The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Palladyne AI Corp shares valued at $49,047 were sold by Martindale Kristi on May 20 ’25. At $7.24 per share, Martindale Kristi sold 6,772 shares. The insider’s holdings dropped to 318,307 shares worth approximately $2.3 million following the completion of this transaction.
Also, SONNE STEPHEN sold 3,422 shares, netting a total of over 24,784 in proceeds. Following the sale of shares at $7.24 each, the insider now holds 192,655 shares.
Before that, THATCHER TREVOR had sold 2,623 shares from its account. In a trade valued at $18,997, the CHIEF FINANCIAL OFFICER traded Palladyne AI Corp shares for $7.24 each. Upon closing the transaction, the insider’s holdings decreased to 2,623 shares, worth approximately $1.22 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
On last trading session, Palladyne AI Corp [NASDAQ: PDYN] plunged -12.15% to $7.23. The stock’s lowest price that day was $6.95, but it reached a high of $7.92 in the same session. During the last five days, there has been a drop of approximately -11.61%. Over the course of the year, Palladyne AI Corp shares have jumped approximately 322.81%.
Is Palladyne AI Corp subject to short interest?
Stocks of Palladyne AI Corp saw a sharp rise in short interest on 2025-07-15 jumping by 1.69 million shares to 5.19 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 3.5 million shares. A jump of 32.55% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.9 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.9.