Insider Selling: Riskified (NYSE:RSKD) Director Sells $427,756.63 in Stock

Riskified Ltd. (NYSE:RSKDGet Free Report) Director Erez Shachar sold 82,103 shares of Riskified stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $5.21, for a total transaction of $427,756.63. Following the sale, the director owned 1,390,190 shares of the company’s stock, valued at approximately $7,242,889.90. This trade represents 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 transaction 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 transaction 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 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 value of $806,155.92.
  • On Thursday, July 2nd, Erez Shachar sold 265,549 shares of Riskified stock. The stock was sold at an average price of $5.08, for a total value 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 value 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 value 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 value 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 value of $1,787,120.00.

Riskified Trading Down 0.1%

Riskified stock opened at $5.14 on Friday. The firm has a market capitalization of $762.23 million, a P/E ratio of -46.77 and a beta of 1.38. The stock has a fifty day moving average price of $4.93 and a 200 day moving average price of $4.61. Riskified Ltd. has a 52 week low of $3.70 and a 52 week high of $5.68.

Riskified (NYSE:RSKDGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. The firm 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%. As a group, equities analysts predict that Riskified Ltd. will post -0.01 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on RSKD. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Keefe, Bruyette & Woods upped their price target on shares of Riskified from $5.25 to $5.50 and gave the stock a “market perform” rating in a research report on Monday. Three equities research 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’s stock. Based on data from MarketBeat.com, Riskified has an average rating of “Hold” and an average price target of $6.00.

View Our Latest Stock Report on Riskified

Institutional Investors Weigh In On Riskified

A number of institutional investors have recently added to or reduced their stakes in RSKD. Harvey Partners LLC raised its holdings in shares of Riskified by 20.4% in the 3rd quarter. Harvey Partners LLC now owns 3,093,000 shares of the company’s stock worth $14,475,000 after purchasing an additional 523,855 shares during the period. Globeflex Capital L P purchased a new stake in shares of Riskified during the 4th quarter worth about $736,000. Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of Riskified during the 4th quarter worth about $1,019,000. Modern Wealth Management LLC purchased a new stake in shares of Riskified during the 1st quarter worth about $56,000. Finally, State of Wyoming increased its position 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 purchasing an additional 15,195 shares in the last quarter. Hedge funds and other institutional investors own 58.98% of the company’s stock.

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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