Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) dropped 2.8% during mid-day trading on Tuesday . The stock traded as low as $1.24 and last traded at $1.40. Approximately 117,446,539 shares changed hands during trading, a decline of 52% from the average daily volume of 246,478,813 shares. The stock had previously closed at $1.44.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on DVLT. Maxim Group upped their target price on shares of Datavault AI from $3.00 to $4.00 and gave the stock a “buy” rating in a research note on Monday. Wall Street Zen raised Datavault AI to a “sell” rating in a research note on Friday, September 26th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Datavault AI currently has a consensus rating of “Hold” and an average price target of $4.00.
Get Our Latest Research Report on DVLT
Datavault AI Trading Down 2.8%
Datavault AI (NASDAQ:DVLT – Get Free Report) last issued its earnings results on Friday, November 14th. The company reported ($0.33) earnings per share (EPS) for the quarter. Datavault AI had a negative net margin of 1,394.07% and a negative return on equity of 100.90%. The firm had revenue of $2.90 million during the quarter. As a group, analysts expect that Datavault AI Inc. will post -13.02 earnings per share for the current year.
Insider Activity
In other news, insider Brett Moyer sold 49,016 shares of Datavault AI stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $0.93, for a total transaction of $45,584.88. Following the completion of the transaction, the insider directly owned 3,738,598 shares in the company, valued at approximately $3,476,896.14. The trade was a 1.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Holding Co Scilex sold 422,299 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $2.06, for a total value of $869,935.94. Following the transaction, the insider directly owned 265,102,560 shares in the company, valued at $546,111,273.60. The trade was a 0.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 542,504 shares of company stock valued at $1,051,073 over the last three months. Insiders own 7.70% of the company’s stock.
Hedge Funds Weigh In On Datavault AI
Several institutional investors and hedge funds have recently modified their holdings of the stock. Prelude Capital Management LLC bought a new position in shares of Datavault AI in the third quarter valued at about $43,000. Raymond James Financial Inc. acquired a new position in Datavault AI in the 3rd quarter valued at about $71,000. AMH Equity Ltd acquired a new position in Datavault AI in the 3rd quarter valued at about $108,000. Synergy Asset Management LLC bought a new position in Datavault AI in the 3rd quarter valued at about $133,000. Finally, JPMorgan Chase & Co. acquired a new stake in Datavault AI during the third quarter worth approximately $303,000. 0.66% of the stock is currently 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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