Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) fell 2.8% during trading on Tuesday . The stock traded as low as $1.24 and last traded at $1.40. 117,446,539 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 246,478,813 shares. The stock had previously closed at $1.44.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on DVLT shares. Wall Street Zen upgraded shares of Datavault AI to a “sell” rating in a research note on Friday, September 26th. Maxim Group upped their target price on shares of Datavault AI from $3.00 to $4.00 and gave the company a “buy” rating in a research note on Monday. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Datavault AI in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Datavault AI presently has an average rating of “Hold” and an average target price of $4.00.
View Our Latest Research Report on Datavault AI
Datavault AI Price Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last released its earnings results on Friday, November 14th. The company reported ($0.33) earnings per share for the quarter. The company had revenue of $2.90 million during the quarter. Datavault AI had a negative net margin of 1,394.07% and a negative return on equity of 100.90%. As a group, equities research analysts forecast that Datavault AI Inc. will post -13.02 earnings per share for the current year.
Insider Buying and Selling at Datavault AI
In other Datavault AI news, insider Brett Moyer sold 49,016 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $0.93, for a total value of $45,584.88. Following the completion of the sale, the insider owned 3,738,598 shares of the company’s stock, valued at approximately $3,476,896.14. This represents a 1.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Marc Howitt sold 19,656 shares of Datavault AI stock in a transaction on Monday, December 8th. The stock was sold at an average price of $1.63, for a total transaction of $32,039.28. Following the transaction, the director directly owned 311,909 shares in the company, valued at approximately $508,411.67. This represents a 5.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 542,504 shares of company stock valued at $1,051,073. Corporate insiders own 7.70% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in DVLT. Prelude Capital Management LLC acquired a new stake in shares of Datavault AI during the third quarter worth about $43,000. Raymond James Financial Inc. bought a new stake in Datavault AI during the 3rd quarter worth approximately $71,000. AMH Equity Ltd acquired a new stake in Datavault AI during the 3rd quarter worth approximately $108,000. Synergy Asset Management LLC acquired a new stake in Datavault AI during the 3rd quarter worth approximately $133,000. Finally, JPMorgan Chase & Co. bought a new position in Datavault AI in the third quarter valued at approximately $303,000. 0.66% of the stock is owned by institutional investors and hedge funds.
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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