Pagaya Technologies Ltd (NASDAQ: PGY) is 77.61% higher on its value in year-to-date trading and has touched a low of $8.20 and a high of $20.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PGY stock was last observed hovering at around $16.95 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $16.50, the stock is 45.06% and 61.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.04 million and changing -2.65% at the moment leaves the stock 41.65% off its SMA200. PGY registered 9.13% gain for a year compared to 6-month loss of 38.31%.
The stock witnessed a 87.93% gain in the last 1 month and extending the period to 3 months gives it a 74.23%, and is 45.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.03% over the week and 9.25% over the month.
Pagaya Technologies Ltd (PGY) has around 712 employees, a market worth around $1.22B and $1.00B in sales. Fwd P/E is 18.79. Profit margin for the company is -39.96%. Distance from 52-week low is 101.22% and -17.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-42.33%).
with sales reaching $285.99M over the same period.The EPS is expected to grow by 100.72% this year, but quarterly earnings will post 15.75% year-over-year. Quarterly sales are estimated to grow 16.60% in year-over-year returns.
The shares outstanding are 73.66M, and float is at 37.98M with Short Float at 22.16%.
The top institutional shareholder in the company is VIOLA VENTURES V.C. MANAGEMENT 4 LTD. with over 8.18 million shares valued at $104.32 million. The investor’s holdings represent 12.6747 of the PGY Shares outstanding. As of 2024-06-30, the second largest holder is X-SQUARE CAPITAL, LLC with 11879.0 shares valued at $0.15 million to account for 0.0184 of the shares outstanding.
Pagaya Technologies Ltd (PGY) Insider Activity
The most recent transaction is an insider sale by Rosen Tami, the company’s Chief Development Officer. SEC filings show that Rosen Tami sold 35,369 shares of the company’s common stock on Feb 13 ’25 at a price of $15.00 per share for a total of $0.53 million. Following the sale, the insider now owns 38181.0 shares.
Still, SEC filings show that on Feb 07 ’25, Rosen Tami (Chief Development Officer) disposed off 9,846 shares at an average price of $12.18 for $0.12 million. The insider now directly holds 73,550 shares of Pagaya Technologies Ltd (PGY).
