Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares traded up 11.4% during mid-day trading on Tuesday . The stock traded as high as $0.6390 and last traded at $0.6183. 31,184,213 shares changed hands during trading, a decline of 52% from the average session volume of 65,459,781 shares. The stock had previously closed at $0.5550.
Analysts Set New Price Targets
A number of equities analysts have commented on the company. Wall Street Zen upgraded Datavault AI from a “strong sell” rating to a “hold” rating in a research note on Saturday, March 21st. Maxim Group lowered their price objective on Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday. Finally, Weiss Ratings reiterated 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 MarketBeat, Datavault AI currently has an average rating of “Hold” and a consensus target price of $3.00.
Read Our Latest Research Report on DVLT
Datavault AI Stock Up 6.6%
Datavault AI (NASDAQ:DVLT – Get Free Report) last announced its earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share for the quarter. The business had revenue of $33.82 million during the quarter. Datavault AI had a negative return on equity of 64.06% and a negative net margin of 202.09%. Research analysts expect that Datavault AI Inc. will post -13.02 earnings per share for the current fiscal year.
Insider Activity
In related news, major shareholder Holding Co Scilex sold 10,674,816 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $0.88, for a total value of $9,393,838.08. Following the sale, the insider directly owned 219,056,954 shares in the company, valued at $192,770,119.52. The trade was a 4.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 30,679,031 shares of company stock valued at $31,424,609. Insiders own 7.70% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Vident Advisory LLC bought a new position in shares of Datavault AI in the fourth quarter valued at $255,000. XTX Topco Ltd bought a new stake in shares of Datavault AI during the 4th quarter worth $290,000. Millennium Management LLC acquired a new position in shares of Datavault AI in the 4th quarter worth $58,000. Cetera Investment Advisers grew its holdings in shares of Datavault AI by 668.9% in the 4th quarter. Cetera Investment Advisers now owns 121,486 shares of the company’s stock worth $79,000 after acquiring an additional 105,686 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Datavault AI during the fourth quarter worth $42,000. Institutional investors and hedge funds own 0.66% of the company’s stock.
Datavault AI Company Profile
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.
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