Latest news with #PagayaTechnologies
Yahoo
6 days ago
- Automotive
- Yahoo
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-3 and Research-Driven Pagaya Motor Trust 2025-3
NEW YORK, June 03, 2025--(BUSINESS WIRE)--KBRA assigns preliminary ratings to seven classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2025-3 and Research-Driven Pagaya Motor Trust 2025-3 (collectively "RPM 2025-3"), an auto loan ABS transaction. RPM 2025-3 has initial credit enhancement levels of 51.48% for the Class A notes to 1.28 % for the Class F notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (except for the Class F notes), a cash reserve account funded at closing, and excess spread. RPM 2025-3 will issue seven classes of notes totaling $300.0 million. The proceeds from the sale of the notes and collections will be used to fund: (i) the prefunding account, (ii) the reserve account, and (iii) pay certain transaction expenses. RPM 2025-3 is a fully prefunded transaction where there is no collateral funded at closing and the notes are initially supported by amounts deposited in the prefunding account. Pagaya Structured Products LLC, the sponsor and administrator, is a 100% owned subsidiary of Pagaya US Holding Company LLC (formerly known as Pagaya Investments US LLC), which is a 100% owned subsidiary of Pagaya Technologies Ltd. ("Pagaya Technologies"), an Israeli corporation. Pagaya Technologies is a financial technology company in the lending marketplace that uses machine learning, big data analytics, and AI-driven credit and analysis technology. Pagaya Technologies is currently a publicly traded company listed on the NASDAQ (PGY). This transaction is the 44th publicly rated securitization sponsored by Pagaya Structured Products LLC (collectively with its affiliates, "Pagaya" or the "Company"). KBRA applied its Auto Loan ABS Global Rating Methodology, as well as its Global Structured Finance Counterparty Methodology and ESG Global Rating Methodology, as part of its analysis of the transaction's proposed capital structure and Pagaya's historical static pool data. KBRA considered its operational reviews of Pagaya and the third-party originators and servicers, as well as periodic update calls with the Company and the third-party originators and servicers. KBRA has recently conducted surveillance on each third-party originators and servicers KBRA-rated securitizations. Operative agreements and legal opinions will be reviewed prior to closing. To access ratings and relevant documents, click here. Click here to view the report. Methodologies ABS: Consumer Loan ABS Global Rating Methodology Structured Finance: Global Structured Finance Counterparty Methodology ESG Global Rating Methodology Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009739 View source version on Contacts Analytical Contacts Melvin Zhou, Managing Director (Lead Analyst)+1 Juhi Paranjape, Associate+1 Vicky Xiao, Senior Analyst+1 Dan DePaulo, Senior Analyst+1 Hollie Reddington, Senior Director (Rating Committee Chair)+1 Business Development Contact Arielle Smelkinson, Senior Director+1
Yahoo
6 days ago
- Automotive
- Yahoo
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-3 and Research-Driven Pagaya Motor Trust 2025-3
NEW YORK, June 03, 2025--(BUSINESS WIRE)--KBRA assigns preliminary ratings to seven classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2025-3 and Research-Driven Pagaya Motor Trust 2025-3 (collectively "RPM 2025-3"), an auto loan ABS transaction. RPM 2025-3 has initial credit enhancement levels of 51.48% for the Class A notes to 1.28 % for the Class F notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (except for the Class F notes), a cash reserve account funded at closing, and excess spread. RPM 2025-3 will issue seven classes of notes totaling $300.0 million. The proceeds from the sale of the notes and collections will be used to fund: (i) the prefunding account, (ii) the reserve account, and (iii) pay certain transaction expenses. RPM 2025-3 is a fully prefunded transaction where there is no collateral funded at closing and the notes are initially supported by amounts deposited in the prefunding account. Pagaya Structured Products LLC, the sponsor and administrator, is a 100% owned subsidiary of Pagaya US Holding Company LLC (formerly known as Pagaya Investments US LLC), which is a 100% owned subsidiary of Pagaya Technologies Ltd. ("Pagaya Technologies"), an Israeli corporation. Pagaya Technologies is a financial technology company in the lending marketplace that uses machine learning, big data analytics, and AI-driven credit and analysis technology. Pagaya Technologies is currently a publicly traded company listed on the NASDAQ (PGY). This transaction is the 44th publicly rated securitization sponsored by Pagaya Structured Products LLC (collectively with its affiliates, "Pagaya" or the "Company"). KBRA applied its Auto Loan ABS Global Rating Methodology, as well as its Global Structured Finance Counterparty Methodology and ESG Global Rating Methodology, as part of its analysis of the transaction's proposed capital structure and Pagaya's historical static pool data. KBRA considered its operational reviews of Pagaya and the third-party originators and servicers, as well as periodic update calls with the Company and the third-party originators and servicers. KBRA has recently conducted surveillance on each third-party originators and servicers KBRA-rated securitizations. Operative agreements and legal opinions will be reviewed prior to closing. To access ratings and relevant documents, click here. Click here to view the report. Methodologies ABS: Consumer Loan ABS Global Rating Methodology Structured Finance: Global Structured Finance Counterparty Methodology ESG Global Rating Methodology Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009739 View source version on Contacts Analytical Contacts Melvin Zhou, Managing Director (Lead Analyst)+1 Juhi Paranjape, Associate+1 Vicky Xiao, Senior Analyst+1 Dan DePaulo, Senior Analyst+1 Hollie Reddington, Senior Director (Rating Committee Chair)+1 Business Development Contact Arielle Smelkinson, Senior Director+1
Business Wire
6 days ago
- Automotive
- Business Wire
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-3 and Research-Driven Pagaya Motor Trust 2025-3
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to seven classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2025-3 and Research-Driven Pagaya Motor Trust 2025-3 (collectively 'RPM 2025-3'), an auto loan ABS transaction. RPM 2025-3 has initial credit enhancement levels of 51.48% for the Class A notes to 1.28 % for the Class F notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (except for the Class F notes), a cash reserve account funded at closing, and excess spread. RPM 2025-3 will issue seven classes of notes totaling $300.0 million. The proceeds from the sale of the notes and collections will be used to fund: (i) the prefunding account, (ii) the reserve account, and (iii) pay certain transaction expenses. RPM 2025-3 is a fully prefunded transaction where there is no collateral funded at closing and the notes are initially supported by amounts deposited in the prefunding account. Pagaya Structured Products LLC, the sponsor and administrator, is a 100% owned subsidiary of Pagaya US Holding Company LLC (formerly known as Pagaya Investments US LLC), which is a 100% owned subsidiary of Pagaya Technologies Ltd. ('Pagaya Technologies'), an Israeli corporation. Pagaya Technologies is a financial technology company in the lending marketplace that uses machine learning, big data analytics, and AI-driven credit and analysis technology. Pagaya Technologies is currently a publicly traded company listed on the NASDAQ (PGY). This transaction is the 44 th publicly rated securitization sponsored by Pagaya Structured Products LLC (collectively with its affiliates, 'Pagaya' or the 'Company'). KBRA applied its Auto Loan ABS Global Rating Methodology, as well as its Global Structured Finance Counterparty Methodology and ESG Global Rating Methodology, as part of its analysis of the transaction's proposed capital structure and Pagaya's historical static pool data. KBRA considered its operational reviews of Pagaya and the third-party originators and servicers, as well as periodic update calls with the Company and the third-party originators and servicers. KBRA has recently conducted surveillance on each third-party originators and servicers KBRA-rated securitizations. Operative agreements and legal opinions will be reviewed prior to closing. To access ratings and relevant documents, click here. Click here to view the report. Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009739
Yahoo
23-05-2025
- Business
- Yahoo
3 Growth Companies With High Insider Ownership Expecting 155% Earnings Growth
As the U.S. market grapples with renewed trade tensions and fluctuating indices, investors are increasingly seeking companies that demonstrate resilience and potential for substantial earnings growth. In this environment, stocks with high insider ownership can be particularly appealing as they often indicate confidence from those within the company, aligning well with growth expectations despite broader market uncertainties. Name Insider Ownership Earnings Growth Super Micro Computer (NasdaqGS:SMCI) 25.3% 39.1% Duolingo (NasdaqGS:DUOL) 14.3% 39.9% AST SpaceMobile (NasdaqGS:ASTS) 13.4% 67.1% FTC Solar (NasdaqCM:FTCI) 27.9% 61.8% Credo Technology Group Holding (NasdaqGS:CRDO) 12.1% 65.1% Astera Labs (NasdaqGS:ALAB) 15.2% 44.3% BBB Foods (NYSE:TBBB) 16.2% 30.2% Enovix (NasdaqGS:ENVX) 12.1% 58.4% Upstart Holdings (NasdaqGS:UPST) 12.5% 102.6% Eagle Financial Services (NasdaqCM:EFSI) 15.8% 82.8% Click here to see the full list of 189 stocks from our Fast Growing US Companies With High Insider Ownership screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Pagaya Technologies Ltd. is a technology company that utilizes data science and AI-powered technology to serve financial services, service providers, their customers, and asset investors across the United States, Israel, and the Cayman Islands with a market cap of approximately $1.06 billion. Operations: Pagaya Technologies Ltd. generates its revenue from the Software & Programming segment, which amounts to $1.08 billion. Insider Ownership: 16% Earnings Growth Forecast: 155.3% p.a. Pagaya Technologies is demonstrating strong growth potential, with earnings forecasted to increase significantly by 155.33% annually and revenue expected to outpace the US market's growth. The company recently launched POSH, a $300 million asset-backed securitization program for point-of-sale financing, enhancing its lending capacity and capital efficiency. Despite high share price volatility, Pagaya has raised its earnings guidance for 2025 and reported improved profitability in Q1 2025 with net income of US$7.89 million. Delve into the full analysis future growth report here for a deeper understanding of Pagaya Technologies. The valuation report we've compiled suggests that Pagaya Technologies' current price could be quite moderate. Simply Wall St Growth Rating: ★★★★★☆ Overview: Coincheck Group N.V. operates cryptocurrency exchanges in Japan and has a market cap of $779.52 million. Operations: The company generates revenue from its cryptocurrency exchange operations, with a reported segment revenue of ¥383.33 million. Insider Ownership: 10.7% Earnings Growth Forecast: 125.7% p.a. Coincheck Group is poised for significant growth, with revenue expected to increase by 23.4% annually, surpassing US market averages. Despite a volatile share price and recent shareholder dilution, the company is forecasted to achieve profitability within three years. Recent earnings reports show substantial year-over-year sales growth but also highlight a full-year net loss of JPY 14,350 million. Coincheck's strategic moves include a $73.73 million shelf registration filing and appointing KPMG as its auditor for fiscal year-end March 2025. Unlock comprehensive insights into our analysis of Coincheck Group stock in this growth report. Our comprehensive valuation report raises the possibility that Coincheck Group is priced lower than what may be justified by its financials. Simply Wall St Growth Rating: ★★★★★☆ Overview: Similarweb Ltd. offers digital data and analytics services to support critical business decisions across various regions globally, with a market cap of approximately $606.49 million. Operations: The company generates revenue from its On Line Financial Information Providers segment, amounting to $258.02 million. Insider Ownership: 14.9% Earnings Growth Forecast: 71.8% p.a. Similarweb is experiencing notable growth, with revenue increasing to US$67.09 million in Q1 2025, up from US$58.98 million a year prior. Despite a net loss of US$9.26 million for the quarter, the company is forecasted to achieve profitability within three years and expects revenue between US$68.6 million and US$69 million in Q2 2025. Recent product innovations like AI Chatbot Traffic and App Intelligence aim to strengthen its competitive edge in digital analytics. Click to explore a detailed breakdown of our findings in Similarweb's earnings growth report. Insights from our recent valuation report point to the potential undervaluation of Similarweb shares in the market. Unlock more gems! Our Fast Growing US Companies With High Insider Ownership screener has unearthed 186 more companies for you to here to unveil our expertly curated list of 189 Fast Growing US Companies With High Insider Ownership. Looking For Alternative Opportunities? Uncover 16 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. 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 analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include NasdaqCM:PGY NasdaqGM:CNCK and NYSE:SMWB. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
23-05-2025
- Business
- Yahoo
3 Growth Companies With High Insider Ownership Expecting 155% Earnings Growth
As the U.S. market grapples with renewed trade tensions and fluctuating indices, investors are increasingly seeking companies that demonstrate resilience and potential for substantial earnings growth. In this environment, stocks with high insider ownership can be particularly appealing as they often indicate confidence from those within the company, aligning well with growth expectations despite broader market uncertainties. Name Insider Ownership Earnings Growth Super Micro Computer (NasdaqGS:SMCI) 25.3% 39.1% Duolingo (NasdaqGS:DUOL) 14.3% 39.9% AST SpaceMobile (NasdaqGS:ASTS) 13.4% 67.1% FTC Solar (NasdaqCM:FTCI) 27.9% 61.8% Credo Technology Group Holding (NasdaqGS:CRDO) 12.1% 65.1% Astera Labs (NasdaqGS:ALAB) 15.2% 44.3% BBB Foods (NYSE:TBBB) 16.2% 30.2% Enovix (NasdaqGS:ENVX) 12.1% 58.4% Upstart Holdings (NasdaqGS:UPST) 12.5% 102.6% Eagle Financial Services (NasdaqCM:EFSI) 15.8% 82.8% Click here to see the full list of 189 stocks from our Fast Growing US Companies With High Insider Ownership screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Pagaya Technologies Ltd. is a technology company that utilizes data science and AI-powered technology to serve financial services, service providers, their customers, and asset investors across the United States, Israel, and the Cayman Islands with a market cap of approximately $1.06 billion. Operations: Pagaya Technologies Ltd. generates its revenue from the Software & Programming segment, which amounts to $1.08 billion. Insider Ownership: 16% Earnings Growth Forecast: 155.3% p.a. Pagaya Technologies is demonstrating strong growth potential, with earnings forecasted to increase significantly by 155.33% annually and revenue expected to outpace the US market's growth. The company recently launched POSH, a $300 million asset-backed securitization program for point-of-sale financing, enhancing its lending capacity and capital efficiency. Despite high share price volatility, Pagaya has raised its earnings guidance for 2025 and reported improved profitability in Q1 2025 with net income of US$7.89 million. Delve into the full analysis future growth report here for a deeper understanding of Pagaya Technologies. The valuation report we've compiled suggests that Pagaya Technologies' current price could be quite moderate. Simply Wall St Growth Rating: ★★★★★☆ Overview: Coincheck Group N.V. operates cryptocurrency exchanges in Japan and has a market cap of $779.52 million. Operations: The company generates revenue from its cryptocurrency exchange operations, with a reported segment revenue of ¥383.33 million. Insider Ownership: 10.7% Earnings Growth Forecast: 125.7% p.a. Coincheck Group is poised for significant growth, with revenue expected to increase by 23.4% annually, surpassing US market averages. Despite a volatile share price and recent shareholder dilution, the company is forecasted to achieve profitability within three years. Recent earnings reports show substantial year-over-year sales growth but also highlight a full-year net loss of JPY 14,350 million. Coincheck's strategic moves include a $73.73 million shelf registration filing and appointing KPMG as its auditor for fiscal year-end March 2025. Unlock comprehensive insights into our analysis of Coincheck Group stock in this growth report. Our comprehensive valuation report raises the possibility that Coincheck Group is priced lower than what may be justified by its financials. Simply Wall St Growth Rating: ★★★★★☆ Overview: Similarweb Ltd. offers digital data and analytics services to support critical business decisions across various regions globally, with a market cap of approximately $606.49 million. Operations: The company generates revenue from its On Line Financial Information Providers segment, amounting to $258.02 million. Insider Ownership: 14.9% Earnings Growth Forecast: 71.8% p.a. Similarweb is experiencing notable growth, with revenue increasing to US$67.09 million in Q1 2025, up from US$58.98 million a year prior. Despite a net loss of US$9.26 million for the quarter, the company is forecasted to achieve profitability within three years and expects revenue between US$68.6 million and US$69 million in Q2 2025. Recent product innovations like AI Chatbot Traffic and App Intelligence aim to strengthen its competitive edge in digital analytics. Click to explore a detailed breakdown of our findings in Similarweb's earnings growth report. Insights from our recent valuation report point to the potential undervaluation of Similarweb shares in the market. Unlock more gems! Our Fast Growing US Companies With High Insider Ownership screener has unearthed 186 more companies for you to here to unveil our expertly curated list of 189 Fast Growing US Companies With High Insider Ownership. Looking For Alternative Opportunities? Uncover 16 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. 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 analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include NasdaqCM:PGY NasdaqGM:CNCK and NYSE:SMWB. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
