Riskified Ltd. (NYSE:RSKD – Get Free Report) CTO Assaf Feldman sold 230,512 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $5.02, for a total value of $1,157,170.24. Following the completion of the sale, the chief technology officer directly owned 1,932,613 shares of the company’s stock, valued at approximately $9,701,717.26. The trade was a 10.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Assaf Feldman also recently made the following trade(s):
- On Friday, May 1st, Assaf Feldman sold 32,590 shares of Riskified stock. The stock was sold at an average price of $4.68, for a total transaction of $152,521.20.
Riskified Stock Performance
Shares of RSKD traded up $0.12 during mid-day trading on Monday, reaching $5.25. 1,148,454 shares of the company were exchanged, compared to its average volume of 849,650. Riskified Ltd. has a 52 week low of $3.70 and a 52 week high of $5.68. The business has a 50 day simple moving average of $4.82 and a two-hundred day simple moving average of $4.60. The stock has a market capitalization of $778.54 million, a PE ratio of -47.77 and a beta of 1.38.
Institutional Trading of Riskified
A number of hedge funds have recently modified their holdings of the business. Invesco Ltd. purchased a new stake in shares of Riskified in the first quarter worth $51,000. Russell Investments Group Ltd. increased its holdings in Riskified by 178.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 225,468 shares of the company’s stock worth $1,125,000 after buying an additional 144,431 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Riskified during the 2nd quarter valued at about $1,453,000. Qube Research & Technologies Ltd raised its holdings in shares of Riskified by 7.4% during the second quarter. Qube Research & Technologies Ltd now owns 271,536 shares of the company’s stock valued at $1,355,000 after purchasing an additional 18,690 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Riskified during the 2nd quarter valued at $36,000. Institutional investors own 58.98% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $5.96.
Check Out Our Latest Stock Report on Riskified
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.
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