$PGY

Pagaya Technologies Ltd.

No enriched coverage for $PGY in the last 7 days.

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$326K
Dobres Jonathan
0%
See all $PGY insider activity →
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Pagaya Technologies Ltd. (PGY) Registers a Bigger Fall Than the Market: Important Facts to Note

Pagaya Technologies Ltd. (PGY) fell 3.8% to $17.23, underperforming major indices. Its stock has dropped 12.89% in the past month. The company's upcoming earnings report is expected to show a 5.88% drop in EPS to $0.96 but a 7.96% revenue increase to $378.05 million. Full-year estimates project 11.18% higher earnings and 11.78% higher revenue. The stock has a Zacks Rank of #4 (Sell) and a Forward P/E ratio of 4.87, below the industry average of 10.9.

A 100th loan-backed deal puts Pagaya’s lifetime issuance above $44 billion.

Pagaya (NASDAQ: PGY) completed its 100th ABS transaction, bringing its lifetime issuance to over $44 billion. The deal involved 35 investors, including five new ones, and highlights the company's growth in the asset-backed securities market. Pagaya uses AI and machine learning to provide consumer credit and other financial products.

Learn Why The Bull Case For Pagaya Technologies (PGY) Could Change Following New Loan Funding Facility

Pagaya Technologies closed a $700M Variable Funding Note facility with ATLAS SP Partners, enhancing liquidity and loan seasoning capacity. The company aims for $2.0B revenue and $394.6M earnings by 2029, with analysts projecting 13.7% yearly revenue growth. The facility supports its AI-driven underwriting model but faces risks from regulatory scrutiny and macroeconomic conditions.

PGY sentiment & insider activity

Recent PGY coverage spans financial news, corporate actions and earnings.

In the last 30 days, PGY insiders filed 4 SEC Form 4 transactions — no purchases and 4 sales ($326K). The most active reporter was Dobres Jonathan, Chief Financial Officer, with 1 filing.

What's driving PGY

AlphAI scores every news story that mentions PGY with an AI model for sentiment and relevance, and aggregates insider trades from Pagaya Technologies Ltd.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $PGY

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Pagaya Technologies Ltd. (PGY) Registers a Bigger Fall Than the Market: Important Facts to Note

Pagaya Technologies Ltd. (PGY) fell 3.8% to $17.23, underperforming major indices. Its stock has dropped 12.89% in the past month. The company's upcoming earnings report is expected to show a 5.88% drop in EPS to $0.96 but a 7.96% revenue increase to $378.05 million. Full-year estimates project 11.18% higher earnings and 11.78% higher revenue. The stock has a Zacks Rank of #4 (Sell) and a Forward P/E ratio of 4.87, below the industry average of 10.9.

Learn Why The Bull Case For Pagaya Technologies (PGY) Could Change Following New Loan Funding Facility

Pagaya Technologies closed a $700M Variable Funding Note facility with ATLAS SP Partners, enhancing liquidity and loan seasoning capacity. The company aims for $2.0B revenue and $394.6M earnings by 2029, with analysts projecting 13.7% yearly revenue growth. The facility supports its AI-driven underwriting model but faces risks from regulatory scrutiny and macroeconomic conditions.

$PGYLow

Why Pagaya Stock Dropped 20% in September

Pagaya Technologies (PGY) shares dropped 20% in September due to investor concerns over high interest rates and bond market volatility. The AI-driven credit platform partners with lenders to assess borrower risk, approving and selling loans as asset-backed securities. Despite reporting strong Q2 growth with revenue up 19% to $387M and net income up 172% to $45M, its profitability metric FRLPC margin decreased by 0.61 points to 4.2%.

$SBLKMed

Star Bulk, Aurora, Ouster, Hershey, Pagaya Insider Shock

Insiders traded shares in five companies: Star Bulk Carriers (SBLK) directors bought shares totaling $650,210; Uber sold 29.4M Aurora Innovation (AUR) shares for $182.1M; Ouster's (OUST) CRO sold $302,019 in shares; Hershey Trust sold $5.2M in Hershey (HSY) shares; Pagaya (PGY) director sold $173,311 in shares.

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