Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shot up 20.2% during trading on Thursday . The company traded as high as $0.9072 and last traded at $0.8972. 91,192,906 shares were traded during trading, a decline of 33% from the average session volume of 137,017,156 shares. The stock had previously closed at $0.7462.
Wall Street Analysts Forecast Growth
DVLT has been the subject of a number of research reports. Wall Street Zen raised Datavault AI to a “sell” rating in a research note on Friday, September 26th. Maxim Group increased their price objective on Datavault AI from $3.00 to $4.00 and gave the stock a “buy” rating in a report on Monday, January 5th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Datavault AI presently has an average rating of “Hold” and a consensus price target of $4.00.
View Our Latest Analysis on Datavault AI
Datavault AI Trading Up 20.2%
Datavault AI (NASDAQ:DVLT – Get Free Report) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.33) earnings per share for the quarter. The company had revenue of $2.90 million during the quarter. Datavault AI had a negative net margin of 1,394.07% and a negative return on equity of 100.90%. Analysts predict that Datavault AI Inc. will post -13.02 earnings per share for the current year.
Insider Transactions at Datavault AI
In related news, Director David Marc Howitt sold 19,656 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $1.63, for a total value of $32,039.28. Following the completion of the sale, the director directly owned 311,909 shares in the company, valued at $508,411.67. The trade was a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Holding Co Scilex sold 5,115,586 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $0.72, for a total value of $3,683,221.92. Following the completion of the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,221,535 shares of company stock worth $32,475,682 over the last quarter. Company insiders own 7.70% of the company’s stock.
Institutional Investors Weigh In On Datavault AI
Institutional investors have recently modified their holdings of the business. Prelude Capital Management LLC acquired a new position in shares of Datavault AI in the third quarter valued at about $43,000. Raymond James Financial Inc. bought a new stake in Datavault AI in the 3rd quarter valued at about $71,000. AMH Equity Ltd acquired a new position in shares of Datavault AI during the 3rd quarter worth approximately $108,000. Synergy Asset Management LLC bought a new position in shares of Datavault AI during the third quarter worth approximately $133,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Datavault AI in the third quarter valued at approximately $303,000. 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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