Universal Beteiligungs und Servicegesellschaft mbH Sells 2,241 Shares of Dave Inc. $DAVE

by · The Cerbat Gem

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of Dave Inc. (NASDAQ:DAVE – Free Report) by 12.2% during the 4th quarter, Holdings Channel reports. The firm owned 16,164 shares of the fintech company’s stock after selling 2,241 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Dave were worth $3,579,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in shares of Dave by 22.7% during the third quarter. Principal Financial Group Inc. now owns 67,792 shares of the fintech company’s stock worth $13,514,000 after purchasing an additional 12,555 shares during the period. SG Americas Securities LLC increased its holdings in shares of Dave by 2,267.1% during the fourth quarter. SG Americas Securities LLC now owns 88,552 shares of the fintech company’s stock worth $19,606,000 after purchasing an additional 84,811 shares during the period. Hudson Bay Capital Management LP acquired a new stake in shares of Dave during the 3rd quarter worth approximately $1,826,000. Robeco Institutional Asset Management B.V. boosted its position in shares of Dave by 81.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 19,375 shares of the fintech company’s stock worth $3,862,000 after acquiring an additional 8,681 shares in the last quarter. Finally, Wilson Asset Management International PTY Ltd. acquired a new stake in shares of Dave during the 3rd quarter worth approximately $1,561,000. 18.01% of the stock is owned by institutional investors.

Dave Price Performance

Shares of Dave stock opened at $257.27 on Thursday. Dave Inc. has a fifty-two week low of $88.58 and a fifty-two week high of $287.69. The firm has a market capitalization of $3.49 billion, a P/E ratio of 19.06 and a beta of 3.81. The company’s 50 day moving average price is $209.15 and its two-hundred day moving average price is $207.97.

Dave announced that its Board of Directors has authorized a share repurchase plan on Monday, March 2nd that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the fintech company to buy up to 11.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts recently issued reports on DAVE shares. Benchmark reiterated a “buy” rating on shares of Dave in a research report on Tuesday, March 3rd. UBS Group reiterated a “neutral” rating on shares of Dave in a research report on Friday, March 13th. Wall Street Zen lowered shares of Dave from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Barrington Research reiterated an “outperform” rating and set a $290.00 price target on shares of Dave in a research report on Tuesday, March 10th. Finally, Lake Street Capital increased their price target on shares of Dave from $308.00 to $326.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $315.25.

Read Our Latest Stock Analysis on Dave

Trending Headlines about Dave

Here are the key news stories impacting Dave this week:

  • Neutral Sentiment: Zacks published a comparative piece on DAVE vs. Nu Holdings, highlighting how both target underbanked customers but differ on growth, AI strategies and scale — useful framing for investors weighing relative exposure in fintech. DAVE vs. NU
  • Neutral Sentiment: Multiple news items about unrelated “Dave” names (Dave Ramsey, Dave Chappelle, consumer brands named Dave) are circulating and may create search/noise but are not company-specific catalysts. Example: Dave Ramsey EntreLeadership column. Dave Ramsey EntreLeadership
  • Negative Sentiment: Zacks’ earnings preview warns DAVE lacks the right combination of factors for a likely earnings beat in the upcoming report, which can trigger short-term selling or analyst caution ahead of the release. DAVE Earnings Preview
  • Negative Sentiment: Technical/flow pressure: DAVE has rallied near its 52‑week high, and with a high beta investors may be taking profits; thin intraday volume vs. recent averages can amplify moves lower (short-term selling pressure).

About Dave

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding DAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dave Inc. (NASDAQ:DAVE – Free Report).