Pagaya Technologies Ltd. (NASDAQ:PGY - Get Free Report) insider Yahav Yulzari sold 48,981 shares of Pagaya Technologies stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $19.05, for a total value of $933,088.05. Following the sale, the insider now directly owns 4,158,694 shares of the company's stock, valued at approximately $79,223,120.70. This trade represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Yahav Yulzari also recently made the following trade(s):
- 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 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 transaction of $3,608,140.64.
Pagaya Technologies Stock Up 4.1%
PGY traded up $0.73 during trading on Monday, hitting $18.67. The stock had a trading volume of 2,244,571 shares, compared to its average volume of 1,961,475. The stock has a 50 day simple moving average of $13.45 and a two-hundred day simple moving average of $11.64. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.17 and a current ratio of 1.17. Pagaya Technologies Ltd. has a twelve month low of $8.20 and a twelve month high of $19.20. The company has a market capitalization of $1.41 billion, a PE ratio of -3.39 and a beta of 5.93.
Institutional Trading of Pagaya Technologies
Several hedge funds and other institutional investors have recently made changes to their positions in PGY. Rhumbline Advisers increased its position in Pagaya Technologies by 14.7% during the 4th quarter. Rhumbline Advisers now owns 75,620 shares of the company's stock valued at $703,000 after buying an additional 9,674 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Pagaya Technologies by 80.7% during the fourth quarter. IFP Advisors Inc now owns 13,265 shares of the company's stock valued at $123,000 after acquiring an additional 5,925 shares in the last quarter. Arizona State Retirement System raised its position in shares of 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 purchasing an additional 1,092 shares during the last quarter. Swiss National Bank boosted its stake in Pagaya Technologies by 8.9% in the 4th quarter. Swiss National Bank now owns 75,583 shares of the company's stock worth $702,000 after purchasing an additional 6,200 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Pagaya Technologies by 21.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 22,828 shares of the company's stock worth $212,000 after purchasing an additional 3,965 shares during the last quarter. Hedge funds and other institutional investors own 57.14% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. Stephens assumed coverage on shares of Pagaya Technologies in a research report on Thursday. They issued an "overweight" rating and a $22.00 price target for the company. Benchmark restated a "buy" rating and set a $25.00 target price on shares of Pagaya Technologies in a report on Monday, March 17th. Finally, B. Riley reaffirmed a "buy" rating and set a $36.00 target price on shares of Pagaya Technologies in a research report on Monday, March 17th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $20.75.
View Our Latest Stock Report on Pagaya Technologies
Pagaya Technologies Company Profile
(
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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