Pagaya Technologies (NASDAQ:PGY) President Sanjiv Das Sells 21,289 Shares

Pagaya Technologies Ltd. (NASDAQ:PGY) President Sanjiv Das sold 21,289 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $22.00, for a total value of $468,358.00. Following the sale, the president owned 144,186 shares of the company’s stock, valued at approximately $3,172,092. This trade represents a 12.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Sanjiv Das also recently made the following trade(s):

• On Thursday, June 25th, Sanjiv Das sold 14,000 shares of Pagaya Technologies stock. The shares were sold at an average price of $15.83, for a total value of $221,620.00.
• On Friday, June 12th, Sanjiv Das sold 13,309 shares of Pagaya Technologies stock. The shares were sold at an average price of $16.23, for a total value of $216,005.07.

Pagaya Technologies Price Performance

NASDAQ PGY opened at $21.92 on Wednesday. The company has a 50-day moving average price of $16.59 and a 200-day moving average price of $14.93. Pagaya Technologies Ltd. has a 52 week low of $10.40 and a 52 week high of $44.99. 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 market capitalization of $1.82 billion, a P/E ratio of 16.12 and a beta of 5.33.

Pagaya Technologies (NASDAQ:PGY) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.53. The company had revenue of $317.94 million for the quarter, compared to the consensus estimate of $323.85 million. Pagaya Technologies had a net margin of 9.12% and a return on equity of 51.56%. The firm’s revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 earnings per share. Equities research analysts anticipate that Pagaya Technologies Ltd. will post 2.92 earnings per share for the current year.

Pagaya Technologies News Roundup

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

• Positive Sentiment: Strong second-quarter results and higher outlook: Pagaya reportedly exceeded earnings expectations, delivered record revenue and network volume, and raised its 2026 guidance. The results highlight continued momentum in its AI-powered lending network and funding platform. PGY Gains as Q2 Earnings Beat on Record Revenues, 2026 View Raised
• Positive Sentiment: Record first-half performance: Coverage emphasized record first-half 2026 lending volume, revenue growth and improved profitability, suggesting that Pagaya’s AI lending ecosystem is gaining scale. Pagaya Delivers Stellar 1H 2026 Results: Here’s What Drove it
• Positive Sentiment: Price-target support: Pagaya’s price target was raised to $36, providing a bullish valuation signal and implying further potential upside from recent trading levels. Pagaya Technologies Price Target Raised to $36.00
• Positive Sentiment: New securitization financing: KBRA assigned preliminary ratings to 10 classes of notes in Pagaya AI Debt Trust transactions. Initial credit enhancement ranged from 63.60% for the senior Class A notes to 8.45% for Class F, supporting Pagaya’s ability to access consumer-loan funding markets. KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust 2026-R3
• Neutral Sentiment: Elevated call-option activity: Investors purchased approximately 5,820 call options, about 31% above typical volume. This indicates increased speculative bullish interest, although options activity alone does not confirm a sustained move.
• Negative Sentiment: Executive and director selling: President Sanjiv Das sold 21,289 shares, while Director Tami Rosen sold 28,181 shares. The transactions reduced their holdings by approximately 12.9% and 62.8%, respectively, potentially creating near-term pressure and raising investor caution. Pagaya President Form 4 Filing

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PGY. Citizens Jmp boosted their price objective on shares of Pagaya Technologies from $22.00 to $25.00 and gave the company a “market outperform” rating in a research report on Friday, July 31st. Canaccord Genuity Group raised 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. Texas Capital upgraded Pagaya Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. B. Riley Financial upped their price target on Pagaya Technologies from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings raised Pagaya Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $32.43.

Institutional Trading of Pagaya Technologies

Institutional investors have recently made changes to their positions in the business. Main Management ETF Advisors LLC lifted its holdings in Pagaya Technologies by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 72,036 shares of the company’s stock worth $1,506,000 after purchasing an additional 736 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Pagaya Technologies by 5.4% during the first quarter. The Manufacturers Life Insurance Company now owns 15,136 shares of the company’s stock valued at $176,000 after buying an additional 776 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of Pagaya Technologies by 5.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 16,493 shares of the company’s stock worth $345,000 after buying an additional 790 shares in the last quarter. MetLife Investment Management LLC boosted its position in shares of Pagaya Technologies by 3.2% during the fourth quarter. MetLife Investment Management LLC now owns 27,845 shares of the company’s stock worth $582,000 after acquiring an additional 867 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in Pagaya Technologies by 4.8% during the third quarter. Franklin Resources Inc. now owns 22,766 shares of the company’s stock valued at $676,000 after acquiring an additional 1,043 shares in the last quarter. Hedge funds and other institutional investors own 57.14% of the company’s stock.

Pagaya Technologies Company Profile

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.