PGY

Pagaya Technologies Ltd.
NasdaqCMUSDEQUITY Technology DELAYED
Last price
18.05
▼ 0.35 (1.90%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
18.43
Prev close
18.40
Day high
18.78
Day low
17.92
Volume
1.86M
Market cap
$1.51B
P/E (TTM)
13.37
52W range
10.40 – 31.54

Day trading desk

Current session · delayed
Gap from prior close
+0.16%
Prior close 18.40
VWAP
18.28
-1.26% from price
Relative volume
0.60×
Quiet session
Session range
5.09%
17.92 – 18.83
Position in range
14%
Near session low
ATR (14D)
1.04
5.77% of price
Prior day high
19.00
PDH
Prior day low
17.88
PDL
Bid / ask spread
—
Quote not published
Session volume
1.58M
Avg 2.65M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+3.91% +2.0%
1M
-21.45% -22.6%
3M
+5.43% +0.9%
6M
+48.80% +30.6%
YTD
-13.64% -27.9%
1Y
-38.61% -55.0%
3Y
-4.80% -87.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

10 more panels on PGY open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+66.59K
Net buying
Buy transactions
19
243.66K shares
Sell transactions
21
177.07K shares
Net transactions
+40
Buys less sells
Sell : buy shares
0.7 : 1
Mixed
Insider-held shares
4.41M
Total on file
Bought 243.66KSold 177.07K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Oct 2, 26
ROSEN TAMI
Director
SELL 1.99K $35.41K Direct
Sep 28, 26
VIEIRA CORY
Officer
SELL 2.17K $36.98K Direct
Sep 28, 26
DAS SANJIV
President
SELL 14.30K $243.67K Direct
Sep 28, 26
DOBRES JONATHAN
Chief Financial Officer
SELL 590 $10.05K Direct
Sep 25, 26
VIEIRA CORY
Officer
— 3.57K — Direct
Sep 25, 26
DAS SANJIV
President
— 25.00K — Direct
Sep 25, 26
DOBRES JONATHAN
Chief Financial Officer
— 1.12K — Direct
Sep 17, 26
DOBRES JONATHAN
Chief Financial Officer
SELL 2.18K $45.93K Direct
Sep 15, 26
DOBRES JONATHAN
Chief Financial Officer
— 4.38K — Direct
Sep 11, 26
ROSEN TAMI
Director
— 15.63K — Direct
Sep 11, 26
DAS SANJIV
President
— 23.75K — Direct
Sep 11, 26
DOBRES JONATHAN
Chief Financial Officer
— 2.24K — Direct
Sep 11, 26
DAS SANJIV
President
SELL 13.30K $268.81K Direct
Sep 11, 26
DOBRES JONATHAN
Chief Financial Officer
SELL 985 $18.00K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
DAS SANJIV
President 173.86K Sale
DAVIS ALISON
Director — Stock Award(Grant)
GOLUB HARVEY
Director 252.36K Stock Award(Grant)
KRUBINER GAL
Chief Executive Officer 555.91K Purchase
MEHTA ASHEET
Director 30.20K Stock Award(Grant)
PERROS EVANGELOS
Former 131.24K Conversion of Exercise of derivative security
PETROZZO DAN
Director 104.90K Stock Award(Grant)
VIEIRA CORY
Officer 25.16K Sale
YULZARI YAHAV HAIM
Officer and Director 4.21M Sale
ZEEVI AVI
Director 160.46K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$1.51B
Enterprise value$1.21B
Revenue (TTM)$1.39B
Gross profit$603.06M
EBITDA$351.62M
Net income$122.54M
EPS (TTM)$1.35
Free cash flow$207.18M
Total cash$1.29B
Total debt$907.34M
Book value / share$7.13
Shares outstanding72.14M
Float70.49M
Short % of float14.35%
Dividend yield0.00%
Beta (5Y)5.52

Valuation & profitability ratios

Account required
Trailing P/E13.37
Forward P/E4.38
PEG ratio0.03
Price / sales—
Price / book2.53
EV / revenue0.87
EV / EBITDA3.44
Gross margin43.39%
Operating margin27.33%
Profit margin9.12%
Return on equity19.46%
Return on assets13.97%
Debt / equity133.65
Current ratio14.58
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $1.26B$1.00B$772.81M$685.41M +25.6%
Operating revenue $1.26B$1.00B$772.81M$685.41M +25.6%
Cost of revenue $749.17M$597.65M$508.94M$451.08M +25.4%
Gross profit $512.17M$406.90M$263.87M$234.33M +25.9%
Research & development $75.21M$76.57M$74.38M$150.93M -1.8%
Selling, general & admin $213.15M$291.19M$253.12M$398.42M -26.8%
Total operating expense $288.36M$367.76M$327.51M$549.35M -21.6%
Operating income $223.81M$39.14M-$63.64M-$315.02M +471.8%
Net interest income $48.43M$32.29M$38.75M$57.76M +50.0%
Pre-tax income $51.63M-$421.12M-$181.17M-$276.37M +112.3%
Tax provision -$19.75M$24.58M$15.57M$16.40M -180.3%
Net income $81.39M-$401.41M-$128.44M-$302.32M +120.3%
Net income to common $77.28M-$401.41M-$128.44M-$314.53M +119.3%
Basic EPS 0.99-5.66-2.14-8.28 +117.5%
Diluted EPS 0.93-5.66-2.14-8.28 +116.4%
EBIT $223.81M$39.14M-$63.64M-$315.02M +471.8%
EBITDA $253.88M$67.89M-$44.51M-$308.73M +273.9%
Basic shares 78.34M70.88M60.04M38.25M +10.5%
Diluted shares 83.10M70.88M60.04M58.30M +17.2%

Options analytics

Account required
Put / call volume
0.90
Call-heavy session
Put / call open interest
1.32
Positioning, not flow
Max pain
20.00
+10.8% from spot
ATM implied vol
67.2%
Nearest strike to spot
Skew (10% OTM)
-2.3%
Calls bid over puts
Call volume
436
Contracts, this expiry
Put volume
391
Contracts, this expiry
Heaviest call OI
20.00
6.13K contracts
Heaviest put OI
16.00
4.33K contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.721.07 +48.0%
Mar 2026 0.560.73 +29.4%
Dec 2025 0.770.80 +4.4%
Sep 2025 0.661.02 +54.9%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.98 9 $382.34M +9.2%
Next quarter 0.95 8 $374.21M +11.8%
Current year 3.70 9 $1.46B +12.3%
Next year 4.12 9 $1.70B +16.3%

Analyst targets & ownership

Account required
Mean target$28.82
High target$36.00
Low target$23.00
Implied upside59.66%
Analyst count11
ConsensusSTRONG BUY
Strong buy / Buy2 / 9
Hold0
Sell / Strong sell0 / 0
Held by insiders5.29%
Held by institutions48.44%
Institutions holding296
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
17.86
+1.05% from price
SMA 20
19.37
-6.79% from price
SMA 50
20.40
-11.50% from price
SMA 100
18.08
-0.14% from price
SMA 200
16.90
+6.82% from price
EMA 12
18.46
-2.25% from price
EMA 26
19.32
-6.55% from price
EMA 50
19.41
-6.99% from price
RSI (14)
41.1
Neutral
MACD (12,26,9)
-0.85
Hist -0.16
ATR (14)
1.04
5.77% of price
Realised vol 30D
60.5%
Annualised
Bollinger upper
22.58
20, 2σ
Bollinger lower
16.16
20, 2σ
50 / 200 cross
Golden
20.40 vs 16.90
Trend bias
Above 200
+6.82%

Options chain

Account required
Expiry
Spot 18.05
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
3.14
More volatile than market
Correlation to SPY
0.55
Loosely linked
Realised vol 30D
60.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-64.9%
Peak to trough
Max drawdown 5Y
-98.1%
Peak to trough
ATR 14
1.04
5.77% of price
Beta (reported)
5.52
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
10.15M
Prior 11.38M
Change vs prior
-10.8%
Shorts covering
% of float
14.35%
Elevated
% of shares out
12.16%
Against total outstanding
Days to cover
4.8
Liquid
Float
70.49M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

69 on file
DateFirm ActionFromTo
Oct 6, 26 TD Cowen MAINTAINED Buy Buy
Sep 29, 26 StoneX MAINTAINED Buy Buy
Aug 18, 26 Jefferies MAINTAINED Buy Buy
Jul 31, 26 B. Riley Securities MAINTAINED Buy Buy
Jul 31, 26 Citizens MAINTAINED Market Outperform Market Outperform
Jul 31, 26 Canaccord Genuity MAINTAINED Buy Buy
May 18, 26 Canaccord Genuity MAINTAINED Buy Buy
Feb 12, 26 Citigroup MAINTAINED Buy Buy
Feb 10, 26 Jefferies MAINTAINED Buy Buy
Feb 10, 26 Benchmark MAINTAINED Buy Buy
Feb 10, 26 Canaccord Genuity MAINTAINED Buy Buy
Jan 20, 26 Jefferies MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split1:12
Split dateMar 8, 2024

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.