Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares rose 32.9% on Friday . The company traded as high as $0.86 and last traded at $0.8502. Approximately 135,654,660 shares changed hands during trading, an increase of 36% from the average daily volume of 99,696,430 shares. The stock had previously closed at $0.6399.
Wall Street Analyst Weigh In
DVLT has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. Maxim Group upped their price target on shares of Datavault AI from $3.00 to $4.00 and gave the company a “buy” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Datavault AI presently has a consensus rating of “Hold” and an average target price of $4.00.
View Our Latest Research Report on Datavault AI
Datavault AI Stock Up 32.9%
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported ($0.33) earnings per share for the quarter. The firm had revenue of $2.90 million during the quarter. Datavault AI had a negative return on equity of 100.90% and a negative net margin of 1,394.07%. As a group, analysts predict that Datavault AI Inc. will post -13.02 EPS for the current fiscal year.
Insider Buying and Selling
In related news, insider Brett Moyer sold 49,016 shares of Datavault AI stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $0.93, for a total transaction of $45,584.88. Following the sale, the insider owned 3,738,598 shares of the company’s stock, valued at approximately $3,476,896.14. This trade represents a 1.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Holding Co Scilex sold 5,115,586 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was 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 owned 213,766,229 shares of the company’s stock, valued at $153,911,684.88. The trade was a 2.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 31,221,535 shares of company stock worth $32,475,682. 7.70% of the stock is owned by corporate insiders.
Institutional Trading of Datavault AI
Several hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new position in shares of Datavault AI during the third quarter valued at about $303,000. Vanguard Group Inc. purchased a new stake in shares of Datavault AI in the third quarter worth about $1,294,000. Raymond James Financial Inc. bought a new position in Datavault AI during the third quarter valued at approximately $71,000. Synergy Asset Management LLC purchased a new position in Datavault AI during the 3rd quarter valued at approximately $133,000. Finally, AMH Equity Ltd bought a new stake in Datavault AI in the 3rd quarter worth approximately $108,000. 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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