Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 109,462 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $4.93, for a total transaction of $539,647.66. Following the sale, the director directly owned 4,777,811 shares in the company, valued at approximately $23,554,608.23. The trade was a 2.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Erez Shachar also recently made the following trade(s):
- 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 transaction of $398,180.94.
- 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 stock was 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 stock was sold at an average price of $4.90, for a total value of $216,006.70.
- On Wednesday, June 3rd, Erez Shachar sold 2,562 shares of Riskified stock. The shares were sold at an average price of $4.90, for a total value of $12,553.80.
- On Wednesday, May 27th, Erez Shachar sold 400 shares of Riskified stock. The shares were sold at an average price of $4.80, for a total value of $1,920.00.
- On Tuesday, May 26th, Erez Shachar sold 65,169 shares of Riskified stock. The stock was sold at an average price of $4.80, for a total value of $312,811.20.
- On Friday, May 22nd, Erez Shachar sold 60,797 shares of Riskified stock. The stock was sold at an average price of $4.81, for a total value of $292,433.57.
- On Thursday, May 21st, Erez Shachar sold 44,677 shares of Riskified stock. The shares were sold at an average price of $4.81, for a total value of $214,896.37.
Riskified Stock Performance
Shares of RSKD opened at $4.94 on Monday. Riskified Ltd. has a 1 year low of $3.70 and a 1 year high of $5.68. The stock has a market capitalization of $731.12 million, a PE ratio of -44.86 and a beta of 1.40. The stock has a 50-day simple moving average of $4.60 and a 200-day simple moving average of $4.59.
Hedge Funds Weigh In On Riskified
A number of hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in shares of Riskified in the 2nd quarter valued at $36,000. Man Group plc purchased a new position in Riskified during the 4th quarter worth $50,000. Virtu Financial LLC purchased a new position in Riskified during the 3rd quarter worth $51,000. Invesco Ltd. acquired a new position in Riskified in the first quarter valued at $51,000. Finally, T3 Companies LLC acquired a new position in Riskified in the fourth quarter valued at $54,000. 58.98% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on RSKD shares. Truist Financial decreased their target price on Riskified from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Riskified currently has a consensus rating of “Hold” and a consensus price target of $5.96.
View Our Latest Analysis on RSKD
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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