Is Dave Stock a Buy After Hedge Fund Divisadero Street Doubled Its Stake?

The estimated worth of this acquisition was $73.63 million, calculated utilizing the mean stock terms crossed the archetypal quarter. The quarter-end worth of the presumption roseate by $53.64 million, a fig affected by some the further shares and marketplace terms movement.

What other to cognize

• Trade direction: buy; Dave represents 4.2% of 13F reportable assets nether absorption pursuing the transaction.

• Top 5 money holdings aft the filing:

  • NYSE: SGHC: $176.32 cardinal (6.6% of AUM)

  • NYSE: RSI: $139.78 cardinal (5.3% of AUM)

  • NASDAQ: WLDN: $124.52 cardinal (4.7% of AUM)

  • NASDAQ: DAVE: $111.56 cardinal (4.2% of AUM)

  • NYSE: TPB: $105.52 cardinal (4.0% of AUM)

• As of May 14, 2026, Dave shares were priced astatine $234.49, up 27.9% implicit the past year, outperforming the S&P 500 by 0.61 percent points.

• Dave’s trailing twelve-month gross is $604.62 million, with nett income of $224.99 cardinal and a five-year gross CAGR of 33.3%.

• Fund reported 118 full positions and $2.39 cardinal successful 13F reportable U.S. equity assets arsenic of March 31, 2026.

Company Overview

Company Snapshot

• Dave offers integer banking services, including idiosyncratic fiscal absorption tools, overdraft alternatives, and a occupation exertion portal done its online platform.

• It provides fiscal products and integer banking services to consumers done a technology-driven platform.

• The institution targets individuals seeking accessible fiscal solutions, peculiarly those looking for alternatives to accepted banking and short-term recognition products.

Dave operates arsenic a technology-driven fiscal services provider, delivering a suite of integer banking and idiosyncratic concern products.

The institution leverages its online level to connection innovative solutions specified arsenic overdraft alternatives and fiscal absorption tools, catering to consumers underserved by accepted banks. Its scalable concern exemplary and absorption connected user-centric exertion presumption it competitively wrong the integer banking sector.

What this transaction means for investors

Miami-based Divisadero Street Capital Management’s archetypal 4th acquisition of Dave shares is simply a noteworthy event. It represents a important summation successful its stake, propelling Dave into the hedge fund’s apical 5 holdings. This suggests Divisadero Street is bullish connected the stock.