Datavault AI (NASDAQ:DVLT) Shares Down 7.8% – Here’s What Happened

Datavault AI Inc. (NASDAQ:DVLT)’s stock price traded down 7.8% during mid-day trading on Wednesday . The company traded as low as $0.3389 and last traded at $0.3402. Approximately 19,732,362 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 54,817,289 shares. The stock had previously closed at $0.3689.

Analysts Set New Price Targets

DVLT has been the topic of several recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Datavault AI in a report on Friday, April 24th. Maxim Group decreased their price objective on Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Finally, Wall Street Zen downgraded Datavault AI from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $3.00.

Datavault AI Stock Performance

The stock’s 50-day simple moving average is $0.54 and its 200 day simple moving average is $0.73. The company has a market capitalization of $291.06 million, a PE ratio of -0.37 and a beta of 0.28. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.58 and a current ratio of 4.62.

Insider Activity at Datavault AI

In related news, insider Stanley Mbugua sold 62,982 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $0.41, for a total value of $25,822.62. Following the transaction, the insider owned 2,052,846 shares of the company’s stock, valued at $841,666.86. This represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 7.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DVLT. Prelude Capital Management LLC purchased a new position in shares of Datavault AI in the 3rd quarter valued at about $43,000. Bank of New York Mellon Corp raised its position in shares of Datavault AI by 78.3% during the 1st quarter. Bank of New York Mellon Corp now owns 44,580 shares of the company’s stock worth $28,000 after acquiring an additional 19,578 shares in the last quarter. Stonebridge Capital Advisors LLC lifted its stake in Datavault AI by 175.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock worth $36,000 after purchasing an additional 35,000 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in Datavault AI during the fourth quarter worth approximately $42,000. Finally, Raymond James Financial Inc. acquired a new position in Datavault AI in the third quarter valued at approximately $71,000. 0.66% of the stock is owned by institutional investors and hedge funds.

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.