Are PGY insiders and hedge funds buying or selling?

Roarable's SEC Form 4 and 13F Whale Thermometer currently classifies PGY leadership and institutional positioning as: HEAVY INSIDER & 13F ACCUMULATION.

Stock Ratings / Financials / PGY / insiders

WLTH (50) TRIN (41) HAPN (37) PWP (51) ⌘ Pro Terminal →

Pagaya Technologies Ltd. (Class A) (PGY) Insider, 13F Hedge Fund & Politician Buy/Sell Thermometer

$18.13 -5.72% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $17.99

Pagaya Technologies Ltd. (Class A) (PGY) earns a Roarable Rating of B- (Buy) with 70/100 RQD Confidence. High-quality cash engine (steady margins, 85% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

ROARABLE B- • BUY Cap $1.60B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on PGY Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is PGY stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Pagaya Technologies Ltd. (Class A) (NASDAQ: PGY) is rated B- (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 70/100 at a spot price of $18.13 (-5.72% 1D, market cap $1.60B). Pillar breakdown: Fundamental Cash Engine 19/20, Institutional 13F & Options Flow 10/20, SEC Balance-Sheet Forensics 13/20, FRED Macro Regime Fit 11/20, and Executive Insider Alignment 17/20. Across 1097 tracked Financials issuers, PGY ranks #108 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does PGY compare to WLTH and TRIN in the Financials sector?

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Within the Financials sector (Finance: Consumer Services), PGY carries a Roarable B- (70/100 RQD), trailing P/E of 21.3x, gross margin of —, and ROIC of 85.0%. By comparison, WLTH (Wealthfront Corporation) holds a D grade (50/100 RQD, P/E N/A, ROIC -6.8%, cap $1.60B) and TRIN (Trinity Capital Inc.) posts a D- grade (41/100 RQD, P/E N/A, ROIC —, cap $1.61B). Among the 5-stock peer group, HAPN leads on earnings multiple (13.6x) while PGY leads on capital efficiency (85.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for PGY?

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Per PGY's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001883085), Pagaya Technologies Ltd. (Class A) generated $1.26B in revenue (+25.6% YoY), $81.4M in net income, and $224.7M in free cash flow against $1.55B in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $17.99 (-0.79%)🧬 Cannibal Buyback (-2.64% YoY Shares)⚙️ Cash Engine: 19/20 (A+) • 17.8% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 70/100 (B-) historically ranked in the Top 15% of excess returns over the next 90 days (+6.6% avg 90D alpha vs SPY • 68.1% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERBUY • B-

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B+ · Rk C-

Each axis scored 0–20

12M PRICE TARGET CONE+5.4% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for PGY)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (70/100 Composite)

🔍 WHY PGY SCORES 70/100 (B-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+19/20 pts (27% of score)

SEC XBRL FY 2025 (10-K): 17.8% FCF Margin ($224.7M FCF) & 52% Gross Margin

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+17/20 pts (24% of score)

SEC Form 4 / 13F Thermometer: 85% Net Buy • Cannibal Buyback (-2.64% YoY Shares)

▼ #1 Drag / Risk Factor: Whale & Options Positioning10/20 pts (-10 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-10 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C+$17.82+2.9% Next Q

Q2 (-2Q)

Grade C+$18.34+7.8% Next Q

Q3 (-1Q)

Grade B-$19.77-8.3% Next Q

Current

Grade B-$18.13+6.6% Hist 90D α

Trajectory: C+ (62) → B- (70)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the PGY Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 70/100 (B-) score, PGY faces multiple-compression risk if 21.3x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.64% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($19.68) or 200D SMA ($16.46) invalidates the momentum regime and cuts Target Base ($19.11) toward Bear Floor ($14.87).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $PGY• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “PGY Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 70%NO 30%Trade / Inspect Odds →

SEC FORM 4 × 13F HEDGE FUNDS × CONGRESSIONAL STOCK ACT

PGY Smart-Money Thermometer: HEAVY INSIDER & 13F ACCUMULATION

Explore All 13F & Congress Whales →

▲ Disclosed Buys: 0 ($0)▼ Disclosed Sales: 0 ($0)

Wide-Open SEC Form 4, 13F & Congressional Disclosure Ledger (PGY)

No recent open-market Form 4 cluster sales or emergency dumps flagged on PGY. Visit the Global 13F & Congressional Whale Ledger for cross-market smart-money filings.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Quantitative Research Desk

Scheduled RQD Strong Buys & Whale Accumulation Briefing (PGY Tape Review)

✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
✓Forensic Red-Light accounting & dilution traps to review on your watchlist
✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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Join Founding VIP Waitlist (No Card Required) →$100K Arena

PGY // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +26.25%📐 WEDGE COMPRESSION COIL

2026-11-03O $20.81H $20.81L $18.13C $18.13VOL 2.41M

RES: $20.97SUP: $16.60SMA50: $19.68SMA200: $16.46

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

PGY Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 PGY Butterfly Map → + Track PGY →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

15.0%/yr Implied 5Y Growth

vs. +25.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on PGY today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for PGY. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for PGY today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (PGY)

Financials Rank #108 of 1097 ⚔️ WLTH vs PGY Full Matrix →

1. Head-to-Head Financials Peer Comparison (PGY vs. WLTH, TRIN, HAPN, PWP)

Industry: Finance: Consumer Services (156 Tracked Issuers)

Across 1097 tracked Financials securities in the Roarable RQD universe, Pagaya Technologies Ltd. (Class A) (PGY) ranks #108 by composite RQD confidence (70/100, grade B-) and #469 by equity capitalization ($1.60B). Within this direct 5-issuer industry benchmark cohort, HAPN leads on earnings valuation at 13.6x trailing P/E, while PGY leads on capital efficiency and profitability with 85.0% ROIC and — gross margin. PGY currently leads its immediate peer cohort in composite quantitative strength at 70/100 (B-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
PGY ACTIVE Pagaya Technologies Ltd. (Class A)	B-	70/100	21.3x	—	85.0%	-5.72%	$1.60B	Benchmark Subject
WLTH Wealthfront Corporation	D	50/100	—	—	-6.8%	+1.66%	$1.60B	/wlth-vs-pgy →
TRIN Trinity Capital Inc.	D-	41/100	—	—	—	+1.00%	$1.61B	/trin-vs-pgy →
HAPN Happen Inc.	D-	37/100	13.6x	—	9.0%	+0.26%	$1.79B	/hapn-vs-pgy →
PWP Perella Weinberg Partners (Class A)	D	51/100	28.4x	—	55.7%	-1.76%	$1.43B	/pwp-vs-pgy →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001883085 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Pagaya Technologies Ltd. (Class A) (PGY) reported GAAP revenue of $1.26B (+25.6% vs. FY2024 revenue of $1.00B , and +63.2% cumulative change since FY2023) , GAAP net income of $81.4M, operating cash flow of $238.6M, and free cash flow of $224.7M (+648.7% YoY). On the balance sheet, PGY closed FY2025 with $1.55B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 6/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$1.26B	$81.4M	$238.6M	$224.7M	$1.55B	—
FY2024 (FY)	2024-12-31	$1.00B	-$401.4M	$47.8M	$30.0M	$1.29B	—
FY2023 (FY)	2023-12-31	$772.8M	-$128.4M	-$21.7M	-$21.7M	—	—

3. PGY Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is PGY stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does PGY compare to WLTH and TRIN in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for PGY?

Where is PGY trading relative to its 50-day, 200-day, and 52-week technical levels?

PGY last traded at $18.13 (-5.72% on volume of 2,088,863 shares), positioning the stock -7.88% below its 50-day simple moving average ($19.68) and +10.15% above its 200-day simple moving average ($16.46). Across its 52-week range of $10.40 to $29.75, PGY sits at the 39.9% percentile with a 14-day RSI of 50.5 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($15.86 to $20.40).

Direct Sub-Reports: PGY RQD Cockpit PGY 12M Forecast PGY Earnings & Move PGY Dividends & DRIP PGY Insiders & 13F PGY Whale Options PGY Profit Sankey PGY News & Why

ROARABLE RATING BRIEF • RQD 70/100 (B-) ✓ SEC XBRL & RQD VERIFIED

PGY — Pagaya Technologies Ltd. (Class A): What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Pagaya Technologies Ltd. (Class A) (PGY) earns a live Roarable RQD composite score of 70/100, corresponding to a B- letter grade (Roarable Buy) at a spot price of $18.13 (-5.72% 1D, market capitalization $1.60B).

Fundamental Cash Engine (19/20): Anchored by return on invested capital (ROIC) of 85.0%, gross margin of —, operating margin of 20.9%, and free cash flow yield of 12.94%.
Whale 13F & Options Flow (10/20) + Insider Conviction (17/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (11/20) + Forensic Balance Sheet (13/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 6/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Pagaya Technologies Ltd. (Class A) (PGY) is a NASDAQ-listed issuer classified in the Financials sector, Finance: Consumer Services industry,..7B.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Pagaya Technologies Ltd. (Class A) (PGY) reported $1.26B in annual revenue (up from $1.00B in FY2024, +25.6% YoY) and $81.4M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($772.8M revenue, -$128.4M net income) through FY2025, PGY scaled operating cash flow to $238.6M and free cash flow to $224.7M, backed by $1.55B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (B- • RQD 70/100): Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Company leadership has skin in the game with net positive insider conviction. With Fundamental Cash Engine at 19/20 and Institutional Whale Flow at 10/20, sustained execution supports upside toward the upper end of the $10.40 – $29.75 52-week range.
🐻 Primary Bear Case & Valuation Risk: Broader market pullbacks can still drag down strong stocks in the short run. Investors must weigh 21.3x trailing P/E and 5.4x EV/EBITDA against 20.9% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Finance: Consumer Services (Financials), PGY carries a macro regime beta of 1.00 and gross margin of —.

Key Question #1: Can PGY sustain or expand its 20.9% operating margin and 85.0% ROIC against Finance: Consumer Services peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $1.26B and free cash flow of $224.7M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is PGY's 17.9x forward P/E multiple to Financials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

PGY Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Pagaya Technologies Ltd. (Class A) (PGY) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to PGY Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 21h ago

Why Pagaya Technologies Ltd. (PGY) Outpaced the Stock Market Today

Yahoo Finance report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH The Motley Fool • 1d ago

Why Pagaya Stock Dropped 20% in September

The Motley Fool report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

Pagaya Technologies: Stuck In The Fintech Discount Isle (NASDAQ:PGY)

Seeking Alpha report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

Should You Buy, Hold or Sell Pagaya Stock Ahead of Q3 Earnings?

TradingView report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 1d ago

A 100th loan-backed deal puts Pagaya’s lifetime issuance above $44 billion.

Stock Titan report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Simply Wall St • 1d ago

Pagaya (PGY) Stock Sinks Despite Q3 Earnings Margin Breakthrough

Simply Wall St report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Does Pagaya Technologies’ (PGY) New Funding Facility Subtly Redefine Its Capital-Light Growth Narrative?

Yahoo Finance report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST TradingView • 1d ago

PGY vs. OMF: Which Consumer Lending Stock Has Better Growth Potential?

TradingView report covering Pagaya Technologies Ltd. (Class A) (PGY) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

PGY Bull vs. Bear Conversation Board — What's Your Call at $18.13?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON PGY 🐻 33% BEARISH CONVICTION

DE DeltaGamma_99 RQD DEBATE OPENER • Options Flow Specialist 🐂 BULLISH 🎯 Target: $23.46 (+22.0%)

📌 Pinned Debate

High 85% ROIC and a 12.94% FCF yield, with FY 2025 operating income of $263.8M, point to a strong cash engine.

Picked up a starter position in PGY in my $100K Virtual Cash book at $19.23. High 85% ROIC and a 12.94% FCF yield, with FY 2025 operating income of $263.8M, point to a strong cash engine.. Trading inside a $10.40–$29.75 52-week range with 12.94% FCF yield gives solid downside support if Finance: Consumer Services multiples expand this quarter.

CapAlloc_Nerd 🐂 BULL

@RiskArb_Desk Fair point on 21.3x trailing P/E, but you're ignoring the forward operating leverage in Finance: Consumer Services. If gross margin (0.0%) holds, EPS grows into the multiple faster than bears think.

RI RiskArb_Desk RQD DEBATE OPENER • Hedged Event Driven 🐻 BEARISH 🎯 Target: $15.00 (-22.0%)

Spot @ $19.23

A 1.0 beta, a 52-week range of $10.4 to $29.75, and a Forensic score of 13/20 signal volatility and a moderate balance sheet.

Here is the bear case nobody on the bull side wants to address on PGY: A 1.0 beta, a 52-week range of $10.4 to $29.75, and a Forensic score of 13/20 signal volatility and a moderate balance sheet.. At 21.3x trailing P/E, even a small guidance miss in Finance: Consumer Services triggers a 12-15% air pocket.