Chime Financial general counsel Adam Frankel sells over $3.3m in stock

DST Global Advisors, a 10% owner of Chime Financial (CHYM), sold 3.2 million shares for $109.3 million at $33.18-$34.55 per share on September 14, 2026. The stock has since fallen to $31.25. Chime is unprofitable but revenue grew 26%. Analysts raised price targets to $38-$50 after its Stride Bank acquisition announcement.

Chime Financial director James Feuille sold $14.7m in Class A stock via associated entities. Shares sold at $31.46-$34.41, with Chime's stock up 59% in six months. Chime plans to acquire Stride Bank for $590m, with analysts raising price targets to $38-$50. Feuille's indirect holdings total 19.4m shares.

Chime Financial (CHYM) director James Feuille sold $11.6m in shares on September 10-11, 2026, at prices ranging from $32.89 to $33.15. Chime's stock has risen 65% in six months, trading at $33.97. InvestingPro suggests it may be overvalued. Chime agreed to acquire Stride Bank for $590m, with analysts raising price targets to $38-$50.

Compass Point upgraded Coinbase (COIN) to Neutral with a $177 price target, up from $130. Other upgrades include 4D Molecular Therapeutics (FDMT), Affirm (AFRM), Chime Financial (CHYM), and Bullish (BLSH) by their respective analysts. COIN closed at $175.26 on Friday.

Rothschild & Co Redburn upgraded Chime (CHYM) to Buy from Neutral with a $46 price target. The move follows a recent deal to buy a bank partner. Scotiabank also raised its price target for ChYM to $42 from $40.

Chime Financial (CHYM) agreed to acquire Stride Bank for $590M in cash, aiming to integrate banking operations and expand lending. The deal, expected to close in 2027, is projected to generate over $100M in net synergies. Chime also raised its 2026 revenue growth forecast to 26-27%. Shares rose nearly 10% post-announcement.