Pagaya Technologies Ltd. (NASDAQ:PGY – Get Free Report) CFO Evangelos Perros sold 21,305 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $9.97, for a total value of $212,410.85. Following the transaction, the chief financial officer now directly owns 54,029 shares in the company, valued at approximately $538,669.13. This trade represents a 28.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Pagaya Technologies Stock Performance
NASDAQ PGY traded up $0.78 during trading on Friday, reaching $10.41. The company’s stock had a trading volume of 2,295,289 shares, compared to its average volume of 1,778,645. The firm has a 50 day moving average price of $10.38 and a 200 day moving average price of $11.84. Pagaya Technologies Ltd. has a 12 month low of $8.20 and a 12 month high of $20.00. The firm has a market capitalization of $766.76 million, a price-to-earnings ratio of -4.10 and a beta of 6.11. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.82.
Institutional Investors Weigh In On Pagaya Technologies
Several institutional investors have recently made changes to their positions in PGY. Tidal Investments LLC increased its stake in Pagaya Technologies by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 41,322 shares of the company’s stock worth $437,000 after acquiring an additional 1,826 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Pagaya Technologies by 13.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 16,614 shares of the company’s stock worth $176,000 after purchasing an additional 1,937 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Pagaya Technologies by 48.4% in the third quarter. BNP Paribas Financial Markets now owns 9,757 shares of the company’s stock worth $103,000 after purchasing an additional 3,181 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Pagaya Technologies in the second quarter valued at about $166,000. Finally, Cubist Systematic Strategies LLC raised its stake in Pagaya Technologies by 50.1% in the second quarter. Cubist Systematic Strategies LLC now owns 43,813 shares of the company’s stock valued at $559,000 after purchasing an additional 14,629 shares in the last quarter. 57.14% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Read Our Latest Stock Report on Pagaya Technologies
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.
Recommended Stories
- Five stocks we like better than Pagaya Technologies
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Insiders Are Selling, But These 3 Stocks Are Must-Buys
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge
- Stock Average Calculator
- Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’
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.