Insider Selling: Palladyne AI (NASDAQ:PDYN) Insider Sells 5,245 Shares of Stock

Posted by Geri Gentry on May 21st, 2026

Palladyne AI Corp. (NASDAQ:PDYN – Get Free Report) insider Stephen Sonne sold 5,245 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $6.14, for a total transaction of $32,204.30. Following the sale, the insider directly owned 197,490 shares in the company, valued at approximately $1,212,588.60. This trade represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Stephen Sonne also recently made the following trade(s):

On Thursday, March 12th, Stephen Sonne sold 6,802 shares of Palladyne AI stock. The shares were sold at an average price of $7.55, for a total value of $51,355.10.

Palladyne AI Stock Performance

NASDAQ:PDYN traded up $0.24 during trading hours on Thursday, hitting $6.21. 1,023,359 shares of the company’s stock traded hands, compared to its average volume of 1,328,346. The stock’s fifty day moving average price is $6.41 and its two-hundred day moving average price is $6.27. The firm has a market cap of $288.70 million, a P/E ratio of -10.18 and a beta of 3.52. Palladyne AI Corp. has a twelve month low of $4.14 and a twelve month high of $13.00.

Palladyne AI (NASDAQ:PDYN – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). Palladyne AI had a negative return on equity of 49.17% and a negative net margin of 358.04%.The business had revenue of $3.54 million for the quarter, compared to analyst estimates of $4.93 million. On average, equities research analysts predict that Palladyne AI Corp. will post -0.87 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Zacks Research upgraded Palladyne AI to a “hold” rating in a research report on Wednesday, April 8th. Lake Street Capital started coverage on Palladyne AI in a research report on Friday, April 17th. They set a “buy” rating and a $11.00 price objective for the company. Northland Securities assumed coverage on Palladyne AI in a report on Wednesday, April 1st. They set an “outperform” rating and a $10.00 price objective for the company. Weiss Ratings downgraded Palladyne AI from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $7.00 target price on shares of Palladyne AI in a research note on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $9.33.

Get Our Latest Report on Palladyne AI

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP purchased a new position in Palladyne AI in the third quarter valued at about $28,000. Osaic Holdings Inc. increased its position in Palladyne AI by 94.3% during the second quarter. Osaic Holdings Inc. now owns 5,098 shares of the company’s stock worth $44,000 after buying an additional 2,474 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Palladyne AI during the third quarter worth $61,000. Virtu Financial LLC acquired a new position in Palladyne AI during the third quarter worth $86,000. Finally, Boothbay Fund Management LLC acquired a new position in Palladyne AI during the fourth quarter worth $44,000. Hedge funds and other institutional investors own 26.02% of the company’s stock.

Palladyne AI Company Profile

(Get Free Report)

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. The company's software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training.