Datavault AI (NASDAQ:DVLT) Major Shareholder Holding Co Scilex Sells 5,115,586 Shares

Datavault AI Inc. (NASDAQ:DVLTGet Free Report) major shareholder Holding Co Scilex sold 5,115,586 shares of the stock in a transaction dated 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 sale, the insider owned 213,766,229 shares of the company’s stock, valued at approximately $153,911,684.88. The trade was a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Holding Co Scilex also recently made the following trade(s):

  • On Tuesday, January 13th, Holding Co Scilex sold 175,139 shares of Datavault AI stock. The stock was sold at an average price of $0.91, for a total transaction of $159,376.49.
  • On Monday, January 12th, Holding Co Scilex sold 10,674,816 shares of Datavault AI stock. The stock was sold at an average price of $0.88, for a total transaction of $9,393,838.08.
  • On Thursday, January 8th, Holding Co Scilex sold 3,824,201 shares of Datavault AI stock. The stock was sold at an average price of $1.07, for a total transaction of $4,091,895.07.
  • On Wednesday, January 7th, Holding Co Scilex sold 4,835,581 shares of Datavault AI stock. The shares were sold at an average price of $1.20, for a total value of $5,802,697.20.
  • On Tuesday, January 6th, Holding Co Scilex sold 6,053,708 shares of Datavault AI stock. The stock was sold at an average price of $1.37, for a total value of $8,293,579.96.
  • On Friday, November 28th, Holding Co Scilex sold 422,299 shares of Datavault AI stock. The shares were sold at an average price of $2.06, for a total value of $869,935.94.

Datavault AI Trading Down 10.3%

Shares of NASDAQ:DVLT traded down $0.08 on Wednesday, reaching $0.72. 111,458,317 shares of the company traded hands, compared to its average volume of 114,711,960. Datavault AI Inc. has a 52 week low of $0.25 and a 52 week high of $4.10. The business’s 50-day simple moving average is $1.42 and its 200 day simple moving average is $1.14. The company has a quick ratio of 0.64, a current ratio of 0.68 and a debt-to-equity ratio of 0.14.

Datavault AI (NASDAQ:DVLTGet Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.33) earnings per share (EPS) for the quarter. The firm had revenue of $2.90 million during the quarter. Datavault AI had a negative return on equity of 100.90% and a negative net margin of 1,394.07%. Analysts expect that Datavault AI Inc. will post -13.02 earnings per share for the current year.

Institutional Investors Weigh In On Datavault AI

Several hedge funds have recently modified their holdings of DVLT. Prelude Capital Management LLC acquired a new stake in Datavault AI in the third quarter valued at approximately $43,000. Raymond James Financial Inc. purchased a new stake in Datavault AI in the 3rd quarter worth approximately $71,000. AMH Equity Ltd purchased a new position in shares of Datavault AI in the 3rd quarter valued at about $108,000. Synergy Asset Management LLC acquired a new position in shares of Datavault AI during the 3rd quarter worth about $133,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Datavault AI in the third quarter valued at about $303,000. Hedge funds and other institutional investors own 0.66% of the company’s stock.

Analysts Set New Price Targets

DVLT has been the subject of several research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. Wall Street Zen upgraded shares of Datavault AI to a “sell” rating in a research report on Friday, September 26th. Finally, Maxim Group lifted their target price on 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, the stock has an average rating of “Hold” and an average price target of $4.00.

View Our Latest Report on Datavault AI

About Datavault AI

(Get Free Report)

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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