Sanjiv Das Purchases Shares of Pagaya Technologies Ltd. (PGY)

Sanjiv Das, the President of Pagaya Technologies Ltd. (NasdaqCM: PGY), made a notable move by purchasing 23,750 shares of the company on June 12, 2026. This insider transaction did not involve a pre-planned trading program, indicating a direct acquisition of shares.

Insider Buying and Selling at Pagaya Technologies Ltd.

On June 12, 2026, several insider transactions were recorded at Pagaya Technologies. Sanjiv Das, the company's President, bought 23,750 shares, adding to his stake in the company. On the same day, Das also sold 13,309 shares at an average price of $16.23. Other insiders, including Evangelos Perros, were active as well, with Perros both buying and selling 20,625 shares. Additionally, Tami Rosen sold 5,681 shares at $16.23 each.

Other Institutional Activity in Pagaya Technologies

Institutional investors have been active in Pagaya Technologies. 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. added 508,320 shares, ending with 1,887,870 shares worth about $22 million. Two Sigma Investments, LP grew its position by 634,942 shares, holding 1,857,256 shares valued at $21.6 million. Vanguard Portfolio Management LLC initiated a position with 1,716,328 shares valued at nearly $20 million. American Century Companies Inc. also boosted its stake by 284,806 shares to 1,694,860 shares, valued at $19.7 million.

Pagaya Technologies Stock Snapshot

Shares of Pagaya Technologies Ltd. (NasdaqCM: PGY) are currently trading at $15.68. The company has a market capitalization of approximately $1.3 billion. Its price-to-earnings (P/E) ratio stands at 14.0, with a forward P/E of 4.4. Pagaya's stock has experienced a 52-week low of $10.40 and a high of $44.99. The 50-day moving average is $13.97, while the 200-day moving average is $20.92. The company maintains a current ratio of 7.31 and a quick ratio of 7.00, with a debt-to-equity ratio of 147.48.

Recent Earnings

Pagaya Technologies reported revenue of approximately $1.33 billion, reflecting a growth rate of 9.6%. The company achieved a net margin of 7.39% and a return on equity (ROE) of 16.26%. Earnings per share (EPS) stood at $1.12. The next earnings report is expected on August 6, 2026.

Analysts Set New Price Targets

Analysts remain optimistic about Pagaya Technologies, maintaining a strong buy consensus. On May 18, 2026, Canaccord Genuity reaffirmed its buy rating with a price target of $32.00. Citigroup also maintained its buy rating with a $32.00 target on February 12, 2026. Other firms such as Jefferies and Benchmark set targets of $30.00 and $33.00, respectively. Overall, the mean price target stands at $26.90, based on 10 analyst opinions.

About Pagaya Technologies

Pagaya Technologies Ltd. is a technology company based in New York, specializing in software infrastructure. Founded in 2016, the company uses data science and artificial intelligence to enhance financial services. It operates in the United States, Israel, and the Cayman Islands, offering products like Decline Monetization and Dual Look to optimize loan application processes. Pagaya partners with fintech companies, banks, and other financial institutions to provide innovative solutions in auto finance and real estate services. The company is led by CEO Mr. Gal Krubiner and employs 511 people.

Bottom Line

Sanjiv Das's recent purchase of Pagaya Technologies shares highlights insider confidence in the company's prospects. With a robust market presence and innovative solutions, Pagaya continues to attract institutional attention. Analysts' strong buy ratings further underscore the positive sentiment surrounding the stock. However, investors should remember that insider trades and analyst ratings are just part of a broader investment picture.