Boothbay Fund Management LLC Purchases 11,503 Shares of Dave Inc. $DAVE

Boothbay Fund Management LLC lifted its position in Dave Inc. (NASDAQ:DAVE) by 47.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,547 shares of the fintech company’s stock after buying an additional 11,503 shares during the quarter. Boothbay Fund Management LLC owned about 0.26% of Dave worth $7,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Dave by 10.0% in the 3rd quarter. Vanguard Group Inc. now owns 655,293 shares of the fintech company’s stock worth $130,633,000 after acquiring an additional 59,774 shares during the period. American Century Companies Inc. grew its position in shares of Dave by 17.1% in the third quarter. American Century Companies Inc. now owns 229,693 shares of the fintech company’s stock valued at $45,790,000 after purchasing an additional 33,492 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Dave by 819.3% in the third quarter. Ameriprise Financial Inc. now owns 209,008 shares of the fintech company’s stock valued at $41,666,000 after purchasing an additional 186,273 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Dave by 14.6% in the second quarter. Geode Capital Management LLC now owns 207,773 shares of the fintech company’s stock worth $55,774,000 after purchasing an additional 26,515 shares during the period. Finally, Wellington Management Group LLP increased its stake in shares of Dave by 200.7% in the third quarter. Wellington Management Group LLP now owns 177,103 shares of the fintech company’s stock worth $35,305,000 after purchasing an additional 118,203 shares during the period. 18.01% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on DAVE. Keefe, Bruyette & Woods boosted their price objective on Dave from $250.00 to $295.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Wall Street Zen lowered Dave from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. B. Riley Financial lifted their price target on Dave from $297.00 to $303.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. UBS Group reiterated a “neutral” rating on shares of Dave in a report on Friday. Finally, Lake Street Capital increased their price objective on Dave from $308.00 to $326.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $312.13.

Dave Trading Down 0.4%

DAVE stock opened at $212.02 on Monday. Dave Inc. has a 1-year low of $65.46 and a 1-year high of $286.45. The business’s 50 day moving average is $192.96 and its 200-day moving average is $207.74. The firm has a market cap of $2.86 billion, a P/E ratio of 15.71 and a beta of 3.85.

Dave announced that its board has authorized a stock buyback program on Monday, March 2nd that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the fintech company to buy up to 11.2% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Key Stories Impacting Dave

Here are the key news stories impacting Dave this week:

• Positive Sentiment: Barrington Research reiterated an Outperform rating on Dave, which supports upside investor sentiment and could underpin buying interest. Barrington Reiterates Outperform
• Positive Sentiment: Zacks included DAVE in a “Buy 3 High-Flying Small-Sized Tech Services Stocks” idea, highlighting the stock among names showing strong gains in 2026 — a positive for sentiment-driven flows. Buy 3 High-Flying Small-Sized Tech Services Stocks
• Positive Sentiment: Zacks also named DAVE among “Stocks With Relative Price Strength,” signalling the name has outperformed peers recently — another factor that can attract momentum investors. 4 Stocks With Relative Price Strength
• Neutral Sentiment: Short-interest data posted recently shows zero/NaN values and a 0.0 days-to-cover figure — this appears to be a reporting anomaly and is not signalling a notable short-position change affecting the stock today.
• Neutral Sentiment: Several news items referencing “Dave” (a restaurant tie-in: Dave’s Hot Chicken at the Masters) and pop-culture mentions (Dave Matthews, Dave Meltzer) are unrelated to Dave Inc.’s business and are unlikely to move the stock. Dave’s Hot Chicken brings Masters theme to Augusta
• Neutral Sentiment: Coverage about the video game “Dave the Diver” and its DLC is unrelated to Dave Inc. and should not affect fundamentals or investor valuation. DAVE THE DIVER DLC Launches June 18

Insider Transactions at Dave

In other Dave news, Director Imran Khan sold 33,270 shares of the stock in a transaction on 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 completion of the transaction, the director directly owned 2,110 shares in the company, valued at $420,607.40. This represents a 94.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 66,936 shares of company stock worth $13,268,829 in the last three months. Corporate insiders own 28.48% of the company’s stock.

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.