Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares dropped 9.2% on Friday . The stock traded as low as $0.90 and last traded at $0.9711. Approximately 93,056,325 shares traded hands during mid-day trading, an increase of 301% from the average daily volume of 23,230,361 shares. The stock had previously closed at $1.07.
Analysts Set New Price Targets
DVLT has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research note on Monday, December 15th. Wall Street Zen upgraded Datavault AI to a “sell” rating in a research report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $3.00.
Read Our Latest Research Report on Datavault AI
Datavault AI Price Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last released its earnings results on Friday, November 14th. The company reported ($0.33) EPS for the quarter. Datavault AI had a negative net margin of 1,394.07% and a negative return on equity of 100.90%. The business had revenue of $2.90 million for the quarter. On average, equities analysts predict that Datavault AI Inc. will post -13.02 EPS for the current year.
Insiders Place Their Bets
In other news, insider Brett Moyer sold 28,594 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $2.44, for a total value of $69,769.36. Following the transaction, the insider directly owned 1,089,071 shares in the company, valued at approximately $2,657,333.24. This represents a 2.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Holding Co Scilex sold 422,299 shares of the firm’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $2.06, for a total transaction of $869,935.94. Following the completion of the transaction, the insider directly owned 265,102,560 shares in the company, valued at $546,111,273.60. This represents a 0.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 478,768 shares of company stock worth $991,799 over the last quarter. Company insiders own 7.70% of the company’s stock.
Hedge Funds Weigh In On Datavault AI
A number of hedge funds have recently added to or reduced their stakes in DVLT. Prelude Capital Management LLC bought a new stake in shares of Datavault AI during the third quarter valued at approximately $43,000. Raymond James Financial Inc. purchased a new position in Datavault AI during the 3rd quarter worth $71,000. AMH Equity Ltd bought a new stake in Datavault AI during the 3rd quarter valued at $108,000. Synergy Asset Management LLC purchased a new stake in shares of Datavault AI in the 3rd quarter worth $133,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Datavault AI in the 3rd quarter worth $303,000. 0.66% of the stock is currently owned by 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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