Evangelos Perros Acquires Shares in Pagaya Technologies
Insider Evangelos Perros purchased 20,625 shares of Pagaya Technologies on June 12, 2026.
Key Points
- Evangelos Perros purchased 20,625 shares of Pagaya Technologies on June 12, 2026.
- Shares of Pagaya Technologies are trading at $15.68 with a market cap of approximately $1.3 billion.
- Analysts maintain a strong buy rating with a mean price target of $26.90.
Evangelos Perros, an insider, recently bought 20,625 shares of Pagaya Technologies Ltd. (NasdaqCM: PGY) on June 12, 2026. This acquisition adds to the insider activity in the company, which operates in the software infrastructure sector.
Insider Buying and Selling at Pagaya Technologies Ltd.
Perros's transaction adds to a series of insider activities on June 12, 2026. Sanjiv Das, the President of Pagaya, also engaged in transactions on the same day, acquiring 23,750 shares and selling 13,309 shares at an average price of $16.23. Another insider, Tami Rosen, sold 5,681 shares.
Other Institutional Activity in Pagaya Technologies
Institutional investors have been active in Pagaya Technologies as well. 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, now holding 1,887,870 shares worth about $22 million. Two Sigma Investments, LP grew its position by 634,942 shares to 1,857,256 shares, valued at roughly $21.6 million. Vanguard Portfolio Management LLC entered a new position with 1,716,328 shares valued at around $20 million, while American Century Companies Inc. added 284,806 shares, ending with 1,694,860 shares worth approximately $19.7 million.
Pagaya Technologies Stock Snapshot
Shares of Pagaya Technologies Ltd. are currently trading at $15.68. The company has a market capitalization of about $1.3 billion and a P/E ratio of 14.0, with a forward P/E of 4.43. Its beta stands at a high 5.38, indicating significant volatility. Over the past 52 weeks, the stock has ranged between $10.40 and $44.99, with a 50-day moving average of $13.97 and a 200-day moving average of $20.92. Pagaya maintains a strong current ratio of 7.31 and a quick ratio of 7.00, though it carries 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's net margin stands at 7.39%, and it boasts a return on equity of 16.26%. Earnings per share are reported at $1.12. The next earnings release is scheduled for August 6, 2026.
Analysts Set New Price Targets
Analysts have maintained positive outlooks on Pagaya Technologies. On May 18, 2026, Canaccord Genuity maintained its "buy" rating with a price target of $32.0. The consensus among analysts is a "strong buy," with a mean price target of $26.90 based on 10 analyst opinions.
About Pagaya Technologies
Pagaya Technologies Ltd. is a technology company that focuses on software infrastructure. It uses data science and proprietary AI technology to offer financial services solutions. The company's products include Decline Monetization and Dual Look, which help financial institutions optimize loan applications. Founded in 2016, Pagaya is headquartered in New York, NY, and led by CEO Gal Krubiner. The company employs 511 people and serves clients in the United States, Israel, and the Cayman Islands.
Bottom Line
The recent insider purchase by Evangelos Perros highlights ongoing interest in Pagaya Technologies. With a strong market position and a "strong buy" consensus among analysts, the company continues to attract attention. However, remember that insider actions are just one piece of the puzzle, and these reports are backward-looking.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
