DST Global Advisors Ltd. disposed of 1.169 million shares of Chime Financial Inc. on August 26, 2026, generating approximately $38.6 million at prices between $33.00 and $33.56 per share. The shares were sold indirectly through seven limited partnerships, including DST Global VI, L.P. and DST Global VII, L.P. The firm disclosed it held no beneficial ownership beyond its direct pecuniary interest in the transaction.
The sale occurred as Chime’s Class A common stock traded near its 52-week high of $34.16, reflecting a 50% gain over the prior six months. The disposal follows a period of robust financial performance for Chime, which reported a 27% year-over-year revenue increase in the second quarter, alongside a 20% rise in active members to 10.4 million and a 15% adjusted EBITDA margin. The company subsequently raised its full-year guidance.
Analysts have responded positively to Chime’s growth trajectory. Wolfe Research maintained an Outperform rating with a $32 price target, while Morgan Stanley increased its target to $33. The firm has also been cited by Goldman Sachs as a fintech outperformer, with upward revisions to second-quarter revenue and earnings per share estimates. Separately, reports indicated Chime is exploring stablecoin integration within its consumer banking platform, and the company confirmed the departure of Chief Financial Officer Matthew Newcomb.
