Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s stock price dropped 5.6% during trading on Thursday . The company traded as low as $0.36 and last traded at $0.3658. 7,364,302 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 19,257,872 shares. The stock had previously closed at $0.3876.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a report on Friday, April 24th. Wall Street Zen lowered Datavault AI from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Maxim Group lowered their price target on Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.00.
Get Our Latest Stock Report on DVLT
Datavault AI Price Performance
Insider Activity
In other Datavault AI news, insider Stanley Mbugua sold 62,982 shares of the company’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 value of $25,822.62. Following the completion of the transaction, the insider owned 2,052,846 shares in the company, valued at $841,666.86. This represents a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 7.70% of the company’s stock.
Institutional Trading of Datavault AI
Hedge funds and other institutional investors have recently modified their holdings of the business. Prelude Capital Management LLC purchased a new stake in Datavault AI during the 3rd quarter worth approximately $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 valued at $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 bought a new position in Datavault AI during the fourth quarter worth $42,000. Finally, Raymond James Financial Inc. acquired a new position in Datavault AI in the third quarter worth $71,000. 0.66% of the stock is owned by hedge funds and other institutional investors.
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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