Erez Shachar Sells 2,562 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 2,562 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $4.90, for a total value of $12,553.80. Following the completion of the transaction, the director owned 4,671,968 shares in the company, valued at approximately $22,892,643.20. This trade represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Erez Shachar also recently made the following trade(s):

• On Thursday, June 4th, Erez Shachar sold 44,083 shares of Riskified stock. The stock was sold at an average price of $4.90, for a total value of $216,006.70.
• On Wednesday, May 27th, Erez Shachar sold 400 shares of Riskified stock. The stock was sold at an average price of $4.80, for a total value of $1,920.00.
• On Tuesday, May 26th, Erez Shachar sold 65,169 shares of Riskified stock. The stock was sold at an average price of $4.80, for a total value of $312,811.20.
• On Friday, May 22nd, Erez Shachar sold 60,797 shares of Riskified stock. The stock was sold at an average price of $4.81, for a total value of $292,433.57.
• On Thursday, May 21st, Erez Shachar sold 44,677 shares of Riskified stock. The stock was sold at an average price of $4.81, for a total value of $214,896.37.

Riskified Price Performance

RSKD stock opened at $4.75 on Friday. The company has a market cap of $702.97 million, a P/E ratio of -43.14 and a beta of 1.40. Riskified Ltd. has a 1 year low of $3.70 and a 1 year high of $5.68. The stock’s fifty day moving average price is $4.50 and its 200-day moving average price is $4.58.

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

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on RSKD shares. Truist Financial lowered their target price on Riskified from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Wall Street Zen upgraded Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Riskified currently has a consensus rating of “Hold” and a consensus price target of $5.96.

Institutional Investors Weigh In On Riskified

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio raised its holdings in Riskified by 1.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 302,262 shares of the company’s stock valued at $1,502,000 after acquiring an additional 2,900 shares during the period. FNY Investment Advisers LLC raised its holdings in Riskified by 24.8% during the third quarter. FNY Investment Advisers LLC now owns 15,110 shares of the company’s stock valued at $70,000 after acquiring an additional 3,000 shares during the period. ARK Investment Management LLC raised its holdings in Riskified by 1.2% during the third quarter. ARK Investment Management LLC now owns 368,310 shares of the company’s stock valued at $1,724,000 after acquiring an additional 4,248 shares during the period. California State Teachers Retirement System raised its holdings in Riskified by 5.5% during the second quarter. California State Teachers Retirement System now owns 93,086 shares of the company’s stock valued at $464,000 after acquiring an additional 4,826 shares during the period. Finally, Swiss National Bank raised its holdings in Riskified by 3.1% during the fourth quarter. Swiss National Bank now owns 167,513 shares of the company’s stock valued at $833,000 after acquiring an additional 5,000 shares during the period. 58.98% of the stock is 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.