Pagaya technologies CFO Perros sells $147k in shares
Pagaya Technologies Ltd.'s CFO, Evangelos Perros, sold 13,004 shares of Class A Ordinary Share for approximately $147,465 after the vesting of restricted stock units. This transaction occurred amidst a 62% drop in the company's stock over the past six months, though InvestingPro analysis suggests the stock is currently undervalued. Pagaya has also recently completed significant auto loan resecuritization and asset-backed securitization deals, with analysts maintaining positive ratings despite adjusted price targets due to slower growth.
Pagaya technologies CFO Perros sells $147k in shares By Investing.com
Pagaya Technologies CFO Evangelos Perros sold 13,004 Class A Ordinary Shares for approximately $147,465 after the vesting of restricted stock units. This transaction comes as the company continues strategic financial maneuvers, including significant auto loan resecuritization deals totaling $850 million. While analysts have adjusted price targets due to slower growth, Pagaya maintains "Buy" and "Market Outperform" ratings from Benchmark and Citizens, respectively.
Pagaya (PGY) CFO exercises 22,766 RSUs, sells 13,004 shares
Pagaya Technologies Ltd.'s CFO, Evangelos Perros, exercised 22,766 restricted stock units (RSUs) into Class A ordinary shares. Concurrently, he sold 13,004 shares at $11.34 each to cover tax withholding obligations associated with the RSU vesting. Following these transactions, Perros directly holds 122,174 Class A ordinary shares.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-2 & Pagaya AI Debt Trust 2026-2
KBRA has assigned preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2026-2 & Pagaya AI Debt Trust 2026-2, an unsecured consumer loan ABS transaction totaling $586.20 million. This transaction represents the 59th publicly rated securitization sponsored by Pagaya Structured Products LLC, a subsidiary of AI-driven financial technology company Pagaya Technologies Ltd. The ratings consider hard credit enhancement levels and methodologies such as KBRA's Consumer Loan ABS Global Rating Methodology.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-2 & Pagaya AI Debt Trust 2026-2
KBRA has assigned preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2026-2 & Pagaya AI Debt Trust 2026-2, an unsecured consumer loan ABS transaction totaling $586.20 million. The transaction is fully prefunded and sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. (NASDAQ: PGY), utilizing its AI-driven credit analysis technology.
Pagaya (PGY) CFO exercises RSUs, sells shares to cover taxes
Pagaya Technologies' CFO, Evangelos Perros, exercised restricted stock units for 20,625 Class A ordinary shares and subsequently sold 8,425 shares at $10.99 each. This sale was conducted to cover tax withholding obligations related to the vesting of a compensatory award. Following these transactions, Perros directly owns 112,412 Class A ordinary shares in the company.
Pagaya Technologies director Rosen sells $64,895 in shares
Pagaya Technologies director Tami Rosen sold 5,905 shares for $64,895, while also exercising options for 15,625 shares. The sale occurred as the stock is near its 52-week low despite appearing undervalued according to InvestingPro. This comes after Pagaya completed a $400 million auto asset-backed securitization and multiple analysts adjusted their price targets due to mixed Q4 2025 results and guidance.
Pagaya (PGY) president sells shares to cover tax on RSU vesting
Pagaya Technologies Ltd.'s president, Sanjiv Das, exercised 23,750 restricted stock units and subsequently sold 9,702 Class A ordinary shares at $10.99 each. This sale, which occurred on March 12, 2026, was explicitly noted as necessary to cover tax withholding obligations associated with the vesting of a compensatory award. Following the transactions, Das directly holds 144,033.538 Class A ordinary shares.
Pagaya (PGY) CDO exercises RSUs, sells 5,905 shares to cover taxes
Pagaya Technologies' Chief Development Officer, Tami Rosen, exercised 15,625 restricted stock units (RSUs) on March 12, 2026. She subsequently sold 5,905 Class A ordinary shares at $10.99 each to cover tax withholding obligations associated with the RSU vesting. After these transactions, Rosen directly holds 47,264 Class A ordinary shares, indicating a typical tax-related sale rather than a discretionary trading decision.
Pagaya (PGY) accounting chief sells shares to cover RSU taxes
Pagaya Technologies Ltd.'s Chief Accounting Officer, Cory Vieira, engaged in equity transactions on March 2, 2026, related to a vesting award. Vieira exercised 5,209 Restricted Stock Units and subsequently sold 2,490 Class A Ordinary Shares at $10.92 per share to cover tax withholding obligations. After these transactions, Vieira directly holds 15,111 Class A Ordinary Shares.
PGYWW - Form S-8 - Securities to be offered to employees in employee benefit plans
Pagaya Technologies Ltd. filed a Form S-8 registration statement with the SEC to register additional Class A Ordinary Shares for issuance under its 2022 Share Incentive Plan, Sub-Plan for Israeli Participants, and 2023 Employee Stock Purchase Plan. The registration covers 11,466,424 Class A Ordinary Shares for the share incentive plans and 738,000 for the employee stock purchase plan, necessitated by annual evergreen provisions. This filing incorporates by reference previous S-8 filings and the company's latest Form 10-K.
PGY | Pagaya Technologies Ltd. Class Stock Data, Price & News
This page provides comprehensive stock data for Pagaya Technologies Ltd. Class A Ordinary Shares (PGY), including real-time price, financial statements, insider trading activity, institutional holdings, and analyst ratings. It also details the company's profile, executive compensation, and various Quiver Quant proprietary metrics like the Smart Score and historical backtested performance data.
Pagaya Technologies (NASDAQ:PGY) Stock Plunges on Cautious 2026 Outlook Despite Q4 Earnings Beat
Pagaya Technologies (NASDAQ:PGY) reported strong Q4 2025 earnings, exceeding EPS estimates and achieving record GAAP profitability for the year. However, the company's cautious outlook for Q1 and full-year 2026 revenue and EBITDA, which falls below analyst consensus, led to a significant stock price plunge in pre-market trading. This indicates that while past performance was strong, future growth projections are tempering investor enthusiasm.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-R1 and Pagaya AI Debt Trust 2026-R1
KBRA has assigned preliminary ratings to eight classes of notes for Pagaya AI Debt Grantor Trust 2026-R1 and Pagaya AI Debt Trust 2026-R1 (PAID 2026-R1), an unsecured consumer loan ABS transaction totaling $386.99 million. This marks the 59th publicly rated securitization sponsored by Pagaya Structured Products LLC, a financial technology company utilizing AI-driven credit analysis. KBRA applied its Consumer Loan ABS Global Rating Methodology, among others, for this analysis, considering Pagaya's historical data and operational reviews.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-R1 and Pagaya AI Debt Trust 2026-R1
KBRA has assigned preliminary ratings to eight classes of notes for the Pagaya AI Debt Grantor Trust 2026-R1 and Pagaya AI Debt Trust 2026-R1, an unsecured consumer loan ABS transaction totaling $386.99 million. This marks the 59th publicly rated securitization sponsored by Pagaya Structured Products LLC, a subsidiary of NASDAQ-listed Pagaya Technologies Ltd. The ratings were based on KBRA's Consumer Loan ABS Global Rating Methodology, considering credit enhancement levels and Pagaya's historical data and operational reviews.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-1 & Pagaya AI Debt Trust 2026-1
KBRA has assigned preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2026-1 & Pagaya AI Debt Trust 2026-1 (PAID 2026-1), an unsecured consumer loan ABS transaction totaling $595.80 million. The transaction is fully prefunded and sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. Pagaya, a financial technology company, utilizes AI-driven credit and analysis technology in the lending marketplace, and this marks their 57th publicly rated securitization.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2026-1 & Pagaya AI Debt Trust 2026-1 (PAID 2026-1), an unsecured consumer loan ABS transaction totaling $595.80 million. The transaction is fully prefunded and sponsored by Pagaya Structured Products LLC, a subsidiary of NASDAQ-listed Pagaya Technologies Ltd. KBRA's analysis incorporated its Consumer Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology.
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 approximately $232,400 on December 19, via a pre-established Rule 10b5-1 trading plan. This sale occurred after Pagaya's shares significantly outperformed the market with a 118.28% one-year return. Despite the insider sale, the company demonstrated strong operational performance with improved net income and raised full-year guidance, suggesting the sale does not undermine the company's broader investment thesis.
Rosen Tami, Pagaya technologies chief development officer, sells $232k in PGY stock
Rosen Tami, Chief Development Officer at Pagaya Technologies Ltd (NASDAQ:PGY), sold 7,561 shares of the company’s Class A Ordinary Shares for a total of $232,383 on December 19, 2025. This transaction was executed under a pre-arranged 10b5-1 trading plan. Following the sale, Tami Rosen now directly owns 37,544 shares of Pagaya Technologies Ltd.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned ratings to five classes of notes from Pagaya AI Debt Grantor Trust 2025-REV1 & Pagaya AI Debt Trust 2025-REV1 (PAID 2025-REV1), an unsecured consumer loan ABS transaction totaling $321.475 million. This transaction is the 58th publicly rated securitization sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. KBRA utilized its Consumer Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology for this analysis.
Rosen Tami, Pagaya technologies chief development officer, sells $232k in PGY stock By Investing.com
Tami Rosen, Chief Development Officer at Pagaya Technologies Ltd (NASDAQ:PGY), sold 7,561 shares of PGY stock for $232,383 on December 19, 2025. This sale was conducted under a pre-arranged 10b5-1 trading plan, leaving Rosen with 37,544 shares. The news follows recent strong financial results and strategic partnerships for Pagaya Technologies.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned ratings to five classes of notes issued by Pagaya AI Debt Grantor Trust 2025-REV1 & Pagaya AI Debt Trust 2025-REV1, an unsecured consumer loan ABS transaction totaling $321.475 million. This transaction is the 58th publicly rated securitization sponsored by Pagaya Structured Products LLC, a financial technology company using AI-driven credit analysis. KBRA applied its Consumer Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology for its analysis.
Rosen Tami, Pagaya technologies chief development officer, sells $232k in PGY stock
Tami Rosen, Chief Development Officer at Pagaya Technologies Ltd, sold 7,561 Class A Ordinary Shares for $232,383 on December 19, 2025, through a pre-arranged trading plan. This transaction follows Pagaya's strong third-quarter 2025 financial results, which surpassed analyst expectations, and significant capital commitments including new asset-backed securitization deals and a partnership with Achieve. The company continues its strategic growth efforts by expanding consumer access to personal loans using its AI-powered underwriting technology.
First Week of PGY August 2026 Options Trading
New options for Pagaya Technologies Ltd. (PGY) with an August 2026 expiration have started trading this week. This article analyzes a put contract at a $23.00 strike price and a call contract at a $24.00 strike price, highlighting potential premium collection, cost basis reduction, and annualized returns for investors. It also discusses the implied volatility and the odds of these contracts expiring worthless.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-REV1 & Pagaya AI Debt Trust 2025-REV1
KBRA has assigned preliminary ratings to five classes of notes issued by Pagaya AI Debt Grantor Trust 2025-REV1 & Pagaya AI Debt Trust 2025-REV1 (collectively "PAID 2025-REV1"), an unsecured consumer loan ABS transaction totaling $321.475 million. Pagaya Technologies, listed on NASDAQ (PGY), is the parent company of the sponsor, Pagaya Structured Products LLC, and uses AI-driven credit analysis. This transaction marks the 58th publicly rated securitization sponsored by Pagaya, with KBRA applying its Consumer Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology for its analysis.
Pagaya Technologies Executives Sell Shares to Cover Tax Obligations
Several executives at Pagaya Technologies Ltd. have sold shares to cover tax obligations arising from compensatory awards. Sanjiv Das, Tami Rosen, and Perros Evangelos, all 10% owners and executives, divested Class A Ordinary Shares at $22.35 per share. These transactions were reported via Form 4 filings, detailing the amounts and subsequent direct shareholdings of each executive.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-REV1 & Pagaya AI Debt Trust 2025-REV1
KBRA has assigned preliminary ratings to five classes of notes from Pagaya AI Debt Grantor Trust 2025-REV1 & Pagaya AI Debt Trust 2025-REV1 (PAID 2025-REV1), an unsecured consumer loan ABS transaction totaling $321.475 million. The transaction is fully prefunded with a 24-month Revolving Period, and credit enhancement levels range from 79.42% to 9.72%. Pagaya Technologies Ltd. (NASDAQ: PGY), an AI-driven financial technology company, sponsors the securitization.
Pagaya Technologies Ltd. Class A Ordinary Shares (PGY) Stock Price Today & Analysis
This article provides an analysis of Pagaya Technologies Ltd. (PGY) stock, including its fundamental financials, corporate actions, and valuation metrics. It also offers a guide on how to buy PGY stock through the Gotrade app, explains the minimum investment, addresses dividend payments, and clarifies market hours for trading. The content emphasizes that Pagaya is an AI network for financial institutions focusing on credit decisioning.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned ratings to 13 classes of notes for Pagaya AI Debt Grantor Trust 2025-8 and Pagaya AI Debt Trust 2025-8 (PAID 2025-8), an unsecured consumer loan ABS transaction totaling $498.5 million. The transaction is fully prefunded and leveraged Pagaya Technologies Ltd.'s AI-driven credit analysis. KBRA's analysis incorporated its Consumer Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology.
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6
KBRA has assigned preliminary ratings to seven classes of notes for Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6 (RPM 2025-6), an auto loan ABS transaction. This transaction involves the issuance of $399.20 million in notes and is fully prefunded without collateral at closing. Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. (NASDAQ: PGY), sponsors the securitization, leveraging its AI-driven financial technology.
Pagaya Technologies Ltd Files New Registration Statement
Pagaya Technologies Ltd announced the filing of a new registration statement (Form S-3SAR) on December 5, 2025, to meet existing obligations and replace an expired Form F-3. This filing does not involve the offering or sale of new securities but registers Class A shares from warrant exercises and includes updated financial data for 2023 and 2024 to ensure compliance with their Registration Rights Agreement.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned ratings to seven classes of notes for Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6, totaling $399.20 million. This auto loan ABS transaction is fully prefunded and sponsored by Pagaya Structured Products LLC, a subsidiary of publicly traded Pagaya Technologies Ltd. The analysis incorporated KBRA's Auto Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology, along with operational reviews of Pagaya and third-party originators/servicers.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-8 & Pagaya AI Debt Trust 2025-8, an unsecured consumer loan ABS transaction totaling $498.5 million. The transaction is fully prefunded and sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. KBRA utilized its Consumer Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology for the analysis.
PGY Makes Bullish Cross Above Critical Moving Average
Shares of Pagaya Technologies Ltd. - Class A Ordinary Shares (PGY) experienced a bullish cross above their 200-day moving average, reaching $22.99 per share on Monday. The stock is currently trading up about 4.4% on the day, with its 52-week range spanning from $8.27 to $44.99 and a last trade of $22.51. This upward movement indicates potential positive momentum for the company.
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6
KBRA has assigned preliminary ratings to seven classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6 (collectively "RPM 2025-6"), an auto loan ABS transaction. This transaction, sponsored by Pagaya Structured Products LLC, involves the issuance of $399.20 million in notes and is fully prefunded with no collateral at closing. Pagaya Technologies, a publicly traded financial technology company utilizing AI-driven credit analysis, is the parent company.
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6
KBRA has assigned preliminary ratings to seven classes of notes for Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6 (RPM 2025-6), an auto loan ABS transaction. This transaction, structured as fully prefunded, will issue notes totaling $399.20 million, with proceeds funding the prefunding account, reserve account, and transaction expenses. Pagaya Structured Products LLC, a subsidiary of NASDAQ-listed Pagaya Technologies Ltd. (PGY), is the sponsor, leveraging machine learning and AI for credit analysis in the lending marketplace.
Pagaya (PGY) Q3 2025 Earnings Call Transcript
Pagaya Technologies Ltd. reported strong Q3 2025 results with third consecutive GAAP net income profitability, record network volume of $2.8 billion, and a 91% increase in adjusted EBITDA. The company highlighted disciplined operational execution, diversification of funding sources, and a significant increase in new partners in its onboarding pipeline. Management emphasized their B2B model and product-led growth strategy as key drivers for sustainable long-term expansion in consumer credit.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned preliminary ratings to eight classes of notes for the Pagaya AI Debt Grantor Trust 2025-R3 and Pagaya AI Debt Trust 2025-R3, an unsecured consumer loan ABS transaction totaling $422.30 million. This marks the 53rd publicly rated securitization sponsored by Pagaya Structured Products LLC, a company that utilizes AI-driven credit and analysis technology. The ratings were determined using KBRA's Consumer Loan ABS Global Rating Methodology, among others, with initial hard credit enhancement levels ranging from 48.05% to 7.50%.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-7 & Pagaya AI Debt Trust 2025-7
KBRA has assigned preliminary ratings to 13 classes of notes for Pagaya AI Debt Grantor Trust 2025-7 and Pagaya AI Debt Trust 2025-7 (PAID 2025-7), an unsecured consumer loan ABS transaction. The transaction, sponsored by Pagaya Structured Products LLC, involves the issuance of 14 classes of notes totaling $500.0 million and is fully prefunded. Pagaya Technologies Ltd. (NASDAQ: PGY), the parent company, utilizes AI-driven credit and analysis technology in the lending marketplace.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-7 & Pagaya AI Debt Trust 2025-7
KBRA has assigned preliminary ratings to 13 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-7 and Pagaya AI Debt Trust 2025-7 (PAID 2025-7), an unsecured consumer loan ABS transaction totaling $500.0 million. This transaction is the 51st publicly rated securitization sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. The ratings are based on KBRA's Consumer Loan ABS Global Rating Methodology, among others, and credit enhancement levels range from 82.79% for Class A-1 Notes to 1.36% for Class F Notes.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned preliminary ratings to 13 classes of notes for Pagaya AI Debt Grantor Trust 2025-7 and Pagaya AI Debt Trust 2025-7 (PAID 2025-7), an unsecured consumer loan ABS transaction totaling $500.0 million. This fully prefunded transaction is sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. (PGY), which leverages AI-driven credit analysis. KBRA's analysis incorporated its Consumer Loan ABS Global Rating Methodology, Global Structured Finance Counterparty Methodology, and ESG Global Rating Methodology, along with operational reviews of Pagaya and Platform Sellers.
Pagaya Technologies Ltd. Experiences Revision in Stock Evaluation Amid Market Dynamics - Markets Mojo
Pagaya Technologies Ltd. has seen its stock evaluation revised due to market dynamics, with significant volatility shown in its recent trading range. Despite mixed technical indicators, the company has substantially outperformed the S&P 500 in year-to-date and annual returns, demonstrating strong growth potential. Key factors include very positive results in June 2025, high institutional holdings, and market-beating performance in both the long and near term.
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-5 and Research-Driven Pagaya Motor Trust 2025-5
KBRA has assigned preliminary ratings to seven classes of notes for Research-Driven Pagaya Motor Asset Trust 2025-5 and Research-Driven Pagaya Motor Trust 2025-5, an auto loan ABS transaction totaling $367.40 million. The transaction is fully prefunded without collateral at closing and is sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. (NASDAQ: PGY). KBRA's analysis included its Auto Loan ABS Global Rating Methodology and the Company's historical static pool data.
Amprius Technologies Leads Six-Month Stock Performance with 365.92% Return
Amprius Technologies, Inc. led the past six months in stock performance with a 365.92% return, followed by Sol-Gel Technologies Ltd. at 327.34%. Other top performers included Pagaya Technologies Ltd., Village Farms International, Inc., and Credo Technology Group Holding Ltd. These results demonstrate robust investment opportunities across diverse sectors, especially within small and micro-cap stocks.
Amprius Technologies Leads Six-Month Stock Performance with 348.04% Return
Amprius Technologies, Inc. led several stocks with significant six-month returns, achieving 348.04%. Other strong performers included Sol-Gel Technologies Ltd. (334.27%), Pagaya Technologies Ltd. (293.84%), Village Farms International, Inc. (281.71%), and Universal Security Instruments, Inc. (255.43%). These companies span sectors like Electronics, Pharmaceuticals, Software, Capital Markets, and IT, highlighting potential for substantial gains across diverse investment categories.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-6 and Pagaya AI Debt Trust 2025-6
KBRA has assigned preliminary ratings to 12 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-6 and Pagaya AI Debt Trust 2025-6 (PAID 2025-6), an unsecured consumer loan ABS transaction. This transaction is the 49th publicly rated securitization sponsored by Pagaya, a financial technology company using AI-driven credit and analysis technology in the lending marketplace. The ratings are based on initial hard credit enhancement levels and KBRA's comprehensive methodology, including operational reviews and historical data analysis.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned ratings to eight classes of notes for Pagaya AI Debt Grantor Trust 2025-R2 and Pagaya AI Debt Trust 2025-R2 (PAID 2025-R2), an unsecured consumer loan ABS transaction totaling $319.51 million. Pagaya Technologies Ltd. (NASDAQ: PGY), a financial technology company using AI and machine learning for lending, is the sponsor. This marks their 49th publicly rated securitization, with KBRA utilizing its Consumer Loan ABS Global Rating Methodology and other relevant methodologies for analysis.
Pagaya Technologies Reports Strong Q2 2025 Results
Pagaya Technologies (PGY) announced strong financial results for Q2 2025, marking its second consecutive quarter of positive GAAP net income and leading to raised full-year guidance. The company achieved record-breaking metrics including $17 million in net income, $86 million in adjusted EBITDA, and $326 million in total revenue. Pagaya also expanded its offerings with the first AAA-rated Auto ABS and Point-of-Sale ABS structures and issued $500 million in senior unsecured notes.
Credit Rating Analysis Agency | Bond Rating Agency
KBRA has assigned preliminary ratings to eight classes of notes for the Pagaya AI Debt Grantor Trust 2025-R2 and Pagaya AI Debt Trust 2025-R2 (PAID 2025-R2) transaction, an unsecured consumer loan ABS. The total issuance is $319.51 million, with initial hard credit enhancement levels ranging from 44.29% for Class A Notes to 5.44% for Class E Notes. This transaction marks the 49th publicly rated securitization sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. (NASDAQ: PGY), a financial technology company utilizing AI and machine learning for credit analysis.
KBRA Assigns Ratings to Pagaya AI Debt Grantor Trust 2025-5 and Pagaya AI Debt Trust 2025-5
KBRA has assigned ratings to 12 classes of notes for Pagaya AI Debt Grantor Trust 2025-5 and Pagaya AI Debt Trust 2025-5 (PAID 2025-5), an unsecured consumer loan ABS transaction totaling $490.0 million. This marks the 47th publicly rated securitization sponsored by Pagaya Structured Products LLC, a subsidiary of Pagaya Technologies Ltd. (NASDAQ: PGY), which uses AI-driven technology in the lending marketplace. KBRA applied its Consumer Loan ABS, Global Structured Finance Counterparty, and ESG Global Rating Methodologies for its analysis.
