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Citigroup Upgrades Pagaya Technologies Ltd (PGY) to a Buy from a Neutral

In a filing, Pagaya Technologies Ltd revealed its Chief Development Officer Rosen Tami unloaded Company’s shares for reported $0.53 million on Feb 13 ’25. In the deal valued at $15.00 per share,35,369 shares were sold. As a result of this transaction, Rosen Tami now holds 38,181 shares worth roughly $ 0.65 million.

Then, TAMI ROSEN bought 35,369 shares, generating $416,647 in total proceeds.

Before that, Rosen Tami sold 9,846 shares. Pagaya Technologies Ltd shares valued at $119,924 were divested by the Chief Development Officer at a price of $12.18 per share. As a result of the transaction, Rosen Tami now holds 73,550 shares, worth roughly $1.25 million.

Citigroup upgraded its Pagaya Technologies Ltd [PGY] rating to a Buy from a a Neutral in a research note published on February 07, 2025; the price target was increased to $14.50 from $13. Oppenheimer began covering PGY with “an Outperform” recommendation on October 01, 2024.

Price Performance Review of PGY

On Tuesday, Pagaya Technologies Ltd [NASDAQ:PGY] saw its stock jump 10.28% to $16.95. Over the last five days, the stock has gained 30.28%. Pagaya Technologies Ltd shares have risen nearly 82.45% since the year began. Nevertheless, the stocks have risen 13.91% over the past one year. While a 52-week high of $20.00 was reached on 02/18/25, a 52-week low of $8.20 was recorded on 01/13/25. SMA at 50 days reached $10.09, while 200 days put it at $11.61.

Levels Of Support And Resistance For PGY Stock

The 24-hour chart illustrates a support level at 16.11, which if violated will result in even more drops to 15.28. On the upside, there is a resistance level at 18.49. A further resistance level may holdings at 20.04. The Relative Strength Index (RSI) on the 14-day chart is 78.52, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.51%. Stochastics %K at 92.73% indicates the stock is a selling.

The most recent change occurred on June 17, 2024 when Keefe Bruyette began covering the stock and recommended ‘”an Outperform”‘ rating along with a $23 price target.

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