Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s stock price traded down 1.1% on Thursday . The company traded as low as $0.3250 and last traded at $0.3365. Approximately 15,866,522 shares changed hands during trading, a decline of 71% from the average daily volume of 54,500,410 shares. The stock had previously closed at $0.3402.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the stock. Maxim Group decreased their price target 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. Wall Street Zen downgraded Datavault AI from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $3.00.
Check Out Our Latest Stock Report on Datavault AI
Datavault AI Price Performance
Insider Activity at Datavault AI
In other Datavault AI news, insider Stanley Mbugua sold 62,982 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $0.41, for a total value of $25,822.62. Following the completion of the transaction, the insider directly owned 2,052,846 shares in the company, valued at $841,666.86. This trade represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 7.70% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Datavault AI
Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new position in Datavault AI in the 3rd quarter worth approximately $303,000. Vanguard Group Inc. purchased a new position in Datavault AI during the 3rd quarter worth approximately $1,294,000. BNP Paribas Financial Markets acquired a new stake in Datavault AI during the 3rd quarter valued at $416,000. Raymond James Financial Inc. acquired a new stake in Datavault AI during the 3rd quarter valued at $71,000. Finally, Anson Funds Management LP purchased a new stake in shares of Datavault AI in the third quarter valued at $3,218,000. 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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