Dave Inc. $DAVE Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its stake in Dave Inc. (NASDAQ:DAVE) by 266.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,669 shares of the fintech company’s stock after acquiring an additional 39,734 shares during the period. BNP Paribas Financial Markets’ holdings in Dave were worth $12,104,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Future Fund LLC acquired a new stake in shares of Dave during the fourth quarter worth $2,055,000. Intech Investment Management LLC raised its holdings in shares of Dave by 47.7% during the fourth quarter. Intech Investment Management LLC now owns 5,434 shares of the fintech company’s stock worth $1,203,000 after purchasing an additional 1,755 shares during the period. Arista Wealth Management LLC acquired a new stake in shares of Dave during the fourth quarter worth $288,000. Geode Capital Management LLC raised its holdings in shares of Dave by 31.1% during the fourth quarter. Geode Capital Management LLC now owns 318,295 shares of the fintech company’s stock worth $70,483,000 after purchasing an additional 75,576 shares during the period. Finally, Harbour Investments Inc. acquired a new stake in shares of Dave during the fourth quarter worth $66,000. 18.01% of the stock is owned by institutional investors and hedge funds.

Dave Price Performance

DAVE stock opened at $258.25 on Monday. The firm’s 50-day simple moving average is $233.97 and its 200 day simple moving average is $211.84. The stock has a market cap of $3.28 billion, a PE ratio of 16.61 and a beta of 3.87. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 0.95. Dave Inc. has a fifty-two week low of $152.21 and a fifty-two week high of $293.90.

Dave (NASDAQ:DAVE) last announced its earnings results on Tuesday, May 5th. The fintech company reported $3.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.78. The firm had revenue of $158.41 million during the quarter, compared to analyst estimates of $153.67 million. Dave had a net margin of 37.22% and a return on equity of 77.70%. Dave has set its FY 2026 guidance at 16.250-16.750 EPS. As a group, sell-side analysts predict that Dave Inc. will post 14.7 EPS for the current year.

Dave announced that its board has approved a share repurchase plan on Monday, March 2nd that permits the company to buyback $300.00 million in shares. This buyback authorization permits the fintech company to purchase up to 11.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Dave

In other news, CEO Jason Wilk sold 8,474 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $275.05, for a total transaction of $2,330,773.70. Following the completion of the transaction, the chief executive officer owned 299,950 shares in the company, valued at approximately $82,501,247.50. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 28.48% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on DAVE shares. Citigroup reissued an “outperform” rating on shares of Dave in a report on Wednesday, May 6th. William Blair reissued an “accumulate” rating on shares of Dave in a report on Friday, March 13th. Barrington Research reissued an “outperform” rating and set a $290.00 target price on shares of Dave in a report on Wednesday, May 20th. Evercore started coverage on shares of Dave in a report on Wednesday, May 27th. They set a “hold” rating and a $260.00 target price on the stock. Finally, B. Riley Financial increased their price objective on shares of Dave from $358.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $323.40.

Key Headlines Impacting Dave

Here are the key news stories impacting Dave this week:

• Positive Sentiment: Seeking Alpha highlighted Dave’s improving fundamentals, citing strong Q1 growth, expanding margins, better credit quality, and aggressive buybacks. The note reiterated a Strong Buy view and a $350 price target, which supports the bullish case for DAVE. Dave: Credit Quality Keeps Improving As Earnings Surge
• Positive Sentiment: Zacks noted that DAVE has been outperforming peers this year and that analyst price targets imply meaningful upside, reinforcing expectations that the stock can continue to outperform if momentum holds. Wall Street Analysts Believe DAVE INC (DAVE) Could Rally 30.64%
• Neutral Sentiment: Coverage comparing DAVE with business-services peers was mainly a performance check-in and did not add a clear new catalyst for the stock. Is DAVE INC (DAVE) Stock Outpacing Its Business Services Peers This Year?
• Negative Sentiment: Jason Wilk sold 8,474 shares of Dave stock at an average price of $275.05, a move that can weigh on sentiment because insiders typically sell for many reasons, but large CEO sales are often read as a caution signal by investors. Insider Selling: Dave (NASDAQ:DAVE) CEO Sells 8,474 Shares of 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.