Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 265,549 shares of Riskified stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $5.08, for a total transaction of $1,348,988.92. Following the completion of the transaction, the director owned 1,928,427 shares of the company’s stock, valued at $9,796,409.16. The trade was a 12.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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, July 1st, Erez Shachar sold 435,900 shares of Riskified stock. The stock was sold at an average price of $5.02, for a total transaction of $2,188,218.00.
- On Tuesday, June 30th, Erez Shachar sold 281,501 shares of Riskified stock. The stock was sold at an average price of $5.02, for a total transaction of $1,413,135.02.
- On Monday, June 29th, Erez Shachar sold 220,600 shares of Riskified stock. The shares were sold at an average price of $5.05, for a total value of $1,114,030.00.
- On Friday, June 26th, Erez Shachar sold 356,000 shares of Riskified stock. The shares were sold at an average price of $5.02, for a total value of $1,787,120.00.
- On Thursday, June 25th, Erez Shachar sold 124,085 shares of Riskified stock. The shares were sold at an average price of $4.96, for a total transaction of $615,461.60.
- On Wednesday, June 24th, Erez Shachar sold 168,300 shares of Riskified stock. The shares were sold at an average price of $4.89, for a total value of $822,987.00.
- On Tuesday, June 23rd, Erez Shachar sold 150,200 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total value of $740,486.00.
- On Monday, June 22nd, Erez Shachar sold 75,204 shares of Riskified stock. The shares were sold at an average price of $4.92, for a total value of $370,003.68.
- On Thursday, June 18th, Erez Shachar sold 101,600 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total transaction of $500,888.00.
- On Wednesday, June 17th, Erez Shachar sold 96,100 shares of Riskified stock. The shares were sold at an average price of $4.94, for a total value of $474,734.00.
Riskified Trading Up 2.4%
RSKD stock traded up $0.12 during midday trading on Monday, hitting $5.25. The company had a trading volume of 1,148,454 shares, compared to its average volume of 849,650. The stock has a market cap of $778.54 million, a price-to-earnings ratio of -47.77 and a beta of 1.38. Riskified Ltd. has a 52 week low of $3.70 and a 52 week high of $5.68. The stock’s 50 day moving average price is $4.82 and its 200 day moving average price is $4.60.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $5.96.
Get Our Latest Stock Analysis on RSKD
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in Riskified in the 2nd quarter worth about $36,000. Man Group plc bought a new stake in Riskified in the 4th quarter worth approximately $50,000. T3 Companies LLC purchased a new position in shares of Riskified in the 4th quarter worth $54,000. Orion Porfolio Solutions LLC bought a new stake in shares of Riskified in the second quarter worth $54,000. Finally, Virtu Financial LLC bought a new position in Riskified in the third quarter valued at about $51,000. Hedge funds and other institutional investors own 58.98% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Riskified
- Flash Crash or Cash? The AI Hardware Reset Investors Can’t Ignore
- As Employers Drop Obesity Drug Coverage, Hims & Hers Could Be the Winner
- KBR Insiders Are Buying While the Market Misreads Its Spinoff
- Contrarian Alert: 5 Downgraded Stocks That May Reward Long-Term 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.
