Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s share price fell 1.7% during trading on Tuesday . The company traded as low as $0.3820 and last traded at $0.3864. 20,056,041 shares traded 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.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on DVLT. Maxim Group lowered their price objective on shares of 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 shares of Datavault AI from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Datavault AI has an average rating of “Hold” and an average target price of $3.00.
Read Our Latest Analysis on DVLT
Datavault AI Stock Down 2.6%
Datavault AI (NASDAQ:DVLT – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 EPS for the quarter. Datavault AI had a negative return on equity of 64.71% and a negative net margin of 292.68%.The company had revenue of $33.82 million during the quarter.
Insider Activity at Datavault AI
In other Datavault AI news, insider Stanley Mbugua sold 62,982 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $0.41, for a total transaction of $25,822.62. Following the completion of the sale, the insider owned 2,052,846 shares of the company’s stock, valued at approximately $841,666.86. The trade was a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 7.70% of the stock is owned by insiders.
Institutional Trading of Datavault AI
Several hedge funds have recently bought and sold shares of the stock. State Street Corp grew its holdings in Datavault AI by 51,505.4% during the fourth quarter. State Street Corp now owns 10,064,089 shares of the company’s stock valued at $6,563,000 after purchasing an additional 10,044,587 shares during the period. Jane Street Group LLC bought a new stake in Datavault AI during the fourth quarter valued at about $2,923,000. Anson Funds Management LP bought a new stake in Datavault AI during the third quarter valued at about $3,218,000. Themes Management Co LLC bought a new stake in Datavault AI during the first quarter valued at about $1,223,000. Finally, Vanguard Group Inc. bought a new stake in Datavault AI during the third quarter valued at about $1,294,000. 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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