Riskified Ltd. (NYSE:RSKD – Get Free Report) CFO Aglika Dotcheva sold 180,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $5.95, for a total transaction of $1,071,000.00. Following the sale, the chief financial officer directly owned 1,510,874 shares of the company’s stock, valued at approximately $8,989,700.30. This represents a 10.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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 Friday, August 14th, Aglika Dotcheva sold 80,000 shares of Riskified stock. The stock was sold at an average price of $6.52, for a total transaction of $521,600.00.
- 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 Performance
Shares of Riskified stock traded up $0.09 during trading on Friday, reaching $6.54. The company’s stock had a trading volume of 3,278,040 shares, compared to its average volume of 869,949. Riskified Ltd. has a one year low of $3.70 and a one year high of $6.61. The firm has a market cap of $968.16 million, a price-to-earnings ratio of -59.41 and a beta of 1.38. The business’s fifty day moving average price is $5.15 and its 200-day moving average price is $4.69.
Analyst Ratings Changes
Several research firms have recently weighed in on RSKD. Keefe, Bruyette & Woods increased their price objective on Riskified from $5.50 to $6.25 and gave the company a “market perform” rating in a research report on Thursday. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. The Goldman Sachs Group upped their target price on shares of Riskified from $4.75 to $5.50 and gave the company a “sell” rating in a research note on Wednesday. UBS Group increased their price target on shares of Riskified from $5.00 to $6.75 and gave the company a “neutral” rating in a report on Thursday. Finally, DA Davidson raised their price target on shares of Riskified from $6.00 to $7.50 and gave the stock a “buy” rating in a research report on Thursday. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $6.43.
Read Our Latest Stock Report on RSKD
Institutional Trading of Riskified
A number of institutional investors and hedge funds have recently modified their holdings of RSKD. Raymond James Financial Inc. bought a new position in Riskified in the second quarter worth $36,000. Man Group plc acquired a new position in shares of Riskified in the 4th quarter valued at $50,000. Virtu Financial LLC bought a new position in shares of Riskified during the 3rd quarter worth about $51,000. Invesco Ltd. acquired a new stake in shares of Riskified during the 1st quarter valued at about $51,000. Finally, T3 Companies LLC acquired a new stake in shares of Riskified during the 4th quarter valued at about $54,000. 58.98% of the stock is currently 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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