Riskified (NYSE:RSKD) Director Erez Shachar Sells 115,500 Shares

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 115,500 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $5.89, for a total value of $680,295.00. Following the completion of the transaction, the director directly owned 2,094,184 shares in the company, valued at $12,334,743.76. This represents a 5.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 Monday, August 24th, Erez Shachar sold 102,407 shares of Riskified stock. The shares were sold at an average price of $5.92, for a total transaction of $606,249.44.
  • On Thursday, August 20th, Erez Shachar sold 157,200 shares of Riskified stock. The stock was sold at an average price of $5.95, for a total transaction of $935,340.00.
  • On Wednesday, August 19th, Erez Shachar sold 139,884 shares of Riskified stock. The stock was sold at an average price of $6.11, for a total transaction of $854,691.24.
  • On Monday, July 27th, Erez Shachar sold 5,586 shares of Riskified stock. The shares were sold at an average price of $5.25, for a total transaction of $29,326.50.
  • On Friday, July 17th, Erez Shachar sold 7,909 shares of Riskified stock. The shares were sold at an average price of $5.19, for a total value of $41,047.71.
  • On Monday, July 20th, Erez Shachar sold 27,600 shares of Riskified stock. The stock was sold at an average price of $5.27, for a total value of $145,452.00.
  • On Thursday, July 16th, Erez Shachar sold 78,800 shares of Riskified stock. The shares were sold at an average price of $5.11, for a total value of $402,668.00.
  • On Monday, July 13th, Erez Shachar sold 82,103 shares of Riskified stock. The stock was sold at an average price of $5.21, for a total value of $427,756.63.
  • On Friday, July 10th, Erez Shachar sold 24,328 shares of Riskified stock. The stock was 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 shares were sold at an average price of $5.22, for a total value of $338,256.00.

Riskified Price Performance

Shares of RSKD opened at $5.93 on Wednesday. The business’s 50-day moving average is $5.34 and its 200-day moving average is $4.78. The company has a market capitalization of $879.27 million, a price-to-earnings ratio of -53.95 and a beta of 1.38. Riskified Ltd. has a fifty-two week low of $3.70 and a fifty-two week high of $6.61.

Riskified (NYSE:RSKDGet Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The business had revenue of $98.69 million during the quarter, compared to analysts’ expectations of $89.18 million. Riskified had a negative net margin of 4.23% and a negative return on equity of 3.93%. Equities research analysts expect that Riskified Ltd. will post -0.01 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in Riskified during the second quarter valued at approximately $36,000. Man Group plc acquired a new stake in shares of Riskified in the fourth quarter worth $50,000. Virtu Financial LLC acquired a new stake in shares of Riskified in the third quarter worth $51,000. Invesco Ltd. bought a new stake in shares of Riskified during the 1st quarter worth $51,000. Finally, T3 Companies LLC acquired a new position in Riskified in the 4th quarter valued at $54,000. 58.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on RSKD shares. The Goldman Sachs Group lifted their price objective on Riskified from $4.75 to $5.50 and gave the company a “sell” rating in a research report on Wednesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Riskified in a report on Friday, August 14th. Wall Street Zen raised Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. DA Davidson restated a “buy” rating and issued a $7.50 price objective on shares of Riskified in a report on Monday. Finally, UBS Group raised their price objective on shares of Riskified from $5.00 to $6.75 and gave the company a “neutral” rating in a research report on Thursday, August 13th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $6.50.

Get Our Latest Stock Analysis on RSKD

Riskified Company Profile

(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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