Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) fell 8.9% during trading on Friday after an insider sold shares in the company. The stock traded as low as $0.3530 and last traded at $0.3570. 38,915,986 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 56,852,668 shares. The stock had previously closed at $0.3918.
Specifically, insider Stanley Mbugua sold 62,982 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $0.41, for a total transaction of $25,822.62. Following the completion of the sale, the insider owned 2,052,846 shares in the company, valued at $841,666.86. The trade was a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on DVLT shares. Wall Street Zen cut Datavault AI from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. Maxim Group lowered their price objective on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $3.00.
Datavault AI Price Performance
The company has a current ratio of 4.62, a quick ratio of 4.58 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average of $0.59 and a 200 day moving average of $0.83. The firm has a market capitalization of $305.43 million, a PE ratio of -0.39 and a beta of 0.28.
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. Datavault AI had a negative net margin of 292.68% and a negative return on equity of 64.71%. The firm had revenue of $33.82 million for the quarter.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in Datavault AI by 78.3% in the 1st quarter. Bank of New York Mellon Corp now owns 44,580 shares of the company’s stock worth $28,000 after purchasing an additional 19,578 shares in the last quarter. Stonebridge Capital Advisors LLC boosted its stake in shares of Datavault AI by 175.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock worth $36,000 after buying an additional 35,000 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in shares of Datavault AI in the fourth quarter valued at approximately $42,000. Prelude Capital Management LLC purchased a new stake in shares of Datavault AI during the third quarter valued at approximately $43,000. Finally, State of Wyoming purchased a new stake in shares of Datavault AI during the first quarter valued at approximately $43,000. 0.66% of the stock is currently owned by hedge funds and other institutional investors.
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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