Erez Shachar Sells 157,200 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 157,200 shares of Riskified stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $5.95, for a total transaction of $935,340.00. Following the completion of the sale, the director directly owned 709,684 shares of the company’s stock, valued at approximately $4,222,619.80. This trade represents a 18.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Erez Shachar also recently made the following trade(s):

  • On Wednesday, August 19th, Erez Shachar sold 139,884 shares of Riskified stock. The stock was sold at an average price of $6.11, for a total transaction of $854,691.24.
  • On Monday, July 27th, Erez Shachar sold 5,586 shares of Riskified stock. The stock was sold at an average price of $5.25, for a total transaction of $29,326.50.
  • On Friday, July 17th, Erez Shachar sold 7,909 shares of Riskified stock. The shares were sold at an average price of $5.19, for a total value of $41,047.71.
  • On Monday, July 20th, Erez Shachar sold 27,600 shares of Riskified stock. The shares were sold at an average price of $5.27, for a total value of $145,452.00.
  • On Thursday, July 16th, Erez Shachar sold 78,800 shares of Riskified stock. The shares were sold at an average price of $5.11, for a total value of $402,668.00.
  • On Monday, July 13th, Erez Shachar sold 82,103 shares of Riskified stock. The stock was sold at an average price of $5.21, for a total value of $427,756.63.
  • On Friday, July 10th, Erez Shachar sold 24,328 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total value of $126,992.16.
  • On Thursday, July 9th, Erez Shachar sold 64,800 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total value of $338,256.00.
  • On Wednesday, July 8th, Erez Shachar sold 64,349 shares of Riskified stock. The shares were sold at an average price of $5.18, for a total value of $333,327.82.
  • On Tuesday, July 7th, Erez Shachar sold 148,221 shares of Riskified stock. The shares were sold at an average price of $5.27, for a total value of $781,124.67.

Riskified Stock Down 0.8%

NYSE RSKD opened at $5.90 on Friday. Riskified Ltd. has a 52 week low of $3.70 and a 52 week high of $6.61. The business has a 50 day moving average price of $5.30 and a 200-day moving average price of $4.76. The company has a market cap of $874.09 million, a price-to-earnings ratio of -53.64 and a beta of 1.38.

Riskified (NYSE:RSKDGet Free Report) last issued its earnings results on Thursday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Riskified had a negative return on equity of 3.93% and a negative net margin of 4.23%.The company had revenue of $98.69 million for the quarter, compared to analysts’ expectations of $89.18 million. On average, equities research analysts anticipate that Riskified Ltd. will post -0.01 earnings per share for the current year.

Institutional Investors Weigh In On Riskified

A number of institutional investors and hedge funds have recently bought and sold shares of RSKD. Public Employees Retirement System of Ohio boosted its holdings in Riskified by 1.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 302,262 shares of the company’s stock worth $1,502,000 after acquiring an additional 2,900 shares during the last quarter. California State Teachers Retirement System grew its stake in shares of Riskified by 5.5% in the 2nd quarter. California State Teachers Retirement System now owns 93,086 shares of the company’s stock worth $464,000 after acquiring an additional 4,826 shares in the last quarter. Swiss National Bank raised its holdings in shares of Riskified by 3.1% in the fourth quarter. Swiss National Bank now owns 167,513 shares of the company’s stock valued at $833,000 after purchasing an additional 5,000 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Riskified by 18.1% in the fourth quarter. Geode Capital Management LLC now owns 33,828 shares of the company’s stock valued at $168,000 after purchasing an additional 5,178 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Riskified during the second quarter valued at about $36,000. 58.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on RSKD shares. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. UBS Group boosted their target price on shares of Riskified from $5.00 to $6.75 and gave the stock a “neutral” rating in a research report on Thursday, August 13th. The Goldman Sachs Group upped their target price on shares of Riskified from $4.75 to $5.50 and gave the stock a “sell” rating in a report on Wednesday, August 12th. DA Davidson raised their price target on shares of Riskified from $6.00 to $7.50 and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Riskified in a research note on Friday, August 14th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $6.50.

View Our Latest Report on Riskified

Riskified Company Profile

(Get Free Report)

Riskified is a technology company specializing in e-commerce fraud prevention and revenue optimization for online merchants. Its platform combines machine learning, behavioral analytics and proprietary risk models to assess the legitimacy of transactions in real time. By offering a chargeback guarantee, Riskified assumes the financial liability for approved orders that later turn out to be fraudulent, allowing retailers to focus on growth rather than dispute management.

The company’s core product suite addresses various aspects of the online shopping lifecycle, including order approval, account takeover protection and policy compliance.

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Insider Buying and Selling by Quarter for Riskified (NYSE:RSKD)

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