Riskified (NYSE:RSKD) CTO Sells $152,521.20 in Stock

Riskified Ltd. (NYSE:RSKD) CTO Assaf Feldman sold 32,590 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $4.68, for a total value of $152,521.20. Following the sale, the chief technology officer directly owned 2,163,125 shares in the company, valued at $10,123,425. This trade represents a 1.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Riskified Stock Down 1.5%

Shares of RSKD opened at $4.75 on Thursday. The company has a market capitalization of $703.56 million, a price-to-earnings ratio of -27.93 and a beta of 1.39. Riskified Ltd. has a 52-week low of $3.70 and a 52-week high of $5.68. The stock has a 50 day moving average price of $4.31 and a 200 day moving average price of $4.58.

Riskified (NYSE:RSKD) last issued its quarterly earnings data on Wednesday, March 4th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. Riskified had a negative net margin of 8.00% and a negative return on equity of 5.63%. The business had revenue of $99.33 million during the quarter, compared to the consensus estimate of $97.21 million.

Analysts Set New Price Targets

A number of analysts have recently commented on RSKD shares. Wall Street Zen upgraded Riskified from a “hold” rating to a “buy” rating in a research report on Sunday, March 15th. Truist Financial reduced their price objective on Riskified from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Riskified currently has a consensus rating of “Hold” and a consensus target price of $5.96.

Institutional Investors Weigh In On Riskified

Several hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio increased its stake in Riskified by 1.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 302,262 shares of the company’s stock valued at $1,502,000 after buying an additional 2,900 shares during the period. FNY Investment Advisers LLC increased its stake in shares of Riskified by 24.8% during the third quarter. FNY Investment Advisers LLC now owns 15,110 shares of the company’s stock worth $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 worth $1,724,000 after purchasing an additional 4,248 shares in the last quarter. California State Teachers Retirement System boosted its holdings in Riskified by 5.5% in the 2nd quarter. California State Teachers Retirement System now owns 93,086 shares of the company’s stock valued at $464,000 after purchasing an additional 4,826 shares in the last quarter. Finally, Swiss National Bank increased its position in Riskified by 3.1% during the 4th quarter. Swiss National Bank now owns 167,513 shares of the company’s stock worth $833,000 after purchasing an additional 5,000 shares during the period. 58.98% of the stock is owned by institutional investors and hedge funds.

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.