{
  "id": 19276364,
  "title": "Dst Global Advisors, Chime Financial 10% owner, sells $41.4M stock",
  "url": "https://urgent.news/2026/11/10/dst-global-advisors-chime-financial-10-owner-sells-41-4m-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T03:16:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/dst-global-advisors-chime-financial-10-owner-sells-414m-stock-93CH-5014005"
  },
  "original_language": "en",
  "account": "Dst Global Advisors Ltd, a 10% shareholder and director at Chime Financial, Inc. (NASDAQ:CHYM), recently sold an estimated $41.4 million worth of Class A Common Stock. The transactions took place over two days in November 2026. The stock's recent surge and strong performance have recently caught the attention of investors. As of the latest trading data, Chime's stock price is $32.53, with a market capitalization of $12.5 billion. On November 5th, DST Global Advisors sold 10,740 shares of Chime Financial Class A Common Stock, at prices ranging from $32.00 to $32.15 per share. Two days later, on November 6th, the firm made more significant sales, disposing of 1,369,027 shares across multiple transactions. These were sold at prices between $31.00 and $32.0714 per share. Following these sales, DST Global Advisors indirectly owns 34,688,826 shares through its affiliated limited partnerships. The reporting person has disclaimed beneficial ownership of these securities, except for their pecuniary interest. Experts suggest that Chime's stock may be overvalued relative to its intrinsic value, potentially explaining the insider's decision to sell. Chime Financial recently reported impressive third-quarter results, significantly exceeding expectations. The company earned $0.11 per share, compared to the forecasted loss of $0.02 per share. Revenue for the period increased by 32% to $718 million. Adjusted EBITDA stood at $137 million, surpassing the estimated $118 million. Following these results, Chime Financial raised its annual outlook, expressing continued confidence in its financial performance. Analysts have responded positively to these developments, with Wells Fargo raising its price target to $42.00 and B.Riley increasing theirs to $45.00, both maintaining an Overweight rating. These updates reflect the market's optimism about Chime Financial's future prospects.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}