Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s stock price dropped 6% on Friday . The stock traded as low as $0.7150 and last traded at $0.7481. Approximately 50,529,286 shares were traded during trading, an increase of 109% from the average daily volume of 24,233,637 shares. The stock had previously closed at $0.7955.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the company. Wall Street Zen upgraded Datavault AI to a “sell” rating in a research note on Friday, September 26th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a research report on Monday. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Datavault AI presently has a consensus rating of “Moderate Buy” and an average price target of $3.00.
Read Our Latest Research Report on DVLT
Datavault AI Price Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.33) earnings per share for the quarter. The company had revenue of $2.90 million for the quarter. Datavault AI had a negative return on equity of 100.90% and a negative net margin of 1,394.07%. As a group, equities research analysts forecast that Datavault AI Inc. will post -13.02 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, major shareholder Holding Co Scilex sold 422,299 shares of the company’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $2.06, for a total transaction of $869,935.94. Following the completion of the transaction, the insider directly owned 265,102,560 shares of the company’s stock, valued at approximately $546,111,273.60. This represents a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Brett Moyer sold 28,594 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $2.44, for a total value of $69,769.36. Following the completion of the transaction, the insider directly owned 1,089,071 shares of the company’s stock, valued at $2,657,333.24. This trade represents a 2.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 478,768 shares of company stock valued at $991,799 in the last ninety days. 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 company. Prelude Capital Management LLC acquired a new position in shares of Datavault AI in the 3rd quarter valued at $43,000. Raymond James Financial Inc. purchased a new position in Datavault AI during the 3rd quarter worth $71,000. AMH Equity Ltd acquired a new position in Datavault AI in the third quarter valued at $108,000. Synergy Asset Management LLC purchased a new stake in shares of Datavault AI in the third quarter valued at about $133,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Datavault AI during the third quarter worth about $303,000. Hedge funds and other institutional investors own 0.66% of the company’s stock.
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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