Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s share price shot up 2.7% on Friday . The company traded as high as $0.7045 and last traded at $0.6779. 21,785,117 shares changed hands during trading, a decline of 65% from the average session volume of 62,276,156 shares. The stock had previously closed at $0.66.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the stock. Wall Street Zen raised shares of Datavault AI from a “strong sell” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. Finally, Maxim Group lowered their price target on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Datavault AI presently has a consensus rating of “Hold” and a consensus target price of $3.00.
Read Our Latest Stock Report on Datavault AI
Datavault AI Trading Up 2.7%
Datavault AI (NASDAQ:DVLT – Get Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $33.82 million during the quarter. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%. As a group, research analysts predict that Datavault AI Inc. will post -13.02 earnings per share for the current fiscal year.
Insider Transactions at Datavault AI
In other Datavault AI news, major shareholder Holding Co Scilex sold 5,115,586 shares of the firm’s stock in a transaction dated 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 sale, the insider owned 213,766,229 shares of the company’s stock, valued at $153,911,684.88. This trade represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 15,965,541 shares of company stock valued at $13,236,436 over the last ninety days. 7.70% of the stock is owned by company insiders.
Institutional Trading of Datavault AI
Several institutional investors have recently added to or reduced their stakes in DVLT. Synergy Asset Management LLC bought a new stake in Datavault AI in the third quarter worth about $133,000. AMH Equity Ltd bought a new stake in Datavault AI in the third quarter worth about $108,000. JPMorgan Chase & Co. bought a new stake in shares of Datavault AI during the third quarter valued at approximately $303,000. Vanguard Group Inc. bought a new stake in shares of Datavault AI during the third quarter valued at approximately $1,294,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of Datavault AI during the third quarter valued at approximately $416,000. 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.
Further Reading
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