On November 29, 2024, Dan Preston, a Director at Dave Inc (DAVE, Financial), sold 16,635 shares of the company. Following this transaction, the insider now owns 6,360 shares of the company. The details of this transaction can be found in the SEC Filing.
Dave Inc (DAVE) is a financial technology company that provides a range of services aimed at improving the financial health of its users. The company offers a budgeting tool, a cash advance service, and a side hustle marketplace to help users manage their finances more effectively.
Over the past year, Dan Preston has sold a total of 55,530 shares and has not purchased any shares. The insider transaction history for Dave Inc shows that there have been 3 insider buys and 10 insider sells over the same timeframe.
As of the date of the recent sale, shares of Dave Inc were trading at $96 each, giving the stock a market cap of $1,181.913 million. The company's price-earnings ratio stands at 29.72, which is higher than the industry median of 26.93 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $96 and a GF Value of $25.35, Dave Inc has a price-to-GF-Value ratio of 3.79, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
