Riskified (NYSE:RSKD) Director Erez Shachar Sells 64,800 Shares of Stock

by · The Markets Daily

Riskified Ltd. (NYSE:RSKD – Get Free Report) Director Erez Shachar sold 64,800 shares of the stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $5.22, for a total transaction of $338,256.00. Following the completion of the sale, the director directly owned 1,496,621 shares of the company’s stock, valued at $7,812,361.62. This trade represents a 4.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Erez Shachar also recently made the following trade(s):

  • On Wednesday, July 8th, Erez Shachar sold 64,349 shares of Riskified stock. The shares were sold at an average price of $5.18, for a total transaction of $333,327.82.
  • On Tuesday, July 7th, Erez Shachar sold 148,221 shares of Riskified stock. The stock was 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 shares were 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 stock was 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 stock was 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.
  • On Thursday, June 25th, Erez Shachar sold 124,085 shares of Riskified stock. The shares were sold at an average price of $4.96, for a total value of $615,461.60.
  • On Wednesday, June 24th, Erez Shachar sold 168,300 shares of Riskified stock. The shares were sold at an average price of $4.89, for a total value of $822,987.00.

Riskified Stock Performance

Shares of NYSE RSKD traded down $0.10 during midday trading on Friday, reaching $5.16. 328,195 shares of the company’s stock were exchanged, compared to its average volume of 842,597. Riskified Ltd. has a 52-week low of $3.70 and a 52-week high of $5.68. The business’s fifty day moving average price is $4.88 and its two-hundred day moving average price is $4.60. The stock has a market capitalization of $763.71 million, a PE ratio of -46.86 and a beta of 1.38.

Riskified (NYSE:RSKD – Get Free Report) last issued 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. Riskified had a negative return on equity of 3.91% and a negative net margin of 5.17%.The firm had revenue of $88.27 million during the quarter, compared to analyst estimates of $87.72 million. Analysts predict that Riskified Ltd. will post -0.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $5.96.

View Our Latest Stock Report on RSKD

Institutional Investors Weigh In On Riskified

Several institutional investors and hedge funds have recently bought and sold shares of RSKD. Public Employees Retirement System of Ohio raised its stake in 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 acquiring an additional 2,900 shares during the period. FNY Investment Advisers LLC grew its holdings in shares of Riskified by 24.8% during the third quarter. FNY Investment Advisers LLC now owns 15,110 shares of the company’s stock valued at $70,000 after purchasing an additional 3,000 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Riskified by 5.5% during the second quarter. California State Teachers Retirement System now owns 93,086 shares of the company’s stock valued at $464,000 after purchasing an additional 4,826 shares during the last quarter. Swiss National Bank raised its position in shares of Riskified by 3.1% during the 4th quarter. Swiss National Bank now owns 167,513 shares of the company’s stock worth $833,000 after purchasing an additional 5,000 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Riskified by 18.1% during the 4th quarter. Geode Capital Management LLC now owns 33,828 shares of the company’s stock worth $168,000 after purchasing an additional 5,178 shares during the period. Institutional investors and hedge funds own 58.98% of the company’s stock.

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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