Insider Selling: Riskified (NYSE:RSKD) CTO Sells $1,157,170.24 in Stock

Riskified Ltd. (NYSE:RSKD) CTO Assaf Feldman sold 230,512 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $5.02, for a total transaction of $1,157,170.24. Following the transaction, the chief technology officer directly owned 1,932,613 shares of the company’s stock, valued at approximately $9,701,717.26. This represents a 10.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Assaf Feldman also recently made the following trade(s):

• On Monday, July 6th, Assaf Feldman sold 32,588 shares of Riskified stock. The stock was sold at an average price of $5.19, for a total transaction of $169,131.72.
• On Friday, May 1st, Assaf Feldman sold 32,590 shares of Riskified stock. The stock was sold at an average price of $4.68, for a total transaction of $152,521.20.

Riskified Price Performance

Shares of NYSE:RSKD opened at $5.18 on Thursday. The firm has a fifty day moving average price of $4.86 and a two-hundred day moving average price of $4.60. The company has a market cap of $768.16 million, a price-to-earnings ratio of -47.14 and a beta of 1.38. Riskified Ltd. has a one year low of $3.70 and a one year high of $5.68.

Riskified (NYSE:RSKD) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $88.27 million for the quarter, compared to analysts’ expectations of $87.72 million. Equities research analysts expect that Riskified Ltd. will post -0.01 EPS for the current fiscal year.

Institutional Trading of Riskified

Hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in Riskified in the second quarter worth $36,000. Man Group plc purchased a new stake in Riskified during the fourth quarter valued at about $50,000. Virtu Financial LLC bought a new stake in Riskified during the third quarter worth about $51,000. Invesco Ltd. bought a new stake in Riskified during the first quarter worth about $51,000. Finally, T3 Companies LLC purchased a new position in shares of Riskified in the 4th quarter worth about $54,000. 58.98% of the stock is owned by institutional investors.

More Riskified News

Here are the key news stories impacting Riskified this week:

• Neutral Sentiment: CFO Aglika Dotcheva sold 19,200 shares at about $5.20 each, reducing her stake by 1.12%; the trade was made under a pre-arranged Rule 10b5-1 plan. SEC filing for Aglika Dotcheva sale
• Neutral Sentiment: CTO Assaf Feldman sold 32,588 shares at about $5.19 each, cutting his ownership by 1.72%; this also appears to have been executed under a 10b5-1 trading plan. SEC filing for Assaf Feldman sale
• Neutral Sentiment: Director Erez Shachar disclosed two large sales in early July, including 154,436 shares at about $5.22 and 148,221 shares at about $5.27, trimming his holdings by roughly 8%. SEC filing for Erez Shachar sale
• Neutral Sentiment: The company’s latest earnings release was modestly positive, with EPS and revenue both edging above expectations, which may help support the stock despite insider selling.
• Neutral Sentiment: Analysts remain mixed overall, with consensus still at “Hold,” though the average price target sits above the current trading range.

Analyst Ratings Changes

Separately, Wall Street Zen raised Riskified from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Three research 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 MarketBeat.com, Riskified currently has a consensus rating of “Hold” and a consensus price target of $5.96.

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.