TSX futures tick up after index logs fresh record high close
Director Yadin Rozov of Dave Inc. (NASDAQ:DAVE) sold 14,650 shares of Class A Common Stock on September 4, 2025, for approximately $2.9 million. The sales were executed in multiple transactions at prices ranging from $195.79 to $203.99. The timing is notable as Dave’s stock has shown remarkable strength, delivering a 466% return over the past year. According to InvestingPro analysis, the company currently trades above its Fair Value, with a P/E ratio of 56.7.
Following the transactions, Rozov directly owns 79,923 shares of Dave Inc. Also, Rozov indirectly owns 2,200 shares by Family Foundation. The company maintains strong financial health with a current ratio of 9.5, indicating robust liquidity. InvestingPro data reveals 13 additional key insights about Dave’s financial position and growth prospects.
The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2025. The company has demonstrated solid operational performance, with revenue growing 48% year-over-year and maintaining a healthy gross profit margin of 67%.
In other recent news, Dave Inc. reported impressive second-quarter earnings for 2025, surpassing analyst expectations. The company achieved revenue of $132 million, marking a 64% increase year-over-year and a 22% rise from the previous quarter. This performance was notably 16% above JMP Securities’ projections, leading JMP to raise its price target for Dave Inc. from $260 to $280 while maintaining a Market Outperform rating. Additionally, Dave Inc. adjusted its full-year revenue guidance upward to $505-515 million, exceeding previous forecasts and analyst predictions.
Moreover, the company has increased its share repurchase authorization to $125 million, up from the prior $50 million authorization. This decision reflects a strategic move to reduce the share count, with over $45 million already invested in share repurchases and RSU net settlements this year. Benchmark reiterated its Buy rating for Dave Inc., setting a price target of $320 following an investor meeting with the company’s leadership.
Despite these positive developments, Dave Inc.’s shares experienced a decline, attributed to investor concerns over rising delinquency rates and operating leverage. Nonetheless, the company’s robust earnings performance and strategic initiatives highlight its ongoing growth trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.