Riskified (NYSE:RSKD) Director Erez Shachar Sells 46,780 Shares

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 46,780 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $6.28, for a total transaction of $293,778.40. Following the transaction, the director directly owned 3,359,274 shares in the company, valued at $21,096,240.72. The trade was a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, September 15th, Erez Shachar sold 47,651 shares of Riskified stock. The stock was sold at an average price of $6.18, for a total transaction of $294,483.18.
• On Thursday, September 3rd, Erez Shachar sold 50,000 shares of Riskified stock. The stock was sold at an average price of $6.72, for a total transaction of $336,000.00.
• On Wednesday, September 2nd, Erez Shachar sold 100,000 shares of Riskified stock. The shares were sold at an average price of $6.47, for a total transaction of $647,000.00.
• On Tuesday, September 1st, Erez Shachar sold 3,603 shares of Riskified stock. The shares were sold at an average price of $6.27, for a total transaction of $22,590.81.
• On Monday, August 31st, Erez Shachar sold 100,000 shares of Riskified stock. The stock was sold at an average price of $6.29, for a total transaction 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 value of $1,771,128.00.
• On Wednesday, August 26th, Erez Shachar sold 145,500 shares of Riskified stock. The shares were sold at an average price of $5.96, for a total value 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 value 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 value of $606,249.44.

Riskified Trading Up 0.9%

Shares of Riskified stock opened at $6.25 on Thursday. The business’s fifty day simple moving average is $5.74 and its 200 day simple moving average is $4.99. Riskified Ltd. has a 12 month low of $3.70 and a 12 month high of $6.98. The firm has a market capitalization of $926.68 million, a P/E ratio of -56.86 and a beta of 1.38.

Riskified (NYSE:RSKD) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $98.69 million during the quarter, compared to the consensus estimate of $89.18 million. Riskified had a negative return on equity of 3.93% and a negative net margin of 4.23%. Analysts predict that Riskified Ltd. will post -0.03 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on RSKD shares. DA Davidson restated a “buy” rating and set a $7.50 price target on shares of Riskified in a research report on Monday, August 24th. The Goldman Sachs Group lifted their price objective 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. UBS Group boosted their target price on shares of Riskified from $5.00 to $6.75 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Keefe, Bruyette & Woods increased their target price 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. Finally, Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Two investment 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $6.50.

Institutional Investors Weigh In On Riskified

Several large investors have recently added to or reduced their stakes in RSKD. Public Employees Retirement System of Ohio bought a new position in Riskified in the 2nd quarter worth approximately $1,505,000. Nano Cap New Millennium Growth Fund L P purchased a new position in Riskified in the 4th quarter valued at approximately $1,019,000. Sei Investments Co. raised its holdings in Riskified by 87.4% during the 1st quarter. Sei Investments Co. now owns 356,173 shares of the company’s stock valued at $1,396,000 after acquiring an additional 166,099 shares during the period. Globeflex Capital L P bought a new stake in Riskified during the 4th quarter valued at $736,000. Finally, Tidal Investments LLC lifted its position in shares of Riskified by 142.3% during the second quarter. Tidal Investments LLC now owns 214,731 shares of the company’s stock worth $1,082,000 after acquiring an additional 126,121 shares in the last quarter. Hedge funds and other institutional investors own 58.98% of the company’s stock.

Riskified News Summary

Here are the key news stories impacting Riskified this week:

• Positive Sentiment: Riskified announced that its Identity Risk Intelligence technology is being integrated into Zendesk’s workflow. The integration will provide retailers with real-time signals to help customer-service agents resolve return claims faster while identifying potential returns fraud. The initiative could expand Riskified’s reach among Zendesk customers and support demand for its fraud-prevention platform. Riskified Brings Identity Risk Intelligence to Zendesk
• Neutral Sentiment: Brokerages have assigned Riskified a consensus rating of “Hold,” suggesting analysts see balanced upside and downside rather than a strong near-term catalyst. The rating could temper buying interest despite the company’s recent operational progress. Riskified Receives Consensus Rating of Hold
• Negative Sentiment: Company insider Ravi Kumaraswami sold 65,000 shares for approximately $401,700, reducing his holdings by 4.02%. Director Erez Shachar also sold 47,651 shares for about $294,483 on September 15 and 46,780 shares for approximately $293,778 on September 14. The combined selling may raise concerns about insider confidence, although Kumaraswami’s transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which can make the sale less indicative of a change in business outlook. Ravi Kumaraswami SEC filing Erez Shachar SEC filing

Riskified Company Profile

Riskified Ltd. is a technology company that provides fraud and risk-management solutions for e-commerce businesses. Its platform uses data analytics, machine learning and network insights to help merchants distinguish legitimate customers from fraudulent transactions, reduce payment-related losses and improve the online shopping experience.

The company’s product offerings include solutions designed to protect merchants from chargebacks, identify and prevent policy abuse, secure customer accounts and support payment approval decisions.