Riskified Ltd. (NYSE:RSKD – Get Free Report) CFO Aglika Dotcheva sold 80,000 shares of Riskified stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $6.52, for a total transaction of $521,600.00. Following the sale, the chief financial officer owned 1,430,874 shares of the company’s stock, valued at approximately $9,329,298.48. This represents a 5.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aglika Dotcheva also recently made the following trade(s):
- On Wednesday, August 12th, Aglika Dotcheva sold 180,000 shares of Riskified stock. The stock was sold at an average price of $5.95, for a total transaction of $1,071,000.00.
- On Monday, July 6th, Aglika Dotcheva sold 19,200 shares of Riskified stock. The stock was sold at an average price of $5.20, for a total transaction of $99,840.00.
- On Thursday, July 2nd, Aglika Dotcheva sold 800 shares of Riskified stock. The shares were sold at an average price of $5.20, for a total transaction of $4,160.00.
- On Wednesday, July 1st, Aglika Dotcheva sold 20,000 shares of Riskified stock. The shares were sold at an average price of $5.01, for a total transaction of $100,200.00.
- 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 value of $2,000.00.
Riskified Stock Up 1.3%
NYSE:RSKD traded up $0.09 during trading hours on Friday, reaching $6.54. 3,278,040 shares of the stock were exchanged, compared to its average volume of 869,949. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $6.61. The business has a 50-day moving average of $5.15 and a two-hundred day moving average of $4.69. The company has a market capitalization of $968.16 million, a price-to-earnings ratio of -59.41 and a beta of 1.38.
Institutional Trading of Riskified
A number of large investors have recently made changes to their positions in RSKD. Invesco Ltd. acquired a new stake in Riskified in the first quarter valued at approximately $51,000. Russell Investments Group Ltd. grew its holdings in Riskified by 178.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 225,468 shares of the company’s stock worth $1,125,000 after acquiring an additional 144,431 shares in the last quarter. Marshall Wace LLP acquired a new position in Riskified during the 2nd quarter worth approximately $1,453,000. Qube Research & Technologies Ltd increased its position in shares of Riskified by 7.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 271,536 shares of the company’s stock valued at $1,355,000 after purchasing an additional 18,690 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Riskified in the 2nd quarter valued at approximately $36,000. 58.98% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts have recently commented on RSKD shares. UBS Group raised their price objective on shares of Riskified from $5.00 to $6.75 and gave the company a “neutral” rating in a research note on Thursday. DA Davidson increased their target price on shares of Riskified from $6.00 to $7.50 and gave the stock a “buy” rating in a report on Thursday. Keefe, Bruyette & Woods raised their price target on shares of Riskified from $5.50 to $6.25 and gave the company a “market perform” rating in a research report on Thursday. Wall Street Zen upgraded shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Finally, The Goldman Sachs Group upped their price objective on Riskified from $4.75 to $5.50 and gave the stock a “sell” rating in a research report on Wednesday. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $6.43.
Check Out Our Latest Report 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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