DST Global Advisors sells $109.3m in Chime Financial shares
DST Global Advisors sold 3.2 million shares of Chime Financial Inc. (CHYM) for $109.3 million on September 14, 2026, at prices between $33.18 and $34.55 per share. The sale was conducted through multiple limited partnerships, and the stock subsequently fell to $31.25, below the sale prices. Following the insider sale, Chime's stock has surged 59% over the past six months.
Analysts have raised their price targets for the company, with Canaccord setting the highest target at $50, citing the strategic acquisition of Stride Bank, which is expected to unlock $100 million in net synergies.
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