Tami Rosen Sells Shares of Pagaya Technologies Ltd. $PGY
Key Points
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Tami Rosen, insider at Pagaya Technologies Ltd. ($PGY), sold 9,944 shares at an average price of $15.20, for a total transaction of $151,148.80. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Pagaya Technologies Ltd. Stock Down 31.8%
Shares of Pagaya Technologies Ltd. ($PGY) traded around $15 on Wednesday, down 31.8% for the day.
Pagaya Technologies Ltd. Earnings
Analysts Set New Price Targets
About Pagaya Technologies Ltd.
Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands. The company offers Decline Monetization, the flagship product which allows Partners to automatically send rejected loan applications to its network, as well as approve customers they would otherwise decline; Dual Look which allows to assess applications concurrently with its Partners in real time; and First Look that routes designated segments of loan applications to the network for evaluation.It also provides Affiliate Optimizer Engine, a customer acquisition tool which enables Partners to originate loans through third-party affiliate channels; Direct Marketing Engine, that utilizes data network to help Partners target and acquire new customers through direct channels; and FastPass which accelerates the transaction process. Its partners include financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. The company was founded in 2016 and is headquartered in New York, New York.
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