Principal Financial Group Inc. increased its stake in Dave Inc. (NASDAQ:DAVE) by 22.7% in the third quarter, acquiring an additional 12,555 shares to hold a total of 67,792 shares valued at $13.514 million. Despite recent insider selling, institutional ownership remains significant, and analysts maintain a “Moderate Buy” consensus with an average target price of $304.25, though the stock currently trades below its moving averages with high volatility.
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Principal Financial Group Inc. Acquires 12,555 Shares of Dave Inc. $DAVE
Principal Financial Group Inc. increased its stake in Dave Inc. (NASDAQ:DAVE) by 22.7% in the third quarter, acquiring an additional 12,555 shares to hold a total of 67,792 shares valued at $13.514 million. Despite recent insider selling, institutional ownership remains significant, and analysts maintain a “Moderate Buy” consensus with an average target price of $304.25, though the stock currently trades below its moving averages with high volatility.