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News  ›  The Motley Fool

Pagaya Insider Sells $1.7 Million in Stock as Shares Significantly Outperform the Market

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
Pagaya Insider Sells $1.7 Million in Stock as Shares Significantly Outperform the Market

Tami Rosen, chief development officer of Pagaya Technologies, sold 7,561 shares worth $232,400 on December 19 under a pre-established trading plan. Despite the insider sale, the stock has surged 118% over the past year, driven by strong operational performance including record revenue of $350 million and a $90 million year-over-year improvement in net income. The sale represents a modest position reduction rather than a structural shift in ownership.

Insights
JPMpM   neutral

Mentioned as launching tokenization initiatives without specific details about success or scale


PGY   positive

Despite insider selling, the company demonstrates strong fundamentals with 118% one-year stock performance, record revenue of $350 million, GAAP net income of $23 million (up $90 million YoY), and 91% adjusted EBITDA growth. The insider sale was executed under a pre-established Rule 10b5-1 trading plan, removing discretionary timing concerns. Management raised full-year guidance, indicating confidence in continued execution and operational leverage.