Palladyne AI Corp (NASDAQ: PDYN) is -23.55% lower on its value in year-to-date trading and has touched a low of $1.38 and a high of $14.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PDYN stock was last observed hovering at around $9.54 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $9.38, the stock is 22.56% and 41.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.6 million and changing -1.68% at the moment leaves the stock 72.98% off its SMA200. PDYN registered 432.95% gain for a year compared to 6-month gain of 100.43%. The firm has a 50-day simple moving average (SMA 50) of $6.6516 and a 200-day simple moving average (SMA200) of $5.422525.
The stock witnessed a 51.29% loss in the last 1 month and extending the period to 3 months gives it a 52.89%, and is 29.56% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.93% over the week and 8.19% over the month.
Palladyne AI Corp (PDYN) has around 71 employees, a market worth around $335.00M and $6.05M in sales. Fwd P/E is 4.51. Profit margin for the company is -704.03%. Distance from 52-week low is 579.71% and -37.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-112.13%).
The EPS is expected to grow by 175.64% this year.
Palladyne AI Corp (PDYN) Top Institutional Holders
82.0 institutions hold shares in Palladyne AI Corp (PDYN), with institutional investors hold 24.52% of the company’s shares. The shares outstanding are 35.71M, and float is at 24.23M with Short Float at 10.15%. Institutions hold 17.37% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.62 million shares valued at $0.99 million. The investor’s holdings represent 2.3262% of the PDYN Shares outstanding. As of 2024-06-30, the second largest holder is DELTA AIR LINES, INC. with 0.38 million shares valued at $0.6 million to account for 1.4178 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.35 million shares representing 1.3037% and valued at over $0.56 million, while CERTUITY, LLC holds 1.2069 of the shares totaling 0.32 million with a market value of $0.51 million.
Palladyne AI Corp (PDYN) Insider Activity
The most recent transaction is an insider sale by Martindale Kristi, the company’s Chief Commercial Officer. SEC filings show that Martindale Kristi sold 6,772 shares of the company’s common stock on May 20 ’25 at a price of $7.24 per share for a total of $49047.0. Following the sale, the insider now owns 0.32 million shares.
Palladyne AI Corp disclosed in a document filed with the SEC on May 20 ’25 that SONNE STEPHEN (CHIEF LEGAL OFFICER) sold a total of 3,422 shares of the company’s common stock. The trade occurred on May 20 ’25 and was made at $7.24 per share for $24784.0. Following the transaction, the insider now directly holds 0.19 million shares of the PDYN stock.
Still, SEC filings show that on May 20 ’25, THATCHER TREVOR (CHIEF FINANCIAL OFFICER) disposed off 2,623 shares at an average price of $7.24 for $18997.0. The insider now directly holds 169,097 shares of Palladyne AI Corp (PDYN).
