Insider Sells Stock That Has Gained More Than 4,000% Over the Last Three Years
Key Points
Beilman sold 4,122 shares in open-market transactions on June 2, 2026, for a total value of ~$1.13 million at a weighted average price around $275.03 per share.
The transaction represented 2.06% of Beilman’s direct holdings, reducing his direct position from 200,277 to 196,155 shares.
All shares were sold from direct ownership; no indirect entities or derivative securities were involved in this transaction.
The trade’s scale is moderate and aligns with prior sell trade sizes, reflecting available share capacity as holdings have declined over time.
On June 2, 2026, Dave Inc. (NASDAQ:DAVE) Chief Financial Officer, Chief Operating Officer, and Secretary Kyle Beilman reported the sale of 4,122 shares of Common Stock for a transaction value of approximately $1.13 million, according to a SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Shares sold (direct) | 4,122 |
| Transaction value | $1.1 million |
| Post-transaction shares (direct) | 196,155 |
| Post-transaction value (direct ownership) | ~$52.3 million |
Transaction value based on SEC Form 4 weighted average purchase price ($275.03).
Key questions
- How does this sale compare to Beilman’s historical insider selling cadence?
The 4,122-share sale falls within Beilman’s historical range of sell transactions, with a mean sell size of approximately 15,387 shares and a minimum of 2,350 shares, suggesting this transaction is moderate and consistent with established patterns as of June 2026. - Was there any indirect or derivative participation in this transaction?
No indirect entities or derivative securities were involved; all shares sold were from Beilman’s direct holdings, without involvement of trusts, LLCs, or option-related activity. - What is the impact of this sale on Beilman’s ownership percentage and residual exposure?
The sale reduced Beilman’s direct position by approximately 2.06% of his pre-transaction holdings, leaving him with 196,155 directly held shares valued at ~$52.3 million as of June 2, 2026. - Does the transaction reflect a change in Beilman’s selling strategy or capacity?
The transaction’s moderate size is explained by the reduction in available shares over time, with total direct holdings declining by 29.27% since September of last year, indicating that trade size is tracking with reduced capacity rather than a shift in approach.
Company overview
| Metric | Value |
|---|---|
| Revenue (TTM) | $604.62 million |
| Net income (TTM) | $224.99 million |
| Price (as of market close 2026-06-02) | $275.03 |
| 1-year price change | 27.60% |
Note: 1-year performance calculated using June 2nd, 2026, as the reference date.
Company snapshot
- Offers a digital financial platform including personal finance tools (Insights), fee-free cash advances (ExtraCash), job application services (Side Hustle), and digital checking accounts (Dave Banking).
- Generates revenue primarily from service fees, financial product offerings, and digital banking solutions targeting consumer cash flow management.
- Serves individuals seeking accessible, low-cost alternatives to traditional banking and short-term credit, with a focus on users managing income between paychecks.
Dave Inc. operates at scale within the digital financial services sector, leveraging technology to provide innovative banking and cash management solutions. The company’s integrated platform differentiates itself by addressing consumer liquidity needs and offering value-added services without traditional banking fees. Strategic focus on user-centric product design and digital accessibility positions Dave Inc. competitively in the evolving fintech landscape.
What this transaction means for investors
Kyle Beilman, Chief Financial Officer, Chief Operating Officer, and Secretary Kyle Beilman, at Dave Inc. (DAVE), recently sold about 4,000 shares of DAVE stock for approximately $1.1 million. Here are some key takeaways for investors.
First, we should address DAVE’s stock performance over the last few years. Simply put, it’s been exceptional. Shares of DAVE have skyrocketed by 4,800% over the last three years, equating to an eye-popping compound annual growth rate (CAGR) of 265.9%. That absolutely crushes the S&P 500 by comparison, which has recorded a total return of 78% over the same period, with a CAGR of 21.2%.
As for fundamentals, DAVE stock boasts terrific gross margins of 72%, up from 46% in 2023. Twelve-month trailing revenue has also nearly tripled from $236 in 2023 to $605 million now. Valuation may be the one area where the stock shows some vulnerability. DAVE’s price-to-sales (P/S) ratio is 6.9x, which is well above its three-year average of 3.8x. Although its current P/S ratio is comfortably below its three-year high of 9.4x, reached in 2025.
In summary, DAVE stock is one growth-oriented stock investors should keep an eye on. Its incredible returns over the past three years show a company that is firing on all cylinders.
Should you buy stock in Dave right now?
Before you buy stock in Dave, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Dave wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $439,038!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,277,804!*
Now, it’s worth noting Stock Advisor’s total average return is 942% — a market-crushing outperformance compared to 206% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of June 10, 2026.
Jake Lerch has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Recommended Articles
Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.