Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares shot up 4.2% during mid-day trading on Wednesday . The stock traded as high as $0.4240 and last traded at $0.4025. 19,547,726 shares traded hands during trading, a decline of 65% from the average session volume of 56,065,305 shares. The stock had previously closed at $0.3864.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on DVLT. Maxim Group lowered their target price on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Wall Street Zen cut shares of Datavault AI from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $3.00.
Datavault AI Stock Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last announced its quarterly earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $33.82 million for the quarter. Datavault AI had a negative net margin of 292.68% and a negative return on equity of 64.71%.
Insider Buying and Selling at Datavault AI
In other news, insider Stanley Mbugua sold 62,982 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $0.41, for a total transaction of $25,822.62. Following the transaction, the insider owned 2,052,846 shares of the company’s stock, valued at approximately $841,666.86. The trade was a 2.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 7.70% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of DVLT. JPMorgan Chase & Co. purchased a new stake in Datavault AI in the 3rd quarter valued at about $303,000. Vanguard Group Inc. purchased a new stake in Datavault AI in the 3rd quarter valued at about $1,294,000. BNP Paribas Financial Markets purchased a new stake in Datavault AI in the 3rd quarter valued at about $416,000. Raymond James Financial Inc. purchased a new stake in Datavault AI in the 3rd quarter valued at about $71,000. Finally, Anson Funds Management LP purchased a new stake in Datavault AI in the 3rd quarter valued at about $3,218,000. 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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