Edgestream Partners L.P. Raises Holdings in Pagaya Technologies Ltd. $PGY

Edgestream Partners L.P. lifted its position in shares of Pagaya Technologies Ltd. (NASDAQ:PGY) by 353.2% during the first quarter, Holdings Channel reports. The firm owned 373,771 shares of the company’s stock after acquiring an additional 291,291 shares during the quarter. Edgestream Partners L.P.’s holdings in Pagaya Technologies were worth $4,354,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Pagaya Technologies in the 4th quarter valued at about $27,000. Aster Capital Management DIFC Ltd grew its stake in Pagaya Technologies by 351.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,392 shares of the company’s stock worth $29,000 after buying an additional 1,084 shares during the last quarter. Transamerica Financial Advisors LLC acquired a new position in Pagaya Technologies during the fourth quarter worth approximately $30,000. Quarry LP increased its position in Pagaya Technologies by 330.8% during the fourth quarter. Quarry LP now owns 1,663 shares of the company’s stock worth $35,000 after buying an additional 1,277 shares during the period. Finally, Empowered Funds LLC purchased a new stake in Pagaya Technologies in the fourth quarter valued at approximately $52,000. 57.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on PGY shares. B. Riley Financial increased their price objective on Pagaya Technologies from $32.00 to $36.00 and gave the company a “buy” rating in a report on Friday. Zacks Research cut shares of Pagaya Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Texas Capital raised shares of Pagaya Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Weiss Ratings upgraded shares of Pagaya Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Finally, Citizens Jmp increased their price target on shares of Pagaya Technologies from $22.00 to $25.00 and gave the stock a “market outperform” rating in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $32.43.

Insider Buying and Selling

In other Pagaya Technologies news, Director Tami Rosen sold 9,944 shares of the business’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $15.20, for a total value of $151,148.80. Following the transaction, the director directly owned 37,544 shares of the company’s stock, valued at approximately $570,668.80. The trade was a 20.94% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Sanjiv Das sold 14,000 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $15.83, for a total transaction of $221,620.00. Following the transaction, the president owned 165,475 shares of the company’s stock, valued at approximately $2,619,469.25. The trade was a 7.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 58,090 shares of company stock worth $923,764 in the last ninety days. Insiders own 41.99% of the company’s stock.

Trending Headlines about Pagaya Technologies

Here are the key news stories impacting Pagaya Technologies this week:

• Positive Sentiment: Strong Q2 earnings beat: Pagaya reported adjusted earnings of $1.07 per share, well above the $0.32 consensus estimate, while revenue rose 15.1% year over year to $387.0 million, exceeding expectations of $356.5 million. Pagaya Technologies Q2 2026 earnings report
• Positive Sentiment: Profitability and volume momentum: Management highlighted record net income and record network volume. Pagaya is processing more loans and products through its AI-powered lending network; although revenue earned per dollar declined, the greater scale produced sharply higher profits. Pagaya Is Processing More Loans, Earning Less per Dollar, and Making More Money
• Positive Sentiment: Higher full-year net-income outlook: Pagaya raised its full-year 2026 net-income guidance, signaling confidence that operating leverage and increased platform activity can continue improving results. The company’s earnings call also emphasized stronger partner adoption and broader product usage. Pagaya Reports Second Quarter 2026 Results and Raises Full-Year Net Income Guidance
• Positive Sentiment: Analyst price-target increases: B. Riley and Canaccord Genuity raised their targets to $36 and maintained “buy” ratings. Citizens JMP lifted its target to $25 and retained a “market outperform” rating, reinforcing bullish sentiment following the results. Pagaya Technologies analyst price-target updates
• Neutral Sentiment: Growth remains dependent on scale: Management’s results suggest Pagaya can expand profits despite lower take rates, but investors will monitor whether rising loan volume and product adoption translate into sustainable revenue growth and cash generation. Pagaya Technologies Q2 2026 earnings call transcript
• Negative Sentiment: Revenue guidance was below expectations: Pagaya forecast third-quarter revenue of $370 million to $390 million, below the $396.4 million consensus estimate, and narrowed full-year 2026 revenue guidance to $1.4 billion-$1.5 billion versus expectations near $1.5 billion. This could limit upside if profitability improvements do not offset slower revenue growth. Pagaya Technologies Q2 adjusted earnings and revenue

Pagaya Technologies Trading Up 9.2%

Shares of PGY stock opened at $19.27 on Friday. The company has a market capitalization of $1.60 billion, a P/E ratio of 14.17 and a beta of 5.32. The company has a current ratio of 12.09, a quick ratio of 12.09 and a debt-to-equity ratio of 1.25. The business’s 50 day moving average is $16.23 and its two-hundred day moving average is $15.02. Pagaya Technologies Ltd. has a twelve month low of $10.40 and a twelve month high of $44.99.

Pagaya Technologies (NASDAQ:PGY) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.20 by $0.53. Pagaya Technologies had a return on equity of 53.51% and a net margin of 9.12%.The business had revenue of $317.94 million during the quarter, compared to analysts’ expectations of $323.85 million. During the same quarter in the prior year, the business earned $0.10 earnings per share. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. Equities analysts forecast that Pagaya Technologies Ltd. will post 2.92 EPS for the current year.

About Pagaya Technologies

Pagaya Technologies is a financial technology company that applies artificial intelligence and machine learning to the credit and asset management industries. Through its proprietary data-driven platform, Pagaya analyzes vast datasets from consumer credit portfolios to build predictive risk models, enabling institutional investors to gain access to alternative credit products. The company’s solutions streamline underwriting, optimize portfolio construction and facilitate the efficient securitization of consumer loans, credit card receivables and other asset classes.

Founded in 2016 and headquartered in New York, Pagaya has expanded its operations to serve financial institutions and asset managers primarily in the United States.