Chime Financial from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, September 3rd. BMO Capital Markets increased their price objective on Chime Financial from $28.00 to $32.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Freedom Capital upgraded Chime Financial to a “strong-buy” rating in a research note on Thursday, July 23rd. Zacks Research raised Chime Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Finally, The Goldman Sachs Group lifted their target price on Chime Financial from $33.00 to $37.00 and gave the company a “buy” rating in a report on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $36.40.

Get Our Latest Stock Report on CHYM

Chime Financial News Roundup

Here are the key news stories impacting Chime Financial this week:

Positive Sentiment: Analyst support remains strong: B. Riley raised its price target to $44, while Rothschild & Co. Redburn upgraded CHYM to “Buy.” Goldman Sachs also recently raised its target to $37 and maintained a “Buy” rating. These actions indicate continued confidence in Chime’s growth outlook. B. Riley price target article Redburn upgrade article
Positive Sentiment: New York office opening signals expansion: Chime opened a new office in New York, potentially supporting hiring, partnerships and broader corporate growth, although the near-term earnings impact is unclear. Chime Financial opens New York office
Neutral Sentiment: Bank acquisition remains the key catalyst: Chime agreed to acquire Central Service Corporation, parent of Stride Bank, for $590 million in cash. The deal could give Chime faster control of its banking infrastructure, but it still requires regulatory approvals and carries integration, capital and execution risks.
Negative Sentiment: Investors are locking in gains: After reaching recent post-IPO highs, CHYM appears vulnerable to profit-taking as shareholders reassess the valuation and the risks surrounding the Stride Bank transaction. The pullback also occurred amid broader weakness in financial shares. Chime Financial bank deal and rally analysis
Negative Sentiment: Heavy insider selling adds pressure: Global Advisors Ltd. Dst sold 207,513 shares for approximately $6.9 million, while directors Shawn Carolan, James Feuille and Cynthia Marshall have also reported sizable sales. The absence of reported insider purchases may weigh on sentiment, even though transactions can reflect diversification or planned selling. Chime insider selling report

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CHYM. AMS Capital Ltda bought a new stake in Chime Financial during the first quarter valued at $3,439,000. Arrowstreet Capital Limited Partnership grew its position in Chime Financial by 2,720.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,756,555 shares of the company’s stock worth $51,630,000 after buying an additional 2,658,816 shares in the last quarter. Hsbc Holdings PLC bought a new position in Chime Financial in the 4th quarter worth about $1,274,000. Brown University raised its holdings in shares of Chime Financial by 99.0% in the 1st quarter. Brown University now owns 204,625 shares of the company’s stock valued at $3,833,000 after acquiring an additional 101,820 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Chime Financial by 115.0% in the 1st quarter. Bank of America Corp DE now owns 319,579 shares of the company’s stock valued at $5,986,000 after acquiring an additional 170,941 shares in the last quarter.

Chime Financial Company Profile

(Get Free Report)

Chime Financial, Inc is a financial technology company that operates a digital banking platform in the United States. Chime provides consumer-focused banking services through its mobile application and website, offering checking and savings accounts, debit cards, direct-deposit services and tools designed to help customers manage their everyday finances. Chime is not a traditional bank; its banking services are provided through partner financial institutions.