Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares rose 4.2% during mid-day trading on Wednesday . The stock traded as high as $0.4240 and last traded at $0.4025. Approximately 19,547,726 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 56,065,305 shares. The stock had previously closed at $0.3864.
Analyst Ratings Changes
DVLT has been the topic of several research analyst reports. Maxim Group reduced their price objective on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Wall Street Zen lowered shares of Datavault AI from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Datavault AI in a report on Friday, April 24th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently 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 Stock Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last released its earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share 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 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 transaction, the insider directly 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 7.70% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new stake in shares of Datavault AI in the 3rd quarter valued at $303,000. Vanguard Group Inc. acquired a new stake in shares of Datavault AI in the 3rd quarter valued at $1,294,000. BNP Paribas Financial Markets acquired a new stake in shares of Datavault AI in the 3rd quarter valued at $416,000. Raymond James Financial Inc. acquired a new stake in shares of Datavault AI in the 3rd quarter valued at $71,000. Finally, Anson Funds Management LP acquired a new stake in shares of Datavault AI in the 3rd quarter valued at $3,218,000. Institutional investors and hedge funds 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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