6 days Ago By Defense World Staff
Sei Investments Co. cut its stake in Pagaya Technologies Ltd. ( NASDAQ:PGY – Free Report ) by 23.
7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,263 shares of the company’s stock after selling 6,288 shares during the quarter. Sei Investments Co.
’s holdings in Pagaya Technologies were worth $188,000 at the end of the most recent reporting period. Several other hedge funds have also bought and sold shares of PGY. R Squared Ltd acquired a new stake in Pagaya Technologies during the fourth quarter valued at $30,000.
Nisa Investment Advisors LLC acquired a new position in shares of Pagaya Technologies in the fourth quarter worth about $57,000. BNP Paribas Financial Markets boosted its stake in shares of Pagaya Technologies by 48.4% during the 3rd quarter.
BNP Paribas Financial Markets now owns 9,757 shares of the company’s stock worth $103,000 after acquiring an additional 3,181 shares in the last quarter. Arizona State Retirement System grew its position in shares of Pagaya Technologies by 10.9% during the 4th quarter.
Arizona State Retirement System now owns 11,154 shares of the company’s stock valued at $104,000 after acquiring an additional 1,092 shares during the period. Finally, Entropy Technologies LP purchased a new position in shares of Pagaya Technologies in the 4th quarter valued at about $114,000. Hedge funds and other institutional investors own 57.
14% of the company’s stock. Wall Street Analysts Forecast Growth Several analysts have commented on the company. B.
Riley reissued a “buy” rating and issued a $36.00 price objective on shares of Pagaya Technologies in a report on Monday, March 17th. Canaccord Genuity Group reissued a “buy” rating and issued a $25.
00 price target on shares of Pagaya Technologies in a research note on Thursday, February 13th. JMP Securities upped their price objective on shares of Pagaya Technologies from $25.00 to $26.
00 and gave the stock a “market outperform” rating in a research report on Friday, February 14th. UBS Group started coverage on shares of Pagaya Technologies in a research report on Friday, December 20th. They issued a “neutral” rating and a $11.
00 target price on the stock. Finally, Benchmark reissued a “buy” rating and set a $25.00 target price on shares of Pagaya Technologies in a research note on Monday, March 17th.
Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $20.
61. Insiders Place Their Bets In other Pagaya Technologies news, President Sanjiv Das sold 7,282 shares of Pagaya Technologies stock in a transaction on Friday, January 17th. The stock was sold at an average price of $8.
85, for a total value of $64,445.70. Following the sale, the president now owns 91,163 shares in the company, valued at $806,792.
55. The trade was a 7.40 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Also, insider Tami Rosen sold 35,369 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $15.
00, for a total value of $530,535.00. Following the transaction, the insider now owns 38,181 shares of the company’s stock, valued at approximately $572,715.
This represents a 48.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders have sold 52,497 shares of company stock valued at $714,905 over the last ninety days. Company insiders own 49.56% of the company’s stock.
Pagaya Technologies Stock Performance Shares of Pagaya Technologies stock opened at $9.44 on Friday. The business’s 50 day moving average price is $11.
67 and its 200 day moving average price is $10.70. The company has a market cap of $710.
81 million, a price-to-earnings ratio of -1.72 and a beta of 5.89.
The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.17 and a current ratio of 1.
17. Pagaya Technologies Ltd. has a one year low of $8.
20 and a one year high of $19.20. Pagaya Technologies ( NASDAQ:PGY – Get Free Report ) last posted its quarterly earnings results on Thursday, February 13th.
The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.28 by ($0.
32). The company had revenue of $279.39 million for the quarter, compared to analysts’ expectations of $264.
28 million. Pagaya Technologies had a positive return on equity of 0.82% and a negative net margin of 39.
20%. During the same quarter in the prior year, the firm earned $0.24 EPS.
On average, research analysts predict that Pagaya Technologies Ltd. will post 0.88 EPS for the current year.
Pagaya Technologies Company Profile ( Free Report ) 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.
See Also Five stocks we like better than Pagaya Technologies Mastering Discipline: Overcoming Emotional Challenges In Trading JPMorgan is a Buy, if You Can Handle The Volatility Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance United States Steel’s Crash: An Unmissable Buying Opportunity High Flyers: 3 Natural Gas Stocks for March 2022 Rocket Lab Stock: Weathering the Storm, Time for a Comeback? Want to see what other hedge funds are holding PGY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pagaya Technologies Ltd. ( NASDAQ:PGY – Free Report ).
Receive News & Ratings for Pagaya Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pagaya Technologies and related companies with MarketBeat.com's FREE daily email newsletter ..
