Dave Inc. shares rose 84% over the past year, prompting portfolio adjustments amid elevated valuations.
Buckley Capital Advisors reduced its position in Dave Inc. (NASDAQ:DAVE) during Q2 2026, citing a less favorable risk-reward profile after the stock’s sharp appreciation. DAVE closed at $405.65 on July 27, 2026, up 8.87% over the prior month and 84.19% over the past 52 weeks, pushing its market capitalization to $5.16 billion.
The firm’s Q2 2026 portfolio delivered a 36.0% net return, outperforming the iShares Russell 2000 Value and iShares Russell 2000 benchmarks. Buckley Capital reallocated capital toward undervalued small and mid-cap stocks with improving fundamentals, emphasizing disciplined position management.
Dave Inc. provides financial services through its digital platform, though its recent valuation surge led to the portfolio adjustment.