Palladyne AI Corp. (NASDAQ:PDYN) Director Dennis M. Weibling Buys 12,919 Shares

Palladyne AI Corp. (NASDAQ:PDYNGet Free Report) Director Dennis M. Weibling bought 12,919 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were acquired at an average price of $1.67 per share, for a total transaction of $21,574.73. Following the completion of the transaction, the director now directly owns 175,771 shares in the company, valued at approximately $293,537.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Palladyne AI Trading Up 0.6 %

Shares of NASDAQ PDYN opened at $1.77 on Friday. Palladyne AI Corp. has a 1-year low of $0.40 and a 1-year high of $3.25. The stock’s 50 day moving average is $1.65.

Palladyne AI (NASDAQ:PDYNGet Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($0.28) earnings per share for the quarter. The company had revenue of $3.44 million for the quarter. Palladyne AI had a negative net margin of 1,390.02% and a negative return on equity of 74.87%.

About Palladyne AI

(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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