In the last trading session, 1.32 million Palladyne AI Corp (NASDAQ:PDYN) shares changed hands as the company’s beta touched 3.49. With the company’s per share price at $5.47 changed hands at -$0.14 or -2.50% during last session, the market valuation stood at $192.65M. PDYN’s last price was a discount, traded about -173.31% off its 52-week high of $14.95. The share price had its 52-week low at $1.26, which suggests the last value was 76.97% up since then. When we look at Palladyne AI Corp’s average trading volume, we note the 10-day average is 1.15 million shares, with the 3-month average coming to 4.34 million.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Instantly PDYN was in red as seen at the end of in last trading. With action -6.97%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -55.42%, with the 5-day performance at -6.97% in the red. However, in the 30-day time frame, Palladyne AI Corp (NASDAQ:PDYN) is -17.74% down. Looking at the short shares, we see there were 3.21 million shares sold at short interest cover period of 1.05 days.
Palladyne AI Corp (PDYN) estimates and forecasts
Year-over-year growth is forecast to reach -21.46% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.36M. 1 analysts are of the opinion that Palladyne AI Corp’s revenue for the current quarter will be 1.43M.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.09%. The 2025 estimates are for Palladyne AI Corp earnings to decrease by -125.45%.
PDYN Dividends
Palladyne AI Corp is expected to release its next quarterly earnings report on 2025-Feb-19.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 29.66% of Palladyne AI Corp shares while 12.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 18.15%. There are 12.76% institutions holding the Palladyne AI Corp stock share, with LODESTAR PRIVATE ASSET MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 0.0494% of the shares, roughly 13143.0 PDYN shares worth $21029.0.
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.0001% or 16.0 shares worth $26.0 as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were BlackRock Funds V-BlackRock Strategic Income Opportunities Portfolio and Blackrock Global Allocation Fund, Inc. . With 927.71 shares estimated at $5.07 million under it, the former controlled 2.63% of total outstanding shares. On the other hand, Blackrock Global Allocation Fund, Inc. held about 1.76% of the shares, roughly 620.78 shares worth around $3.4 million.
