Chime financial director DST Global Advisors sells $58.6m in stock

DST Global Advisors Ltd, a director and 10% owner of Chime Financial, Inc. (NASDAQ:CHYM), disposed of 1,796,196 shares of Class A Common Stock on August 6, 2026. The total value of these sales amounted to $58,592,129, with prices ranging between $32.5003 and $33.1332 per share.

The transactions were conducted indirectly through several affiliated limited partnerships. These include DST Global VI, L.P., DST Investments XXI, L.P., DSTG VI Investments, L.P., DSTG VI Investments-A, L.P., DST Global VII, L.P., DSTG VII Investments-1, L.P., and DSTG VII Investments-4, L.P.The insider sale comes as Chime’s stock trades near its 52-week high of $33.41, having surged 24% over the past week and 49% over six months. According to InvestingPro analysis, the stock appears slightly overvalued relative to its Fair Value, with shares currently at $30.85. For deeper insights into Chime’s valuation and performance metrics, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities.

DST Global Advisors Ltd, along with related entities such as DST Managers VI Limited, DST Managers VII Limited, Cardew Services Limited, Galileo (PTC) Limited, and Despoina Zinonos, disclaims beneficial ownership of the reported securities, except to the extent of their pecuniary interest. Following these transactions, the various entities indirectly hold a combined total of 50,472,519 shares of Class A Common Stock.

In other recent news, Chime Financial reported a 27% increase in second-quarter revenue compared to the previous year, with active members rising by 20% to 10.4 million. This growth led the company to enhance its full-year outlook. The adjusted EBITDA margin also expanded to 15%, reflecting improved profitability. Following these results, Wolfe Research increased its price target for Chime Financial to $32, maintaining an Outperform rating, citing the earnings beat and raised guidance. Morgan Stanley also raised its price target to $33, highlighting accelerating user growth and increased average revenue per active member, driven by the expansion of credit products and Chime Prime. Additionally, Chime Financial adjusted its 2026 outlook upwards, anticipating better revenue, adjusted EBITDA, and active member growth. Meanwhile, CFO Matthew Newcomb announced his departure from the company. These developments have captured the attention of investors and analysts alike.