Datavault AI (NASDAQ:DVLT) Major Shareholder Holding Co Scilex Sells 10,674,816 Shares

Datavault AI Inc. (NASDAQ:DVLT) major shareholder Holding Co Scilex sold 10,674,816 shares of the firm’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $0.88, for a total transaction of $9,393,838.08. Following the completion of the transaction, the insider directly owned 219,056,954 shares in the company, valued at approximately $192,770,119.52. This represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Holding Co Scilex also recently made the following trade(s):

• On Wednesday, January 14th, Holding Co Scilex sold 5,115,586 shares of Datavault AI stock. The shares were sold at an average price of $0.72, for a total transaction of $3,683,221.92.
• On Tuesday, January 13th, Holding Co Scilex sold 175,139 shares of Datavault AI stock. The stock was sold at an average price of $0.91, for a total transaction of $159,376.49.
• On Thursday, January 8th, Holding Co Scilex sold 3,824,201 shares of Datavault AI stock. The shares were sold at an average price of $1.07, for a total transaction of $4,091,895.07.
• On Wednesday, January 7th, Holding Co Scilex sold 4,835,581 shares of Datavault AI stock. The shares were sold at an average price of $1.20, for a total value of $5,802,697.20.
• On Tuesday, January 6th, Holding Co Scilex sold 6,053,708 shares of Datavault AI stock. The stock was sold at an average price of $1.37, for a total transaction of $8,293,579.96.
• On Friday, November 28th, Holding Co Scilex sold 422,299 shares of Datavault AI stock. The shares were sold at an average price of $2.06, for a total value of $869,935.94.

Datavault AI Stock Down 10.3%

DVLT stock traded down $0.08 during trading on Wednesday, hitting $0.72. The stock had a trading volume of 111,458,317 shares, compared to its average volume of 114,711,960. The company’s 50 day moving average price is $1.42 and its two-hundred day moving average price is $1.14. The company has a current ratio of 0.68, a quick ratio of 0.64 and a debt-to-equity ratio of 0.14. Datavault AI Inc. has a 1-year low of $0.25 and a 1-year high of $4.10.

Datavault AI (NASDAQ:DVLT) last announced its earnings results on Friday, November 14th. The company reported ($0.33) earnings per share for the quarter. The business had revenue of $2.90 million for the quarter. Datavault AI had a negative net margin of 1,394.07% and a negative return on equity of 100.90%. Sell-side analysts forecast that Datavault AI Inc. will post -13.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. bought a new stake in Datavault AI in the third quarter valued at approximately $303,000. Prelude Capital Management LLC acquired a new position in shares of Datavault AI during the 3rd quarter valued at $43,000. Anson Funds Management LP bought a new stake in Datavault AI in the third quarter valued at $3,218,000. Raymond James Financial Inc. bought a new position in shares of Datavault AI during the 3rd quarter worth about $71,000. Finally, BNP Paribas Financial Markets bought a new position in Datavault AI in the third quarter worth approximately $416,000. Institutional investors own 0.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DVLT shares. Maxim Group increased their price target on Datavault AI from $3.00 to $4.00 and gave the company a “buy” rating in a research report on Monday, January 5th. Wall Street Zen raised shares of Datavault AI to a “sell” rating in a research note on Friday, September 26th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $4.00.

About Datavault AI

Datavault AI Inc, a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc and changed its name to Datavault AI Inc in February 2025. Datavault AI Inc was incorporated in 2010 and is headquartered in Beaverton, Oregon.