Pagaya Technologies Ltd. (NASDAQ:PGY) shareholders (or potential shareholders) will be happy to see that the Chief Revenue Officer, Yahav Yulzari, recently bought a whopping US$610k worth of stock, at a price of US$10.17. Not only is that a big swing, but it increased their holding size by 25%, which is definitely great to see.

See our latest analysis for Pagaya Technologies

Pagaya Technologies Insider Transactions Over The Last Year

Notably, that recent purchase by Yahav Yulzari is the biggest insider purchase of Pagaya Technologies shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of US$11.46. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While Pagaya Technologies insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Pagaya Technologies

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Pagaya Technologies insiders own 20% of the company, currently worth about US$153m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Pagaya Technologies Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Pagaya Technologies. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Pagaya Technologies. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Pagaya Technologies.

Of course Pagaya Technologies may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.