Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares traded up 8.5% on Friday . The stock traded as high as $0.8788 and last traded at $0.79. 96,730,203 shares were traded during mid-day trading, an increase of 6% from the average session volume of 90,965,844 shares. The stock had previously closed at $0.7278.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on DVLT shares. Maxim Group boosted their price objective 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. Weiss Ratings reissued 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, the company has a consensus rating of “Hold” and an average price target of $4.00.
Read Our Latest Research Report on DVLT
Datavault AI Trading Up 8.5%
Datavault AI (NASDAQ:DVLT – Get Free Report) last released its earnings results on Friday, November 14th. The company reported ($0.33) earnings per share for the quarter. Datavault AI had a negative net margin of 1,394.07% and a negative return on equity of 100.90%. The firm had revenue of $2.90 million for the quarter. On average, sell-side analysts expect that Datavault AI Inc. will post -13.02 earnings per share for the current fiscal year.
Insider Activity
In other news, Director David Marc Howitt sold 19,656 shares of the company’s stock in a transaction dated 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 transaction, the director owned 311,909 shares of the company’s stock, valued at $508,411.67. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Holding Co Scilex sold 10,674,816 shares of Datavault AI stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $0.88, for a total value of $9,393,838.08. Following the sale, the insider directly owned 219,056,954 shares in the company, valued at $192,770,119.52. This trade represents a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,221,535 shares of company stock worth $32,475,682 over the last ninety days. Corporate insiders own 7.70% of the company’s stock.
Hedge Funds Weigh In On Datavault AI
Hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp grew its stake in Datavault AI by 51,505.4% during the fourth quarter. State Street Corp now owns 10,064,089 shares of the company’s stock valued at $6,563,000 after acquiring an additional 10,044,587 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Datavault AI during the 4th quarter valued at about $2,923,000. Anson Funds Management LP purchased a new position in shares of Datavault AI during the third quarter valued at about $3,218,000. Vanguard Group Inc. bought a new stake in shares of Datavault AI in the third quarter worth about $1,294,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Datavault AI in the third quarter worth about $416,000. Institutional investors own 0.66% of the company’s stock.
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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