Insider Selling: Palladyne AI (NASDAQ:PDYN) CFO Sells $28,557.76 in Stock

Posted by George Bondi on Aug 21st, 2026

Palladyne AI Corp. (NASDAQ:PDYN – Get Free Report) CFO Trevor Thatcher sold 4,636 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $6.16, for a total transaction of $28,557.76. Following the completion of the sale, the chief financial officer owned 319,602 shares in the company, valued at $1,968,748.32. This represents a 1.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Palladyne AI Trading Up 0.5%

NASDAQ:PDYN traded up $0.03 during trading hours on Friday, reaching $6.13. The company had a trading volume of 811,264 shares, compared to its average volume of 929,405. The firm has a market cap of $302.45 million, a price-to-earnings ratio of -9.01 and a beta of 3.65. The firm’s 50 day moving average price is $5.81 and its 200-day moving average price is $6.45. Palladyne AI Corp. has a 52 week low of $4.14 and a 52 week high of $10.73.

Palladyne AI (NASDAQ:PDYN – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.04). The firm had revenue of $5.78 million for the quarter, compared to the consensus estimate of $5.80 million. Palladyne AI had a negative net margin of 254.75% and a negative return on equity of 53.29%. On average, analysts forecast that Palladyne AI Corp. will post -0.95 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Palladyne AI

Institutional investors and hedge funds have recently modified their holdings of the stock. Symphony Financial Ltd. Co. bought a new stake in shares of Palladyne AI in the second quarter worth about $184,000. Headlands Technologies LLC bought a new stake in Palladyne AI in the second quarter worth $123,000. Key Client Fiduciary Advisors LLC bought a new stake in Palladyne AI in the second quarter worth $64,000. Arkadios Wealth Advisors purchased a new stake in Palladyne AI during the first quarter valued at $375,000. Finally, Royal Bank of Canada raised its stake in Palladyne AI by 14.6% during the first quarter. Royal Bank of Canada now owns 90,825 shares of the company’s stock valued at $551,000 after purchasing an additional 11,565 shares in the last quarter. Institutional investors own 26.02% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Palladyne AI in a research note on Monday, August 3rd. Northland Securities set a $15.00 target price on shares of Palladyne AI in a report on Monday, June 8th. Alliance Global Partners restated a “buy” rating on shares of Palladyne AI in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group raised shares of Palladyne AI to a “hold” rating in a report on Wednesday, June 10th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.00.

Read Our Latest Stock Report on PDYN

About Palladyne AI

(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.