Ravi Kumaraswami Sells 33,399 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) insider Ravi Kumaraswami sold 33,399 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $5.00, for a total transaction of $166,995.00. Following the completion of the transaction, the insider owned 1,865,213 shares of the company’s stock, valued at $9,326,065. This trade represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ravi Kumaraswami also recently made the following trade(s):

• On Friday, June 26th, Ravi Kumaraswami sold 100 shares of Riskified stock. The shares were sold at an average price of $5.00, for a total transaction of $500.00.
• On Monday, June 22nd, Ravi Kumaraswami sold 33,601 shares of Riskified stock. The stock was sold at an average price of $5.00, for a total transaction of $168,005.00.
• On Wednesday, June 17th, Ravi Kumaraswami sold 2,900 shares of Riskified stock. The stock was sold at an average price of $5.00, for a total transaction of $14,500.00.
• On Tuesday, June 16th, Ravi Kumaraswami sold 60,000 shares of Riskified stock. The shares were sold at an average price of $4.91, for a total transaction of $294,600.00.

Riskified Price Performance

NYSE:RSKD opened at $5.04 on Wednesday. The firm has a 50-day moving average of $4.79 and a two-hundred day moving average of $4.59. The stock has a market cap of $745.94 million, a P/E ratio of -45.77 and a beta of 1.40. Riskified Ltd. has a 1-year low of $3.70 and a 1-year high of $5.68.

Riskified (NYSE:RSKD) last announced its earnings results on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. Riskified had a negative return on equity of 3.91% and a negative net margin of 5.17%.The business had revenue of $88.27 million for the quarter, compared to analyst estimates of $87.72 million. As a group, equities analysts expect that Riskified Ltd. will post -0.01 earnings per share for the current year.

Key Stories Impacting Riskified

Here are the key news stories impacting Riskified this week:

• Positive Sentiment: Riskified announced the appointment of Ronen Assia, co-founder of eToro and a venture investor focused on financial infrastructure, to its Board of Directors. The addition of an experienced fintech executive may be viewed as a constructive governance and strategy signal. Riskified Announces the Appointment of Ronen Assia to its Board of Directors
• Positive Sentiment: The company released a Summer Travel Survey highlighting how AI is driving travel bookings while merchant trust and fraud concerns remain important. That supports Riskified’s positioning in e-commerce fraud prevention and could reinforce demand for its risk intelligence products. Riskified Study: As AI Drives a Summer Travel Boom, Clunky Security and Scam Fears Threaten Merchant Conversions
• Neutral Sentiment: Riskified’s recent quarterly results beat expectations on both EPS and revenue, which continues to support the stock after the latest earnings report showed better-than-expected performance and modest revenue growth.
• Negative Sentiment: Multiple insiders, including director Erez Shachar and insider Ravi Kumaraswami, disclosed sizable stock sales over the past few days. Even though some sales were made under pre-arranged 10b5-1 plans, the clustering of insider selling can weigh on investor sentiment. Riskified (NYSE:RSKD) Director Erez Shachar Sells 124,085 Shares of Stock

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in RSKD. Millennium Management LLC increased its holdings in shares of Riskified by 335.3% in the 4th quarter. Millennium Management LLC now owns 795,441 shares of the company’s stock valued at $3,953,000 after acquiring an additional 612,719 shares during the last quarter. Clearline Capital LP lifted its stake in Riskified by 23.8% during the third quarter. Clearline Capital LP now owns 3,106,045 shares of the company’s stock worth $14,536,000 after purchasing an additional 597,765 shares during the last quarter. Harvey Partners LLC boosted its holdings in Riskified by 20.4% in the third quarter. Harvey Partners LLC now owns 3,093,000 shares of the company’s stock worth $14,475,000 after purchasing an additional 523,855 shares during the period. Anson Funds Management LP boosted its holdings in Riskified by 136.0% in the fourth quarter. Anson Funds Management LP now owns 633,746 shares of the company’s stock worth $3,150,000 after purchasing an additional 365,254 shares during the period. Finally, TFJ Management LLC increased its stake in Riskified by 31.7% during the third quarter. TFJ Management LLC now owns 1,394,074 shares of the company’s stock valued at $6,524,000 after purchasing an additional 335,399 shares during the last quarter. Institutional investors and hedge funds own 58.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on RSKD shares. Wall Street Zen upgraded shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Truist Financial decreased their price objective on shares of Riskified from $8.00 to $7.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $5.96.

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.