Erez Shachar Sells 124,085 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 124,085 shares of Riskified stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $4.96, for a total transaction of $615,461.60. Following the sale, the director owned 3,487,977 shares of the company’s stock, valued at approximately $17,300,365.92. This trade represents 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 at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, June 26th, Erez Shachar sold 356,000 shares of Riskified stock. The shares were sold at an average price of $5.02, for a total transaction 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 transaction of $822,987.00.
• On Tuesday, June 23rd, Erez Shachar sold 150,200 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total transaction of $740,486.00.
• On Monday, June 22nd, Erez Shachar sold 75,204 shares of Riskified stock. The stock was sold at an average price of $4.92, for a total transaction of $370,003.68.
• On Thursday, June 18th, Erez Shachar sold 101,600 shares of Riskified stock. The shares were sold at an average price of $4.93, for a total value 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 value 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 value 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 value of $398,180.94.
• On Wednesday, June 10th, Erez Shachar sold 109,462 shares of Riskified stock. The shares were sold at an average price of $4.93, for a total value of $539,647.66.
• On Tuesday, June 9th, Erez Shachar sold 132,462 shares of Riskified stock. The stock was sold at an average price of $4.91, for a total value of $650,388.42.

Riskified Trading Up 0.3%

Shares of NYSE:RSKD opened at $5.04 on Wednesday. The stock’s 50-day moving average price is $4.79 and its two-hundred day moving average price is $4.59. Riskified Ltd. has a 12-month low of $3.70 and a 12-month high of $5.68. The firm has a market cap of $745.94 million, a price-to-earnings ratio of -45.77 and a beta of 1.40.

Riskified (NYSE:RSKD) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The company had revenue of $88.27 million during the quarter, compared to the consensus estimate 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, research analysts forecast that Riskified Ltd. will post -0.01 earnings per share for the current fiscal year.

Trending Headlines about Riskified

Here are the key news stories impacting Riskified this week:

• Positive Sentiment: Riskified announced the appointment of Ronen Assia, co-founder of eToro and a venture investor focused on financial infrastructure, to its Board of Directors. The addition of an experienced fintech executive may be viewed as a constructive governance and strategy signal. Riskified Announces the Appointment of Ronen Assia to its Board of Directors
• Positive Sentiment: The company released a Summer Travel Survey highlighting how AI is driving travel bookings while merchant trust and fraud concerns remain important. That supports Riskified’s positioning in e-commerce fraud prevention and could reinforce demand for its risk intelligence products. Riskified Study: As AI Drives a Summer Travel Boom, Clunky Security and Scam Fears Threaten Merchant Conversions
• Neutral Sentiment: Riskified’s recent quarterly results beat expectations on both EPS and revenue, which continues to support the stock after the latest earnings report showed better-than-expected performance and modest revenue growth.
• Negative Sentiment: Multiple insiders, including director Erez Shachar and insider Ravi Kumaraswami, disclosed sizable stock sales over the past few days. Even though some sales were made under pre-arranged 10b5-1 plans, the clustering of insider selling can weigh on investor sentiment. Riskified (NYSE:RSKD) Director Erez Shachar Sells 124,085 Shares of Stock

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on RSKD shares. Truist Financial cut their price target on shares of Riskified from $8.00 to $7.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $5.96.

Hedge Funds Weigh In On Riskified

Several hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Riskified in the second quarter valued at approximately $36,000. Man Group plc acquired a new stake in shares of Riskified in the fourth quarter worth $50,000. Virtu Financial LLC acquired a new stake in shares of Riskified in the third quarter worth $51,000. Invesco Ltd. purchased a new position in shares of Riskified in the 1st quarter valued at $51,000. Finally, T3 Companies LLC purchased a new position in shares of Riskified in the 4th quarter valued at $54,000. 58.98% of the stock is owned by institutional investors and hedge funds.

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.