Dimensional Fund Advisors LP Buys New Stake in Chime Financial, Inc. $CHYM

Key Points

• Dimensional Fund Advisors initiated a 98,866-share stake in Chime Financial worth approximately $1.85 million, joining several institutional investors that recently increased or initiated positions.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $31.06; Barclays, Morgan Stanley and BMO Capital Markets recently raised their targets to $32–$33.
• Chime beat quarterly earnings expectations with $0.07 EPS versus a projected loss of $0.01, while revenue rose 26.8% year over year to $669.77 million. However, significant insider and shareholder selling—including more than 3.65 million insider shares over the past quarter—could weigh on sentiment after the stock’s sharp rally.

Dimensional Fund Advisors LP bought a new position in shares of Chime Financial, Inc. (NASDAQ:CHYM - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 98,866 shares of the company's stock, valued at approximately $1,852,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in CHYM. Farther Finance Advisors LLC increased its position in Chime Financial by 2,794.6% during the fourth quarter. Farther Finance Advisors LLC now owns 72,366 shares of the company's stock worth $1,821,000 after buying an additional 69,866 shares during the period. Baxter Bros Inc. purchased a new stake in Chime Financial during the 4th quarter valued at approximately $2,799,000. Hsbc Holdings PLC acquired a new stake in Chime Financial during the 4th quarter worth approximately $1,274,000. Brown University lifted its position in Chime Financial by 99.0% during the 1st quarter. Brown University now owns 204,625 shares of the company's stock worth $3,833,000 after acquiring an additional 101,820 shares during the period. Finally, Davis Selected Advisers grew its stake in shares of Chime Financial by 3.0% in the 4th quarter. Davis Selected Advisers now owns 2,472,106 shares of the company's stock valued at $62,223,000 after purchasing an additional 72,940 shares during the last quarter.

Analysts Set New Price Targets

CHYM has been the subject of a number of analyst reports. Barclays upped their price objective on shares of Chime Financial from $26.00 to $33.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Morgan Stanley raised their price objective on shares of Chime Financial from $31.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. BMO Capital Markets lifted their price objective on Chime Financial from $28.00 to $32.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Freedom Capital upgraded Chime Financial to a "strong-buy" rating in a research report on Thursday, July 23rd. Finally, Weiss Ratings raised Chime Financial from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $31.06.

Trending Headlines about Chime Financial

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

• Positive Sentiment: Chime is reportedly weighing a stablecoin wallet for its consumer banking app. Although no launch decision or timeline has been announced, the potential feature could expand Chime’s digital-asset capabilities, increase customer engagement and open additional transaction-related revenue opportunities. Chime Weighs Adding Stablecoin Wallet to Consumer Banking App
• Neutral Sentiment: Chime announced $3 million in scholarships for 800 students through the 2026–2027 Chime Scholars Foundation cohort. The program has awarded nearly $10 million since 2022 and supports the company’s brand and community-reputation efforts, though the financial impact on CHYM is likely limited. Chime Scholars Foundation Announces 2026–2027 Cohort
• Negative Sentiment: Major shareholder Global Advisors Ltd Dst sold approximately 1.04 million shares for $33.4 million on August 11 and another 2,022 shares for about $64,700 on August 12. The larger transaction reduced its direct ownership by roughly 69%, potentially signaling profit-taking or weakening near-term investor sentiment. SEC ownership filing
• Negative Sentiment: Additional reported sales by Chime insiders and shareholders included 375,000 shares sold by Ryan King, 150,000 by Christopher Britt, 65,000 by Matthew Newcomb and 1.80 million by Global Advisors. The cluster of disposals adds supply and may raise concerns because CHYM has recently rallied sharply.

Chime Financial Stock Up 1.8%

CHYM opened at $32.18 on Friday. The business's fifty day simple moving average is $21.58 and its 200 day simple moving average is $20.94. Chime Financial, Inc. has a 52 week low of $15.88 and a 52 week high of $33.41. The firm has a market cap of $12.26 billion, a P/E ratio of -459.65 and a beta of 0.31.

Chime Financial (NASDAQ:CHYM - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.08. The company had revenue of $669.77 million for the quarter. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%.The company's revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($7.29) EPS. As a group, equities analysts expect that Chime Financial, Inc. will post 0.39 EPS for the current fiscal year.

Insider Buying and Selling at Chime Financial

In related news, CAO Amine Asmerom sold 10,000 shares of Chime Financial stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00. Following the transaction, the chief accounting officer owned 216,946 shares in the company, valued at approximately $6,508,380. The trade was a 4.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Christopher R. Britt sold 150,000 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $30.16, for a total transaction of $4,524,000.00. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 3,653,521 shares of company stock worth $116,359,457. 12.30% of the stock is currently owned by company insiders.

Chime Financial Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source