Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 5,586 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $5.25, for a total transaction of $29,326.50. Following the completion of the transaction, the director owned 1,168,795 shares in the company, valued at $6,136,173.75. This trade represents a 0.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 Friday, July 17th, Erez Shachar sold 7,909 shares of Riskified stock. The stock was sold at an average price of $5.19, for a total transaction of $41,047.71.
- 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 transaction of $145,452.00.
- On Thursday, July 16th, Erez Shachar sold 78,800 shares of Riskified stock. The stock was sold at an average price of $5.11, for a total transaction of $402,668.00.
- On Monday, July 13th, Erez Shachar sold 82,103 shares of Riskified stock. The shares were sold at an average price of $5.21, for a total transaction 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 shares were 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 value 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 value of $781,124.67.
- On Monday, July 6th, Erez Shachar sold 154,436 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total value 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 value of $1,348,988.92.
Riskified Price Performance
Shares of NYSE:RSKD opened at $5.21 on Friday. Riskified Ltd. has a 1 year low of $3.70 and a 1 year high of $5.49. The business’s 50-day moving average is $5.02 and its 200-day moving average is $4.63. The company has a market capitalization of $771.71 million, a price-to-earnings ratio of -47.35 and a beta of 1.38.
Institutional Trading of Riskified
Several large investors have recently made changes to their positions in RSKD. Renaissance Technologies LLC increased its position in Riskified by 1.7% in the 1st quarter. Renaissance Technologies LLC now owns 1,358,900 shares of the company’s stock valued at $5,327,000 after buying an additional 22,100 shares in the last quarter. Modern Wealth Management LLC bought a new position in Riskified in the first quarter worth approximately $56,000. Sei Investments Co. grew its stake in Riskified by 87.4% in the first quarter. Sei Investments Co. now owns 356,173 shares of the company’s stock valued at $1,396,000 after acquiring an additional 166,099 shares during the period. State of Wyoming grew its stake in Riskified by 16.4% in the first quarter. State of Wyoming now owns 107,785 shares of the company’s stock valued at $423,000 after acquiring an additional 15,195 shares during the period. Finally, R Squared Ltd increased its holdings in shares of Riskified by 57.8% during the first quarter. R Squared Ltd now owns 19,813 shares of the company’s stock valued at $78,000 after acquiring an additional 7,257 shares in the last quarter. 58.98% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
RSKD has been the subject of several research analyst reports. Keefe, Bruyette & Woods lifted their price objective on shares of Riskified from $5.25 to $5.50 and gave the company a “market perform” rating in a research note on Monday, July 13th. Wall Street Zen upgraded shares of Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $6.00.
Read Our Latest Analysis on RSKD
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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