Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Palladyne AI Corp shares valued at $330,930 were purchased by Peterson Laura J. on May 08 ’25. At $6.31 per share, Peterson Laura J. acquired 52,471 shares.
Also, Peterson Laura J. purchased 50,000 shares, netting a total of over 314,800 in proceeds.
Before that, VOGT MATTHEW had sold 538 shares from its account. In a trade valued at $3,129, the CHIEF REVENUE OFFICER traded Palladyne AI Corp shares for $5.82 each. Upon closing the transaction, the insider’s holdings decreased to 538 shares, worth approximately $1.02 million.
As published in their initiating research note from Alliance Global Partners on January 27, 2025, Palladyne AI Corp [PDYN] has been a Buy and the price target has been revised to $15.
Analyzing PDYN Stock Performance
During the last five days, there has been a drop of approximately -3.32%. Over the course of the year, Palladyne AI Corp shares have dropped approximately -50.12%. Shares of the company reached a 52-week high of $12.60 on 01/02/25 and a 52-week low of $4.83 on 04/07/25. A 50-day SMA is recorded $6.35, while a 200-day SMA reached $4.89.
Support And Resistance Levels for Palladyne AI Corp (PDYN)
According to the 24-hour chart, there is a support level at 5.93, which, if violated, would cause prices to drop to 5.73. In the upper region, resistance lies at 6.31. The next price resistance is at 6.49. RSI (Relative Strength Index) is 49.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.00, which suggests the price will decrease in the coming days. Percent R is at 61.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.