Erez Shachar Sells 101,600 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 101,600 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $4.93, for a total transaction of $500,888.00. Following the completion of the sale, the director directly owned 4,005,766 shares of the company’s stock, valued at $19,748,426.38. The trade was a 2.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through 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 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 transaction of $370,003.68.
  • On Wednesday, June 17th, Erez Shachar sold 96,100 shares of Riskified stock. The shares were sold at an average price of $4.94, for a total transaction of $474,734.00.
  • 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 value 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 value of $398,180.94.
  • On Wednesday, June 10th, Erez Shachar sold 109,462 shares of Riskified stock. The shares were sold at an average price of $4.93, for a total value 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 stock was 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 transaction of $216,006.70.
  • On Wednesday, June 3rd, Erez Shachar sold 2,562 shares of Riskified stock. The shares were sold at an average price of $4.90, for a total transaction of $12,553.80.
  • On Wednesday, May 27th, Erez Shachar sold 400 shares of Riskified stock. The stock was sold at an average price of $4.80, for a total transaction of $1,920.00.

Riskified Stock Up 1.2%

RSKD traded up $0.06 during trading hours on Tuesday, hitting $4.92. 1,485,812 shares of the company’s stock were exchanged, compared to its average volume of 804,724. Riskified Ltd. has a 1-year low of $3.70 and a 1-year high of $5.68. The stock’s 50-day moving average is $4.70 and its two-hundred day moving average is $4.59. The stock has a market cap of $728.90 million, a price-to-earnings ratio of -44.73 and a beta of 1.40.

Riskified (NYSE:RSKDGet Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. The company had revenue of $88.27 million during the quarter, compared to analysts’ expectations of $87.72 million. Riskified had a negative return on equity of 3.91% and a negative net margin of 5.17%. On average, equities research analysts anticipate that Riskified Ltd. will post -0.01 EPS for the current year.

Institutional Investors Weigh In On Riskified

A number of institutional investors and hedge funds have recently modified their holdings of RSKD. Raymond James Financial Inc. acquired a new stake in Riskified in the 2nd quarter valued at about $36,000. Man Group plc acquired a new position in Riskified during the fourth quarter worth approximately $50,000. Virtu Financial LLC bought a new stake in Riskified in the third quarter valued at approximately $51,000. Invesco Ltd. bought a new stake in Riskified in the first quarter valued at approximately $51,000. Finally, T3 Companies LLC acquired a new stake in shares of Riskified in the fourth quarter valued at approximately $54,000. 58.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

RSKD has been the topic of several recent analyst reports. Truist Financial lowered their price target on Riskified from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Wall Street Zen raised Riskified from a “buy” rating to a “strong-buy” rating in a report 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 given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.96.

View Our Latest Report on RSKD

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.

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

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