Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 64,349 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $5.18, for a total transaction of $333,327.82. Following the transaction, the director directly owned 1,561,421 shares in the company, valued at approximately $8,088,160.78. This represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Erez Shachar also recently made the following trade(s):
- On Thursday, July 9th, Erez Shachar sold 64,800 shares of Riskified stock. The shares were sold at an average price of $5.22, for a total transaction of $338,256.00.
- On Tuesday, July 7th, Erez Shachar sold 148,221 shares of Riskified stock. The shares were sold at an average price of $5.27, for a total transaction of $781,124.67.
- On Monday, July 6th, Erez Shachar sold 154,436 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total transaction of $806,155.92.
- On Thursday, July 2nd, Erez Shachar sold 265,549 shares of Riskified stock. The stock was sold at an average price of $5.08, for a total transaction of $1,348,988.92.
- On Wednesday, July 1st, Erez Shachar sold 435,900 shares of Riskified stock. The shares were sold at an average price of $5.02, for a total transaction of $2,188,218.00.
- On Tuesday, June 30th, Erez Shachar sold 281,501 shares of Riskified stock. The shares were sold at an average price of $5.02, for a total value of $1,413,135.02.
- On Monday, June 29th, Erez Shachar sold 220,600 shares of Riskified stock. The stock was sold at an average price of $5.05, for a total value of $1,114,030.00.
- On Friday, June 26th, Erez Shachar sold 356,000 shares of Riskified stock. The stock was sold at an average price of $5.02, for a total value of $1,787,120.00.
- On Thursday, June 25th, Erez Shachar sold 124,085 shares of Riskified stock. The shares were sold at an average price of $4.96, for a total value of $615,461.60.
- On Wednesday, June 24th, Erez Shachar sold 168,300 shares of Riskified stock. The shares were sold at an average price of $4.89, for a total value of $822,987.00.
Riskified Stock Down 2.0%
Shares of RSKD traded down $0.10 during trading hours on Friday, hitting $5.16. 328,195 shares of the company were exchanged, compared to its average volume of 1,112,392. The company has a market cap of $763.71 million, a price-to-earnings ratio of -46.86 and a beta of 1.38. Riskified Ltd. has a fifty-two week low of $3.70 and a fifty-two week high of $5.68. The firm’s fifty day moving average is $4.89 and its 200 day moving average is $4.61.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a 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 company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $5.96.
Check Out Our Latest Research Report on RSKD
Hedge Funds Weigh In On Riskified
Hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in shares of Riskified during the 2nd quarter worth $36,000. Man Group plc acquired a new stake in Riskified in the fourth quarter valued at about $50,000. T3 Companies LLC bought a new position in Riskified in the fourth quarter valued at about $54,000. Orion Porfolio Solutions LLC bought a new position in Riskified in the second quarter valued at about $54,000. Finally, Virtu Financial LLC acquired a new position in Riskified during the third quarter worth about $51,000. 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.
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