In the last trading session, 4.88 million Palladyne AI Corp (NASDAQ:PDYN) shares changed hands as the company’s beta touched 3.79. With the company’s per share price at $12.24 changed hands at -$0.44 or -3.47% during last session, the market valuation stood at $437.13M. PDYN’s last price was a discount, traded about -22.14% off its 52-week high of $14.95. The share price had its 52-week low at $1.38, which suggests the last value was 88.73% up since then. When we look at Palladyne AI Corp’s average trading volume, we note the 10-day average is 4.43 million shares, with the 3-month average coming to 2.63 million.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Instantly PDYN was in red as seen at the end of in last trading. With action 40.69%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 418.64%, with the 5-day performance at 40.69% in the green. However, in the 30-day time frame, Palladyne AI Corp (NASDAQ:PDYN) is 42.66% up. Looking at the short shares, we see there were 3.5 million shares sold at short interest cover period of 1.08 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 1.43M. 1 analysts are of the opinion that Palladyne AI Corp’s revenue for the current quarter will be 1.58M.
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 increase by 175.64%.
PDYN Dividends
Palladyne AI Corp is expected to release its next quarterly earnings report on 2025-May-07.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 29.27% of Palladyne AI Corp shares while 12.35% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 17.47%. There are 12.35% institutions holding the Palladyne AI Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.3262% of the shares, roughly 0.62 million PDYN shares worth $0.99 million.
DELTA AIR LINES, INC. holds the second largest percentage of outstanding shares, with 1.4178% or 0.38 million shares worth $0.6 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were BlackRock Funds V-BlackRock Strategic Income Opportunities Portfolio and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 927.71 shares estimated at $11.36 million under it, the former controlled 2.60% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 1.79% of the shares, roughly 640.21 shares worth around $7.84 million.
