Palladyne AI president & CEO Wolff buys $99,128 in shares By Investing.com

Benjamin G. Wolff, President & CEO and a Director of Palladyne AI Corp. (), acquired 17,121 shares of the company’s common stock on September 8, 2026, for a total value of $99,128.

The shares were purchased at prices ranging from $5.75 to $5.84 per share, with a weighted-average price of $5.7899. The purchase comes as the stock trades at $5.78, down 32% over the past six months despite a 36% year-to-date gain. According to InvestingPro analysis, the stock appears overvalued at current levels, with a Fair Value of $5.04. Investors can access 13 additional InvestingPro Tips for deeper insights into PDYN’s investment potential.

Following this acquisition, Mr. Wolff indirectly holds 400,240 shares through Mare’s Leg Capital, LLC, an entity wholly owned by Mr. Wolff and his spouse Julie Wolff. Additionally, 107,526 shares are held indirectly through MLC Solo 401k Trust FOB Benjamin Wolff, where Mr. Wolff is the sole beneficiary, and he shares voting and dispositive power with his spouse Julie Wolff as trustees. An additional 904 shares are indirectly owned by his spouse.

In other recent news, Palladyne AI Corp reported its second-quarter financial results, showcasing a record revenue of $5.8 million. This figure surpassed Wall Street’s expectations by 25.54% and marked a significant increase of 470% from the same period last year. Despite the impressive revenue growth, the company posted an adjusted earnings per share of -$0.23, which was slightly better than the projected -$0.24. These results highlight the company’s ongoing challenge with widening losses and cash burn. The earnings call transcript did not indicate any immediate changes in analyst ratings. Investors are closely monitoring these developments as they assess Palladyne AI’s financial health. The focus remains on how the company plans to address its financial challenges while maintaining its revenue growth trajectory.

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