Riskified (NYSE:RSKD) Director Sells 102,407 Shares of Stock

Key Points

• Riskified Director Erez Shachar sold 102,407 shares at an average price of $5.92, generating $606,249.44. The transaction, conducted under a Rule 10b5-1 plan, reduced his holdings by 4.89% to 1,991,777 shares.
• Shachar has made several additional stock sales in recent months, including more than 400,000 shares between August 19 and August 21, indicating continued insider selling activity.
• Riskified shares recently traded near $5.93, while analysts maintain a consensus “Hold” rating and an average price target of $6.50. The company’s latest quarterly revenue of $98.69 million exceeded estimates, and it reported earnings per share in line with expectations.

Riskified Ltd. (NYSE:RSKD - Get Free Report) Director Erez Shachar sold 102,407 shares of the firm's 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 sale, the director owned 1,991,777 shares in the company, valued at $11,791,319.84. This trade represents a 4.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 shares were 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 stock was 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 stock was 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 stock was 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 shares were 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 shares were sold at an average price of $5.27, for a total transaction 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 stock was 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 Performance

Riskified stock traded down $0.01 during trading on Tuesday, reaching $5.93. The company had a trading volume of 849,750 shares, compared to its average volume of 927,186. Riskified Ltd. has a 12-month low of $3.70 and a 12-month high of $6.61. The stock's 50 day moving average price is $5.32 and its two-hundred day moving average price is $4.77. The firm has a market capitalization of $879.27 million, a price-to-earnings ratio of -53.95 and a beta of 1.38.

Riskified (NYSE:RSKD - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates of $0.02. The company had revenue of $98.69 million for the quarter, compared to the consensus estimate of $89.18 million. Riskified had a negative net margin of 4.23% and a negative return on equity of 3.93%. As a group, research analysts expect that Riskified Ltd. will post -0.01 earnings per share for the current year.

Institutional Investors Weigh In On Riskified

Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in shares of Riskified in the 2nd quarter valued at $36,000. Man Group plc purchased a new stake in Riskified during the 4th quarter worth $50,000. T3 Companies LLC purchased a new stake in Riskified during the 4th quarter worth $54,000. Orion Porfolio Solutions LLC acquired a new stake in Riskified in the 2nd quarter valued at $54,000. Finally, Virtu Financial LLC acquired a new stake in Riskified in the 3rd quarter valued at $51,000. Institutional investors and hedge funds own 58.98% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. DA Davidson reaffirmed a "buy" rating and issued a $7.50 target price on shares of Riskified in a research report on Monday. Keefe, Bruyette & Woods boosted their price target on Riskified from $5.50 to $6.25 and gave the company a "market perform" rating in a research report on Thursday, August 13th. Weiss Ratings restated a "sell (d-)" rating on shares of Riskified in a research note on Friday, August 14th. UBS Group raised their price objective on Riskified from $5.00 to $6.75 and gave the stock a "neutral" rating in a report on Thursday, August 13th. Finally, Wall Street Zen raised Riskified from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 30th. Two 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 data from MarketBeat, Riskified currently has a consensus rating of "Hold" and a consensus price target of $6.50.

Riskified Company Profile

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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