Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 3,603 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $6.27, for a total value of $22,590.81. Following the completion of the sale, the director directly owned 1,196,080 shares in the company, valued at $7,499,421.60. This trade represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Erez Shachar also recently made the following trade(s):
- On Monday, August 31st, Erez Shachar sold 100,000 shares of Riskified stock. The shares were sold at an average price of $6.29, for a total value of $629,000.00.
- On Friday, August 28th, Erez Shachar sold 167,200 shares of Riskified stock. The stock was sold at an average price of $6.30, for a total value of $1,053,360.00.
- On Thursday, August 27th, Erez Shachar sold 289,400 shares of Riskified stock. The stock was sold at an average price of $6.12, for a total transaction of $1,771,128.00.
- On Wednesday, August 26th, Erez Shachar sold 145,500 shares of Riskified stock. The stock was sold at an average price of $5.96, for a total transaction of $867,180.00.
- On Tuesday, August 25th, Erez Shachar sold 89,994 shares of Riskified stock. The shares were sold at an average price of $5.94, for a total transaction of $534,564.36.
- On Monday, August 24th, Erez Shachar sold 102,407 shares of Riskified stock. The shares were sold at an average price of $5.92, for a total transaction of $606,249.44.
- On Friday, August 21st, Erez Shachar sold 115,500 shares of Riskified stock. The stock was sold at an average price of $5.89, for a total transaction of $680,295.00.
- On Thursday, August 20th, Erez Shachar sold 157,200 shares of Riskified stock. The stock was sold at an average price of $5.95, for a total transaction of $935,340.00.
- On Wednesday, August 19th, Erez Shachar sold 139,884 shares of Riskified stock. The shares were sold at an average price of $6.11, for a total transaction of $854,691.24.
- On Monday, July 27th, Erez Shachar sold 5,586 shares of Riskified stock. The shares were sold at an average price of $5.25, for a total transaction of $29,326.50.
Riskified Stock Up 7.7%
Shares of RSKD traded up $0.47 during mid-day trading on Wednesday, reaching $6.66. 3,960,250 shares of the company’s stock were exchanged, compared to its average volume of 970,795. Riskified Ltd. has a 52-week low of $3.70 and a 52-week high of $6.68. The company has a market cap of $987.28 million, a price-to-earnings ratio of -60.58 and a beta of 1.38. The company has a 50-day simple moving average of $5.46 and a two-hundred day simple moving average of $4.85.
Hedge Funds Weigh In On Riskified
Large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in Riskified in the 2nd quarter valued at about $36,000. Man Group plc purchased a new position in shares of Riskified during the 4th quarter worth about $50,000. Virtu Financial LLC acquired a new stake in shares of Riskified in the third quarter worth approximately $51,000. Invesco Ltd. acquired a new stake in shares of Riskified in the first quarter worth approximately $51,000. Finally, T3 Companies LLC acquired a new stake in shares of Riskified in the fourth quarter worth approximately $54,000. 58.98% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
RSKD has been the topic of a number of recent research reports. UBS Group upped their target price on shares of Riskified from $5.00 to $6.75 and gave the company a “neutral” rating in a report on Thursday, August 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Riskified in a report on Friday, August 14th. Keefe, Bruyette & Woods boosted their price objective on shares of Riskified from $5.50 to $6.25 and gave the company a “market perform” rating in a research report on Thursday, August 13th. DA Davidson restated a “buy” rating and set a $7.50 target price on shares of Riskified in a research report on Monday, August 24th. Finally, The Goldman Sachs Group raised their target price on shares of Riskified from $4.75 to $5.50 and gave the stock a “sell” rating in a research report on Wednesday, August 12th. Two investment 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $6.50.
Check Out Our Latest Stock Report 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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