Riskified Ltd. (NYSE:RSKD - Get Free Report) CFO Aglika Dotcheva sold 20,000 shares of Riskified stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $5.01, for a total value of $100,200.00. Following the completion of the transaction, the chief financial officer owned 1,779,742 shares in the company, valued at $8,916,507.42. The trade was a 1.11% decrease in their ownership of the stock. The sale was disclosed in a legal 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.
Aglika Dotcheva also recently made the following trade(s):
- On Thursday, July 2nd, Aglika Dotcheva sold 800 shares of Riskified stock. The shares were sold at an average price of $5.20, for a total value of $4,160.00.
- On Tuesday, May 19th, Aglika Dotcheva sold 400 shares of Riskified stock. The shares were sold at an average price of $5.00, for a total value of $2,000.00.
Riskified Stock Up 1.0%
NYSE:RSKD opened at $5.30 on Tuesday. The stock has a fifty day simple moving average of $4.83 and a 200 day simple moving average of $4.60. The firm has a market capitalization of $785.94 million, a price-to-earnings ratio of -47.34 and a beta of 1.38. Riskified Ltd. has a 1-year low of $3.70 and a 1-year high of $5.68.
Riskified (NYSE:RSKD - Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $87.72 million. Equities analysts predict that Riskified Ltd. will post -0.01 earnings per share for the current year.
Hedge Funds Weigh In On Riskified
Several institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio increased its stake in shares of Riskified by 1.0% in 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 last quarter. FNY Investment Advisers LLC grew its stake in Riskified by 24.8% in 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 in the last quarter. California State Teachers Retirement System grew its stake in Riskified by 5.5% in 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 in the last quarter. Swiss National Bank increased its position in Riskified by 3.1% in 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 last quarter. Finally, Geode Capital Management LLC increased its position in Riskified by 18.1% in 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 last quarter. 58.98% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Riskified from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 30th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $5.96.
View Our Latest Stock Report on RSKD
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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