Palladyne AI Corp’s filing revealed that 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 $1.79 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 $2.55 million.
Price Performance Review of PDYN
On Friday, Palladyne AI Corp [NASDAQ:PDYN] saw its stock jump 130.00% to $4.60. Over the last five days, the stock has gained 148.65%. Palladyne AI Corp shares have risen nearly 537.74% since the year began. Nevertheless, the stocks have risen 560.54% over the past one year. While a 52-week high of $3.50 was reached on 11/22/24, a 52-week low of $0.45 was recorded on 02/05/24. SMA at 50 days reached $2.10, while 200 days put it at $1.77.
Levels Of Support And Resistance For PDYN Stock
The 24-hour chart illustrates a support level at 2.82, which if violated will result in even more drops to 1.03. On the upside, there is a resistance level at 5.72. A further resistance level may holdings at 6.83. The Relative Strength Index (RSI) on the 14-day chart is 82.75, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.39%. Stochastics %K at 50.11% indicates the stock is a holding.
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.
