Datavault AI (NASDAQ:DVLT) Shares Down 8.9% After Insider Selling

Datavault AI Inc. (NASDAQ:DVLTGet Free Report)’s share price dropped 8.9% on Friday following insider selling activity. The stock traded as low as $0.3530 and last traded at $0.3570. Approximately 38,915,986 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 56,852,668 shares. The stock had previously closed at $0.3918.

Specifically, insider Stanley Mbugua sold 62,982 shares of the firm’s stock in a transaction on 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 directly owned 2,052,846 shares of the company’s stock, valued at $841,666.86. This trade represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DVLT shares. Wall Street Zen downgraded shares of Datavault AI from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a research report on Friday, April 24th. Finally, Maxim Group reduced their target price on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Monday, March 30th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Datavault AI currently has a consensus rating of “Hold” and a consensus price target of $3.00.

Get Our Latest Stock Report on DVLT

Datavault AI Price Performance

The firm has a 50 day moving average price of $0.59 and a two-hundred day moving average price of $0.83. The company has a market cap of $305.43 million, a P/E ratio of -0.39 and a beta of 0.28. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.58 and a current ratio of 4.62.

Datavault AI (NASDAQ:DVLTGet Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $33.82 million for the quarter. Datavault AI had a negative return on equity of 64.71% and a negative net margin of 292.68%.

Institutional Trading of Datavault AI

Several hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp lifted its stake in shares of Datavault AI by 51,505.4% during the 4th quarter. State Street Corp now owns 10,064,089 shares of the company’s stock valued at $6,563,000 after buying an additional 10,044,587 shares in the last quarter. Jane Street Group LLC purchased a new position in Datavault AI in the 4th quarter valued at approximately $2,923,000. Anson Funds Management LP bought a new stake in Datavault AI during the 3rd quarter valued at $3,218,000. Themes Management Co LLC bought a new stake in Datavault AI during the 1st quarter valued at $1,223,000. Finally, Vanguard Group Inc. purchased a new stake in shares of Datavault AI during the third quarter worth $1,294,000. Institutional investors own 0.66% of the company’s stock.

Datavault AI Company Profile

(Get Free Report)

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.

Further Reading

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