Palladyne AI Corp’s recent filing unveils 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 $8.55 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 $3.23 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 jump 5.51% to $6.51. Over the last five days, the stock has lost -11.55%. Palladyne AI Corp shares have fallen nearly -46.94% since the year began. Nevertheless, the stocks have risen 242.63% 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 03/28/25. SMA at 50 days reached $8.02, while 200 days put it at $4.21.
Levels Of Support And Resistance For PDYN Stock
The 24-hour chart illustrates a support level at 5.81, which if violated will result in even more drops to 5.11. On the upside, there is a resistance level at 6.95. A further resistance level may holdings at 7.39. The Relative Strength Index (RSI) on the 14-day chart is 43.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.75%. Stochastics %K at 31.60% 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 2025-03-14, growing by 0.58 million shares to a total of 3.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.63 million shares. There was a rise of 18.2%, which implies that there is a positive sentiment for the stock.
