DST Global Advisors sells $38.6 million of Chime Financial shares

DST Global Advisors Ltd. sold 1.17 million shares of Chime Financial Inc. (NASDAQ:CHYM) for roughly $38.6 million on August 26, 2026. Prices during the sale ranged from $33.00 to $33.56 per share, as the stock traded close to its 52-week high of $34.16 following a 50% gain over the past six months. The insider transaction, which represents a 10% ownership stake, may have been influenced by Chime's overvalued status according to InvestingPro analysis.

The shares were sold indirectly through multiple limited partnerships. As a 10% owner and director of Chime Financial, DST Global Advisors Ltd. disclosed it does not hold a beneficial ownership interest beyond its financial stake. Chime reported a 27% revenue increase in Q2, with active members up 20% to 10.4 million, and raised its full-year earnings outlook.

Analysts, including Wolfe Research and Morgan Stanley, raised price targets for the fintech company. Chime is also exploring the integration of stablecoins into its banking platform. However, Chime Financial's CFO, Matthew Newcomb, recently left his position.