Hsbc Holdings PLC Sells 2,694 Shares of Dave Inc. $DAVE

Posted by Francis Steltz on Jul 17th, 2026

Hsbc Holdings PLC decreased its holdings in Dave Inc. (NASDAQ:DAVE – Free Report) by 51.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,523 shares of the fintech company’s stock after selling 2,694 shares during the quarter. Hsbc Holdings PLC’s holdings in Dave were worth $559,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in DAVE. Vanguard Group Inc. increased its holdings in Dave by 4.7% during the fourth quarter. Vanguard Group Inc. now owns 685,839 shares of the fintech company’s stock valued at $151,852,000 after buying an additional 30,546 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Dave by 29.2% during the 4th quarter. Renaissance Technologies LLC now owns 499,100 shares of the fintech company’s stock worth $110,506,000 after acquiring an additional 112,700 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Dave by 31.1% during the 4th quarter. Geode Capital Management LLC now owns 318,295 shares of the fintech company’s stock valued at $70,483,000 after acquiring an additional 75,576 shares during the period. State Street Corp grew its position in shares of Dave by 10.6% during the 4th quarter. State Street Corp now owns 233,163 shares of the fintech company’s stock valued at $51,625,000 after acquiring an additional 22,274 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Dave by 22.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 210,911 shares of the fintech company’s stock worth $46,698,000 after purchasing an additional 38,744 shares in the last quarter. 18.01% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Dan Preston sold 275 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $247.65, for a total value of $68,103.75. Following the transaction, the director directly owned 5,466 shares of the company’s stock, valued at approximately $1,353,654.90. The trade was a 4.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jason Wilk sold 8,474 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $275.05, for a total value of $2,330,773.70. Following the completion of the transaction, the chief executive officer owned 299,950 shares of the company’s stock, valued at $82,501,247.50. The trade was a 2.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 28.48% of the company’s stock.

Key Dave News

Here are the key news stories impacting Dave this week:

Positive Sentiment: UBS Group raised its price target on Dave Inc. (DAVE) to $470, signaling continued confidence in the stock’s upside potential and reinforcing the recent bullish sentiment around the name. Dave (NASDAQ:DAVE) Given New $470.00 Price Target at UBS Group
Positive Sentiment: A Zacks industry note highlighted Dave Inc. (DAVE) as one of the names expected to benefit from rapid growth in the technology services market, which may be helping investors view the company as a beneficiary of stronger sector momentum. 3 Stocks to Consider From the Growing Technology Services Market
Neutral Sentiment: Several headlines about Dave Kendall, the late MTV host, appear in the feed but are unrelated to Dave Inc. (DAVE) and should not materially affect the stock.
Neutral Sentiment: A story about Dave & Buster’s launching a U.S. rave tour is also unrelated to Dave Inc. (DAVE) and is unlikely to influence trading in the fintech stock.

Dave Trading Up 1.0%

Shares of DAVE stock opened at $442.53 on Friday. Dave Inc. has a 52-week low of $152.21 and a 52-week high of $455.98. The company has a debt-to-equity ratio of 0.95, a quick ratio of 3.86 and a current ratio of 3.86. The firm has a market capitalization of $5.62 billion, a PE ratio of 28.46 and a beta of 3.82. The stock has a fifty day simple moving average of $306.55 and a two-hundred day simple moving average of $240.70.

Dave (NASDAQ:DAVE – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The fintech company reported $3.64 EPS for the quarter, beating the consensus estimate of $2.86 by $0.78. Dave had a return on equity of 77.70% and a net margin of 37.22%.The business had revenue of $158.41 million for the quarter, compared to the consensus estimate of $153.67 million. Dave has set its FY 2026 guidance at 16.250-16.750 EPS. On average, analysts predict that Dave Inc. will post 15.45 EPS for the current fiscal year.

Analysts Set New Price Targets

DAVE has been the topic of a number of recent research reports. Canaccord Genuity Group raised their target price on Dave from $328.00 to $342.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings cut Dave from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 30th. Citizens Jmp raised their price objective on Dave from $365.00 to $450.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 9th. UBS Group lifted their price objective on Dave from $300.00 to $470.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Barrington Research boosted their price objective on Dave from $290.00 to $310.00 and gave the company an “outperform” rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Dave presently has a consensus rating of “Buy” and an average price target of $379.40.

View Our Latest Stock Report on Dave

Dave Profile

(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.