Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Pagaya Technologies Ltd shares valued at $530,535 were sold by Rosen Tami on Feb 13 ’25. At $15.00 per share, Rosen Tami sold 35,369 shares. The insider’s holdings dropped to 38,181 shares worth approximately $0.48 million following the completion of this transaction.
Also, TAMI ROSEN purchased 35,369 shares, netting a total of over 416,647 in proceeds.
Before that, Rosen Tami had sold 9,846 shares from its account. In a trade valued at $119,924, the Chief Development Officer traded Pagaya Technologies Ltd shares for $12.18 each. Upon closing the transaction, the insider’s holdings decreased to 9,846 shares, worth approximately $0.93 million.
As published in a research note from Citigroup on February 07, 2025, Pagaya Technologies Ltd [PGY] has been rated up from a Neutral to a Buy and the price target has been revised to $14.50 from $13. As of October 01, 2024, Oppenheimer has initiated its “an Outperform” rating for PGY.
Analyzing PGY Stock Performance
During the last five days, there has been a drop of approximately -21.05%. Over the course of the year, Pagaya Technologies Ltd shares have jumped approximately 36.49%. Shares of the company reached a 52-week high of $19.20 on 02/18/25 and a 52-week low of $8.27 on 01/13/25. A 50-day SMA is recorded $10.69, while a 200-day SMA reached $11.74. Nevertheless, trading volume fell to 1.73 million shares from 1.74 million shares the previous day.
Support And Resistance Levels for Pagaya Technologies Ltd (PGY)
According to the 24-hour chart, there is a support level at 12.22, which, if violated, would cause prices to drop to 11.75. In the upper region, resistance lies at 13.54. The next price resistance is at 14.40. RSI (Relative Strength Index) is 51.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.96, which suggests the price will decrease in the coming days. Percent R is at 77.11%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
