Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s stock price was down 4.3% on Tuesday . The stock traded as low as $0.61 and last traded at $0.6286. Approximately 54,177,077 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 68,213,000 shares. The stock had previously closed at $0.6567.
Analysts Set New Price Targets
A number of brokerages recently weighed in on DVLT. Weiss Ratings restated a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. Wall Street Zen upgraded shares of Datavault AI from a “strong sell” rating to a “hold” rating in a research note on Saturday. Finally, Maxim Group lifted their price objective on shares of Datavault AI from $3.00 to $4.00 and gave the company a “buy” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Datavault AI has a consensus rating of “Hold” and a consensus price target of $4.00.
Check Out Our Latest Report on DVLT
Datavault AI Stock Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $24.73 million during the quarter. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%. On average, equities research analysts expect that Datavault AI Inc. will post -13.02 earnings per share for the current year.
Insider Transactions at Datavault AI
In other news, major shareholder Holding Co Scilex sold 5,115,586 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $0.72, for a total value of $3,683,221.92. Following the transaction, the insider owned 213,766,229 shares of the company’s stock, valued at approximately $153,911,684.88. This represents a 2.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 30,679,031 shares of company stock worth $31,424,609 in the last three months. Company insiders own 7.70% of the company’s stock.
Institutional Trading of Datavault AI
Hedge funds have recently added to or reduced their stakes in the company. State Street Corp increased its position in Datavault AI by 51,505.4% during the 4th quarter. State Street Corp now owns 10,064,089 shares of the company’s stock worth $6,563,000 after buying an additional 10,044,587 shares during the period. Jane Street Group LLC bought a new stake in shares of Datavault AI in the fourth quarter valued at about $2,923,000. Anson Funds Management LP acquired a new position in shares of Datavault AI in the third quarter valued at about $3,218,000. Vanguard Group Inc. acquired a new position in shares of Datavault AI in the third quarter valued at about $1,294,000. Finally, XTX Topco Ltd bought a new position in Datavault AI during the fourth quarter worth about $290,000. 0.66% of the stock is owned by institutional investors and hedge funds.
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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