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DST Global Advisors sells $28.1m stake in Chime Financial

Fund sells 856,825 shares at prices between $32.50 and $33.62, retaining 42.5 million shares. Chime's stock near 52-week high after 55% six-month surge.

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Priya Anand · Equities & Earnings Desk · 28 Aug 2026 · 00:07 · 1 min read
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DST Global Advisors sells $28.1m stake in Chime Financial

DST Global Advisors Ltd disposed of 856,825 shares of Chime Financial Inc. (NASDAQ: CHYM) in two transactions on August 20 and 21, 2025, generating approximately $28.1 million at prices ranging from $32.50 to $33.62 per share.

The sales were executed indirectly through seven affiliated funds, including DST Global VI, L.P. and DST Global VII, L.P. Following the disposition, DST Global Advisors retains an indirect stake of roughly 42.5 million shares of Chime's Class A common stock.

Chime's shares have appreciated 55% over the past six months and were trading near a 52-week high of $33.74 at the time of the transaction. The company reported a 27% year-over-year increase in second-quarter revenue, alongside a 20% rise in active members to 10.4 million. Adjusted EBITDA margin expanded to 15%, and management raised its full-year outlook.

Analysts have also upgraded price targets on the stock. Wolfe Research lifted its target to $32 from $26 while maintaining an Outperform rating, while Morgan Stanley increased its target to $33 from $31, citing accelerating user growth and improved profitability in credit products and Chime Prime. The company is also exploring stablecoin integration for its consumer banking platform and has appointed a new CFO following the departure of Matthew Newcomb.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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