Pagaya Technologies (PGY) President Sanjiv Das Buys 23,750 Shares

Insider Buying and Selling at Pagaya Technologies Ltd.

Sanjiv Das, the President of Pagaya Technologies Ltd. (NasdaqCM: PGY), bought 23,750 shares on June 12, 2026. This purchase is valued at around $372,000 based on the share price of $15.68 at the time. This transaction reflects Das's ongoing confidence in the company's future performance.

Previous Insider Activity

This isn't the first time Sanjiv Das has made a significant move. Just a few days earlier, on June 25, 2026, he had acquired another 25,000 shares, signaling strong belief in Pagaya's prospects. Additionally, on the same day, he sold 14,000 shares for approximately $221,620. Other insiders have also been active; for example, Cory Vieira, the Chief Accounting Officer, sold 3,572 shares on June 25, 2026, and Evangelos Perros bought 20,625 shares on June 12, 2026.

Institutional Activity

There are no recent updates on other institutional investors related to Pagaya Technologies. The lack of peer activity might indicate a focus on internal management and strategic growth rather than external investments for now.

How Pagaya Technologies Ltd. Stock Has Traded

Pagaya Technologies shares are currently trading at $15.68, which is below their 52-week high of $31.06. The stock has seen fluctuations, but with a market cap of about $1.49 billion and a P/E ratio of approximately 12.98, it remains an interesting player in the technology sector.

Recent Earnings

In its most recent earnings report, Pagaya posted revenues of $1.39 billion, reflecting a growth of 18.6%. The company also achieved a net margin of 9.1%, which contributes to a return on equity (ROE) of 19.5%. The next earnings report is scheduled for October 29, 2026.

Analysts Set New Price Targets

Analysts have a generally positive outlook on Pagaya Technologies. On October 6, 2026, TD Cowen maintained a "Buy" rating with a target price of $25. StoneX reiterated a "Buy" rating with a $33 target on September 29, 2026. Jefferies also kept its "Buy" rating, raising the target to $27 on August 18, 2026.

What Pagaya Technologies Ltd. Does

Pagaya Technologies is a technology company that leverages data science and AI to enhance financial services. Their flagship product allows partners to manage rejected loan applications efficiently. Given the recent insider buying, it appears that executives are optimistic about the company's growth trajectory as it continues to expand its offerings.

What's Ahead for Pagaya Technologies Ltd.

Investors should keep an eye on the upcoming earnings report on October 29, 2026. As a reminder, insider trades reflect positions as of the transaction date and may not represent current holdings. The ongoing activity from insiders like Sanjiv Das could provide further insights into the company's future direction.