Pagaya Technologies Ltd. (NASDAQ:PGY - Get Free Report) insider Yahav Yulzari sold 5,144 shares of the stock in a transaction on Monday, June 16th. The stock was sold at an average price of $19.02, for a total value of $97,838.88. Following the sale, the insider now owns 4,153,550 shares in the company, valued at $79,000,521. The trade was a 0.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Yahav Yulzari also recently made the following trade(s):
- On Thursday, June 12th, Yahav Yulzari sold 48,981 shares of Pagaya Technologies stock. The stock was sold at an average price of $19.05, for a total value of $933,088.05.
- On Monday, May 12th, Yahav Yulzari sold 238,004 shares of Pagaya Technologies stock. The shares were sold at an average price of $15.16, for a total transaction of $3,608,140.64.
Pagaya Technologies Stock Up 4.1%
Shares of NASDAQ:PGY traded up $0.73 during midday trading on Monday, reaching $18.67. 2,244,571 shares of the company were exchanged, compared to its average volume of 1,961,475. The firm has a market cap of $1.41 billion, a PE ratio of -3.39 and a beta of 5.93. Pagaya Technologies Ltd. has a fifty-two week low of $8.20 and a fifty-two week high of $19.20. The stock has a fifty day simple moving average of $13.45 and a two-hundred day simple moving average of $11.64. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.82.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on PGY shares. Benchmark restated a "buy" rating and issued a $25.00 price objective on shares of Pagaya Technologies in a report on Monday, March 17th. Stephens started coverage on Pagaya Technologies in a research note on Thursday. They issued an "overweight" rating and a $22.00 target price on the stock. Finally, B. Riley restated a "buy" rating and set a $36.00 target price on shares of Pagaya Technologies in a research report on Monday, March 17th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Pagaya Technologies has an average rating of "Moderate Buy" and a consensus target price of $20.75.
View Our Latest Research Report on PGY
Hedge Funds Weigh In On Pagaya Technologies
A number of large investors have recently added to or reduced their stakes in the company. Frontier Capital Management Co. LLC bought a new position in shares of Pagaya Technologies during the fourth quarter worth about $28,070,000. Millennium Management LLC boosted its position in Pagaya Technologies by 320.1% during the 1st quarter. Millennium Management LLC now owns 1,262,413 shares of the company's stock worth $13,230,000 after acquiring an additional 961,944 shares during the last quarter. Point72 Asset Management L.P. grew its stake in shares of Pagaya Technologies by 284.3% during the 4th quarter. Point72 Asset Management L.P. now owns 1,198,398 shares of the company's stock worth $11,133,000 after acquiring an additional 886,539 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of Pagaya Technologies by 359.6% in the fourth quarter. Two Sigma Investments LP now owns 826,119 shares of the company's stock worth $7,675,000 after purchasing an additional 646,357 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Pagaya Technologies during the first quarter worth $6,465,000. Institutional investors own 57.14% of the company's stock.
Pagaya Technologies Company Profile
(
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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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