Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) traded up 10.1% during mid-day trading on Monday . The company traded as high as $0.42 and last traded at $0.3930. 38,465,721 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 56,699,188 shares. The stock had previously closed at $0.3570.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on DVLT shares. Maxim Group reduced their price objective on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Wall Street Zen downgraded shares of Datavault AI from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $3.00.
Check Out Our Latest Report on DVLT
Datavault AI Stock Up 10.1%
Datavault AI (NASDAQ:DVLT – Get Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $33.82 million for the quarter. Datavault AI had a negative net margin of 292.68% and a negative return on equity of 64.71%.
Insiders Place Their Bets
In other Datavault AI news, insider Stanley Mbugua sold 62,982 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $0.41, for a total transaction of $25,822.62. Following the transaction, the insider owned 2,052,846 shares of the company’s stock, valued at $841,666.86. This trade represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.70% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Datavault AI
Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new stake in Datavault AI during the 3rd quarter valued at $303,000. Vanguard Group Inc. bought a new stake in Datavault AI in the 3rd quarter valued at about $1,294,000. BNP Paribas Financial Markets acquired a new position in Datavault AI during the 3rd quarter valued at about $416,000. Raymond James Financial Inc. acquired a new position in Datavault AI during the 3rd quarter valued at about $71,000. Finally, Anson Funds Management LP acquired a new position in shares of Datavault AI in the 3rd quarter worth approximately $3,218,000. Hedge funds and other institutional investors own 0.66% of the company’s stock.
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.
Read More
- Five stocks we like better than Datavault AI
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Receive News & Ratings for Datavault AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datavault AI and related companies with MarketBeat.com's FREE daily email newsletter.
