Chime Financial (NASDAQ:CHYM) General Counsel Adam Frankel Sells 500 Shares

Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) General Counsel Adam Frankel sold 500 shares of Chime Financial stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $27.00, for a total value of $13,500.00. Following the completion of the sale, the general counsel directly owned 252,416 shares in the company, valued at $6,815,232. This trade represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.Get Chime Financial alerts:Chime Financial Trading Down 4.7%Chime Financial: Analysts Ring In—And It’s a BuyChime Financial stock traded down $1.30 during midday trading on Friday, reaching $26.19. 5,608,643 shares of the stock traded hands, compared to its average volume of 3,444,929. The business's fifty day moving average price is $20.15. Chime Financial, Inc. has a 12 month low of $16.17 and a 12 month high of $44.94. Chime Financial (NASDAQ:CHYM - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.25) by $0.10. The firm had revenue of $543.52 million during the quarter. Chime Financial's revenue was up 28.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.34) earnings per share. Institutional Inflows and OutflowsIPO Momentum Returns: 3 Stocks Rising After CoreWeave’s SurgeSeveral large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC bought a new position in shares of Chime Financial during the second quarter valued at approximately $33,000. Scopus Asset Management L.P. purchased a new position in Chime Financial during the 2nd quarter valued at $34,000. Daiwa Securities Group Inc. bought a new position in Chime Financial in the 2nd quarter valued at $40,000. Osaic Holdings Inc. bought a new position in Chime Financial in the 2nd quarter valued at $45,000. Finally, Farther Finance Advisors LLC purchased a new stake in Chime Financial in the third quarter worth $50,000. Wall Street Analysts Forecast GrowthCHYM has been the topic of a number of recent research reports. Keefe, Bruyette & Woods decreased their price target on shares of Chime Financial from $42.00 to $35.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 1st. Weiss Ratings restated a "sell (d-)" rating on shares of Chime Financial in a research report on Wednesday, October 8th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $40.00 price target on shares of Chime Financial in a report on Thursday, October 30th. Arete Research upgraded Chime Financial to a "strong-buy" rating in a research report on Tuesday, September 30th. Finally, UBS Group decreased their price objective on Chime Financial from $37.00 to $24.00 and set a "neutral" rating on the stock in a research report on Thursday, November 6th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $32.25.Chime’s Smart IPO: Half the Valuation, Double the StrengthRead Our Latest Stock Report on Chime FinancialAbout Chime Financial (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.See AlsoFive stocks we like better than Chime FinancialBiggest Stock Losers - Today’s Biggest Percentage DeclinersSynopsys Sees Bullish Shift as Ansys Integration Drives GrowthRussell 2000 Index, How Investors Use it For Profitable TradingThe Best Holiday Present You Can Give Yourself? Costco StockUsing the MarketBeat Stock Split CalculatorWhy Zscaler Stock Could Be Ready to Bounce After a 30% SelloffThis 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.Should You Invest $1,000 in Chime Financial Right Now?Before you consider Chime Financial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chime Financial wasn't on the list.While Chime Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here