Pagaya director Tami Rosen sells $173,348 of PGY shares

Pagaya Technologies Ltd. (PGY) saw one of its directors, Tami Rosen, part with a portion of her shares on September 18, 2026. Ms. Rosen divested herself of 8,504 Class A Ordinary Shares, which were sold at a price bracket between $20.24 and $20.68. This sale amounted to a total value of $173,348. Currently, Ms. Rosen retains 15,400 Class A Ordinary Shares of the company.

The sale of shares by a prominent director often garners attention, and this particular transaction comes amid a noticeable surge in PGY's stock price. Over the past six months, the company's shares have climbed by 85%, despite a more subdued performance over the previous year, where they dipped by 52%.

Analysts' assessments suggest that PGY's stock may be undervalued at its current prices, trading at a price-to-earnings (P/E) ratio of 14.6. This figure, according to InvestingPro analysis, indicates a potentially attractive valuation for the company.

Further positive news for Pagaya came with the company's recent second-quarter earnings report. The financial results exceeded Wall Street's expectations, with adjusted earnings per share of $1.07 and revenue of $365.63 million, surpassing the previously estimated $0.33 per share and $356.54 million in revenue. This strong performance underscores Pagaya's robust financial health and operational efficiency.

Moreover, financial analysts at Citizens have raised their price target for Pagaya Technologies from $22.00 to $25.00, maintaining a Market Outperform rating. This upgrade is predicated on Pagaya's recent increased investments in loans and securities, which have subtly refined the company's credit profile. These developments contribute to a generally optimistic outlook on Pagaya's financial prospects, as reflected in the recent update.