Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 96,100 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $4.94, for a total transaction of $474,734.00. Following the completion of the transaction, the director directly owned 4,107,366 shares of the company’s stock, valued at approximately $20,290,388.04. This represents a 2.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Erez Shachar also recently made the following trade(s):
- On Tuesday, June 16th, Erez Shachar sold 261,459 shares of Riskified stock. The stock was sold at an average price of $4.95, for a total transaction of $1,294,222.05.
- On Thursday, June 11th, Erez Shachar sold 81,762 shares of Riskified stock. The stock was sold at an average price of $4.87, for a total transaction of $398,180.94.
- On Wednesday, June 10th, Erez Shachar sold 109,462 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total transaction of $539,647.66.
- On Tuesday, June 9th, Erez Shachar sold 132,462 shares of Riskified stock. The shares were sold at an average price of $4.91, for a total value of $650,388.42.
- On Monday, June 8th, Erez Shachar sold 108,150 shares of Riskified stock. The shares were sold at an average price of $4.87, for a total value of $526,690.50.
- On Thursday, June 4th, Erez Shachar sold 44,083 shares of Riskified stock. The stock was 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 stock was 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 shares were 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.
Riskified Trading Down 0.3%
NYSE RSKD opened at $4.94 on Friday. The business’s 50-day moving average price is $4.69 and its 200 day moving average price is $4.59. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $5.68. The company has a market capitalization of $731.42 million, a PE ratio of -44.88 and a beta of 1.40.
Analyst Ratings Changes
RSKD has been the subject of several research analyst reports. Truist Financial dropped their price target 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. 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 equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Riskified has a consensus rating of “Hold” and a consensus target price of $5.96.
View Our Latest Stock Report on Riskified
Institutional Investors Weigh In On Riskified
A number of institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Riskified during the second quarter worth about $36,000. Man Group plc acquired a new position in shares of Riskified in the 4th quarter valued at about $50,000. Virtu Financial LLC purchased a new stake in shares of Riskified during the 3rd quarter worth about $51,000. Invesco Ltd. purchased a new stake in shares of Riskified during the 1st quarter worth about $51,000. Finally, T3 Companies LLC purchased a new stake in shares of Riskified during the 4th quarter worth about $54,000. Hedge funds and other institutional investors own 58.98% of the company’s stock.
Riskified Company Profile
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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