Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s share price dropped 7.6% during mid-day trading on Wednesday . The company traded as low as $1.45 and last traded at $1.45. Approximately 25,537,603 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 22,834,387 shares. The stock had previously closed at $1.57.
Wall Street Analyst Weigh In
Several research firms have commented on DVLT. Wall Street Zen raised shares of Datavault AI to a “sell” rating in a report on Friday, September 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Datavault AI in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $3.00.
Get Our Latest Stock Analysis on Datavault AI
Datavault AI Stock Down 7.6%
Datavault AI (NASDAQ:DVLT – Get Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.33) earnings per share (EPS) for the quarter. The firm had revenue of $2.90 million during 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, sell-side analysts expect that Datavault AI Inc. will post -13.02 EPS for the current fiscal year.
Insider Buying and Selling
In other Datavault AI 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 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. This represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Marc Howitt sold 19,656 shares of Datavault AI stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $1.63, for a total value of $32,039.28. Following the sale, the director owned 311,909 shares of the company’s stock, valued at approximately $508,411.67. This trade represents a 5.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 478,768 shares of company stock worth $991,799 over the last ninety days. 7.70% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Datavault AI
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Prelude Capital Management LLC purchased a new stake in shares of Datavault AI during the 3rd quarter valued at $43,000. Raymond James Financial Inc. purchased a new position in Datavault AI in the third quarter worth $71,000. AMH Equity Ltd bought a new position in Datavault AI in the third quarter valued at $108,000. Synergy Asset Management LLC purchased a new stake in Datavault AI during the third quarter valued at about $133,000. Finally, JPMorgan Chase & Co. purchased a new stake in Datavault AI during the third quarter valued at about $303,000. Hedge funds and other 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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