<div id="readability-page-1"><p>Palladyne AI Corp. (NASDAQ:PDYN - Get Free Report) CFO Trevor Thatcher sold 2,648 shares of the firm's stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $5.11, for a total transaction of $13,531.28. Following the sale, the chief financial officer owned 164,937 shares in the company, valued at approximately $842,828.07. This trade represents a 1.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.</p><h2>Palladyne AI Stock Performance</h2><ul><li>Can Palladyne AI Live Up to the Hype?</li></ul><p>NASDAQ PDYN traded down $0.08 during trading hours on Friday, hitting $5.16. 1,640,006 shares of the company's stock were exchanged, compared to its average volume of 1,285,065. Palladyne AI Corp. has a 12-month low of $2.15 and a 12-month high of $14.95. The business's 50 day moving average is $8.02 and its 200-day moving average is $8.06. The firm has a market capitalization of $216.46 million, a P/E ratio of -3.05 and a beta of 3.74. </p><p>Palladyne AI (NASDAQ:PDYN - Get Free Report) last released its earnings results on Wednesday, November 12th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.11. The business had revenue of $0.86 million for the quarter, compared to analysts' expectations of $1.15 million. Palladyne AI had a negative net margin of 953.45% and a negative return on equity of 133.19%. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Military Contract Fuels Growth in These 2 Autonomous Drone Stocks</li></ul><p>A number of brokerages have recently issued reports on PDYN. Jefferies Financial Group initiated coverage on Palladyne AI in a report on Thursday, September 11th. They set a &#34;hold&#34; rating and a $8.00 target price for the company. Wall Street Zen upgraded Palladyne AI from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, November 15th. Finally, Weiss Ratings  restated a &#34;sell (d-)&#34; rating on shares of Palladyne AI in a research note on Wednesday. One investment analyst  has rated the stock with a Buy rating, one  has assigned  a Hold rating and one  has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and an average target price of $11.50.</p><p><b>View Our Latest Analysis on PDYN</b></p><h2>Institutional Trading of Palladyne AI</h2><p>Large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its stake in shares of  Palladyne AI by 507.2% during the first quarter. Goldman Sachs Group Inc. now owns 115,407 shares of the company's stock valued at $679,000 after purchasing an additional 96,402 shares in the last quarter.  Perigon Wealth Management LLC bought a new stake in  Palladyne AI during the second quarter worth approximately $330,000.  EntryPoint Capital LLC acquired a new stake in shares of  Palladyne AI during the first quarter worth $673,000.  Vontobel Holding Ltd. acquired a new stake in  Palladyne AI during the 2nd quarter worth about $130,000.  Finally, PNC Financial Services Group Inc. acquired a new stake in shares of  Palladyne AI during the first quarter valued at approximately $35,000. 26.02% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Palladyne AI Company Profile</h2> (Get Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Palladyne AI</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves</li><li>What Are the U.K. Market Holidays? How to Invest and Trade</li><li>12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming</li><li>3 Defense Stocks Set to Benefit From Increased Military Spending</li><li>Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UERZTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UERZTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Palladyne AI Right Now?</h2><p>Before you consider Palladyne AI, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palladyne AI wasn't on the list.</p><p>While Palladyne AI currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PDYN

<p>Palladyne AI's CFO, Trevor Thatcher, sold 2,648 shares for $13,531.28, reducing his stake by 1.58%. Post-sale, he owns 164,937 shares valued at $842,828.07. The sale was disclosed in an SEC filing. Palladyne AI's stock traded at $5.16, with a market cap of $216.46 million. Analysts have mixed ratings, with a consensus "Hold" and a target price of $11.50. Institutional investors hold 26.02% of the stock.</p>

Palladyne AI (NASDAQ:PDYN) CFO Sells $13,531.28 in Stock