Palladyne AI Corp. (NASDAQ:PDYN – Get Free Report) Director Dennis M. Weibling purchased 37,921 shares of the stock in a transaction that occurred on Friday, May 17th. The shares were purchased at an average price of $1.50 per share, with a total value of $56,881.50. Following the completion of the acquisition, the director now directly owns 98,710 shares in the company, valued at $148,065. The purchase was disclosed in a filing with the SEC, which is available through this link.
Palladyne AI Stock Up 4.2 %
NASDAQ:PDYN opened at $2.00 on Thursday. Palladyne AI Corp. has a 52 week low of $0.40 and a 52 week high of $3.25.
Palladyne AI (NASDAQ:PDYN – Get Free Report) last posted 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 company had revenue of $0.75 million during the quarter.
About Palladyne AI
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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