Pagaya Technologies Ltd. (NASDAQ:PGY – Get Free Report) CEO Gal Krubiner bought 33,600 shares of the business’s stock in a transaction that occurred on Thursday, April 4th. The shares were acquired at an average cost of $10.36 per share, for a total transaction of $348,096.00. Following the completion of the purchase, the chief executive officer now owns 523,076 shares in the company, valued at $5,419,067.36. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Pagaya Technologies Trading Down 1.3 %
NASDAQ:PGY opened at $10.99 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 4.05 and a current ratio of 4.05. Pagaya Technologies Ltd. has a 1 year low of $8.90 and a 1 year high of $33.96. The stock has a market cap of $648.96 million, a P/E ratio of -5.09 and a beta of 6.66. The stock has a 50-day simple moving average of $13.31 and a 200-day simple moving average of $15.02.
Hedge Funds Weigh In On Pagaya Technologies
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. ARK Investment Management LLC acquired a new stake in Pagaya Technologies during the third quarter worth approximately $1,482,000. Capricorn Fund Managers Ltd acquired a new position in shares of Pagaya Technologies in the 3rd quarter valued at $2,436,000. Raymond James & Associates grew its position in shares of Pagaya Technologies by 43.5% in the 3rd quarter. Raymond James & Associates now owns 131,967 shares of the company’s stock valued at $209,000 after buying an additional 40,000 shares during the last quarter. Pathstone Family Office LLC acquired a new stake in Pagaya Technologies during the 3rd quarter worth $32,000. Finally, National Bank of Canada FI lifted its position in Pagaya Technologies by 44.6% in the third quarter. National Bank of Canada FI now owns 45,664 shares of the company’s stock valued at $69,000 after acquiring an additional 14,092 shares during the last quarter. 57.14% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
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.
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