Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) traded down 2.8% during trading on Friday . The stock traded as low as $0.6681 and last traded at $0.6701. 23,276,629 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 66,608,734 shares. The stock had previously closed at $0.6892.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research report on Monday, December 29th. Maxim Group increased their price objective on shares of Datavault AI from $3.00 to $4.00 and gave the company a “buy” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $4.00.
Read Our Latest Stock Analysis on Datavault AI
Datavault AI Stock Down 2.8%
Insiders Place Their Bets
In related news, insider Brett Moyer sold 49,016 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $0.93, for a total transaction of $45,584.88. Following the completion of the sale, the insider owned 3,738,598 shares in the company, valued at approximately $3,476,896.14. This trade represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Holding Co Scilex sold 5,115,586 shares of Datavault AI stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $0.72, for a total transaction of $3,683,221.92. Following the completion of the sale, the insider directly owned 213,766,229 shares in the company, valued at approximately $153,911,684.88. This represents a 2.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 30,742,767 shares of company stock worth $31,483,883 over the last quarter. Company insiders own 7.70% of the company’s stock.
Institutional Investors Weigh In On Datavault AI
Several large investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. purchased a new position in Datavault AI in the fourth quarter valued at approximately $114,000. Cetera Investment Advisers raised its stake in shares of Datavault AI by 668.9% in the fourth quarter. Cetera Investment Advisers now owns 121,486 shares of the company’s stock valued at $79,000 after buying an additional 105,686 shares during the period. Mariner LLC lifted its position in shares of Datavault AI by 1,019.5% during the 4th quarter. Mariner LLC now owns 114,190 shares of the company’s stock valued at $74,000 after buying an additional 103,990 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Datavault AI during the 3rd quarter worth $71,000. Finally, Arete Wealth Advisors LLC purchased a new stake in Datavault AI in the 4th quarter worth about $59,000. 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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