Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) was down 4.3% during mid-day trading on Tuesday . The company traded as low as $0.61 and last traded at $0.6286. Approximately 54,177,077 shares changed 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 have issued reports on DVLT. Maxim Group increased their target price on shares of Datavault AI from $3.00 to $4.00 and gave the stock a “buy” rating in a research report on Monday, January 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a research note on Monday, December 29th. Finally, Wall Street Zen raised Datavault AI from a “strong sell” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $4.00.
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Datavault AI Stock Performance
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. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%. The firm had revenue of $24.73 million for the quarter. As a group, analysts anticipate that Datavault AI Inc. will post -13.02 EPS for the current fiscal year.
Insider Activity
In related news, major shareholder Holding Co Scilex sold 5,115,586 shares of Datavault AI stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $0.72, for a total value of $3,683,221.92. Following the transaction, the insider directly owned 213,766,229 shares of the company’s stock, valued at $153,911,684.88. This trade represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last quarter, insiders have sold 30,679,031 shares of company stock worth $31,424,609. Company insiders own 7.70% of the company’s stock.
Institutional Investors Weigh In On Datavault AI
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp boosted its holdings in shares of Datavault AI by 51,505.4% in the 4th quarter. State Street Corp now owns 10,064,089 shares of the company’s stock valued at $6,563,000 after purchasing an additional 10,044,587 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Datavault AI during the 4th quarter worth $2,923,000. Anson Funds Management LP bought a new stake in shares of Datavault AI during the 3rd quarter worth $3,218,000. Vanguard Group Inc. bought a new stake in shares of Datavault AI during the 3rd quarter worth $1,294,000. Finally, XTX Topco Ltd acquired a new stake in Datavault AI in the fourth quarter valued at about $290,000. 0.66% of the stock is currently owned by institutional investors.
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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