Riskified (NYSE:RSKD) Director Sells $615,461.60 in Stock

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 124,085 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $4.96, for a total value of $615,461.60. Following the completion of the transaction, the director directly owned 3,487,977 shares in the company, valued at $17,300,365.92. The trade was a 3.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 Tuesday, June 30th, Erez Shachar sold 281,501 shares of Riskified stock. The shares were sold at an average price of $5.02, for a total value of $1,413,135.02.
  • On Monday, June 29th, Erez Shachar sold 220,600 shares of Riskified stock. The stock was sold at an average price of $5.05, for a total value of $1,114,030.00.
  • On Friday, June 26th, Erez Shachar sold 356,000 shares of Riskified stock. The stock was sold at an average price of $5.02, for a total value of $1,787,120.00.
  • On Wednesday, June 24th, Erez Shachar sold 168,300 shares of Riskified stock. The stock was sold at an average price of $4.89, for a total value of $822,987.00.
  • On Tuesday, June 23rd, Erez Shachar sold 150,200 shares of Riskified stock. The shares were sold at an average price of $4.93, for a total value of $740,486.00.
  • On Monday, June 22nd, Erez Shachar sold 75,204 shares of Riskified stock. The shares were sold at an average price of $4.92, for a total value of $370,003.68.
  • On Thursday, June 18th, Erez Shachar sold 101,600 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total transaction of $500,888.00.
  • 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 transaction of $474,734.00.
  • On Tuesday, June 16th, Erez Shachar sold 261,459 shares of Riskified stock. The shares were sold at an average price of $4.95, for a total transaction of $1,294,222.05.
  • On Thursday, June 11th, Erez Shachar sold 81,762 shares of Riskified stock. The shares were sold at an average price of $4.87, for a total transaction of $398,180.94.

Riskified Trading Down 0.3%

Shares of NYSE RSKD opened at $5.03 on Thursday. Riskified Ltd. has a 1-year low of $3.70 and a 1-year high of $5.68. The company has a 50-day moving average of $4.80 and a two-hundred day moving average of $4.59. The company has a market cap of $744.45 million, a PE ratio of -45.68 and a beta of 1.38.

Riskified (NYSE:RSKDGet Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. The business had revenue of $88.27 million for the quarter, compared to analysts’ expectations of $87.72 million. Riskified had a negative net margin of 5.17% and a negative return on equity of 3.91%. As a group, equities research analysts forecast that Riskified Ltd. will post -0.01 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on RSKD shares. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Truist Financial dropped their price objective on Riskified from $8.00 to $7.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.96.

View Our Latest Stock Analysis on RSKD

Hedge Funds Weigh In On Riskified

Several institutional investors have recently modified their holdings of the business. Harvey Partners LLC increased its stake in 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 in the last quarter. Clearline Capital LP lifted its stake in 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 boosted its holdings 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 during the period. Globeflex Capital L P bought a new stake in shares of Riskified during the fourth quarter worth $736,000. Finally, Nano Cap New Millennium Growth Fund L P acquired a new stake in shares of Riskified during the fourth quarter worth $1,019,000. Institutional investors own 58.98% of the company’s stock.

About Riskified

(Get Free Report)

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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Insider Buying and Selling by Quarter for Riskified (NYSE:RSKD)

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