Riskified Ltd. (NYSE:RSKD – Get Free Report) CFO Aglika Dotcheva sold 20,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $5.01, for a total transaction of $100,200.00. Following the transaction, the chief financial officer owned 1,779,742 shares of the company’s stock, valued at approximately $8,916,507.42. The trade was a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aglika Dotcheva also recently made the following trade(s):
- On Thursday, July 2nd, Aglika Dotcheva sold 800 shares of Riskified stock. The stock was sold at an average price of $5.20, for a total transaction of $4,160.00.
- On Tuesday, May 19th, Aglika Dotcheva sold 400 shares of Riskified stock. The shares were sold at an average price of $5.00, for a total transaction of $2,000.00.
Riskified Price Performance
Shares of NYSE RSKD traded up $0.12 during mid-day trading on Monday, hitting $5.25. The company had a trading volume of 1,148,454 shares, compared to its average volume of 849,650. The business’s 50-day simple moving average is $4.82 and its 200-day simple moving average is $4.60. Riskified Ltd. has a 12 month low of $3.70 and a 12 month high of $5.68. The firm has a market cap of $778.54 million, a P/E ratio of -47.77 and a beta of 1.38.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Three equities 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, Riskified presently has an average rating of “Hold” and a consensus price target of $5.96.
Check Out Our Latest Stock Report on Riskified
Hedge Funds Weigh In On Riskified
Institutional investors have recently added to or reduced their stakes in the company. Harvey Partners LLC raised its position in Riskified by 20.4% in the 3rd quarter. Harvey Partners LLC now owns 3,093,000 shares of the company’s stock valued at $14,475,000 after purchasing an additional 523,855 shares during the last quarter. Clearline Capital LP increased its stake in shares of Riskified by 23.8% in the third 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 in the last quarter. TFJ Management LLC increased its stake in shares of Riskified by 31.7% in the third quarter. TFJ Management LLC now owns 1,394,074 shares of the company’s stock valued at $6,524,000 after buying an additional 335,399 shares in the last quarter. Globeflex Capital L P bought a new position in shares of Riskified in the fourth quarter valued at about $736,000. Finally, Nano Cap New Millennium Growth Fund L P bought a new stake in Riskified during the 4th quarter worth about $1,019,000. 58.98% of the stock is owned by institutional investors.
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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