In a filing, Palladyne AI Corp revealed its Director WEIBLING DENNIS M acquired Company’s shares for reported $0.47 million on Oct 31 ’24. In the deal valued at $2.20 per share,215,053 shares were bought. As a result of this transaction, WEIBLING DENNIS M now holds 389,884 shares worth roughly $0.7 million.
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Then, Wolff Benjamin G bought 107,526 shares, generating $236,557 in total proceeds. Upon buying the shares at $2.20, the PRESIDENT & CEO now owns 107,526 shares.
Before that, GARAGIC DENIS bought 1,000 shares. Palladyne AI Corp shares valued at $1,550 were divested by the CHIEF TECHNOLOGY OFFICER at a price of $1.55 per share. As a result of the transaction, GARAGIC DENIS now holds 553,743 shares, worth roughly $1.0 million.
Price Performance Review of PDYN
On Tuesday, Palladyne AI Corp [NASDAQ:PDYN] saw its stock jump 1.12% to $1.80. Over the last five days, the stock has lost -17.05%. Palladyne AI Corp shares have risen nearly 149.55% since the year began. Nevertheless, the stocks have risen 161.02% over the past one year. While a 52-week high of $3.50 was reached on 10/09/24, a 52-week low of $0.45 was recorded on 02/05/24. SMA at 50 days reached $2.0244, while 200 days put it at $1.7315.
Levels Of Support And Resistance For PDYN Stock
The 24-hour chart illustrates a support level at 1.6987, which if violated will result in even more drops to 1.5973. On the upside, there is a resistance level at 1.9427. A further resistance level may holdings at 2.0853. The Relative Strength Index (RSI) on the 14-day chart is 41.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2186, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.33%. Stochastics %K at 16.00% indicates the stock is a buying.
How much short interest is there in Palladyne AI Corp?
A steep rise in short interest was recorded in Palladyne AI Corp stocks on 2024-10-31, growing by 0.32 million shares to a total of 0.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.21 million shares. There was a rise of 60.6%, which implies that there is a positive sentiment for the stock.
