Dave Inc’s recent filing unveils that its Director Preston Dan unloaded Company’s shares for reported $1.19 million on Nov 29 ’24. In the deal valued at $96.00 per share,12,400 shares were sold. As a result of this transaction, Preston Dan now holds 6,360 shares worth roughly $0.67 million.
Then, Preston Dan sold 4,235 shares, generating $406,560 in total proceeds. Upon selling the shares at $96.00, the Director now owns 18,760 shares.
Before that, Preston Dan sold 9,765 shares. Dave Inc shares valued at $772,314 were divested by the Director at a price of $79.09 per share. As a result of the transaction, Preston Dan now holds 22,995 shares, worth roughly $2.44 million.
Canaccord Genuity initiated its Dave Inc [DAVE] rating to a Buy in a research note published on January 31, 2025; the price target was $120. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in mid August with a ‘”a Buy”‘ rating. Lake Street began covering DAVE with “Buy” recommendation on July 26, 2024. Seaport Research Partners started covering the stock on June 10, 2024. It rated DAVE as “a Buy”.
Price Performance Review of DAVE
On Tuesday, Dave Inc [NASDAQ:DAVE] saw its stock jump 1.12% to $105.92. Over the last five days, the stock has gained 11.24%. Dave Inc shares have risen nearly 21.86% since the year began. Nevertheless, the stocks have risen 141.39% over the past one year. While a 52-week high of $125.00 was reached on 02/18/25, a 52-week low of $28.31 was recorded on 04/07/25. SMA at 50 days reached $88.47, while 200 days put it at $69.78.
Levels Of Support And Resistance For DAVE Stock
The 24-hour chart illustrates a support level at 102.78, which if violated will result in even more drops to 99.65. On the upside, there is a resistance level at 108.38. A further resistance level may holdings at 110.85. The Relative Strength Index (RSI) on the 14-day chart is 70.05, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.09%. Stochastics %K at 94.78% indicates the stock is a selling.
The most recent change occurred on June 07, 2024 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $60 price target.
