Imran Khan Sells 3,108 Shares of Dave (NASDAQ:DAVE) Stock

20 Dec 2025, 00:12 by Michael Walen · The Markets Daily

Dave Inc. (NASDAQ:DAVE – Get Free Report) Director Imran Khan sold 3,108 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $200.75, for a total value of $623,931.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Imran Khan also recently made the following trade(s):

On Wednesday, December 17th, Imran Khan sold 33,270 shares of Dave stock. The stock was sold at an average price of $199.34, for a total value of $6,632,041.80.
On Thursday, December 18th, Imran Khan sold 1,146 shares of Dave stock. The stock was sold at an average price of $204.00, for a total value of $233,784.00.
On Tuesday, December 16th, Imran Khan sold 10,577 shares of Dave stock. The shares were sold at an average price of $195.68, for a total value of $2,069,707.36.
On Monday, December 15th, Imran Khan sold 30,835 shares of Dave stock. The stock was sold at an average price of $192.17, for a total value of $5,925,561.95.
On Tuesday, December 16th, Imran Khan sold 18,835 shares of Dave stock. The shares were sold at an average price of $196.94, for a total value of $3,709,364.90.

Dave Trading Up 3.1%

NASDAQ DAVE traded up $6.47 during trading hours on Friday, reaching $215.25. The company’s stock had a trading volume of 735,157 shares, compared to its average volume of 495,989. Dave Inc. has a 52 week low of $65.46 and a 52 week high of $286.45. The company has a debt-to-equity ratio of 0.26, a current ratio of 8.69 and a quick ratio of 8.69. The stock has a market cap of $2.91 billion, a P/E ratio of 21.33 and a beta of 3.90. The firm has a fifty day simple moving average of $215.49 and a 200-day simple moving average of $216.42.

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

Institutional Investors Weigh In On Dave

A number of hedge funds have recently added to or reduced their stakes in DAVE. Great Lakes Advisors LLC bought a new position in shares of Dave during the 1st quarter worth approximately $3,487,000. Pallas Capital Advisors LLC acquired a new position in shares of Dave during the 2nd quarter valued at $227,000. Baader Bank Aktiengesellschaft bought a new position in Dave during the second quarter worth $591,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Dave in the second quarter worth $656,000. Finally, Harbour Capital Advisors LLC acquired a new stake in Dave in the second quarter worth $621,000. 18.01% of the stock is currently owned by institutional investors.

Key Stores Impacting Dave

Here are the key news stories impacting Dave this week:

Positive Sentiment: Analyst and fundamentals support — several firms have reiterated buy/outperform ratings and lifted targets (consensus average target ~ $304), and the company reported a sizeable Q3 EPS beat on Nov. 4 (EPS $4.24 vs. $2.29 est.), underscoring profitability strength. These factors are a primary bullish driver. MarketBeat DAVE coverage
Neutral Sentiment: Sector backdrop piece — Zacks highlights accelerating demand for tech-driven business services into 2026, which is a potential tailwind if Dave continues to scale its fintech platform, though the article does not explicitly single out DAVE. Zacks: 4 Business Services Stocks
Neutral Sentiment: Headline noise from unrelated “Dave” stories — multiple gaming and entertainment articles about the videogame “Dave the Diver” (DLC, Xbox discounts, mobile ports) and various media/sports figures named Dave are circulating. These do not affect Dave Inc.’s business but can generate name confusion in newsfeeds. (Examples: Gematsu, PureXbox, PC Gamer, PocketTactics.) Gematsu: Dave the Diver DLC PureXbox PC Gamer
Negative Sentiment: Insider selling — Director Imran Khan sold large blocks of DAVE stock across Dec. 15–16 (transactions reported at ~$192–$197), cutting his reported holdings by roughly half and generating millions in proceeds. Heavy director selling is a near-term negative signal that likely contributed to intraday weakness and increased volatility. SEC filings/coverage here. SEC filing: insider ownership

Analyst Upgrades and Downgrades

DAVE has been the topic of a number of analyst reports. Benchmark upped their price target on Dave from $320.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Zacks Research upgraded Dave from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. set a $300.00 target price on shares of Dave in a research report on Friday, September 26th. Citizens Jmp boosted their price target on shares of Dave from $300.00 to $310.00 and gave the stock a “market outperform” rating in a research report on Wednesday, November 5th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $308.00 price objective on shares of Dave in a research note on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Dave presently has a consensus rating of “Moderate Buy” and an average target price of $304.25.

View Our Latest Stock Analysis on Dave

About Dave

(Get 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.