Insider Selling: Riskified (NYSE:RSKD) CFO Sells 80,000 Shares of Stock

Key Points

• Riskified CFO Aglika Dotcheva sold 80,000 shares at an average price of $6.52, generating $521,600. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced her stake by 5.29% to 1.43 million shares.
• Riskified reported quarterly revenue of $98.69 million, above analysts’ $89.18 million estimate, while earnings per share matched expectations at $0.02. The company remains unprofitable, with a negative net margin of 4.23%.
• Shares traded around $6.54, near their 52-week high of $6.61, while analyst sentiment remained mixed: the consensus rating was “Hold” with an average price target of $6.43.

Riskified Ltd. (NYSE:RSKD - Get Free Report) CFO Aglika Dotcheva sold 80,000 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $6.52, for a total value of $521,600.00. Following the completion of the transaction, the chief financial officer owned 1,430,874 shares in the company, valued at approximately $9,329,298.48. This trade represents a 5.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 Wednesday, August 12th, Aglika Dotcheva sold 180,000 shares of Riskified stock. The stock was sold at an average price of $5.95, for a total value of $1,071,000.00.
• On Monday, July 6th, Aglika Dotcheva sold 19,200 shares of Riskified stock. The shares were sold at an average price of $5.20, for a total value of $99,840.00.
• On Thursday, July 2nd, Aglika Dotcheva sold 800 shares of Riskified stock. The stock was sold at an average price of $5.20, for a total transaction of $4,160.00.
• On Wednesday, July 1st, Aglika Dotcheva sold 20,000 shares of Riskified stock. The stock was sold at an average price of $5.01, for a total transaction of $100,200.00.
• On Tuesday, May 19th, Aglika Dotcheva sold 400 shares of Riskified stock. The stock was sold at an average price of $5.00, for a total transaction of $2,000.00.

Riskified Stock Performance

Shares of NYSE RSKD traded up $0.09 during mid-day trading on Friday, reaching $6.54. The company's stock had a trading volume of 3,278,040 shares, compared to its average volume of 869,949. The stock has a 50-day moving average of $5.15 and a two-hundred day moving average of $4.69. The stock has a market capitalization of $968.16 million, a P/E ratio of -59.41 and a beta of 1.38. Riskified Ltd. has a 1-year low of $3.70 and a 1-year high of $6.61.

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. Riskified had a negative net margin of 4.23% and a negative return on equity of 3.64%. The firm had revenue of $98.69 million for the quarter, compared to analyst estimates of $89.18 million. Analysts predict that Riskified Ltd. will post -0.01 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. DA Davidson increased their price target on Riskified from $6.00 to $7.50 and gave the company a "buy" rating in a report on Thursday. The Goldman Sachs Group boosted their price objective on Riskified from $4.75 to $5.50 and gave the stock a "sell" rating in a research note on Wednesday. Wall Street Zen upgraded Riskified from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 30th. Keefe, Bruyette & Woods raised their target price on Riskified from $5.50 to $6.25 and gave the stock a "market perform" rating in a research note on Thursday. Finally, UBS Group lifted their price target on Riskified from $5.00 to $6.75 and gave the stock a "neutral" rating in a report on Thursday. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Riskified has an average rating of "Hold" and a consensus price target of $6.43.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in RSKD. Invesco Ltd. purchased a new position in Riskified in the first quarter worth approximately $51,000. Russell Investments Group Ltd. raised its position in Riskified by 178.2% in the second quarter. Russell Investments Group Ltd. now owns 225,468 shares of the company's stock valued at $1,125,000 after purchasing an additional 144,431 shares during the period. Marshall Wace LLP purchased a new position in shares of Riskified during the 2nd quarter worth $1,453,000. Qube Research & Technologies Ltd grew its holdings in shares of Riskified by 7.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 271,536 shares of the company's stock worth $1,355,000 after purchasing an additional 18,690 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Riskified during the 2nd quarter worth about $36,000. 58.98% of the stock is currently owned by institutional investors and hedge funds.

About Riskified

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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