Pagaya Technologies Ltd. (NASDAQ:PGY) Insider Yahav Yulzari Sells 5,144 Shares

Pagaya Technologies Ltd. (NASDAQ:PGY) insider Yahav Yulzari sold 5,144 shares of the business’s stock in a transaction dated 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 approximately $79,000,521. This trade represents a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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 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 PGY stock opened at $18.67 on Tuesday. The firm has a 50 day moving average of $13.65 and a 200-day moving average of $11.69. The company has a market cap of $1.41 billion, a price-to-earnings ratio of -3.39 and a beta of 5.93. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.82. Pagaya Technologies Ltd. has a 52 week low of $8.20 and a 52 week high of $19.20.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Benchmark restated a “buy” rating and set a $25.00 price target on shares of Pagaya Technologies in a report on Monday, March 17th. Stephens assumed coverage on Pagaya Technologies in a report on Thursday, June 12th. They set an “overweight” rating and a $22.00 price target on the stock. Finally, B. Riley restated a “buy” rating and set a $36.00 price target on shares of Pagaya Technologies in a report on Monday, March 17th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $20.75.

Institutional Trading of Pagaya Technologies

Hedge funds have recently modified their holdings of the stock. Virtus Advisers LLC bought a new stake in shares of Pagaya Technologies in the 1st quarter valued at $35,000. GAMMA Investing LLC increased its stake in shares of Pagaya Technologies by 5,431.3% in the 1st quarter. GAMMA Investing LLC now owns 4,425 shares of the company’s stock valued at $46,000 after acquiring an additional 4,345 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Pagaya Technologies in the 4th quarter valued at $43,000. KLP Kapitalforvaltning AS bought a new stake in shares of Pagaya Technologies in the 4th quarter valued at $67,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Pagaya Technologies in the 4th quarter valued at $93,000. Institutional investors own 57.14% of the company’s stock.

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.