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

Riskified Ltd. (NYSE:RSKD) CFO Aglika Dotcheva sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $5.01, for a total transaction of $100,200.00. Following the completion of the sale, the chief financial officer owned 1,779,742 shares of the company’s stock, valued at approximately $8,916,507.42. This trade represents a 1.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 stock was 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 Stock Down 0.3%

RSKD stock opened at $5.24 on Wednesday. The firm has a 50 day moving average of $4.85 and a 200 day moving average of $4.60. Riskified Ltd. has a 52 week low of $3.70 and a 52 week high of $5.68. The stock has a market capitalization of $775.57 million, a PE ratio of -47.59 and a beta of 1.38.

Riskified (NYSE:RSKD) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.05 earnings per share for the quarter, beating 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%. On average, equities research analysts expect that Riskified Ltd. will post -0.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Riskified

Several hedge funds and other institutional investors have recently made changes to their positions in RSKD. Public Employees Retirement System of Ohio increased its position in shares of Riskified by 1.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 302,262 shares of the company’s stock worth $1,502,000 after purchasing an additional 2,900 shares in the last quarter. FNY Investment Advisers LLC boosted its stake in Riskified by 24.8% during the 3rd quarter. FNY Investment Advisers LLC now owns 15,110 shares of the company’s stock worth $70,000 after purchasing an additional 3,000 shares during the last quarter. California State Teachers Retirement System boosted its stake in Riskified by 5.5% during the 2nd quarter. California State Teachers Retirement System now owns 93,086 shares of the company’s stock worth $464,000 after purchasing an additional 4,826 shares during the last quarter. Swiss National Bank grew its holdings in shares of Riskified by 3.1% during the fourth quarter. Swiss National Bank now owns 167,513 shares of the company’s stock worth $833,000 after buying an additional 5,000 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Riskified by 18.1% in the fourth quarter. Geode Capital Management LLC now owns 33,828 shares of the company’s stock valued at $168,000 after buying an additional 5,178 shares during the last quarter. Hedge funds and other institutional investors 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.