Pagaya Technologies Ltd. (NASDAQ:PGY – Get Free Report) President Sanjiv Das sold 4,783 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $30.20, for a total value of $144,446.60. Following the sale, the president directly owned 100,640 shares of the company’s stock, valued at $3,039,328. The trade was a 4.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Sanjiv Das also recently made the following trade(s):
- On Monday, September 15th, Sanjiv Das sold 13,304 shares of Pagaya Technologies stock. The shares were sold at an average price of $40.62, for a total value of $540,408.48.
- On Thursday, July 17th, Sanjiv Das sold 12,742 shares of Pagaya Technologies stock. The shares were sold at an average price of $25.95, for a total value of $330,654.90.
Pagaya Technologies Stock Performance
Shares of PGY opened at $29.40 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of -7.68 and a beta of 5.86. The stock has a 50 day moving average of $34.43 and a 200 day moving average of $22.59. Pagaya Technologies Ltd. has a 12 month low of $8.20 and a 12 month high of $44.99.
Hedge Funds Weigh In On Pagaya Technologies
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. Benchmark reaffirmed a “buy” rating and set a $48.00 price target on shares of Pagaya Technologies in a research report on Wednesday. Canaccord Genuity Group increased their price objective on Pagaya Technologies from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 11th. B. Riley increased their price objective on Pagaya Technologies from $46.00 to $54.00 and gave the company a “buy” rating in a report on Monday, August 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Pagaya Technologies in a report on Saturday, September 27th. Finally, Oppenheimer increased their price objective on Pagaya Technologies from $16.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. Eight analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $34.33.
Check Out Our Latest Analysis on PGY
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.
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