<div id="readability-page-1"><p>HMI Capital Management L.P. acquired a new stake in  Chime Financial, Inc. (NASDAQ:CHYM - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,270,744 shares of the company's stock, valued at approximately $43,853,000. Chime Financial comprises  2.5% of HMI Capital Management L.P.'s holdings, making the stock its 10th biggest position. HMI Capital Management L.P. owned approximately 0.34% of Chime Financial at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Chime Financial</strong> alerts:</span></p></div><ul><li>Chime Financial: Analysts Ring In—And It’s a Buy</li></ul><p>A number of other institutional investors have also recently added to or reduced their stakes in CHYM. EverSource Wealth Advisors LLC acquired a new position in  Chime Financial in the 2nd quarter valued at approximately $33,000.  Scopus Asset Management L.P. bought a new stake in shares of  Chime Financial in the second quarter worth $34,000.  Daiwa Securities Group Inc. acquired a new stake in  Chime Financial in the second quarter valued at $40,000.  Osaic Holdings Inc. bought a new position in  Chime Financial during the 2nd quarter worth $45,000.  Finally, Emerald Mutual Fund Advisers Trust acquired a new position in  Chime Financial during the 2nd quarter worth about $113,000. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised Chime Financial from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and increased their price target for the company from $26.00 to $27.00 in a research note on Monday, December 1st. JPMorgan Chase &amp; Co. decreased their target price on shares of Chime Financial from $40.00 to $34.00 and set an &#34;overweight&#34; rating for the company in a research report on Thursday, November 6th. Williams Trading  set a $17.00 price target on shares of Chime Financial in a research report on Monday, November 3rd. Keefe, Bruyette &amp; Woods reduced their price objective on shares of Chime Financial from $42.00 to $35.00 and set an &#34;outperform&#34; rating on the stock in a research note on Wednesday, October 1st. Finally, UBS Group lowered their target price on shares of Chime Financial from $37.00 to $24.00 and set a &#34;neutral&#34; rating for the company in a research note on Thursday, November 6th. Two equities 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 assigned  a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $32.25.</p><ul><li>IPO Momentum Returns: 3 Stocks Rising After CoreWeave’s Surge</li></ul><p><b>Read Our Latest Analysis on CHYM</b></p><h2>Chime Financial Price Performance</h2><p>Shares of CHYM stock opened at $26.19 on Monday. The stock's 50 day moving average is $20.15. Chime Financial, Inc. has a 52 week low of $16.17 and a 52 week high of $44.94. </p><ul><li>Chime’s Smart IPO: Half the Valuation, Double the Strength</li></ul><p>Chime Financial (NASDAQ:CHYM - Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.10. The company had revenue of $543.52 million for the quarter. The firm's quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.34) earnings per share. </p><h2>Insider Activity</h2><p>In other news, General Counsel Adam B. Frankel sold 6,760 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $23.84, for a total transaction of $161,158.40. Following the transaction, the general counsel owned 244,416 shares of the company's stock, valued at $5,826,877.44. This represents a 2.69% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 8,260 shares of company stock worth $200,158. </p><h2>Chime Financial Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Chime Financial</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>The 3 Best Blue-Chip Stocks to Buy Now</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0hZTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0hZTQ"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Chime Financial Right Now?</h2><p>Before you consider Chime Financial, you'll want to hear this.</p><p>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.</p><p>While Chime Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CHYM

<p>HMI Capital Management L.P. acquired a $43.85 million stake in Chime Financial, Inc., purchasing 1,270,744 shares. This makes Chime Financial 2.5% of HMI's holdings and its 10th largest position. The acquisition was part of several institutional investments in Chime during the second quarter. Analysts have given Chime a "Moderate Buy" rating with a consensus price target of $32.25. Chime's recent earnings report showed a revenue increase of 28.8% year-over-year.</p>

HMI Capital Management L.P. Takes $43.85 Million Position in Chime Financial, Inc. $CHYM