Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 150,200 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $4.93, for a total value of $740,486.00. Following the completion of the sale, the director owned 3,780,362 shares in the company, valued at $18,637,184.66. This represents a 3.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 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 shares were 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 shares were 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 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 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 transaction of $216,006.70.
Riskified Stock Up 0.7%
Shares of RSKD traded up $0.03 during trading hours on Thursday, hitting $4.91. The company had a trading volume of 1,430,187 shares, compared to its average volume of 815,917. The business has a fifty day moving average of $4.74 and a 200-day moving average of $4.59. The firm has a market cap of $728.01 million, a price-to-earnings ratio of -44.67 and a beta of 1.40. Riskified Ltd. has a 12 month low of $3.70 and a 12 month high of $5.68.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on RSKD shares. Wall Street Zen upgraded Riskified from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Truist Financial lowered their target price on Riskified from $8.00 to $7.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $5.96.
Read Our Latest Research Report on Riskified
Institutional Trading of Riskified
A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in shares of Riskified during the second quarter worth approximately $36,000. Man Group plc bought a new stake in shares of Riskified in the fourth quarter valued at approximately $50,000. T3 Companies LLC acquired a new stake in Riskified during the fourth quarter worth approximately $54,000. Orion Porfolio Solutions LLC bought a new position in Riskified during the 2nd quarter worth $54,000. Finally, Virtu Financial LLC bought a new position in Riskified during the 3rd quarter worth $51,000. 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.
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