Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares fell 1.5% on Wednesday . The stock traded as low as $0.3902 and last traded at $0.3943. 18,493,698 shares changed hands during trading, a decline of 68% from the average session volume of 57,292,098 shares. The stock had previously closed at $0.4005.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on DVLT. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. Wall Street Zen cut shares of Datavault AI from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Maxim Group cut 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 note on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Datavault AI has an average rating of “Hold” and a consensus target price of $3.00.
Check Out Our Latest Stock Report on Datavault AI
Datavault AI Stock Down 8.9%
Datavault AI (NASDAQ:DVLT – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 EPS for the quarter. Datavault AI had a negative net margin of 292.68% and a negative return on equity of 64.71%. The business had revenue of $33.82 million during the quarter.
Insider Activity at Datavault AI
In other Datavault AI news, insider Stanley Mbugua sold 62,982 shares of Datavault AI stock in a transaction on 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 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 filing with the SEC, which is available at this link. 7.70% of the stock is owned by insiders.
Hedge Funds Weigh In On Datavault AI
A number of large investors have recently made changes to their positions in the company. State Street Corp boosted 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 worth $6,563,000 after purchasing an additional 10,044,587 shares during the period. Jane Street Group LLC purchased a new position in shares of Datavault AI during the 4th quarter worth about $2,923,000. Anson Funds Management LP purchased a new position in shares of Datavault AI during the 3rd quarter worth about $3,218,000. Themes Management Co LLC purchased a new position in shares of Datavault AI during the 1st quarter worth about $1,223,000. Finally, Vanguard Group Inc. purchased a new position in shares of Datavault AI during the 3rd quarter worth about $1,294,000. 0.66% of the stock is owned by hedge funds and other institutional investors.
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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