Aglika Dotcheva Sells 19,200 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) CFO Aglika Dotcheva sold 19,200 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $5.20, for a total value of $99,840.00. Following the completion of the sale, the chief financial officer owned 1,690,874 shares of the company’s stock, valued at $8,792,544.80. This represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 Thursday, July 2nd, Aglika Dotcheva sold 800 shares of Riskified stock. The shares were sold at an average price of $5.20, for a total value of $4,160.00.
• On Wednesday, July 1st, Aglika Dotcheva sold 20,000 shares of Riskified stock. The shares were sold at an average price of $5.01, for a total value of $100,200.00.
• On Tuesday, May 19th, Aglika Dotcheva sold 400 shares of Riskified stock. The shares were sold at an average price of $5.00, for a total value of $2,000.00.

Riskified Price Performance

Shares of RSKD stock opened at $5.25 on Friday. Riskified Ltd. has a one year low of $3.70 and a one year high of $5.68. The stock has a fifty day moving average price of $4.88 and a 200 day moving average price of $4.60. The stock has a market cap of $778.53 million, a P/E ratio of -47.77 and a beta of 1.38.

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

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $5.96.

Hedge Funds Weigh In On Riskified

Several institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. acquired a new position in Riskified in the first quarter valued at about $51,000. Russell Investments Group Ltd. raised its stake in shares of 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 acquiring an additional 144,431 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Riskified in the 2nd quarter worth approximately $1,453,000. Qube Research & Technologies Ltd boosted its holdings in shares of Riskified by 7.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 271,536 shares of the company’s stock worth $1,355,000 after acquiring an additional 18,690 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Riskified during the 2nd quarter worth approximately $36,000. 58.98% of the stock is owned by institutional investors.

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.