Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 47,651 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $6.18, for a total value of $294,483.18. Following the sale, the director owned 3,311,623 shares of the company’s stock, valued at approximately $20,465,830.14. This represents a 1.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Erez Shachar also recently made the following trade(s):
- On Monday, September 14th, Erez Shachar sold 46,780 shares of Riskified stock. The stock was sold at an average price of $6.28, for a total transaction of $293,778.40.
- On Thursday, September 3rd, Erez Shachar sold 50,000 shares of Riskified stock. The stock was sold at an average price of $6.72, for a total value of $336,000.00.
- On Wednesday, September 2nd, Erez Shachar sold 100,000 shares of Riskified stock. The stock was sold at an average price of $6.47, for a total value of $647,000.00.
- On Tuesday, September 1st, Erez Shachar sold 3,603 shares of Riskified stock. The shares were sold at an average price of $6.27, for a total value of $22,590.81.
- On Monday, August 31st, Erez Shachar sold 100,000 shares of Riskified stock. The stock was sold at an average price of $6.29, for a total transaction of $629,000.00.
- On Friday, August 28th, Erez Shachar sold 167,200 shares of Riskified stock. The stock was sold at an average price of $6.30, for a total transaction of $1,053,360.00.
- On Thursday, August 27th, Erez Shachar sold 289,400 shares of Riskified stock. The stock was sold at an average price of $6.12, for a total value of $1,771,128.00.
- On Wednesday, August 26th, Erez Shachar sold 145,500 shares of Riskified stock. The stock was sold at an average price of $5.96, for a total value of $867,180.00.
- On Tuesday, August 25th, Erez Shachar sold 89,994 shares of Riskified stock. The shares were sold at an average price of $5.94, for a total transaction of $534,564.36.
- On Monday, August 24th, Erez Shachar sold 102,407 shares of Riskified stock. The stock was sold at an average price of $5.92, for a total transaction of $606,249.44.
Riskified Stock Performance
NYSE RSKD opened at $6.21 on Friday. The company has a market capitalization of $920.75 million, a PE ratio of -56.50 and a beta of 1.38. Riskified Ltd. has a 52-week low of $3.70 and a 52-week high of $6.98. The company has a 50-day simple moving average of $5.78 and a 200 day simple moving average of $5.01.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. UBS Group upped their price objective on Riskified from $5.00 to $6.75 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Keefe, Bruyette & Woods boosted their target price on Riskified from $5.50 to $6.25 and gave the company a “market perform” rating in a research note on Thursday, August 13th. The Goldman Sachs Group boosted their target price on Riskified from $4.75 to $5.50 and gave the company a “sell” rating in a research note on Wednesday, August 12th. Wall Street Zen raised Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Riskified in a research note on Friday, August 14th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $6.50.
Read Our Latest Research Report on RSKD
Institutional Trading of Riskified
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. T3 Companies LLC bought a new position in Riskified in the 4th quarter worth about $54,000. Modern Wealth Management LLC purchased a new stake in shares of Riskified in the first quarter worth about $56,000. R Squared Ltd lifted its holdings in shares of Riskified by 57.8% in the first quarter. R Squared Ltd now owns 19,813 shares of the company’s stock worth $78,000 after buying an additional 7,257 shares in the last quarter. 9823 Capital L.P. bought a new position in shares of Riskified in the fourth quarter valued at approximately $182,000. Finally, Engineers Gate Manager LP boosted its position in shares of Riskified by 13.7% in the second quarter. Engineers Gate Manager LP now owns 64,591 shares of the company’s stock valued at $326,000 after acquiring an additional 7,799 shares during the period. 58.98% of the stock is currently owned by institutional investors.
Riskified Company Profile
Riskified Ltd. is a technology company that provides fraud and risk-management solutions for e-commerce businesses. Its platform uses data analytics, machine learning and network insights to help merchants distinguish legitimate customers from fraudulent transactions, reduce payment-related losses and improve the online shopping experience.
The company’s product offerings include solutions designed to protect merchants from chargebacks, identify and prevent policy abuse, secure customer accounts and support payment approval decisions.
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