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% during the third quarter, Holdings Channel reports. The institutional investor owned 19,375 shares of the fintech company’s stock after purchasing an additional 8,681 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Dave were worth $3,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in DAVE. WealthCollab LLC bought a new stake in Dave in the 2nd quarter valued at about $30,000. Nisa Investment Advisors LLC boosted its position in Dave by 4,933.3% during the second quarter. Nisa Investment Advisors LLC now owns 151 shares of the fintech company’s stock worth $41,000 after purchasing an additional 148 shares during the period. Exchange Traded Concepts LLC purchased a new position in shares of Dave in the third quarter worth about $47,000. Team Financial Group LLC bought a new stake in shares of Dave in the third quarter valued at approximately $54,000. Finally, KBC Group NV purchased a new stake in shares of Dave during the 2nd quarter valued at approximately $85,000. Institutional investors own 18.01% of the company’s stock.

Analyst Upgrades and Downgrades

DAVE has been the subject of a number of recent research reports. Barrington Research reiterated an “outperform” rating and issued a $290.00 price objective on shares of Dave in a research note on Monday, November 3rd. JMP Securities set a $310.00 price target on Dave in a report on Wednesday, November 5th. Canaccord Genuity Group lifted their price target on Dave from $229.00 to $274.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Dave in a report on Monday, December 29th. Finally, Benchmark raised their target price on Dave from $320.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Dave currently has an average rating of “Moderate Buy” and an average price target of $304.25.

Dave Trading Up 1.2%

Dave stock opened at $239.35 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 8.69 and a current ratio of 8.69. Dave Inc. has a fifty-two week low of $65.46 and a fifty-two week high of $286.45. The stock has a market cap of $3.23 billion, a P/E ratio of 23.72 and a beta of 3.90. The firm’s fifty day moving average price is $215.66 and its 200-day moving average price is $217.67.

Dave (NASDAQ:DAVE) last posted its earnings results on Tuesday, November 4th. The fintech company reported $4.24 EPS for the quarter, topping the consensus estimate of $2.29 by $1.95. The business had revenue of $150.73 million during the quarter, compared to analysts’ expectations of $153.09 million. Dave had a return on equity of 65.86% and a net margin of 29.85%. Equities research analysts forecast that Dave Inc. will post 1.07 earnings per share for the current fiscal year.

Insider Activity

In other Dave news, CEO Jason Wilk sold 7,393 shares of Dave stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 210,461 shares in the company, valued at $42,885,637.97. The trade was a 3.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Imran Khan sold 33,270 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $420,607.40. This represents a 94.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 105,164 shares of company stock valued at $20,700,863 in the last three months. 28.48% of the stock is owned by insiders.

Key Stories Impacting 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

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.