Palladyne AI Corp’s recent filing unveils that its Chief Commercial Officer Martindale Kristi unloaded Company’s shares for reported $49047.0 on May 20 ’25. In the deal valued at $7.24 per share,6,772 shares were sold. As a result of this transaction, Martindale Kristi now holds 318,307 shares worth roughly $2.4 million.
Then, SONNE STEPHEN sold 3,422 shares, generating $24,784 in total proceeds. Upon selling the shares at $7.24, the CHIEF LEGAL OFFICER now owns 192,655 shares.
Before that, THATCHER TREVOR sold 2,623 shares. Palladyne AI Corp shares valued at $18,997 were divested by the CHIEF FINANCIAL OFFICER at a price of $7.24 per share. As a result of the transaction, THATCHER TREVOR now holds 169,097 shares, worth roughly $1.27 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 Monday, Palladyne AI Corp [NASDAQ:PDYN] saw its stock fall -4.32% to $7.53. Over the last five days, the stock has gained 1.35%. Palladyne AI Corp shares have fallen nearly -38.63% since the year began. Nevertheless, the stocks have risen 267.32% over the past one year. While a 52-week high of $14.95 was reached on 01/02/25, a 52-week low of $1.38 was recorded on 04/07/25. SMA at 50 days reached $6.43, while 200 days put it at $5.20.
Levels Of Support And Resistance For PDYN Stock
The 24-hour chart illustrates a support level at 7.12, which if violated will result in even more drops to 6.70. On the upside, there is a resistance level at 8.25. A further resistance level may holdings at 8.96. The Relative Strength Index (RSI) on the 14-day chart is 58.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.74%. Stochastics %K at 65.21% indicates the stock is a holding.
