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EdgarHawk

Pardo Avital

Chief Technology Officer

Director Officer
5 filings analyzed · 1 company · Latest 2025-06-25

Companies

Company Buys Sells Direction
Pagaya Technologies Ltd. PGY 0 10 Net selling

Activity

June 2025
high
Sell
294,243 shares
$5,814,377
Significance 6/10

CTO Avital sold 294,243 shares for $5,814,377.10 across 2 transactions; retains 802,961 shares post-sale

Pardo Avital, Chief Technology Officer, executed 2 separate sales totaling 294,243 shares for $5,814,377.10 at an average price of $19.76 per share. This represents a 26.8% reduction in his pre-transaction holdings of 1,097,204 shares. The sales occurred at prices near the 52-week range ceiling ($19.96), with the stock currently trading at $19.18, down 3.9% from that high. Across his cross-ticker track record, Avital's 8 prior sells averaged a 90-day return of -19.4% with a 100% well-timed rate, indicating his historical sells have preceded stock declines; however, at PGY specifically, his 5 prior trades show mixed outcomes with none yet measurable at the 90-day horizon. The company remains unprofitable on a full-year basis despite quarterly net income of $7,893,000.00 and 27.1% annual revenue growth, creating uncertainty about long-term earnings sustainability that may inform capital allocation decisions at the executive level.

medium
Sell
53,852 shares
$1,025,463
Significance 5/10

PGY CTO Pardo Avital sold 53,852 shares across 2 separate sales for $1,025,462.63; stock at 52-week highs after +30.6% 30-day surge

Pardo Avital, CTO of Pagaya Technologies, executed two separate sales on 2025-06-12 and 2025-06-16, disposing of 53,852 shares (53.9K shares) at a blended average price of $19.04, raising $1,025,462.63 ($1.0M). This represents a -4.6% reduction from his pre-transaction holdings of 1,164,072 shares (1.16M shares), leaving him with 1,110,220 shares (1.11M shares) post-transaction. The sales occurred while PGY traded at its 52-week high of $18.67 (current price), following a +30.6% surge over the preceding 30 days and a +64.5% gain over 90 days, suggesting the executive was selling into a significant run-up. His prior trading pattern at this same ticker shows five consecutive sell transactions between 2025-05-07 and 2025-05-13, each well-timed relative to near-term price movements (30-day post-sale gains of +20.0% to +43.1%), though longer-term outcomes remain unmeasurable. The company reported $289,989,000.00 ($290.0M) in latest-quarter revenue with +27.1% annual growth, but remains unprofitable on a full-year basis with net income of $7,893,000.00 ($7.9M) in the latest quarter only. The sustained selling pattern by the CTO, coinciding with strong price momentum and prior profit-taking, warrants attention to whether recent gains are sustainable given the company's underlying profitability trajectory.

May 2025
high
Sell
355,559 shares
$5,381,576
Significance 7/10

Pagaya CTO Pardo Avital sold 355,559 shares for $5,381,575.86 at $15.14 blended average (May 12-13)

Pardo Avital, Chief Technology Officer of Pagaya Technologies, executed 3 separate sales totaling 355,559 shares for $5,381,575.86, reducing his holdings by 12.9% from 2.76M to 2.40M shares. The sales occurred at $15.16 and $15.08, just 0.12% to 1.2% above the current price of $14.96, within a 52-week range of $8.54–$16.95. Across his cross-ticker track record, his prior 3 sells achieved a 90-day well-timed rate of 100.00% (average 90d return -19.4%, meaning the stock fell after he sold), while his same-ticker history at PGY shows 2 of 2 prior measurable trades were well-timed at the 90-day mark. Notably, the company is currently unprofitable despite 27.1% annual revenue growth and $290.0M quarterly revenue, which may inform the timing context of this substantial CTO divestiture.

high
Sell
165,466 shares
$2,026,490
Significance 6/10

Pagaya CTO Pardo Avital sold 165,466 shares across 2 transactions for $2,026,489.53 on 2025-05-07–05-08, reducing holdings by 58.7%.

Pardo Avital, Chief Technology Officer, executed two separate open-market sales totaling 165,466 shares (165.5K shares) for $2,026,489.53 ($2.0M) at an average price of $12.25 per share, reducing his holdings from 281,925 shares to 116,459 shares—a 58.7% reduction. This large, rapid disposal of more than half his stake stands in contrast to his prior trading pattern at Pagaya: his last sale on 2024-11-11 was followed by a 90-day return of -19.4%, and his prior buy on 2024-04-04 was followed by a +31.7% return, showing a 100% well-timed rate on the two prior trades at this ticker. The current stock price of $14.58 is 19.0% above the blended transaction price of $12.25, suggesting this sale preceded a subsequent rise in valuation. While Pagaya shows strong growth fundamentals (revenue $289,989,000.00 with +27.1% annual growth), the company remains unprofitable on a full-year basis, leaving visibility into sustainable profitability uncertain despite recent operational momentum.

November 2024
high
Sell
150,000 shares
$2,325,165
Significance 6/10

CTO Pardo Avital sold 150.0K shares of PGY at $15.50, reducing stake 34.6% to 283.1K shares; stock now at $10.88

Avital divested $2.3M in stock at $15.50 per share on 2024-11-11, significantly reducing his holdings by 34.6% in a single transaction. The stock has since declined to $10.88, currently -44.4% from its 52-week high of $19.56, suggesting the sale was executed at a relatively stronger price point. Pagaya remains deeply unprofitable with $-67.5M in net income against $257.2M in quarterly revenue, and the company's 8.4% annual revenue growth is modest relative to the operational losses. While Avital's single prior buy at PGY on 2024-04-04 yielded a 90-day return of +31.7%, this current large sale represents a material shift in his position structure at a time when the stock trades well below its recent highs.

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