During the last session, Palladyne AI Corp (NASDAQ:PDYN)’s traded shares were 0.5 million, with the beta value of the company hitting 3.64. At the end of the trading day, the stock’s price was $5.72, reflecting an intraday loss of -1.38% or -$0.08. The 52-week high for the PDYN share is $14.95, that puts it down -161.36 from that peak though still a striking 77.97% gain since the share price plummeted to a 52-week low of $1.26. The company’s market capitalization is $201.46M, and the average intraday trading volume over the past 10 days was 0.83 million shares, and the average trade volume was 3.56 million shares over the past three months.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Palladyne AI Corp (PDYN) registered a -1.38% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.38% in intraday trading to $5.72, hitting a weekly high. The stock’s 5-day price performance is -2.56%, and it has moved by -26.38% in 30 days. Based on these gigs, the overall price performance for the year is 253.09%. The short interest in Palladyne AI Corp (NASDAQ:PDYN) is 2.38 million shares and it means that shorts have 1.41 day(s) to cover.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.09%. While earnings are projected to return -125.45% in 2025.
PDYN Dividends
Palladyne AI Corp is due to release its next quarterly earnings on 2025-Feb-19. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
Palladyne AI Corp insiders own 29.62% of total outstanding shares while institutional holders control 12.77%, with the float percentage being 18.15%. DELTA AIR LINES, INC. is the largest shareholder of the company, while 68.0 institutions own stock in it. As of 2024-06-30, the company held over 0.38 million shares (or 1.4178% of all shares), a total value of $0.6 million in shares.
The next largest institutional holding, with 0.35 million shares, is of BLACKROCK INC.’s that is approximately 1.3037% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.56 million.
Also, the Mutual Funds coming in first place with the largest holdings of Palladyne AI Corp (PDYN) shares are BlackRock Funds V-BlackRock Strategic Income Opportunities Portfolio and Blackrock Global Allocation Fund, Inc. . Data provided on Dec 31, 2024 indicates that BlackRock Funds V-BlackRock Strategic Income Opportunities Portfolio owns about 927.71 shares. This amounts to just over 2.60 percent of the company’s overall shares, with a $5.31 million market value. The same data shows that the other fund manager holds slightly less at 620.78, or about 1.74% of the stock, which is worth about $3.55 million.
