Robeco Institutional Asset Management B.V. Purchases 8,681 Shares of Dave Inc. $DAVE

Robeco Institutional Asset Management B.V. grew its position in shares of Dave Inc. (NASDAQ:DAVE) by 81.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,375 shares of the fintech company’s stock after acquiring an additional 8,681 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.14% of Dave worth $3,862,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. grew its position in Dave by 3.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,953 shares of the fintech company’s stock valued at $524,000 after purchasing an additional 60 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Dave by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 8,986 shares of the fintech company’s stock valued at $2,412,000 after buying an additional 65 shares in the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Dave by 3.2% during the second quarter. State Board of Administration of Florida Retirement System now owns 2,931 shares of the fintech company’s stock valued at $787,000 after buying an additional 91 shares during the last quarter. WealthCollab LLC bought a new stake in shares of Dave during the second quarter worth about $30,000. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Dave by 4,933.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 151 shares of the fintech company’s stock worth $41,000 after acquiring an additional 148 shares during the last quarter. 18.01% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Dave

Here are the key news stories impacting Dave this week:

• Positive Sentiment: ExtraCash growth is a clear fundamental catalyst: originations jumped ~49% year-over-year to ~$2.0B in 3Q25, supporting revenue/earnings upside and monetization. Zacks notes sustaining this momentum depends on continued rollout of CashAI v5.5 and a capital-light bank partnership that could keep originations scalable without heavy balance-sheet strain. The note flags credit/underwriting execution as the main risk, but the growth trajectory helps explain the stock strength. Can Dave Sustain Its ExtraCash Surge?
• Positive Sentiment: Technical/momentum signal — Dave shares crossed above the 200‑day moving average, a bullish technical milestone that can attract momentum and technical traders and support further upside if volume sustains. Coverage pieces note the breakout and higher intraday highs. Share Price Crosses Above 200-Day MA (DefenseWorld) Should You Sell? (AmericanBankingNews)
• Neutral Sentiment: Multiple consumer‑finance/media pieces reference Dave Ramsey (personal‑finance personality), not Dave Inc.; these are editorial/industry commentary and unlikely to move the stock. Items include critiques of Ramsey’s Social Security advice and other opinion pieces. Data Shows Dave Ramsey is Dead Wrong… Social Security Advice Could Cost You Dave Ramsey Says He’s Become A ‘Cuss Word’ Importance of Recognizing a Problem What Financial Advisors Really Think
• Neutral Sentiment: Pop‑culture/activism story about musician Dave Matthews criticizing political actors is unrelated to Dave Inc.’s business and should not affect the stock. Dave Matthews Scorches ‘Revolting’ Trump Officials

Insider Transactions at Dave

In related news, CEO Jason Wilk sold 7,393 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $203.77, for a total transaction of $1,506,471.61. Following the completion of the transaction, the chief executive officer owned 210,461 shares in the company, valued at approximately $42,885,637.97. This represents a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Imran Khan sold 33,270 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $199.34, for a total transaction of $6,632,041.80. Following the sale, the director owned 2,110 shares of the company’s stock, valued at $420,607.40. This trade represents a 94.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 105,164 shares of company stock worth $20,700,863 over the last three months. 28.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on DAVE shares. Citigroup reaffirmed an “outperform” rating on shares of Dave in a research report on Wednesday, November 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Dave in a report on Monday, December 29th. JMP Securities set a $310.00 target price on Dave in a research report on Wednesday, November 5th. B. Riley reiterated a “buy” rating and set a $297.00 price target (up previously from $277.00) on shares of Dave in a report on Wednesday, November 5th. Finally, Wall Street Zen raised Dave from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $304.25.

Dave Price Performance

Shares of NASDAQ DAVE opened at $239.35 on Friday. The company has a market capitalization of $3.23 billion, a PE ratio of 23.72 and a beta of 3.90. The company has a quick ratio of 8.69, a current ratio of 8.69 and a debt-to-equity ratio of 0.26. The stock’s 50 day moving average price is $215.66 and its 200-day moving average price is $217.67. Dave Inc. has a twelve month low of $65.46 and a twelve month high of $286.45.

Dave (NASDAQ:DAVE) last issued its quarterly earnings results on Tuesday, November 4th. The fintech company reported $4.24 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $1.95. The business had revenue of $150.73 million for the quarter, compared to analyst estimates of $153.09 million. Dave had a return on equity of 65.86% and a net margin of 29.85%. On average, equities analysts anticipate that Dave Inc. will post 1.07 EPS for the current year.

Dave Company Profile

Dave, Inc is a Los Angeles–based financial technology company founded in 2016 by Jason Wilk and John Wolanin. The company offers a subscription-based mobile app designed to help consumers avoid overdraft fees, manage their budgets and track expenses. Through its platform, members receive low-balance alerts, expense categorization and cash-advance capabilities tied to upcoming deposits.

At the core of Dave’s offering is fee-free overdraft protection: eligible users can request small, interest-free advances up to a preset limit, typically repaid on their next paycheck or deposit.