Palladyne AI Corp. (NASDAQ:PDYN) Director Dennis M. Weibling Buys 7,208 Shares

Palladyne AI Corp. (NASDAQ:PDYNGet Free Report) Director Dennis M. Weibling purchased 7,208 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were acquired at an average cost of $1.95 per share, for a total transaction of $14,055.60. Following the completion of the transaction, the director now directly owns 110,098 shares in the company, valued at $214,691.10. The purchase was disclosed in a filing with the SEC, which is available through this link.

Palladyne AI Stock Performance

Shares of PDYN stock traded down $0.07 on Thursday, reaching $1.93. The stock had a trading volume of 168,847 shares, compared to its average volume of 686,392. The stock has a market cap of $51.34 million, a price-to-earnings ratio of -0.49 and a beta of 3.27. Palladyne AI Corp. has a 12 month low of $0.40 and a 12 month high of $3.25.

Palladyne AI (NASDAQ:PDYNGet Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.06 EPS for the quarter. Palladyne AI had a negative net margin of 1,390.02% and a negative return on equity of 74.87%. The business had revenue of $0.75 million for the quarter.

Palladyne AI Company Profile

(Get Free Report)

Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments.

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Insider Buying and Selling by Quarter for Palladyne AI (NASDAQ:PDYN)

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