Chime Financial (CHYM) Co-founder A Sells $1.5M of Stock
Co-Founder Ryan A King sold 50,000 shares of Chime Financial on October 9, 2026.
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King Ryan A, Co-Founder at Chime Financial, Inc. ($CHYM), sold 50,000 shares at an average price of $29.40, worth about $1.47 million, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $CHYM is down 1.4% after 1 week and down 1.4% to date (from the $30.08 close on Oct 9, 2026).
CHYM
Chime Financial, Inc.
Key Points
- Ryan A King, co-founder of Chime Financial, sold 50,000 shares at a price of $29.40, totaling approximately $1.47 million on October 9, 2026.
- Chime Financial trades recently at around $29.30, which is below its 50-day moving average of $30.77 but above its 200-day average of $23.64.
- Analysts have a strong buy consensus on Chime Financial with a mean price target of $39.77, indicating potential upside from the recent trading levels.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Chime Financial, Inc. alert may contain errors. Disclosures
King Ryan A, co-founder of Chime Financial, Inc. (CHYM), sold 50,000 shares on October 9, 2026, at an average price of $29.40. This trade is valued at about $1.47 million. King’s sale was made under a planned trading arrangement.
Inside King Ryan A's Trade
King Ryan A sold 50,000 shares of Chime Financial, which represents a significant transaction for him. The sale was valued at approximately $1.47 million, reflecting the average price of $29.40 per share. This transaction follows a series of insider trades at Chime Financial, with King being a notable figure given his role in the company.
Other Institutional Activity in Chime Financial
Several other institutional players have been active in Chime Financial. Galileo (ptc) Ltd holds 52,268,715 shares worth about $1.55 billion. Crosslink Capital Inc has 26,185,368 shares valued at approximately $776.9 million. General Atlantic, L.P. owns 21,259,683 shares worth about $630.8 million, while Menlo Ventures Management, L.P. has 17,442,713 shares valued at around $517.5 million. Aspect Management, LLC rounds out the group with 11,933,275 shares worth about $354.1 million.
Chime Financial, Inc. Stock Down 2.2%
Chime Financial recently trades around $29.30, which is below its 50-day moving average of $30.77, suggesting it might be facing some downward pressure. However, it is trading above its 200-day moving average of $23.64, indicating a stronger long-term trend. The stock is also about 17.6% below its 52-week high of $35.55 and significantly above its 52-week low of $15.88.
Recent Earnings
Chime Financial reported trailing twelve-month revenue of approximately $2.46 billion, showing a year-over-year revenue growth of 26.8%. The company recorded an earnings per share (EPS) of $0.88. The next earnings report is expected on November 4, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
1 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 276.8%. Revenue met estimates.
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Profit surprise
EBITDA missed by 35 percent. Operating income beat by 37 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 target raise.
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Earnings quality
Gross margin down 0.5 points. Operating margin up 5.4 points.
Earnings Call Summary
Chime grew active members to 10.2 million, adding nearly 700,000 in Q1. Revenue hit $647 million, up 25 percent year over year, and they turned GAAP profitable with $53 million net income. The company launched Chime Prime, a premium tier with 5 percent cash back, and expects it to drive higher spending and retention. Transaction profit jumped 41 percent to $491 million, driven by strong member growth, higher ARPAM to $263, and improved margins to 76 percent from improved credit mix and MyPay scaling.
Guidance Chime raised full year guidance to $2.66 billion to $2.69 billion revenue, up 22 percent to 23 percent. They expect $416 million to $431 million adjusted EBITDA with 16 percent margin. In Q2, they guide $633 million to $643 million revenue with 20 percent to 22 percent growth.
Solid report. Results were generally better than expected, but the forward outlook did not materially change.
Insider Buying and Selling at Chime Financial, Inc.
In addition to King Ryan A's recent sale, there have been other notable insider transactions. Adam Frankel, General Counsel, sold 3,000 shares on June 15, 2026, at a price of $17.50, valued at $52,500. On September 14, 2026, a beneficial owner sold 3,216,189 shares, valued at about $109.3 million. These transactions reflect ongoing trading activity among insiders at Chime Financial.
Analysts Set New Price Targets
Analysts are optimistic about Chime Financial, with several firms recently updating their ratings. On September 9, 2026, Loop Capital initiated coverage with a Buy rating and a $45 price target. On September 14, B. Riley Securities maintained its Buy rating, raising its target to $44. Rothschild & Co also upgraded its rating to Buy with a target of $46. Goldman Sachs maintained a Buy rating with a target of $37, while Deutsche Bank upgraded its rating to Buy with a target of $35 on October 8, 2026. The consensus among analysts is a strong buy with a mean price target of $39.77.
About Chime Financial
Chime Financial, Inc. is a technology company that offers digital banking and payment solutions both in the U.S. and internationally. With a market cap of approximately $11.23 billion, Chime is positioned in the growing financial technology sector, focusing on consumer banking services. This insider sale by King Ryan A may highlight his confidence in the company's long-term strategy despite recent stock movements.
Bottom Line
Investors should keep an eye on Chime Financial as it approaches its next earnings report on November 4, 2026. The recent insider sales, along with analyst upgrades, suggest a dynamic period ahead for the company. Watch for further developments in insider trading and market performance as the year progresses.
Related Filing Alerts
Source: King Ryan A's Form 4 filing on $CHYM (Oct 9, 2026). Find the original filing: CHYM Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts