Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s share price fell 1.7% during trading on Tuesday . The stock traded as low as $0.3820 and last traded at $0.3864. 20,056,041 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 56,357,160 shares. The stock had previously closed at $0.3930.
Analysts Set New Price Targets
Several brokerages have recently commented on DVLT. Maxim Group lowered their price objective on Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Weiss Ratings restated a “sell (e+)” rating on shares of Datavault AI in a research report on Friday, April 24th. Finally, Wall Street Zen downgraded Datavault AI from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.00.
View Our Latest Stock Analysis on DVLT
Datavault AI Stock Down 2.6%
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its earnings results on Wednesday, March 18th. The company reported $0.53 EPS for the quarter. The company had revenue of $33.82 million for the quarter. Datavault AI had a negative return on equity of 64.71% and a negative net margin of 292.68%.
Insider Transactions at Datavault AI
In other Datavault AI news, insider Stanley Mbugua sold 62,982 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $0.41, for a total transaction of $25,822.62. Following the sale, the insider directly owned 2,052,846 shares in the company, valued at $841,666.86. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 7.70% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Anson Funds Management LP bought a new position in shares of Datavault AI during the third quarter valued at approximately $3,218,000. State of Wyoming bought a new position in Datavault AI in the first quarter worth approximately $43,000. Bank of New York Mellon Corp grew its stake in Datavault AI by 78.3% in the first quarter. Bank of New York Mellon Corp now owns 44,580 shares of the company’s stock worth $28,000 after purchasing an additional 19,578 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in Datavault AI in the fourth quarter worth approximately $42,000. Finally, Stonebridge Capital Advisors LLC grew its stake in Datavault AI by 175.0% in the fourth 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 in the last quarter. 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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