Chavers Kevin Gerald Acquires Shares in CIM
Kevin Gerald Chavers purchased 11,263 CIM shares in a recent insider transaction.
Key Points
- Chavers Kevin Gerald bought 11,263 shares of CIM on June 11, 2026, with no transaction value recorded.
- CIM shares traded at $13.36, with significant activity from major funds like BlackRock and Thornburg Investment Management.
- Analysts from RBC Capital reiterated a hold rating with a $14 target, while UBS maintained a buy rating with a $15.5 target.
Chavers Kevin Gerald recently purchased 11,263 shares of CIM on June 11, 2026. This insider transaction didn't have a recorded transaction value, as the shares were acquired at a price of $0.00.
Other Institutional Activity in CIM
In recent institutional activity, BlackRock, Inc. reduced its position in CIM by 184,395 shares, leaving it with 7,173,129 shares valued at approximately $90.02 million. On the other hand, Thornburg Investment Management Inc. increased its holdings by 207,821 shares, bringing its total to 5,476,302 shares worth about $68.73 million. Vanguard Portfolio Management LLC now holds 3,606,666 shares valued at $45.26 million. Similarly, Vanguard Capital Management LLC added 3,494,701 shares, totaling $43.86 million in value. Allianz Asset Management GmbH also boosted its stake by 260,842 shares, ending with 2,127,388 shares worth $26.70 million.
Insider Buying and Selling at Chimera Investment Corporation
On the same day as Chavers’ purchase, several other insiders also acquired shares of CIM. Debra Still, Susan Mills, Brian Patrick Reilly, Cynthia Walsh, and Gerard Creagh each bought 11,263 shares. These transactions were not part of any pre-planned trading program.
Analysts Set New Price Targets
On June 3, 2026, RBC Capital reiterated its hold rating on CIM with a price target of $14. UBS has maintained a buy rating with a target of $15.5 since November 18, 2025. Earlier in 2025, UBS upgraded CIM to a buy with a $15 target.
Bottom Line
This insider buying activity at CIM reflects interest from several insiders in the company. Investors often track such transactions for potential insights into company prospects. It's important to note that these insider trades are disclosed after the fact. Additionally, CIM's stock has seen varied institutional interest and consistent analyst coverage, suggesting a watchful market.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
