Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 261,459 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $4.95, for a total value of $1,294,222.05. Following the sale, the director directly owned 4,203,466 shares of the company’s stock, valued at approximately $20,807,156.70. This trade represents a 5.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Erez Shachar also recently made the following trade(s):
- On Wednesday, June 17th, Erez Shachar sold 96,100 shares of Riskified stock. The stock was sold at an average price of $4.94, for a total value of $474,734.00.
- On Thursday, June 11th, Erez Shachar sold 81,762 shares of Riskified stock. The stock was sold at an average price of $4.87, for a total value of $398,180.94.
- On Wednesday, June 10th, Erez Shachar sold 109,462 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total transaction of $539,647.66.
- On Tuesday, June 9th, Erez Shachar sold 132,462 shares of Riskified stock. The shares were 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 transaction 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 transaction 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 transaction 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 transaction of $312,811.20.
- On Friday, May 22nd, Erez Shachar sold 60,797 shares of Riskified stock. The shares were sold at an average price of $4.81, for a total value of $292,433.57.
Riskified Stock Performance
Shares of NYSE:RSKD opened at $4.94 on Friday. The company has a market cap of $731.42 million, a P/E ratio of -44.88 and a beta of 1.40. The business’s 50-day simple moving average is $4.67 and its 200 day simple moving average is $4.59. Riskified Ltd. has a one year low of $3.70 and a one year high of $5.68.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of RSKD. Clearline Capital LP grew its position in shares of Riskified by 23.8% during the 3rd quarter. Clearline Capital LP now owns 3,106,045 shares of the company’s stock valued at $14,536,000 after buying an additional 597,765 shares during the last quarter. Harvey Partners LLC raised its position in shares of Riskified by 20.4% during the 3rd quarter. Harvey Partners LLC now owns 3,093,000 shares of the company’s stock worth $14,475,000 after purchasing an additional 523,855 shares during the period. Nuveen LLC raised its position in shares of Riskified by 3.3% during the 4th quarter. Nuveen LLC now owns 1,476,002 shares of the company’s stock worth $7,336,000 after purchasing an additional 47,464 shares during the period. Monimus Capital Management LP lifted its holdings in shares of Riskified by 13.2% in the 4th quarter. Monimus Capital Management LP now owns 1,404,744 shares of the company’s stock worth $6,982,000 after purchasing an additional 164,302 shares during the last quarter. Finally, TFJ Management LLC boosted its position in Riskified by 31.7% during the 3rd quarter. TFJ Management LLC now owns 1,394,074 shares of the company’s stock valued at $6,524,000 after purchasing an additional 335,399 shares during the period. 58.98% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms have commented on RSKD. Truist Financial reduced their price objective on shares of Riskified from $8.00 to $7.00 and set a “buy” rating on the stock 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 equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.96.
Read Our Latest Report 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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