Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) traded down 5.3% during mid-day trading on Tuesday . The company traded as low as $0.3601 and last traded at $0.3689. 15,709,194 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 55,089,531 shares. The stock had previously closed at $0.3895.
Wall Street Analyst Weigh In
DVLT has been the subject of several research reports. Maxim Group lowered their price objective on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research report on Friday, April 24th. Finally, Wall Street Zen lowered Datavault AI from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $3.00.
View Our Latest Report on DVLT
Datavault AI Price Performance
Insider Transactions at Datavault AI
In other Datavault AI news, insider Stanley Mbugua sold 62,982 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $0.41, for a total transaction of $25,822.62. Following the completion of the transaction, the insider directly owned 2,052,846 shares of the company’s stock, valued at approximately $841,666.86. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 7.70% of the company’s stock.
Institutional Trading of Datavault AI
A number of hedge funds and other institutional investors have recently made changes to their positions in DVLT. Prelude Capital Management LLC purchased a new position in shares of Datavault AI during the third quarter worth $43,000. Bank of New York Mellon Corp boosted its holdings in Datavault AI by 78.3% in the first quarter. Bank of New York Mellon Corp now owns 44,580 shares of the company’s stock valued at $28,000 after purchasing an additional 19,578 shares during the last quarter. Stonebridge Capital Advisors LLC boosted its holdings in Datavault AI by 175.0% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock valued at $36,000 after purchasing an additional 35,000 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in Datavault AI during the 4th quarter worth about $42,000. Finally, Raymond James Financial Inc. acquired a new stake in Datavault AI during the 3rd quarter worth about $71,000. Institutional investors and hedge funds 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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