Erez Shachar Sells 148,221 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 148,221 shares of the stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $5.27, for a total transaction of $781,124.67. Following the completion of the sale, the director directly owned 1,625,770 shares in the company, valued at $8,567,807.90. This trade represents a 8.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 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 shares were sold at an average price of $5.08, for a total transaction 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 transaction of $2,188,218.00.
• On Tuesday, June 30th, Erez Shachar sold 281,501 shares of Riskified stock. The stock was 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 transaction 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 shares were sold at an average price of $4.96, for a total transaction 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.
• On Tuesday, June 23rd, Erez Shachar sold 150,200 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total value of $740,486.00.
• On Monday, June 22nd, Erez Shachar sold 75,204 shares of Riskified stock. The stock was sold at an average price of $4.92, for a total value of $370,003.68.

Riskified Stock Performance

Riskified stock opened at $5.25 on Friday. The business’s 50-day simple moving average is $4.88 and its two-hundred day simple moving average is $4.60. The company has a market cap of $778.53 million, a PE ratio of -47.77 and a beta of 1.38. Riskified Ltd. has a fifty-two week low of $3.70 and a fifty-two week high of $5.68.

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

Hedge Funds Weigh In On Riskified

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

Analyst Ratings Changes

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