Datavault AI (NASDAQ:DVLT – Get Free Report) was downgraded by stock analysts at Maxim Group from a “buy” rating to a “hold” rating in a research note issued on Wednesday, Briefing.com reports.
Several other research firms have also recently commented on DVLT. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a report on Monday, October 19th. Zacks Research upgraded Datavault AI to a “hold” rating in a research report on Monday, August 10th. Finally, Litchfield Hills Research began coverage on shares of Datavault AI in a research report on Wednesday, August 5th. They issued a “buy” rating and a $2.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $2.50.
View Our Latest Stock Report on DVLT
Datavault AI Stock Performance
Shares of Datavault AI stock opened at $0.07 on Wednesday. The company has a fifty day simple moving average of $0.19 and a 200-day simple moving average of $0.48. Datavault AI has a 12-month low of $0.06 and a 12-month high of $3.79.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of DVLT. Cygnus Capital Advisors LLC raised its holdings in Datavault AI by 493.3% during the second quarter. Cygnus Capital Advisors LLC now owns 304,345 shares of the company’s stock worth $106,000 after purchasing an additional 253,052 shares in the last quarter. OMERS ADMINISTRATION Corp increased its stake in Datavault AI by 93.0% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 123,900 shares of the company’s stock worth $77,000 after purchasing an additional 59,700 shares in the last quarter. Themes Management Co LLC purchased a new stake in shares of Datavault AI in the 1st quarter valued at approximately $1,223,000. State of Wyoming acquired a new stake in shares of Datavault AI in the first quarter worth $43,000. Finally, SEB Asset Management AB purchased a new position in Datavault AI during the 1st quarter valued at about $268,000. 0.66% of the stock is owned by institutional investors and hedge funds.
Datavault AI Company Profile
Datavault AI, Inc is a technology company focused on data monetization, artificial intelligence and blockchain-based solutions. Its platform is designed to help organizations collect, organize, protect and convert data into usable digital assets while supporting data ownership, licensing and exchange.
The company’s offerings include tools for data tokenization, digital-twin creation, secure data management and AI-assisted analytics. Datavault AI also develops solutions intended for events, enterprises, institutions and other organizations seeking to create new value from proprietary information and digital content.
The company’s current public-company identity follows its transition from WiSA Technologies, Inc, which changed its name to Datavault AI and adopted the ticker symbol DVLT.
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