Riskified (NYSE:RSKD) Director Sells $500,888.00 in Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 101,600 shares of Riskified stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $4.93, for a total value of $500,888.00. Following the completion of the transaction, the director owned 4,005,766 shares of the company’s stock, valued at approximately $19,748,426.38. This trade represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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, 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 shares were 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 Wednesday, June 17th, Erez Shachar sold 96,100 shares of Riskified stock. The stock was sold at an average price of $4.94, for a total value of $474,734.00.
• On Tuesday, June 16th, Erez Shachar sold 261,459 shares of Riskified stock. The stock was 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 shares were 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 shares were 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 stock was 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 stock was 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 stock was sold at an average price of $4.90, for a total transaction of $216,006.70.

Riskified Trading Up 0.7%

Shares of NYSE:RSKD opened at $4.91 on Friday. Riskified Ltd. has a 52 week low of $3.70 and a 52 week high of $5.68. The company’s 50 day moving average is $4.75 and its two-hundred day moving average is $4.59. The company has a market cap of $728.01 million, a PE ratio of -44.67 and a beta of 1.40.

Riskified (NYSE:RSKD) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01. The business had revenue of $88.27 million during the quarter, compared to analysts’ expectations of $87.72 million. Riskified had a negative net margin of 5.17% and a negative return on equity of 3.91%. As a group, equities research analysts expect that Riskified Ltd. will post -0.01 EPS for the current year.

Analyst Upgrades and Downgrades

RSKD has been the subject of a number of recent analyst reports. Truist Financial decreased their price target on 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 raised Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $5.96.

Hedge Funds Weigh In On Riskified

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new position in shares of Riskified during the 2nd quarter worth approximately $36,000. Man Group plc purchased a new stake in shares of Riskified in the fourth quarter valued at approximately $50,000. Virtu Financial LLC acquired a new position in Riskified during the third quarter worth $51,000. Invesco Ltd. acquired a new position in Riskified during the first quarter worth $51,000. Finally, T3 Companies LLC acquired a new position in Riskified during the fourth quarter worth $54,000. Institutional investors and hedge funds own 58.98% of the company’s stock.

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.