Pagaya Technologies Ltd. (NASDAQ:PGY – Get Free Report) insider Yahav Yulzari bought 23,600 shares of the business’s stock in a transaction on Monday, September 30th. The stock was bought at an average price of $10.52 per share, for a total transaction of $248,272.00. Following the transaction, the insider now directly owns 311,637 shares of the company’s stock, valued at approximately $3,278,421.24. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Yahav Yulzari also recently made the following trade(s):
- On Friday, August 9th, Yahav Yulzari sold 11,662 shares of Pagaya Technologies stock. The shares were sold at an average price of $15.78, for a total value of $184,026.36.
Pagaya Technologies Trading Down 2.3 %
PGY stock traded down $0.23 during midday trading on Wednesday, hitting $9.90. The stock had a trading volume of 1,250,438 shares, compared to its average volume of 1,258,556. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.72. The firm has a market cap of $701.91 million, a P/E ratio of -7.01 and a beta of 6.36. The business has a fifty day moving average price of $12.44 and a two-hundred day moving average price of $12.06. Pagaya Technologies Ltd. has a 1-year low of $8.56 and a 1-year high of $20.50.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the company. Wedbush reiterated a “neutral” rating and issued a $13.00 target price on shares of Pagaya Technologies in a research report on Monday, August 12th. Canaccord Genuity Group reduced their target price on shares of Pagaya Technologies from $42.00 to $32.00 and set a “buy” rating on the stock in a report on Monday, September 30th. JMP Securities reaffirmed a “market outperform” rating and set a $25.00 price target on shares of Pagaya Technologies in a research note on Tuesday, September 3rd. Keefe, Bruyette & Woods started coverage on shares of Pagaya Technologies in a report on Monday, June 17th. They set an “outperform” rating and a $23.00 price target on the stock. Finally, Oppenheimer assumed coverage on Pagaya Technologies in a research report on Tuesday, October 1st. They set an “outperform” rating and a $12.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Pagaya Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $22.89.
Check Out Our Latest Stock Analysis on Pagaya Technologies
Institutional Trading of Pagaya Technologies
Several hedge funds have recently modified their holdings of PGY. nVerses Capital LLC acquired a new stake in Pagaya Technologies in the second quarter valued at approximately $74,000. SG Americas Securities LLC bought a new stake in Pagaya Technologies during the 2nd quarter valued at $101,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Pagaya Technologies during the second quarter worth $166,000. The Manufacturers Life Insurance Company bought a new position in shares of Pagaya Technologies in the second quarter valued at $187,000. Finally, Cornerstone Investment Partners LLC bought a new position in shares of Pagaya Technologies in the first quarter valued at $158,000. Institutional investors own 57.14% of the company’s stock.
About Pagaya Technologies
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.
Featured Articles
- Five stocks we like better than Pagaya Technologies
- Why Invest in 5G? How to Invest in 5G Stocks
- 3 Momentum Trades for October With Ample Upside Ahead
- What is the FTSE 100 index?
- Roblox Dips on Short Report—Here’s Why It Could Bounce Back Fast
- Are Penny Stocks a Good Fit for Your Portfolio?
- 2 Reasons to Jump on Apple Stock Now and 1 Reason to Think Twice
Receive News & Ratings for Pagaya Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pagaya Technologies and related companies with MarketBeat.com's FREE daily email newsletter.