Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 96,100 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $4.94, for a total transaction of $474,734.00. Following the completion of the transaction, the director directly owned 4,107,366 shares in the company, valued at $20,290,388.04. This represents a 2.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Tuesday, June 16th, Erez Shachar sold 261,459 shares of Riskified stock. The shares were sold at an average price of $4.95, for a total transaction of $1,294,222.05.
- On Thursday, June 11th, Erez Shachar sold 81,762 shares of Riskified stock. The stock was sold at an average price of $4.87, for a total transaction of $398,180.94.
- On Wednesday, June 10th, Erez Shachar sold 109,462 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total transaction of $539,647.66.
- On Tuesday, June 9th, Erez Shachar sold 132,462 shares of Riskified stock. The shares were sold at an average price of $4.91, for a total transaction of $650,388.42.
- On Monday, June 8th, Erez Shachar sold 108,150 shares of Riskified stock. The shares were sold at an average price of $4.87, for a total transaction of $526,690.50.
- On Thursday, June 4th, Erez Shachar sold 44,083 shares of Riskified stock. The shares were sold at an average price of $4.90, for a total value of $216,006.70.
- On Wednesday, June 3rd, Erez Shachar sold 2,562 shares of Riskified stock. The stock was sold at an average price of $4.90, for a total value of $12,553.80.
- On Wednesday, May 27th, Erez Shachar sold 400 shares of Riskified stock. The stock was sold at an average price of $4.80, for a total value of $1,920.00.
- On Tuesday, May 26th, Erez Shachar sold 65,169 shares of Riskified stock. The stock was sold at an average price of $4.80, for a total value of $312,811.20.
- On Friday, May 22nd, Erez Shachar sold 60,797 shares of Riskified stock. The shares were sold at an average price of $4.81, for a total value of $292,433.57.
Riskified Trading Down 0.3%
Shares of RSKD stock opened at $4.94 on Friday. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $5.68. The stock has a market capitalization of $731.42 million, a price-to-earnings ratio of -44.88 and a beta of 1.40. The stock has a fifty day simple moving average of $4.69 and a two-hundred day simple moving average of $4.59.
Analysts Set New Price Targets
Several research firms have recently commented on RSKD. Truist Financial reduced their price target 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. Wall Street Zen upgraded shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Riskified presently has an average rating of “Hold” and a consensus target price of $5.96.
Check Out Our Latest Research Report on RSKD
Institutional Trading of Riskified
Institutional investors have recently bought and sold shares of the stock. Harvey Partners LLC grew its position in Riskified by 20.4% during the 3rd quarter. Harvey Partners LLC now owns 3,093,000 shares of the company’s stock worth $14,475,000 after purchasing an additional 523,855 shares during the last quarter. Clearline Capital LP raised its holdings in shares of Riskified by 23.8% in the third quarter. Clearline Capital LP now owns 3,106,045 shares of the company’s stock worth $14,536,000 after buying an additional 597,765 shares during the last quarter. TFJ Management LLC raised its holdings in shares of Riskified by 31.7% in the third quarter. TFJ Management LLC now owns 1,394,074 shares of the company’s stock worth $6,524,000 after buying an additional 335,399 shares during the last quarter. Globeflex Capital L P acquired a new stake in shares of Riskified during the fourth quarter worth $736,000. Finally, Nano Cap New Millennium Growth Fund L P acquired a new stake in shares of Riskified during the fourth quarter worth $1,019,000. 58.98% of the stock is currently owned by institutional investors and hedge funds.
About Riskified
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.
Recommended Stories
- Five stocks we like better than Riskified
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Receive News & Ratings for Riskified Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Riskified and related companies with MarketBeat.com's FREE daily email newsletter.
