Riskified (NYSE:RSKD) Director Sells $333,327.82 in Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 64,349 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $5.18, for a total transaction of $333,327.82. Following the completion of the transaction, the director owned 1,561,421 shares of the company’s stock, valued at $8,088,160.78. The trade was a 3.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible 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 stock was 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 shares were 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 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 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 stock was 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 stock was sold at an average price of $4.89, for a total value of $822,987.00.

Riskified Stock Up 0.5%

NYSE:RSKD opened at $5.16 on Monday. The stock’s 50-day simple moving average is $4.89 and its 200 day simple moving average is $4.61. The firm has a market capitalization of $763.72 million, a PE ratio of -46.86 and a beta of 1.38. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $5.68.

Riskified (NYSE:RSKD) last issued its earnings results on Thursday, May 14th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. The firm had revenue of $88.27 million during the quarter, compared to the consensus estimate of $87.72 million. Riskified had a negative return on equity of 3.91% and a negative net margin of 5.17%. On average, analysts anticipate that Riskified Ltd. will post -0.01 EPS for the current fiscal year.

Hedge Funds Weigh In On Riskified

Institutional investors and hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio raised its position in Riskified by 1.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 302,262 shares of the company’s stock valued at $1,502,000 after purchasing an additional 2,900 shares during the last quarter. FNY Investment Advisers LLC grew its holdings 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 purchasing an additional 3,000 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Riskified by 5.5% in the second quarter. California State Teachers Retirement System now owns 93,086 shares of the company’s stock valued at $464,000 after buying an additional 4,826 shares during the period. Swiss National Bank increased its stake in shares of Riskified by 3.1% in the fourth quarter. Swiss National Bank now owns 167,513 shares of the company’s stock valued at $833,000 after buying an additional 5,000 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Riskified by 18.1% in the 4th quarter. Geode Capital Management LLC now owns 33,828 shares of the company’s stock valued at $168,000 after buying an additional 5,178 shares during the last quarter. Institutional investors and hedge funds own 58.98% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.96.

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.