Pagaya Technologies Ltd. (NASDAQ:PGY – Get Free Report) Director Tami Rosen sold 28,181 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $21.98, for a total transaction of $619,418.38. Following the sale, the director owned 16,665 shares in the company, valued at $366,296.70. This represents a 62.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Tami Rosen also recently made the following trade(s):
- 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.
- On Friday, June 12th, Tami Rosen sold 5,681 shares of Pagaya Technologies stock. The stock was sold at an average price of $16.23, for a total value of $92,202.63.
Pagaya Technologies Trading Down 1.4%
Shares of PGY stock opened at $21.92 on Wednesday. The stock’s fifty day moving average price is $16.59 and its two-hundred day moving average price is $14.93. The company has a market cap of $1.82 billion, a PE ratio of 16.12 and a beta of 5.33. Pagaya Technologies Ltd. has a fifty-two week low of $10.40 and a fifty-two week high of $44.99. The company has a debt-to-equity ratio of 1.12, a quick ratio of 11.08 and a current ratio of 11.08.
Pagaya Technologies News Roundup
Here are the key news stories impacting Pagaya Technologies this week:
- Positive Sentiment: Strong second-quarter results and higher outlook: Pagaya reportedly exceeded earnings expectations, delivered record revenue and network volume, and raised its 2026 guidance. The results highlight continued momentum in its AI-powered lending network and funding platform. PGY Gains as Q2 Earnings Beat on Record Revenues, 2026 View Raised
- Positive Sentiment: Record first-half performance: Coverage emphasized record first-half 2026 lending volume, revenue growth and improved profitability, suggesting that Pagaya’s AI lending ecosystem is gaining scale. Pagaya Delivers Stellar 1H 2026 Results: Here’s What Drove it
- Positive Sentiment: Price-target support: Pagaya’s price target was raised to $36, providing a bullish valuation signal and implying further potential upside from recent trading levels. Pagaya Technologies Price Target Raised to $36.00
- Positive Sentiment: New securitization financing: KBRA assigned preliminary ratings to 10 classes of notes in Pagaya AI Debt Trust transactions. Initial credit enhancement ranged from 63.60% for the senior Class A notes to 8.45% for Class F, supporting Pagaya’s ability to access consumer-loan funding markets. KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust 2026-R3
- Neutral Sentiment: Elevated call-option activity: Investors purchased approximately 5,820 call options, about 31% above typical volume. This indicates increased speculative bullish interest, although options activity alone does not confirm a sustained move.
- Negative Sentiment: Executive and director selling: President Sanjiv Das sold 21,289 shares, while Director Tami Rosen sold 28,181 shares. The transactions reduced their holdings by approximately 12.9% and 62.8%, respectively, potentially creating near-term pressure and raising investor caution. Pagaya President Form 4 Filing
Hedge Funds Weigh In On Pagaya Technologies
A number of institutional investors and hedge funds have recently bought and sold shares of PGY. AQR Capital Management LLC boosted its stake in shares of Pagaya Technologies by 2,722.3% during the first quarter. AQR Capital Management LLC now owns 305,710 shares of the company’s stock valued at $3,204,000 after purchasing an additional 294,878 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Pagaya Technologies by 11.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,288 shares of the company’s stock valued at $653,000 after buying an additional 6,365 shares during the period. Millennium Management LLC raised its holdings in Pagaya Technologies by 320.1% in the 1st quarter. Millennium Management LLC now owns 1,262,413 shares of the company’s stock valued at $13,230,000 after buying an additional 961,944 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Pagaya Technologies by 26.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,705,245 shares of the company’s stock valued at $17,871,000 after buying an additional 359,099 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in Pagaya Technologies by 19.0% during the 2nd quarter. Legal & General Group Plc now owns 34,909 shares of the company’s stock worth $744,000 after buying an additional 5,580 shares during the period. Institutional investors and hedge funds own 57.14% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have commented on PGY shares. Zacks Research downgraded Pagaya Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Texas Capital upgraded shares of Pagaya Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. B. Riley Financial lifted their price target on shares of Pagaya Technologies from $32.00 to $36.00 and gave the company a “buy” rating in a report on Friday, July 31st. Canaccord Genuity Group upped their price objective on shares of Pagaya Technologies from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings raised shares of Pagaya Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $32.43.
Check Out Our Latest Report on Pagaya Technologies
Pagaya Technologies Company Profile
Pagaya Technologies is a financial technology company that applies artificial intelligence and machine learning to the credit and asset management industries. Through its proprietary data-driven platform, Pagaya analyzes vast datasets from consumer credit portfolios to build predictive risk models, enabling institutional investors to gain access to alternative credit products. The company’s solutions streamline underwriting, optimize portfolio construction and facilitate the efficient securitization of consumer loans, credit card receivables and other asset classes.
Founded in 2016 and headquartered in New York, Pagaya has expanded its operations to serve financial institutions and asset managers primarily in the United States.
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