Susquehanna Fundamental Investments LLC Invests $264,000 in Riskified Ltd. (NYSE:RSKD)

Susquehanna Fundamental Investments LLC bought a new stake in shares of Riskified Ltd. (NYSE:RSKD - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 55,826 shares of the company's stock, valued at approximately $264,000.

Other hedge funds have also recently bought and sold shares of the company. Tidal Investments LLC lifted its position in Riskified by 4.8% in the third quarter. Tidal Investments LLC now owns 100,525 shares of the company's stock worth $475,000 after purchasing an additional 4,616 shares during the period. Y.D. More Investments Ltd raised its stake in shares of Riskified by 16.6% in the 4th quarter. Y.D. More Investments Ltd now owns 35,614 shares of the company's stock valued at $168,000 after buying an additional 5,081 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in shares of Riskified by 5.7% during the 4th quarter. New York State Common Retirement Fund now owns 120,740 shares of the company's stock worth $571,000 after acquiring an additional 6,487 shares during the period. Sei Investments Co. boosted its position in shares of Riskified by 16.2% during the 4th quarter. Sei Investments Co. now owns 94,545 shares of the company's stock valued at $447,000 after acquiring an additional 13,171 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in Riskified by 137.0% in the fourth quarter. Teacher Retirement System of Texas now owns 24,346 shares of the company's stock valued at $115,000 after acquiring an additional 14,072 shares during the period. 58.98% of the stock is owned by institutional investors.

Riskified Stock Performance

Shares of RSKD stock remained flat at $4.81 during trading hours on Friday. The stock had a trading volume of 223,388 shares, compared to its average volume of 632,788. Riskified Ltd. has a 12 month low of $3.94 and a 12 month high of $6.65. The firm has a market cap of $775.42 million, a PE ratio of -24.05 and a beta of 1.36. The company has a 50 day moving average price of $4.58 and a 200-day moving average price of $4.81.

Wall Street Analysts Forecast Growth

RSKD has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their price objective on Riskified from $4.00 to $4.50 and gave the company a "sell" rating in a report on Thursday, March 6th. JPMorgan Chase & Co. decreased their price target on Riskified from $7.00 to $6.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Piper Sandler reiterated an "overweight" rating and set a $7.00 price objective on shares of Riskified in a research note on Monday, March 17th. Finally, DA Davidson reduced their target price on shares of Riskified from $7.00 to $6.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. 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 stock. According to MarketBeat, Riskified presently has a consensus rating of "Hold" and a consensus price target of $5.66.

Riskified 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.