Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 109,462 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $4.93, for a total transaction of $539,647.66. Following the transaction, the director owned 4,777,811 shares in the company, valued at approximately $23,554,608.23. The trade was a 2.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Erez Shachar also recently made the following trade(s):
- On Thursday, June 11th, Erez Shachar sold 81,762 shares of Riskified stock. The shares were sold at an average price of $4.87, for a total transaction of $398,180.94.
- On Tuesday, June 9th, Erez Shachar sold 132,462 shares of Riskified stock. The stock was sold at an average price of $4.91, for a total transaction of $650,388.42.
- On Monday, June 8th, Erez Shachar sold 108,150 shares of Riskified stock. The stock was sold at an average price of $4.87, for a total transaction of $526,690.50.
- On Thursday, June 4th, Erez Shachar sold 44,083 shares of Riskified stock. The shares were sold at an average price of $4.90, for a total value of $216,006.70.
- On Wednesday, June 3rd, Erez Shachar sold 2,562 shares of Riskified stock. The shares were sold at an average price of $4.90, for a total value of $12,553.80.
- On Wednesday, May 27th, Erez Shachar sold 400 shares of Riskified stock. The shares were sold at an average price of $4.80, for a total value of $1,920.00.
- On Tuesday, May 26th, Erez Shachar sold 65,169 shares of Riskified stock. The stock was sold at an average price of $4.80, for a total value of $312,811.20.
- On Friday, May 22nd, Erez Shachar sold 60,797 shares of Riskified stock. The shares were sold at an average price of $4.81, for a total value of $292,433.57.
- On Thursday, May 21st, Erez Shachar sold 44,677 shares of Riskified stock. The stock was sold at an average price of $4.81, for a total value of $214,896.37.
Riskified Stock Performance
RSKD traded up $0.01 on Friday, reaching $4.94. 1,080,690 shares of the company’s stock were exchanged, compared to its average volume of 786,098. The company’s 50 day moving average is $4.58 and its 200-day moving average is $4.59. The company has a market cap of $731.12 million, a price-to-earnings ratio of -44.86 and a beta of 1.40. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $5.68.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the stock. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Truist Financial dropped their target price on shares of Riskified from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Three 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 MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.96.
Read Our Latest Research Report on RSKD
Institutional Trading of Riskified
Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in Riskified in the second quarter valued at $36,000. Man Group plc acquired a new stake in Riskified in the fourth quarter valued at $50,000. Virtu Financial LLC acquired a new stake in Riskified in the third quarter valued at $51,000. Invesco Ltd. acquired a new stake in Riskified in the first quarter valued at $51,000. Finally, T3 Companies LLC acquired a new stake in Riskified in the fourth quarter valued at $54,000. 58.98% of the stock is owned by institutional investors and hedge funds.
About Riskified
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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