Pagaya Technologies Ltd. (NASDAQ:PGY - Get Free Report) insider Yahav Yulzari sold 52,867 shares of the stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $20.24, for a total value of $1,070,028.08. Following the transaction, the insider now owns 4,087,724 shares of the company's stock, valued at approximately $82,735,533.76. This trade represents a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Yahav Yulzari also recently made the following trade(s):
- On Tuesday, June 24th, Yahav Yulzari sold 241,160 shares of Pagaya Technologies stock. The shares were sold at an average price of $19.65, for a total transaction of $4,738,794.00.
- On Friday, June 20th, Yahav Yulzari sold 8,259 shares of Pagaya Technologies stock. The stock was sold at an average price of $19.04, for a total transaction of $157,251.36.
- On Wednesday, June 18th, Yahav Yulzari sold 4,700 shares of Pagaya Technologies stock. The shares were sold at an average price of $19.00, for a total transaction of $89,300.00.
- On Monday, June 16th, Yahav Yulzari sold 5,144 shares of Pagaya Technologies stock. The stock was sold at an average price of $19.02, for a total value of $97,838.88.
- On Thursday, June 12th, Yahav Yulzari sold 48,981 shares of Pagaya Technologies stock. The shares were 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 stock was sold at an average price of $15.16, for a total value of $3,608,140.64.
Pagaya Technologies Stock Performance
Shares of Pagaya Technologies stock traded up $0.33 during trading on Thursday, hitting $19.51. 1,949,727 shares of the stock were exchanged, compared to its average volume of 1,985,239. The stock has a market cap of $1.48 billion, a PE ratio of -3.85 and a beta of 5.93. The stock's fifty day moving average is $14.94 and its 200 day moving average is $12.09. Pagaya Technologies Ltd. has a 12 month low of $8.20 and a 12 month high of $20.60. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.79 and a current ratio of 1.79.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Rhumbline Advisers raised its holdings in shares of Pagaya Technologies by 14.7% during the fourth quarter. Rhumbline Advisers now owns 75,620 shares of the company's stock valued at $703,000 after buying an additional 9,674 shares during the last quarter. IFP Advisors Inc grew its holdings in Pagaya Technologies by 80.7% in the 4th quarter. IFP Advisors Inc now owns 13,265 shares of the company's stock worth $123,000 after buying an additional 5,925 shares in the last quarter. Arizona State Retirement System increased its position in Pagaya Technologies by 10.9% in the 4th quarter. Arizona State Retirement System now owns 11,154 shares of the company's stock valued at $104,000 after acquiring an additional 1,092 shares during the period. Swiss National Bank increased its position in Pagaya Technologies by 8.9% in the 4th quarter. Swiss National Bank now owns 75,583 shares of the company's stock valued at $702,000 after acquiring an additional 6,200 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in Pagaya Technologies by 21.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 22,828 shares of the company's stock valued at $212,000 after acquiring an additional 3,965 shares in the last quarter. Institutional investors own 57.14% of the company's stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Stephens initiated coverage on Pagaya Technologies in a research report on Thursday, June 12th. They set an "overweight" rating and a $22.00 price target on the stock. Benchmark reissued a "buy" rating and set a $25.00 target price on shares of Pagaya Technologies in a report on Monday, March 17th. JMP Securities reaffirmed a "market outperform" rating and issued a $26.00 price target on shares of Pagaya Technologies in a report on Tuesday. Finally, B. Riley reiterated a "buy" rating and set a $36.00 price objective on shares of Pagaya Technologies in a research note on Monday, March 17th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $20.50.
Check Out Our Latest Stock Report on PGY
About Pagaya Technologies
(
Get Free Report)
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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