Wilson Asset Management International PTY Ltd. acquired a new stake in Dave Inc. (NASDAQ:DAVE – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,830 shares of the fintech company’s stock, valued at approximately $1,561,000. Wilson Asset Management International PTY Ltd. owned 0.06% of Dave at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in DAVE. WealthCollab LLC purchased a new stake in shares of Dave in the second quarter valued at approximately $30,000. Nisa Investment Advisors LLC raised its position in Dave by 4,933.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 151 shares of the fintech company’s stock valued at $41,000 after purchasing an additional 148 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Dave in the 3rd quarter worth $47,000. Team Financial Group LLC purchased a new stake in shares of Dave in the 3rd quarter worth $54,000. Finally, KBC Group NV bought a new position in shares of Dave during the 2nd quarter worth $85,000. 18.01% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts recently weighed in on DAVE shares. JMP Securities set a $310.00 price objective on Dave in a report on Wednesday, November 5th. Lake Street Capital restated a “buy” rating on shares of Dave in a report on Wednesday, December 24th. Weiss Ratings cut shares of Dave from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 26th. Barrington Research reissued an “outperform” rating and set a $290.00 price objective on shares of Dave in a report on Monday, November 3rd. Finally, Citizens Jmp boosted their price objective on shares of Dave from $300.00 to $310.00 and gave the stock a “market outperform” rating in a research note on Wednesday, November 5th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $304.25.
Insider Buying and Selling at Dave
In other Dave news, CEO Jason Wilk sold 7,393 shares of the stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $203.77, for a total value of $1,506,471.61. Following the completion of the sale, the chief executive officer directly owned 210,461 shares in the company, valued at approximately $42,885,637.97. This trade represents a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Imran Khan sold 1,146 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $204.00, for a total value of $233,784.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 105,164 shares of company stock valued at $20,700,863. Company insiders own 28.48% of the company’s stock.
Dave Stock Up 17.5%
Shares of Dave stock opened at $183.22 on Monday. 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 company has a market cap of $2.47 billion, a P/E ratio of 18.16 and a beta of 3.89. The firm’s 50 day moving average price is $201.98 and its 200-day moving average price is $210.22. Dave Inc. has a 52-week low of $65.46 and a 52-week high of $286.45.
More Dave News
Here are the key news stories impacting Dave this week:
- Positive Sentiment: Dave expects 2025 revenue and adjusted EBITDA to exceed the top end of guidance, signaling stronger profitability than previously forecast and supporting a re-rate in the stock. Dave Reports Preliminary Fourth Quarter and Full Year 2025 Results
- Positive Sentiment: Company updated near-term revenue guidance: Q4 2025 revenue guided at ~$164.0M (vs. consensus ~ $154.0M) and FY 2025 revenue guided at ~$554.0M (vs. consensus ~$540.7M) — topline beats that support valuation upside.
- Positive Sentiment: Credit metrics improved: 4Q25 28 DPD expected ~1.95%–2.00%, outperforming prior guidance (<2.10%), which suggests better-than-expected loan performance and lower loss risk going into 2026. Dave Reports Preliminary Fourth Quarter and Full Year 2025 Results
- Neutral Sentiment: Full audited results and 2026 outlook scheduled for March 2, 2026 — investors will likely wait for that call and the 10-K for details and any guidance range updates before adjusting long-term positions. Dave Reports Preliminary Fourth Quarter and Full Year 2025 Results
- Neutral Sentiment: Several unrelated media items reference other public figures named “Dave” (Dave Portnoy headlines, Dave Coulier health updates) — these are celebrity stories and are unlikely to affect Dave Inc.’s business fundamentals or stock beyond short-lived social noise. Dave Portnoy Blasts NFL Legend For Being a ‘COWARD’
- Neutral Sentiment: Consumer-promo items (e.g., Dave & Buster’s contest) and unrelated human-interest coverage do not materially affect Dave Inc.’s fintech metrics or credit trends. You could win a $15K diamond ring at Dave & Buster’s. Here’s how
Dave 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.
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