Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 78,800 shares of the stock in a transaction on Thursday, July 16th. The shares were sold at an average price of $5.11, for a total value of $402,668.00. Following the completion of the transaction, the director owned 1,209,890 shares of the company’s stock, valued at $6,182,537.90. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Erez Shachar also recently made the following trade(s):
- On Monday, July 27th, Erez Shachar sold 5,586 shares of Riskified stock. The stock was sold at an average price of $5.25, for a total value of $29,326.50.
- 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 value of $41,047.71.
- On Monday, July 20th, Erez Shachar sold 27,600 shares of Riskified stock. The shares were sold at an average price of $5.27, for a total value of $145,452.00.
- 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 value 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 value of $126,992.16.
- On Thursday, July 9th, Erez Shachar sold 64,800 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total value of $338,256.00.
- On Wednesday, July 8th, Erez Shachar sold 64,349 shares of Riskified stock. The shares were 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 shares were 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 shares were sold at an average price of $5.22, for a total transaction of $806,155.92.
- On Thursday, July 2nd, Erez Shachar sold 265,549 shares of Riskified stock. The stock was sold at an average price of $5.08, for a total transaction of $1,348,988.92.
Riskified Price Performance
NYSE:RSKD opened at $5.21 on Friday. Riskified Ltd. has a one year low of $3.70 and a one year high of $5.49. The company has a market cap of $771.71 million, a PE ratio of -47.35 and a beta of 1.38. The firm’s 50 day simple moving average is $5.02 and its 200 day simple moving average is $4.63.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Riskified in the 2nd quarter valued at $36,000. Man Group plc acquired a new position in Riskified in the fourth quarter valued at $50,000. T3 Companies LLC acquired a new position in Riskified in the fourth quarter valued at $54,000. Orion Porfolio Solutions LLC bought a new stake in Riskified during the second quarter valued at $54,000. Finally, Virtu Financial LLC bought a new stake in Riskified during the third quarter valued at $51,000. Institutional investors and hedge funds own 58.98% of the company’s stock.
Analyst Upgrades and Downgrades
RSKD has been the subject of several analyst reports. Keefe, Bruyette & Woods raised their target price on Riskified from $5.25 to $5.50 and gave the stock a “market perform” rating in a research report on Monday, July 13th. Wall Street Zen upgraded 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 issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $6.00.
Get Our Latest Stock Analysis on Riskified
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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