Cwm LLC Has $117,000 Stock Holdings in Pagaya Technologies Ltd. (NASDAQ:PGY)

Cwm LLC boosted its position in shares of Pagaya Technologies Ltd. (NASDAQ:PGY) by 79,828.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,190 shares of the company’s stock after buying an additional 11,176 shares during the quarter. Cwm LLC’s holdings in Pagaya Technologies were worth $117,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd acquired a new position in Pagaya Technologies during the 4th quarter worth $43,000. GAMMA Investing LLC lifted its stake in shares of Pagaya Technologies by 5,431.3% in the 1st quarter. GAMMA Investing LLC now owns 4,425 shares of the company’s stock valued at $46,000 after purchasing an additional 4,345 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Pagaya Technologies in the 4th quarter valued at $67,000. Jefferies Financial Group Inc. acquired a new position in shares of Pagaya Technologies in the 4th quarter valued at $93,000. Finally, ProShare Advisors LLC acquired a new position in shares of Pagaya Technologies in the 4th quarter valued at $94,000. Institutional investors and hedge funds own 57.14% of the company’s stock.

Pagaya Technologies Price Performance

PGY opened at $29.08 on Wednesday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.82. Pagaya Technologies Ltd. has a 12 month low of $8.20 and a 12 month high of $34.29. The company has a fifty day simple moving average of $21.45 and a 200 day simple moving average of $14.81. The stock has a market cap of $2.20 billion, a P/E ratio of -5.74 and a beta of 5.93.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on PGY shares. Oppenheimer increased their price target on Pagaya Technologies from $16.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, July 2nd. Citigroup increased their price target on Pagaya Technologies from $16.50 to $40.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Keefe, Bruyette & Woods increased their price target on Pagaya Technologies from $23.00 to $27.00 and gave the company an “outperform” rating in a research note on Wednesday, July 9th. JMP Securities reissued a “market outperform” rating and issued a $26.00 price target on shares of Pagaya Technologies in a research note on Tuesday, June 24th. Finally, Benchmark upped their price objective on shares of Pagaya Technologies from $25.00 to $42.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $26.70.

Insider Transactions at Pagaya Technologies

In other Pagaya Technologies news, Director Dan Petrozzo sold 8,484 shares of Pagaya Technologies stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $30.15, for a total value of $255,792.60. Following the sale, the director owned 96,278 shares of the company’s stock, valued at $2,902,781.70. This trade represents a 8.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Tami Rosen sold 13,821 shares of Pagaya Technologies stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $21.85, for a total value of $301,988.85. Following the completion of the sale, the insider directly owned 35,619 shares in the company, valued at $778,275.15. This represents a 27.96% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,353,907 shares of company stock worth $24,585,322. 47.59% of the stock is currently owned by company insiders.

Pagaya Technologies Company Profile

Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial institutions and investors in the United States, Israel, the Cayman Islands, and internationally. The company develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets.