173,952 Shares in Riskified Ltd. (NYSE:RSKD) Bought by Marshall Wace LLP

Marshall Wace LLP purchased a new position in Riskified Ltd. (NYSE:RSKD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 173,952 shares of the company's stock, valued at approximately $823,000. Marshall Wace LLP owned about 0.10% of Riskified as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Monimus Capital Management LP purchased a new stake in shares of Riskified in the fourth quarter worth $3,428,000. ExodusPoint Capital Management LP grew its position in Riskified by 363.8% during the 4th quarter. ExodusPoint Capital Management LP now owns 200,991 shares of the company's stock valued at $951,000 after purchasing an additional 157,657 shares during the last quarter. Trexquant Investment LP increased its stake in Riskified by 29.6% during the 4th quarter. Trexquant Investment LP now owns 322,672 shares of the company's stock valued at $1,526,000 after purchasing an additional 73,769 shares in the last quarter. ARK Investment Management LLC increased its stake in Riskified by 22.1% during the 4th quarter. ARK Investment Management LLC now owns 394,517 shares of the company's stock valued at $1,866,000 after purchasing an additional 71,499 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Riskified by 5.3% in the fourth quarter. JPMorgan Chase & Co. now owns 921,811 shares of the company's stock worth $4,360,000 after buying an additional 46,088 shares during the last quarter. Institutional investors own 58.98% of the company's stock.

Riskified Stock Down 0.8 %

NYSE:RSKD traded down $0.04 on Tuesday, hitting $4.62. The stock had a trading volume of 17,957 shares, compared to its average volume of 507,186. The business's 50-day simple moving average is $4.61 and its two-hundred day simple moving average is $4.80. The stock has a market cap of $744.95 million, a price-to-earnings ratio of -23.02 and a beta of 1.36. Riskified Ltd. has a 52-week low of $3.94 and a 52-week high of $6.64.

Analysts Set New Price Targets

Several brokerages recently weighed in on RSKD. DA Davidson reduced their price target on shares of Riskified from $7.00 to $6.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Piper Sandler reissued an "overweight" rating and issued a $7.00 target price on shares of Riskified in a report on Monday, March 17th. JPMorgan Chase & Co. lowered their price target on Riskified from $7.00 to $6.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. Finally, The Goldman Sachs Group lifted their price objective on Riskified from $4.00 to $4.50 and gave the stock a "sell" rating in a report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Riskified currently has an average rating of "Hold" and a consensus target price of $5.66.

Riskified Company Profile

Riskified Ltd., together with its subsidiaries, develops and offers an e-commerce risk management platform that allows online merchants to create trusted relationships with consumers in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas. It offers Chargeback Guarantee that ensures the legitimacy of merchants' online orders; Policy Protect, a machine learning solution designed to detect and prevent refund and returns policy abuse in real-time; Account Secure, a solution that cross-checks every login attempt; Dispute Resolve, which is used to compile submissions for fraud and non-fraud related chargeback issues; and PSD2 Optimize that helps merchants avoid bank authorization failures and abandoned shopping carts.