Dave Inc. (DAVE) is down 6.6% today. Here is some analysis on what might have caused this price movement.
Analysis: There does not appear to be a single, definitive company-specific headline driving the move. The pullback looks most consistent with short-term profit-taking and mechanical trading flows following the company’s recent S&P SmallCap 600 inclusion, after a period of strong momentum.
Details:
Sources:
Dave Investor Relations, SEC EDGAR, Stockwatch
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$DAVE Insider Trading Activity
$DAVE insiders have traded $DAVE stock on the open market 102 times in the past 6 months. Of those trades, 0 have been purchases and 102 have been sales.
Here’s a breakdown of recent trading of $DAVE stock by insiders over the last 6 months:
- IMRAN KHAN has made 0 purchases and 75 sales selling 97,771 shares for an estimated $19,194,378.
- ANDREA MITCHELL has made 0 purchases and 26 sales selling 30,000 shares for an estimated $6,390,900.
- MICHAEL W POPE sold 544 shares for an estimated $88,128
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$DAVE Hedge Fund Activity
We have seen 153 institutional investors add shares of $DAVE stock to their portfolio, and 175 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIVISADERO STREET CAPITAL MANAGEMENT, LP added 379,232 shares (+145.0%) to their portfolio in Q1 2026, for an estimated $66,020,498
- FULLER & THALER ASSET MANAGEMENT, INC. added 199,613 shares (+8317.2%) to their portfolio in Q1 2026, for an estimated $34,750,627
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 195,103 shares (-75.8%) from their portfolio in Q1 2026, for an estimated $33,965,481
- TWO SIGMA ADVISERS, LP removed 162,273 shares (-93.9%) from their portfolio in Q4 2025, for an estimated $35,928,864
- IMC-CHICAGO, LLC removed 126,931 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $22,097,417
- D. E. SHAW & CO., INC. removed 126,367 shares (-44.8%) from their portfolio in Q4 2025, for an estimated $27,978,917
- ESTUARY CAPITAL MANAGEMENT LP added 118,077 shares (+inf%) to their portfolio in Q1 2026, for an estimated $20,556,024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$DAVE Price Targets
Multiple analysts have issued price targets for $DAVE recently. We have seen 8 analysts offer price targets for $DAVE in the last 6 months, with a median target of $333.0.
Here are some recent targets:
- Adam Frisch from Evercore ISI Group set a target price of $260.0 on 05/27/2026
- Hal Goetsch from B. Riley Securities set a target price of $370.0 on 05/27/2026
- Chris Zhang from UBS set a target price of $300.0 on 05/26/2026
- Gary Prestopino from Barrington Research set a target price of $290.0 on 05/20/2026
- Ryan Tomasello from Keefe, Bruyette & Woods set a target price of $340.0 on 05/06/2026
- Devin Ryan from Citizens set a target price of $365.0 on 05/06/2026
- Joseph Vafi from Canaccord Genuity set a target price of $342.0 on 05/06/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
