Pagaya Technologies Ltd’s recently made public that its Chief Development Officer Rosen Tami unloaded Company’s shares for reported $53629.0 on Feb 03 ’25. In the deal valued at $9.28 per share,5,779 shares were sold. As a result of this transaction, Rosen Tami now holds 83,396 shares worth roughly $0.84 million.
Then, DAS SANJIV sold 7,282 shares, generating $64,446 in total proceeds. Upon selling the shares at $8.85, the President now owns 91,163 shares.
Before that, Rosen Tami sold 21,547 shares. Pagaya Technologies Ltd shares valued at $214,824 were divested by the Chief Development Officer at a price of $9.97 per share. As a result of the transaction, Rosen Tami now holds 73,550 shares, worth roughly $0.74 million.
A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Keefe Bruyette started covering the stock on June 17, 2024. It rated PGY as “an Outperform”.
Price Performance Review of PGY
On Tuesday, Pagaya Technologies Ltd [NASDAQ:PGY] saw its stock jump 6.98% to $10.11. Over the last five days, the stock has gained 9.77%. Pagaya Technologies Ltd shares have risen nearly 8.83% since the year began. Nevertheless, the stocks have fallen -28.60% over the past one year. While a 52-week high of $20.00 was reached on 01/07/25, a 52-week low of $8.20 was recorded on 01/13/25. SMA at 50 days reached $9.57, while 200 days put it at $11.46.
Levels Of Support And Resistance For PGY Stock
The 24-hour chart illustrates a support level at 9.70, which if violated will result in even more drops to 9.28. On the upside, there is a resistance level at 10.43. A further resistance level may holdings at 10.74. The Relative Strength Index (RSI) on the 14-day chart is 57.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.41%. Stochastics %K at 72.39% 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 2025-01-15, growing by 1.43 million shares to a total of 9.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 7.58 million shares. There was a rise of 15.85%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 24, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $14 price target.
