Riskified (NYSE:RSKD) Director Sells $615,461.60 in Stock

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 124,085 shares of the stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $4.96, for a total transaction of $615,461.60. Following the sale, the director owned 3,487,977 shares in the company, valued at approximately $17,300,365.92. This trade represents a 3.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • 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 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 stock was 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 value 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.
  • 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 value 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 value 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 value 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 value of $650,388.42.

Riskified Stock Performance

Shares of RSKD traded down $0.03 during midday trading on Monday, hitting $5.04. 1,076,902 shares of the stock traded hands, compared to its average volume of 827,019. Riskified Ltd. has a 1-year low of $3.70 and a 1-year high of $5.68. The firm has a market capitalization of $745.94 million, a PE ratio of -45.77 and a beta of 1.40. The business’s 50 day moving average price is $4.77 and its two-hundred day moving average price is $4.59.

Riskified (NYSE:RSKDGet Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.05 EPS for the quarter, topping 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. As a group, equities research analysts forecast that Riskified Ltd. will post -0.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in shares of Riskified during the second quarter valued at about $36,000. Man Group plc bought a new position in Riskified in the 4th quarter valued at about $50,000. Virtu Financial LLC bought a new position in Riskified in the 3rd quarter valued at about $51,000. Invesco Ltd. acquired a new position in Riskified during the 1st quarter valued at about $51,000. Finally, T3 Companies LLC acquired a new position in Riskified during the 4th quarter valued at about $54,000. 58.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on RSKD shares. Truist Financial dropped their price target on shares of Riskified from $8.00 to $7.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Wall Street Zen upgraded Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $5.96.

Get Our Latest Analysis on RSKD

About Riskified

(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.

Further Reading

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

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