Riskified (NYSE:RSKD) Director Erez Shachar Sells 78,800 Shares

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 78,800 shares of the firm’s stock in a transaction that occurred on Thursday, July 16th. The stock was sold at an average price of $5.11, for a total transaction of $402,668.00. Following the completion of the transaction, the director directly owned 1,209,890 shares in the company, valued at $6,182,537.90. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Monday, July 20th, Erez Shachar sold 27,600 shares of Riskified stock. The stock was sold at an average price of $5.27, for a total value of $145,452.00.
  • On Monday, July 13th, Erez Shachar sold 82,103 shares of Riskified stock. The stock was sold at an average price of $5.21, for a total value of $427,756.63.
  • On Friday, July 10th, Erez Shachar sold 24,328 shares of Riskified stock. The shares were sold at an average price of $5.22, for a total transaction of $126,992.16.
  • On Thursday, July 9th, Erez Shachar sold 64,800 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total transaction of $338,256.00.
  • On Wednesday, July 8th, Erez Shachar sold 64,349 shares of Riskified stock. The stock was sold at an average price of $5.18, for a total transaction of $333,327.82.
  • On Tuesday, July 7th, Erez Shachar sold 148,221 shares of Riskified stock. The stock was sold at an average price of $5.27, for a total transaction of $781,124.67.
  • On Monday, July 6th, Erez Shachar sold 154,436 shares of Riskified stock. The shares were sold at an average price of $5.22, for a total transaction of $806,155.92.
  • On Thursday, July 2nd, Erez Shachar sold 265,549 shares of Riskified stock. The shares were sold at an average price of $5.08, for a total transaction of $1,348,988.92.
  • 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 shares were sold at an average price of $5.02, for a total transaction of $1,413,135.02.

Riskified Price Performance

RSKD traded up $0.12 during trading hours on Tuesday, reaching $5.37. The company’s stock had a trading volume of 333,903 shares, compared to its average volume of 816,517. The stock has a market cap of $794.84 million, a PE ratio of -48.59 and a beta of 1.38. Riskified Ltd. has a fifty-two week low of $3.70 and a fifty-two week high of $5.49. The business’s 50-day moving average is $4.99 and its 200-day moving average is $4.62.

Riskified (NYSE:RSKDGet Free Report) last posted its earnings results 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. Riskified had a negative return on equity of 3.91% and a negative net margin of 5.17%.The company had revenue of $88.27 million during the quarter, compared to analysts’ expectations of $87.72 million. Analysts expect that Riskified Ltd. will post -0.01 EPS for the current year.

Analysts Set New Price Targets

RSKD has been the subject of a number of recent research reports. Keefe, Bruyette & Woods lifted their target price on Riskified from $5.25 to $5.50 and gave the company a “market perform” rating in a report on Monday, July 13th. Wall Street Zen raised 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $6.00.

View Our Latest Analysis on RSKD

Institutional Investors Weigh In On Riskified

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Riskified during the 2nd quarter worth $36,000. Man Group plc purchased a new position in Riskified in the fourth quarter valued at $50,000. T3 Companies LLC acquired a new stake in Riskified in the fourth quarter valued at $54,000. Orion Porfolio Solutions LLC purchased a new stake in Riskified during the 2nd quarter worth about $54,000. Finally, Virtu Financial LLC purchased a new stake in Riskified during the 3rd quarter worth about $51,000. 58.98% of the stock is currently owned by institutional investors and hedge funds.

Riskified Company Profile

(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.

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

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