Key Points
- Director Erez Shachar sold 60,797 Riskified shares on May 22 at an average price of $4.81, bringing in about $292,434. After the sale, he still owned 5.16 million shares.
- Riskified’s latest earnings beat expectations, with Q1 EPS of $0.05 versus $0.04 expected and revenue of $88.27 million, slightly above estimates.
- Analysts currently rate the stock as Hold overall, with an average price target of $5.96. Institutional ownership remains significant, with hedge funds and other institutions holding nearly 59% of shares.
Riskified Ltd. (NYSE:RSKD - Get Free Report) Director Erez Shachar sold 44,677 shares of Riskified stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $4.81, for a total transaction of $214,896.37. Following the transaction, the director directly owned 5,219,412 shares in the company, valued at $25,105,371.72. This trade represents a 0.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Erez Shachar also recently made the following trade(s):
- On Friday, May 22nd, Erez Shachar sold 60,797 shares of Riskified stock. The stock was sold at an average price of $4.81, for a total transaction of $292,433.57.
Riskified Price Performance
Shares of RSKD stock opened at $4.79 on Wednesday. The firm's 50-day moving average is $4.39 and its two-hundred day moving average is $4.58. Riskified Ltd. has a 12 month low of $3.70 and a 12 month high of $5.68. The company has a market capitalization of $709.64 million, a PE ratio of -43.55 and a beta of 1.39.
Riskified (NYSE:RSKD - Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $88.27 million for the quarter, compared to the consensus estimate of $87.72 million. Riskified had a negative net margin of 5.17% and a negative return on equity of 3.91%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Truist Financial reduced their price target on shares of Riskified from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Thursday, March 5th. Wall Street Zen raised shares of Riskified from a "hold" rating to a "buy" rating in a research note on Sunday, March 15th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $5.96.
View Our Latest Report on RSKD
Institutional Investors Weigh In On Riskified
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in Riskified during the 2nd quarter worth approximately $36,000. Man Group plc acquired a new stake in Riskified during the 4th quarter worth approximately $50,000. Virtu Financial LLC acquired a new stake in Riskified during the 3rd quarter worth approximately $51,000. Invesco Ltd. acquired a new stake in Riskified during the 1st quarter worth approximately $51,000. Finally, T3 Companies LLC acquired a new stake in Riskified during the 4th quarter worth approximately $54,000. 58.98% of the stock is owned by hedge funds and other institutional investors.
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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