Pagaya Technologies (NASDAQ:PGY) Director Tami Rosen Sells 7,121 Shares

Pagaya Technologies Ltd. (NASDAQ:PGY) Director Tami Rosen sold 7,121 shares of the company’s stock in a transaction that occurred on Saturday, September 12th. The stock was sold at an average price of $20.21, for a total transaction of $143,915.41. Following the transaction, the director directly owned 23,904 shares of the company’s stock, valued at $483,099.84. This trade represents a 22.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Tami Rosen also recently made the following trade(s):

• On Thursday, September 3rd, Tami Rosen sold 1,265 shares of Pagaya Technologies stock. The stock was sold at an average price of $23.07, for a total transaction of $29,183.55.
• On Monday, August 3rd, Tami Rosen sold 28,181 shares of Pagaya Technologies stock. The shares were sold at an average price of $21.98, for a total transaction of $619,418.38.
• On Monday, June 22nd, Tami Rosen sold 9,944 shares of Pagaya Technologies stock. The shares were sold at an average price of $15.20, for a total transaction of $151,148.80.

Pagaya Technologies Stock Down 2.1%

Shares of NASDAQ PGY opened at $21.04 on Wednesday. The stock has a market capitalization of $1.76 billion, a PE ratio of 15.47 and a beta of 5.35. The company has a quick ratio of 11.08, a current ratio of 11.08 and a debt-to-equity ratio of 1.12. The firm has a fifty day moving average of $20.04 and a 200-day moving average of $15.89. Pagaya Technologies Ltd. has a 52-week low of $10.40 and a 52-week high of $44.99.

Hedge Funds Weigh In On Pagaya Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tidal Investments LLC increased its holdings in Pagaya Technologies by 60.7% in the 2nd quarter. Tidal Investments LLC now owns 78,221 shares of the company’s stock valued at $1,428,000 after purchasing an additional 29,533 shares in the last quarter. WINTON GROUP Ltd purchased a new position in Pagaya Technologies in the second quarter valued at about $391,000. Engineers Gate Manager LP raised its position in Pagaya Technologies by 158.5% in the second quarter. Engineers Gate Manager LP now owns 130,172 shares of the company’s stock valued at $2,376,000 after purchasing an additional 79,810 shares during the period. Integrated Wealth Concepts LLC acquired a new position in shares of Pagaya Technologies during the second quarter worth about $37,000. Finally, Squarepoint Ops LLC lifted its stake in shares of Pagaya Technologies by 614.7% during the second quarter. Squarepoint Ops LLC now owns 252,036 shares of the company’s stock worth $4,600,000 after purchasing an additional 216,770 shares in the last quarter. Institutional investors and hedge funds own 57.14% of the company’s stock.

More Pagaya Technologies News

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

• Positive Sentiment: Pagaya’s AI-driven lending platform is reportedly gaining scale, supported by record network volume, continued growth in its auto business and expanded funding capacity. These trends are expected to support profitability and the company’s outlook. Pagaya’s AI Lending Flywheel Gains Speed: What’s Next for PGY?
• Neutral Sentiment: Analyst coverage compares Pagaya with Enova International in the technology-enabled lending sector. Both companies face high borrowing costs, cautious lending standards and resilient credit demand, but their differing business models make the comparison more useful for evaluating relative risk and growth than as a direct company-specific catalyst. PGY vs. ENVA: Which Technology-Driven Lending Stock Is the Better Buy?
• Negative Sentiment: PGY underperformed the broader market in the latest session, indicating continued short-term volatility and market-related pressure rather than a clearly identified new fundamental problem. Pagaya Technologies Falls More Steeply Than Broader Market
• Negative Sentiment: President Sanjiv Das sold 13,301 shares and Director Tami Rosen sold 7,121 shares at an average price of $20.21. Both filings state the transactions were intended to cover tax-withholding obligations from vested equity awards, which makes them less concerning than discretionary sales but still adds an insider-selling signal for investors. Pagaya Technologies President Insider Filing

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Texas Capital raised Pagaya Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Citizens Jmp raised their price objective on Pagaya Technologies from $22.00 to $25.00 and gave the stock a “market outperform” rating in a report on Friday, July 31st. TD Cowen began coverage on Pagaya Technologies in a research note on Thursday, September 3rd. They issued a “buy” rating and a $26.00 price objective on the stock. B. Riley Financial boosted their target price on Pagaya Technologies from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Jefferies Financial Group increased their target price on shares of Pagaya Technologies from $23.00 to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $31.25.

About Pagaya Technologies

Pagaya Technologies Ltd. is a financial technology company that uses artificial intelligence and data analytics to facilitate access to credit and investment opportunities. Its technology platform evaluates loan and other credit-related assets, helping financial institutions make lending decisions and connect assets with institutional funding sources.

The company’s Pagaya Network is designed to integrate with banks, fintech companies and other originators. Through the network, Pagaya analyzes consumer credit, personal loan, auto loan and real estate-related assets, among other products, and helps distribute qualifying assets to institutional investors through structured financial vehicles.

Pagaya was founded in 2016 and is headquartered in New York, with roots in Israel.