Sanjiv Das Buys 25,000 Shares of Pagaya Technologies
Pagaya Technologies President Sanjiv Das acquired 25,000 shares, signaling confidence in the company's future.
Key Points
- Sanjiv Das, President of Pagaya Technologies, bought 25,000 shares on June 25, 2026.
- Pagaya Technologies stock traded at $15.87 on Tuesday, with a market cap of $1.32 billion.
- Several analysts maintain a 'buy' rating, with price targets reaching up to $35.
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Sanjiv Das, the President of Pagaya Technologies Ltd. (NasdaqCM: PGY), purchased 25,000 shares of the company on June 25, 2026. This insider transaction was not part of a pre-planned trading program. Shares of Pagaya Technologies traded at $15.87 on Tuesday.
Insider Buying and Selling at Pagaya Technologies Ltd.
In addition to Sanjiv Das's purchase, other insider transactions took place on the same day. Cory Vieira, the Chief Accounting Officer, was involved in both buying and selling activities. Vieira bought 3,572 shares and sold 1,458 shares at an average price of $15.83.
Other Institutional Activity in Pagaya Technologies
Institutional investors have been active in Pagaya Technologies recently. BlackRock, Inc. increased its holdings by 465,796 shares, bringing its total to 4,470,910 shares valued at approximately $52.1 million. Goldman Sachs Group Inc. boosted its stake by 508,320 shares, reaching 1,887,870 shares worth about $22 million. Two Sigma Investments, LP also grew its position significantly, adding 634,942 shares for a total of 1,857,256 shares valued at around $21.6 million. Vanguard Portfolio Management LLC opened a new position with 1,716,328 shares valued at nearly $20 million.
Pagaya Technologies Ltd. Stock Down 27.8%
On Tuesday, Pagaya Technologies' stock traded near $15.87. The company has a market cap of approximately $1.32 billion and a P/E ratio of 14.17. Its forward P/E is 4.45, and the stock has a beta of 5.38, indicating high volatility. The 52-week range is between $10.40 and $44.99, while the 50-day and 200-day moving averages are $14.43 and $20.05, respectively. Pagaya maintains a strong liquidity position with a current ratio of 7.31 and a quick ratio of 7.00.
$PGY stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Pagaya Technologies reported revenue of $1.33 billion, reflecting a 9.6% growth. The company's net margin stands at 7.39%, and it achieved a return on equity of 16.26%. Earnings per share were $1.12. The next earnings report is expected on August 6, 2026.
Analysts Set New Price Targets
Several analysts have maintained their 'buy' ratings for Pagaya Technologies. Canaccord Genuity, on May 18, 2026, maintained a buy rating with a $32 price target. Similarly, Citigroup and Jefferies have set price targets of $32 and $30, respectively, in February 2026. The consensus among analysts is a strong buy, with an average target price of $26.90 based on 10 opinions.
About Pagaya Technologies
Pagaya Technologies Ltd. is a technology company based in New York, NY, that focuses on deploying data science and AI-powered technology for financial services. Founded in 2016, the company offers products like Decline Monetization and Dual Look, which help financial partners manage loan applications. Pagaya operates in the United States, Israel, and the Cayman Islands, and is led by CEO Gal Krubiner.
Bottom Line
Insider buying by Sanjiv Das suggests confidence in Pagaya Technologies' prospects. The company's stock performance and institutional interest further highlight its standing in the market. With a strong buy consensus from analysts, Pagaya remains a company to watch. Note that insider transactions are reported after they occur and may not reflect current positions.
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