Pagaya Technologies Ltd. (NASDAQ:PGY - Get Free Report) insider Yahav Yulzari sold 150,000 shares of the business's stock in a transaction on Monday, November 11th. The stock was sold at an average price of $15.50, for a total value of $2,325,000.00. Following the completion of the sale, the insider now directly owns 161,637 shares in the company, valued at $2,505,373.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Yahav Yulzari also recently made the following trade(s):
- On Monday, September 30th, Yahav Yulzari bought 23,600 shares of Pagaya Technologies stock. The shares were acquired at an average price of $10.52 per share, with a total value of $248,272.00.
Pagaya Technologies Trading Down 35.6 %
Shares of Pagaya Technologies stock opened at $10.88 on Wednesday. Pagaya Technologies Ltd. has a 12-month low of $8.56 and a 12-month high of $20.50. The stock has a market capitalization of $781.35 million, a P/E ratio of -5.58 and a beta of 6.33. The company has a 50-day simple moving average of $11.74 and a 200 day simple moving average of $12.35. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.72.
Hedge Funds Weigh In On Pagaya Technologies
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A number of institutional investors have recently modified their holdings of PGY. Sei Investments Co. bought a new position in Pagaya Technologies in the first quarter valued at approximately $1,101,000. Castle Hook Partners LP bought a new position in shares of Pagaya Technologies in the 1st quarter worth $188,000. Hood River Capital Management LLC acquired a new stake in shares of Pagaya Technologies during the first quarter worth $9,265,000. Black Maple Capital Management LP bought a new stake in Pagaya Technologies in the first quarter valued at about $438,000. Finally, SG Americas Securities LLC acquired a new position in Pagaya Technologies in the second quarter valued at about $101,000. 57.14% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. Benchmark restated a "buy" rating and set a $21.00 price objective on shares of Pagaya Technologies in a report on Wednesday, October 16th. JMP Securities restated a "market outperform" rating and set a $25.00 price target on shares of Pagaya Technologies in a report on Tuesday, September 3rd. Canaccord Genuity Group decreased their price objective on shares of Pagaya Technologies from $42.00 to $32.00 and set a "buy" rating for the company in a research note on Monday, September 30th. Wedbush reissued a "neutral" rating and set a $13.00 target price on shares of Pagaya Technologies in a research note on Monday, August 12th. Finally, B. Riley decreased their target price on Pagaya Technologies from $48.00 to $36.00 and set a "buy" rating for the company in a research report on Monday, September 30th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Pagaya Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $22.89.
View Our Latest Stock Analysis 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.
Further Reading
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