Riskified (NYSE:RSKD) CFO Aglika Dotcheva Sells 20,000 Shares of Stock

Riskified Ltd. (NYSE:RSKD) CFO Aglika Dotcheva sold 20,000 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $5.01, for a total transaction of $100,200.00. Following the sale, the chief financial officer owned 1,779,742 shares in the company, valued at approximately $8,916,507.42. This trade represents a 1.11% decrease in their position. The transaction 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.

Aglika Dotcheva also recently made the following trade(s):

• On Thursday, July 2nd, Aglika Dotcheva sold 800 shares of Riskified stock. The shares were sold at an average price of $5.20, for a total value of $4,160.00.
• On Tuesday, May 19th, Aglika Dotcheva sold 400 shares of Riskified stock. The shares were sold at an average price of $5.00, for a total value of $2,000.00.

Riskified Trading Up 1.0%

Shares of Riskified stock opened at $5.30 on Tuesday. The stock has a market capitalization of $785.94 million, a price-to-earnings ratio of -47.34 and a beta of 1.38. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $5.68. The business’s 50 day simple moving average is $4.83 and its 200-day simple moving average is $4.60.

Riskified (NYSE:RSKD) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. Riskified had a negative return on equity of 3.91% and a negative net margin of 5.17%.The business had revenue of $88.27 million during the quarter, compared to analyst estimates of $87.72 million. Sell-side analysts predict that Riskified Ltd. will post -0.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.96.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Riskified during the second quarter worth approximately $36,000. Man Group plc acquired a new stake in shares of Riskified in the fourth quarter valued at $50,000. Virtu Financial LLC bought a new position in Riskified during the third quarter valued at about $51,000. Invesco Ltd. bought a new position in Riskified during the first quarter valued at about $51,000. Finally, T3 Companies LLC acquired a new position in Riskified during the fourth quarter worth about $54,000. Institutional investors and hedge funds own 58.98% of the company’s stock.

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.