Key Points
- Riskified director Erez Shachar sold 102,407 shares at an average price of $5.92, generating approximately $606,249. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his position by 4.89% to 1.99 million shares.
- Riskified shares opened at $5.93, with a market capitalization of about $879 million. The stock has traded between $3.70 and $6.61 over the past year, while its latest quarterly revenue of $98.69 million exceeded analyst expectations.
- Analyst sentiment remains mixed, with an average rating of Hold and an average price target of $6.50. Institutional investors own approximately 58.98% of the company.
Riskified Ltd. (NYSE:RSKD - Get Free Report) Director Erez Shachar sold 102,407 shares of Riskified stock in a transaction on Monday, August 24th. The stock was sold at an average price of $5.92, for a total value of $606,249.44. Following the completion of the sale, the director directly owned 1,991,777 shares of the company's stock, valued at approximately $11,791,319.84. The trade was a 4.89% decrease in their position. The transaction was disclosed in a filing with the SEC, 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, August 21st, Erez Shachar sold 115,500 shares of Riskified stock. The stock was sold at an average price of $5.89, for a total value of $680,295.00.
- On Thursday, August 20th, Erez Shachar sold 157,200 shares of Riskified stock. The shares were sold at an average price of $5.95, for a total value of $935,340.00.
- On Wednesday, August 19th, Erez Shachar sold 139,884 shares of Riskified stock. The shares were sold at an average price of $6.11, for a total value 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 value of $29,326.50.
- On Friday, July 17th, Erez Shachar sold 7,909 shares of Riskified stock. The stock was 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 transaction of $402,668.00.
- On Monday, July 13th, Erez Shachar sold 82,103 shares of Riskified stock. The shares were sold at an average price of $5.21, for a total transaction 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 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.
Riskified Stock Down 0.3%
RSKD opened at $5.93 on Wednesday. The stock has a market capitalization of $879.27 million, a price-to-earnings ratio of -53.95 and a beta of 1.38. The firm has a 50 day moving average price of $5.34 and a 200-day moving average price of $4.78. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $6.61.
Riskified (NYSE:RSKD - Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. Riskified had a negative net margin of 4.23% and a negative return on equity of 3.93%. The company had revenue of $98.69 million for the quarter, compared to analysts' expectations of $89.18 million. As a group, analysts expect that Riskified Ltd. will post -0.01 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several analysts recently commented on RSKD shares. Keefe, Bruyette & Woods lifted their price objective on Riskified from $5.50 to $6.25 and gave the stock a "market perform" rating in a report on Thursday, August 13th. The Goldman Sachs Group increased their target price on Riskified from $4.75 to $5.50 and gave the company a "sell" rating in a report on Wednesday, August 12th. Wall Street Zen raised Riskified from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 30th. UBS Group boosted their price target on Riskified from $5.00 to $6.75 and gave the company a "neutral" rating in a research note on Thursday, August 13th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Riskified in a research report on Friday, August 14th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $6.50.
Get Our Latest Stock Report on RSKD
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of Riskified during the 2nd quarter valued at approximately $36,000. Man Group plc purchased a new position in Riskified during the fourth quarter valued at approximately $50,000. Virtu Financial LLC purchased a new position in Riskified during the third quarter valued at approximately $51,000. Invesco Ltd. bought a new position in shares of Riskified in the first quarter worth approximately $51,000. Finally, T3 Companies LLC bought a new position in shares of Riskified in the fourth quarter worth approximately $54,000. 58.98% of the stock is owned by hedge funds and other institutional investors.
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.
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