Riskified (NYSE:RSKD) Director Sells $126,992.16 in Stock

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 24,328 shares of Riskified stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $5.22, for a total value of $126,992.16. Following the completion of the transaction, the director owned 1,472,293 shares of the company’s stock, valued at approximately $7,685,369.46. The trade was a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 Monday, July 13th, Erez Shachar sold 82,103 shares of Riskified stock. The shares were sold at an average price of $5.21, for a total value of $427,756.63.
  • On Thursday, July 9th, Erez Shachar sold 64,800 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total value of $338,256.00.
  • On Wednesday, July 8th, Erez Shachar sold 64,349 shares of Riskified stock. The stock was sold at an average price of $5.18, for a total value of $333,327.82.
  • 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 value 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 value 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 value of $1,348,988.92.
  • On Wednesday, July 1st, Erez Shachar sold 435,900 shares of Riskified stock. The stock was sold at an average price of $5.02, for a total value 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 shares were 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 shares were sold at an average price of $5.02, for a total transaction of $1,787,120.00.

Riskified Stock Performance

Riskified stock opened at $5.14 on Friday. The company has a 50-day simple moving average of $4.93 and a 200-day simple moving average of $4.61. The firm has a market capitalization of $762.23 million, a P/E ratio of -46.77 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:RSKDGet Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $88.27 million for the quarter, compared to analysts’ expectations 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, sell-side analysts forecast that Riskified Ltd. will post -0.01 earnings per share for the current year.

Institutional Investors Weigh In On Riskified

Institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in Riskified during the 2nd quarter valued at $36,000. Man Group plc bought a new stake in shares of Riskified in the 4th quarter worth $50,000. Virtu Financial LLC bought a new stake in shares of Riskified in the 3rd quarter worth $51,000. Invesco Ltd. acquired a new stake in shares of Riskified in the first quarter valued at $51,000. Finally, T3 Companies LLC acquired a new stake in shares of Riskified in the fourth quarter valued at $54,000. 58.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

RSKD has been the topic of a number of recent analyst reports. Wall Street Zen raised Riskified from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Keefe, Bruyette & Woods increased their price objective on Riskified from $5.25 to $5.50 and gave the stock a “market perform” rating in a report on Monday. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $6.00.

View Our Latest Stock Report on Riskified

About Riskified

(Get Free Report)

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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Insider Buying and Selling by Quarter for Riskified (NYSE:RSKD)

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