Aglika Dotcheva Sells 19,200 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) CFO Aglika Dotcheva sold 19,200 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $5.20, for a total value of $99,840.00. Following the completion of the transaction, the chief financial officer owned 1,690,874 shares of the company’s stock, valued at $8,792,544.80. The trade was a 1.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aglika Dotcheva also recently made the following trade(s):

• On Thursday, July 2nd, Aglika Dotcheva sold 800 shares of Riskified stock. The shares were sold at an average price of $5.20, for a total transaction of $4,160.00.
• On Wednesday, July 1st, Aglika Dotcheva sold 20,000 shares of Riskified stock. The stock was sold at an average price of $5.01, for a total transaction of $100,200.00.
• On Tuesday, May 19th, Aglika Dotcheva sold 400 shares of Riskified stock. The shares were sold at an average price of $5.00, for a total transaction of $2,000.00.

Riskified Trading Down 1.2%

Shares of RSKD traded down $0.07 during midday trading on Wednesday, reaching $5.18. The stock had a trading volume of 686,919 shares, compared to its average volume of 848,633. The firm has a market cap of $768.16 million, a PE ratio of -47.14 and a beta of 1.38. The firm has a 50 day simple moving average of $4.85 and a 200-day simple moving average of $4.60. Riskified Ltd. has a one year low of $3.70 and a one year high of $5.68.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised 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 given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.96.

Hedge Funds Weigh In On Riskified

A number of large investors have recently made changes to their positions in RSKD. Invesco Ltd. acquired a new stake in Riskified during the 1st quarter worth approximately $51,000. Russell Investments Group Ltd. grew its holdings in Riskified by 178.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 225,468 shares of the company’s stock valued at $1,125,000 after buying an additional 144,431 shares in the last quarter. Marshall Wace LLP bought a new position in Riskified during the 2nd quarter worth $1,453,000. Qube Research & Technologies Ltd increased its position in Riskified by 7.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 271,536 shares of the company’s stock worth $1,355,000 after buying an additional 18,690 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Riskified during the second quarter worth $36,000. Institutional investors own 58.98% of the company’s stock.

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.