Datavault AI (NASDAQ:DVLT) Shares Down 1% – Here’s What Happened
by Jessica Moore · The Cerbat GemDatavault AI Inc. (NASDAQ:DVLT – Get Free Report) dropped 1% during trading on Tuesday . The stock traded as low as $0.6830 and last traded at $0.6914. Approximately 26,387,647 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 61,085,840 shares. The stock had previously closed at $0.6984.
Wall Street Analysts Forecast Growth
DVLT has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. Wall Street Zen raised Datavault AI from a “strong sell” rating to a “hold” rating in a report on Saturday, March 21st. 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 research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Datavault AI has a consensus rating of “Hold” and a consensus price target of $3.00.
View Our Latest Research Report on DVLT
Datavault AI Stock Down 1.0%
The stock has a market cap of $424.73 million, a PE ratio of -0.66 and a beta of 0.12. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.29 and a current ratio of 5.32. The company’s 50-day moving average price is $0.70 and its 200 day moving average price is $1.23.
Datavault AI (NASDAQ:DVLT – Get Free Report) last released its quarterly earnings results on Wednesday, March 18th. The company reported $0.53 EPS for the quarter. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%. The firm had revenue of $33.82 million during the quarter. As a group, analysts forecast that Datavault AI Inc. will post -13.02 EPS for the current fiscal year.
Insider Activity at Datavault AI
In other news, major shareholder Holding Co Scilex sold 5,115,586 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $0.72, for a total transaction of $3,683,221.92. Following the completion of the sale, the insider owned 213,766,229 shares of the company’s stock, valued at $153,911,684.88. This represents a 2.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.70% of the stock is owned by insiders.
Institutional Investors Weigh In On Datavault AI
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vident Advisory LLC purchased a new stake in shares of Datavault AI during the 4th quarter valued at about $255,000. XTX Topco Ltd bought a new position in shares of Datavault AI during the 4th quarter valued at approximately $290,000. Millennium Management LLC bought a new position in shares of Datavault AI during the 4th quarter valued at approximately $58,000. Cetera Investment Advisers grew its stake in shares of Datavault AI by 668.9% during the 4th quarter. Cetera Investment Advisers now owns 121,486 shares of the company’s stock valued at $79,000 after acquiring an additional 105,686 shares during the period. Finally, OMERS ADMINISTRATION Corp bought a new position in shares of Datavault AI during the 4th quarter valued at approximately $42,000. Hedge funds and other institutional investors own 0.66% of the company’s stock.
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.