Palladyne AI Corp’s recently made public that its PRESIDENT & CEO Wolff Benjamin G acquired Company’s shares for reported $17259.0 on Mar 11 ’25. In the deal valued at $5.90 per share,2,923 shares were bought. As a result of this transaction, Wolff Benjamin G now holds 1,314,126 shares worth roughly $9.67 million.
Then, Wolff Benjamin G bought 5,000 shares, generating $31,981 in total proceeds. Upon buying the shares at $6.40, the PRESIDENT & CEO now owns 1,311,203 shares.
Before that, GARAGIC DENIS sold 55,827 shares. Palladyne AI Corp shares valued at $392,441 were divested by the CHIEF TECHNOLOGY OFFICER at a price of $7.03 per share. As a result of the transaction, GARAGIC DENIS now holds 495,978 shares, worth roughly $3.65 million.
Alliance Global Partners initiated its Palladyne AI Corp [PDYN] rating to a Buy in a research note published on January 27, 2025; the price target was $15.
Price Performance Review of PDYN
On Friday, Palladyne AI Corp [NASDAQ:PDYN] saw its stock fall -4.54% to $7.36. Over the last five days, the stock has lost -0.27%. Palladyne AI Corp shares have fallen nearly -40.02% since the year began. Nevertheless, the stocks have risen 303.29% over the past one year. While a 52-week high of $14.95 was reached on 01/02/25, a 52-week low of $1.26 was recorded on 02/25/25. SMA at 50 days reached $8.15, while 200 days put it at $4.08.
Levels Of Support And Resistance For PDYN Stock
The 24-hour chart illustrates a support level at 7.08, which if violated will result in even more drops to 6.79. On the upside, there is a resistance level at 7.57. A further resistance level may holdings at 7.77. The Relative Strength Index (RSI) on the 14-day chart is 48.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.67%. Stochastics %K at 79.92% 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 2025-02-28, growing by 1.34 million shares to a total of 3.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.32 million shares. There was a rise of 36.65%, which implies that there is a positive sentiment for the stock.
