Erez Shachar Sells 64,800 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 64,800 shares of the business’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $5.22, for a total transaction of $338,256.00. Following the sale, the director owned 1,496,621 shares of the company’s stock, valued at approximately $7,812,361.62. This represents a 4.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 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 transaction 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 shares were 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 shares were 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 transaction 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 transaction of $822,987.00.

Riskified Price Performance

Shares of RSKD traded down $0.10 during mid-day trading on Friday, reaching $5.16. 328,195 shares of the company’s stock traded hands, compared to its average volume of 1,112,392. Riskified Ltd. has a 12 month low of $3.70 and a 12 month high of $5.68. The stock has a market cap of $763.71 million, a P/E ratio of -46.86 and a beta of 1.38. The stock’s 50-day moving average is $4.89 and its two-hundred day moving average is $4.61.

Riskified (NYSE:RSKDGet Free Report) last released its earnings results 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 analyst estimates of $87.72 million. Riskified had a negative return on equity of 3.91% and a negative net margin of 5.17%. Research analysts predict that Riskified Ltd. will post -0.01 earnings per share for the current year.

Hedge Funds Weigh In On Riskified

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in shares of Riskified in the 2nd quarter valued at about $36,000. Man Group plc acquired a new stake in Riskified in the fourth quarter valued at approximately $50,000. Virtu Financial LLC acquired a new position in shares of Riskified during the third quarter worth $51,000. Invesco Ltd. purchased a new stake in shares of Riskified during the 1st quarter valued at $51,000. Finally, T3 Companies LLC purchased a new position in Riskified during the 4th quarter worth $54,000. Hedge funds and other institutional investors own 58.98% of the company’s stock.

Analysts Set New Price Targets

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 investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Riskified currently has a consensus rating of “Hold” and an average target price of $5.96.

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.

Further Reading

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

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