Chemung Financial (CHMG)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	47.04 mm	47.04 mm	47.04 mm	47.04 mm	47.04 mm	47.04 mm
Cash burn (monthly)	11.14 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	27.71 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	19.32 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	1.7	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

CHMG institutional ownership history Ownership history

53.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	69	65	+6.2%
Opened positions	11	14	-21.4%
Closed positions	7	4	+75.0%
Increased positions	25	23	+8.7%
Reduced positions	14	13	+7.7%

13F shares	Current	Prev Q	Change
Total value	91.61 bn	92.78 bn	-1.3%
Total shares	2.57 mm	2.57 mm	-0.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dalrymple Family LTD Partnership	343.54 k	$15.96 mm	0.0%
Chemung Canal Trust	336.13 k	$16.14 bn	-0.9%
Fourthstone	312.92 k	$15.03 bn	-29.9%
BlackRock	249.64 k	$11.99 bn	NEW
Robert H Dalrymple	234.49 k	$7.96 mm	0.0%
Vanguard	197.37 k	$9.48 bn	+1.2%
Dimensional Fund Advisors	144.98 k	$6.96 bn	+9.7%
Geode Capital Management	76.83 k	$3.69 bn	+2.6%
Bridgeway Capital Management	75.39 k	$3.62 bn	+11.8%
STT State Street	49.26 k	$2.38 bn	-0.7%

Largest transactions	Shares	Bought/sold	Change
BlackRock	249.64 k	+249.64 k	NEW
BLK BlackRock	0.00	-222.97 k	EXIT
Fourthstone	312.92 k	-133.52 k	-29.9%
Acadian Asset Management	44.34 k	+17.23 k	+63.5%
Citadel Advisors	13.17 k	+13.17 k	NEW
Dimensional Fund Advisors	144.98 k	+12.85 k	+9.7%
HBCYF HSBC	8.19 k	+8.19 k	NEW
Bridgeway Capital Management	75.39 k	+7.97 k	+11.8%
Modern Wealth Management	15.21 k	+7.63 k	+100.6%
IVZ Invesco	0.00	-7.48 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CHMG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Feb 25	Tomson Anders	COMMON STOCK	Grant	Acquire A	No	No	51.73	4,447	230.04 k	42,811.394
18 Feb 25	Cole Loren D	COMMON STOCK	Grant	Acquire A	No	No	51.61	1,454	75.04 k	5,742
18 Feb 25	Vincent M Cutrona	COMMON STOCK	Grant	Acquire A	No	No	51.61	1,163	60.02 k	2,532
18 Feb 25	Peter K Cosgrove	COMMON STOCK	Grant	Acquire A	No	No	51.61	1,454	75.04 k	6,466
18 Feb 25	Daniel D Fariello	COMMON STOCK	Grant	Acquire A	No	No	51.61	1,405	72.51 k	8,505

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Piper Sandler Assumes Chemung Financial at Neutral, Announces Price Target of $57

20 Dec 24

Piper Sandler analyst Frank Schiraldi assumes Chemung Financial (NASDAQ:CHMG) with a Neutral rating and announces Price Target of $57.

Press releases

From Benzinga Pro

Chemung Financial Corporation Announces Dividend Increase

19 Feb 25

ELMIRA, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a dividend increase of $0.01 per share, equal to a quarterly cash

Chemung Financial Corporation Reports Annual Net Income of $23.7 million, or $4.96 per share, and Fourth Quarter 2024 Net Income of $5.9 million, or $1.24 per share

28 Jan 25

ELMIRA, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $23.7