Erez Shachar Sells 60,797 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 60,797 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $4.81, for a total transaction of $292,433.57. Following the transaction, the director owned 5,158,615 shares of the company’s stock, valued at $24,812,938.15. This trade represents a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, May 21st, Erez Shachar sold 44,677 shares of Riskified stock. The shares were sold at an average price of $4.81, for a total transaction of $214,896.37.

Riskified Stock Down 2.6%

RSKD stock opened at $4.63 on Thursday. Riskified Ltd. has a 52 week low of $3.70 and a 52 week high of $5.68. The company has a fifty day simple moving average of $4.40 and a two-hundred day simple moving average of $4.58. The firm has a market capitalization of $686.53 million, a P/E ratio of -42.13 and a beta of 1.39.

Riskified (NYSE:RSKD) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. Riskified had a negative net margin of 5.17% and a negative return on equity of 3.91%. The business had revenue of $88.27 million during the quarter, compared to analyst estimates of $87.72 million.

Hedge Funds Weigh In On Riskified

Several hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of Riskified during the second quarter worth $36,000. Man Group plc bought a new stake in shares of Riskified during the fourth quarter worth $50,000. T3 Companies LLC bought a new stake in shares of Riskified during the fourth quarter worth $54,000. Orion Porfolio Solutions LLC bought a new stake in shares of Riskified during the second quarter worth $54,000. Finally, Virtu Financial LLC bought a new stake in Riskified during the 3rd quarter valued at about $51,000. Institutional investors own 58.98% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on RSKD shares. Wall Street Zen upgraded shares of Riskified from a “hold” rating to a “buy” rating in a research report on Sunday, March 15th. Truist Financial lowered their target price on shares of Riskified from $8.00 to $7.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $5.96.

Riskified Company Profile

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.