Pagaya Technologies director Petrozzo sells $117k in shares

Published 17/09/2025, 21:06
© Ido Isaac, Pagaya PR

Director Dan Petrozzo of Pagaya Technologies Ltd (NASDAQ:PGY) sold 2,828 shares of Class A Ordinary Shares on September 15, 2025. The sales were executed at a weighted average price of $41.4315, for a total transaction value of $117,168. The transaction comes as PGY trades near its 52-week high of $42.25, having delivered an impressive 347% return year-to-date. According to InvestingPro data, analysts maintain a bullish outlook on the $3.22B market cap company.

The price per share in the transactions ranged from $39.57 to $41.97. Following the transaction, Petrozzo directly owns 93,450 shares of Pagaya Technologies Ltd.

The sale was executed pursuant to a 10b5-1 trading plan.

In other recent news, Pagaya Technologies reported a robust second quarter for 2025, significantly surpassing earnings expectations. The company achieved an earnings per share (EPS) of $0.64, well above the forecasted $0.13. Revenue also exceeded projections, reaching $326 million compared to the anticipated $311.96 million. Following these results, JMP Securities raised its price target for Pagaya to $35 from $26 while maintaining a Market Outperform rating. Similarly, Keefe, Bruyette & Woods adjusted their price target to $38 from $27, citing a "record-setting quarter" with 14% year-over-year volume growth. Both firms continue to hold an Outperform rating for the company. These developments reflect the strong performance and growth potential observed in Pagaya’s recent financial outcomes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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