Pagaya Technologies Ltd’s recently made public that its insider Kim Nam Woo unloaded Company’s shares for reported $1693.0 on Oct 02 ’24. In the deal valued at $9.90 per share,171 shares were sold. As a result of this transaction, Kim Nam Woo now holds 3,987 shares worth roughly $41504.67.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Perros Evangelos sold 2,336 shares, generating $23,126 in total proceeds. Upon selling the shares at $9.90, the Chief Financial Officer now owns 25,622 shares.
Before that, Rosen Tami sold 29,240 shares. Pagaya Technologies Ltd shares valued at $289,476 were divested by the Chief Development Officer at a price of $9.90 per share. As a result of the transaction, Rosen Tami now holds 83,427 shares, worth roughly $0.87 million.
Oppenheimer initiated its Pagaya Technologies Ltd [PGY] rating to an Outperform in a research note published on October 01, 2024; the price target was $12. Keefe Bruyette began covering PGY with “an Outperform” recommendation on June 17, 2024. Citigroup started covering the stock on May 24, 2024. It rated PGY as “a Neutral”.
Price Performance Review of PGY
On Friday, Pagaya Technologies Ltd [NASDAQ:PGY] saw its stock jump 2.16% to $10.41. Over the last five days, the stock has gained 4.52%. Pagaya Technologies Ltd shares have fallen nearly -37.14% since the year began. Nevertheless, the stocks have fallen -42.93% over the past one year. While a 52-week high of $20.50 was reached on 03/08/24, a 52-week low of $8.56 was recorded on 04/22/24. SMA at 50 days reached $12.61, while 200 days put it at $12.98.
Levels Of Support And Resistance For PGY Stock
The 24-hour chart illustrates a support level at 10.13, which if violated will result in even more drops to 9.85. On the upside, there is a resistance level at 10.66. A further resistance level may holdings at 10.91. The Relative Strength Index (RSI) on the 14-day chart is 40.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.63%. Stochastics %K at 23.06% indicates the stock is a holding.
How much short interest is there in Pagaya Technologies Ltd?
A steep rise in short interest was recorded in Pagaya Technologies Ltd stocks on 2024-09-13, dropping by -1.0 million shares to a total of 1.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 2.75 million shares. There was a decline of -56.86%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 14, 2023 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $2.50 price target.
