Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s stock price fell 6.5% during mid-day trading on Friday . The company traded as low as $0.5544 and last traded at $0.5693. 40,132,730 shares were traded during mid-day trading, a decline of 40% from the average session volume of 66,685,414 shares. The stock had previously closed at $0.6091.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on DVLT. 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 increased their price target 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. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. One 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, the stock currently has a consensus rating of “Hold” and a consensus target price of $4.00.
Check Out Our Latest Analysis on DVLT
Datavault AI Price Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 EPS for the quarter. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%. The company had revenue of $24.73 million during the quarter. On average, research analysts expect that Datavault AI Inc. will post -13.02 earnings per share for the current year.
Insider Activity at Datavault AI
In other news, major shareholder Holding Co Scilex sold 10,674,816 shares of Datavault AI stock in a transaction on Monday, January 12th. The stock was sold at an average price of $0.88, for a total value 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. The trade was a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 30,679,031 shares of company stock valued at $31,424,609 over the last three months. 7.70% of the stock is owned by company insiders.
Institutional Trading of Datavault AI
A number of institutional investors have recently added to or reduced their stakes in DVLT. Stonebridge Capital Advisors LLC boosted its stake in Datavault AI by 175.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock worth $36,000 after purchasing an additional 35,000 shares during the period. Prelude Capital Management LLC bought a new stake in shares of Datavault AI during the third quarter valued at about $43,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Datavault AI in the fourth quarter worth about $42,000. Raymond James Financial Inc. purchased a new stake in shares of Datavault AI in the third quarter worth about $71,000. Finally, Clear Creek Financial Management LLC bought a new position in shares of Datavault AI in the fourth quarter valued at approximately $44,000. 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.
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