Key Points
- Director Tami Rosen sold 7,121 Pagaya shares at an average price of $20.21, worth $143,915.41. The sale reduced her holdings by 22.95% and was made to cover tax withholding on vested equity awards.
- Pagaya shares opened at $21.04, with a market capitalization of approximately $1.76 billion and a high beta of 5.35, highlighting the stock’s significant volatility. The shares have traded between $10.40 and $44.99 over the past year.
- Analysts remain broadly positive, assigning the stock an average “Buy” rating and a consensus price target of $31.25. The company’s AI lending platform is reportedly gaining scale, while institutional ownership stands at 57.14%.
Pagaya Technologies Ltd. (NASDAQ:PGY - Get Free Report) Director Tami Rosen sold 7,121 shares of the company's stock in a transaction that occurred on Saturday, September 12th. The stock was sold at an average price of $20.21, for a total value of $143,915.41. Following the completion of the transaction, the director owned 23,904 shares of the company's stock, valued at approximately $483,099.84. This represents a 22.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Tami Rosen also recently made the following trade(s):
- On Thursday, September 3rd, Tami Rosen sold 1,265 shares of Pagaya Technologies stock. The shares were sold at an average price of $23.07, for a total transaction of $29,183.55.
- On Monday, August 3rd, Tami Rosen sold 28,181 shares of Pagaya Technologies stock. The stock was sold at an average price of $21.98, for a total transaction of $619,418.38.
- On Monday, June 22nd, Tami Rosen sold 9,944 shares of Pagaya Technologies stock. The shares were sold at an average price of $15.20, for a total transaction of $151,148.80.
Pagaya Technologies Price Performance
Shares of PGY stock opened at $21.04 on Wednesday. The firm has a fifty day simple moving average of $20.04 and a 200-day simple moving average of $15.89. The company has a market capitalization of $1.76 billion, a PE ratio of 15.47 and a beta of 5.35. Pagaya Technologies Ltd. has a twelve month low of $10.40 and a twelve month high of $44.99. The company has a current ratio of 11.08, a quick ratio of 11.08 and a debt-to-equity ratio of 1.12.
More Pagaya Technologies News
Here are the key news stories impacting Pagaya Technologies this week:
- Positive Sentiment: Pagaya’s AI-driven lending platform is reportedly gaining scale, supported by record network volume, continued growth in its auto business and expanded funding capacity. These trends are expected to support profitability and the company’s outlook. Pagaya's AI Lending Flywheel Gains Speed: What's Next for PGY?
- Neutral Sentiment: Analyst coverage compares Pagaya with Enova International in the technology-enabled lending sector. Both companies face high borrowing costs, cautious lending standards and resilient credit demand, but their differing business models make the comparison more useful for evaluating relative risk and growth than as a direct company-specific catalyst. PGY vs. ENVA: Which Technology-Driven Lending Stock Is the Better Buy?
- Negative Sentiment: PGY underperformed the broader market in the latest session, indicating continued short-term volatility and market-related pressure rather than a clearly identified new fundamental problem. Pagaya Technologies Falls More Steeply Than Broader Market
- Negative Sentiment: President Sanjiv Das sold 13,301 shares and Director Tami Rosen sold 7,121 shares at an average price of $20.21. Both filings state the transactions were intended to cover tax-withholding obligations from vested equity awards, which makes them less concerning than discretionary sales but still adds an insider-selling signal for investors. Pagaya Technologies President Insider Filing
Institutional Trading of Pagaya Technologies
Several institutional investors have recently added to or reduced their stakes in PGY. Tidal Investments LLC boosted its stake in Pagaya Technologies by 60.7% during the 2nd quarter. Tidal Investments LLC now owns 78,221 shares of the company's stock valued at $1,428,000 after acquiring an additional 29,533 shares during the last quarter. WINTON GROUP Ltd bought a new stake in shares of Pagaya Technologies in the 2nd quarter worth about $391,000. Engineers Gate Manager LP raised its stake in shares of Pagaya Technologies by 158.5% in the 2nd quarter. Engineers Gate Manager LP now owns 130,172 shares of the company's stock valued at $2,376,000 after purchasing an additional 79,810 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Pagaya Technologies in the 2nd quarter valued at about $37,000. Finally, Squarepoint Ops LLC lifted its position in shares of Pagaya Technologies by 614.7% during the second quarter. Squarepoint Ops LLC now owns 252,036 shares of the company's stock worth $4,600,000 after purchasing an additional 216,770 shares during the last quarter. 57.14% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the company. Citizens Jmp raised their target price on Pagaya Technologies from $22.00 to $25.00 and gave the company a "market outperform" rating in a research note on Friday, July 31st. Jefferies Financial Group boosted their price target on Pagaya Technologies from $23.00 to $27.00 and gave the stock a "buy" rating in a research note on Tuesday, August 18th. TD Cowen assumed coverage on Pagaya Technologies in a report on Thursday, September 3rd. They issued a "buy" rating and a $26.00 price target for the company. Zacks Research upgraded Pagaya Technologies from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Finally, B. Riley Financial raised their price objective on Pagaya Technologies from $32.00 to $36.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $31.25.
Read Our Latest Stock Report on Pagaya Technologies
About Pagaya Technologies
(
Get Free Report)
Pagaya Technologies Ltd. is a financial technology company that uses artificial intelligence and data analytics to facilitate access to credit and investment opportunities. Its technology platform evaluates loan and other credit-related assets, helping financial institutions make lending decisions and connect assets with institutional funding sources.
The company's Pagaya Network is designed to integrate with banks, fintech companies and other originators. Through the network, Pagaya analyzes consumer credit, personal loan, auto loan and real estate-related assets, among other products, and helps distribute qualifying assets to institutional investors through structured financial vehicles.
Pagaya was founded in 2016 and is headquartered in New York, with roots in Israel.
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