Dennis M. Weibling Buys 11,729 Shares of Palladyne AI Corp. (NASDAQ:PDYN) Stock

Palladyne AI Corp. (NASDAQ:PDYNGet Free Report) Director Dennis M. Weibling purchased 11,729 shares of the company’s stock in a transaction on Friday, June 7th. The stock was bought at an average cost of $1.75 per share, for a total transaction of $20,525.75. Following the acquisition, the director now directly owns 200,000 shares of the company’s stock, valued at approximately $350,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Palladyne AI Trading Up 0.6 %

NASDAQ PDYN opened at $1.78 on Tuesday. Palladyne AI Corp. has a 1 year low of $0.40 and a 1 year high of $3.25. The firm has a fifty day moving average of $1.65.

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

Palladyne AI Company Profile

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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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