Erez Shachar Sells 82,103 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 82,103 shares of the company’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $5.21, for a total value of $427,756.63. Following the transaction, the director directly owned 1,390,190 shares in the company, valued at approximately $7,242,889.90. The trade was a 5.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 Friday, July 10th, Erez Shachar sold 24,328 shares of Riskified stock. The shares were sold at an average price of $5.22, for a total value of $126,992.16.
• On Thursday, July 9th, Erez Shachar sold 64,800 shares of Riskified stock. The stock was sold at an average price of $5.22, for a total value of $338,256.00.
• 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 value 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 transaction 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 transaction 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 shares were sold at an average price of $5.02, for a total transaction 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 shares were sold at an average price of $5.02, for a total transaction of $1,787,120.00.

Riskified Trading Down 0.5%

Shares of RSKD stock opened at $5.14 on Thursday. Riskified Ltd. has a 12-month low of $3.70 and a 12-month high of $5.68. The firm’s 50 day moving average is $4.92 and its 200 day moving average is $4.61. The stock has a market capitalization of $762.24 million, a P/E ratio of -46.77 and a beta of 1.38.

Riskified (NYSE:RSKD) last announced its earnings results 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 during the quarter, compared to analyst estimates of $87.72 million. Riskified had a negative net margin of 5.17% and a negative return on equity of 3.91%. As a group, equities analysts predict that Riskified Ltd. will post -0.01 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its position in shares of Riskified by 1.7% during the 1st quarter. Renaissance Technologies LLC now owns 1,358,900 shares of the company’s stock valued at $5,327,000 after buying an additional 22,100 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in Riskified in the 1st quarter worth approximately $56,000. Sei Investments Co. increased its holdings in Riskified by 87.4% in the 1st quarter. Sei Investments Co. now owns 356,173 shares of the company’s stock worth $1,396,000 after acquiring an additional 166,099 shares in the last quarter. State of Wyoming raised its stake in Riskified by 16.4% during the 1st quarter. State of Wyoming now owns 107,785 shares of the company’s stock worth $423,000 after acquiring an additional 15,195 shares during the period. Finally, R Squared Ltd lifted its holdings in Riskified by 57.8% during the first quarter. R Squared Ltd now owns 19,813 shares of the company’s stock valued at $78,000 after purchasing an additional 7,257 shares in the last quarter. Institutional investors own 58.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wall Street Zen upgraded Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Keefe, Bruyette & Woods raised their target price on Riskified from $5.25 to $5.50 and gave the stock a “market perform” rating in a research report on Monday. Three investment 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $6.00.

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.