Erez Shachar Sells 356,000 Shares of Riskified (NYSE:RSKD) Stock

Riskified Ltd. (NYSE:RSKD) Director Erez Shachar sold 356,000 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $5.02, for a total value of $1,787,120.00. Following the completion of the transaction, the director directly owned 3,131,977 shares of the company’s stock, valued at $15,722,524.54. The trade was a 10.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Erez Shachar also recently made the following trade(s):

• On Thursday, June 25th, Erez Shachar sold 124,085 shares of Riskified stock. The stock was sold at an average price of $4.96, for a total value of $615,461.60.
• On Wednesday, June 24th, Erez Shachar sold 168,300 shares of Riskified stock. The shares were sold at an average price of $4.89, for a total transaction of $822,987.00.
• On Tuesday, June 23rd, Erez Shachar sold 150,200 shares of Riskified stock. The shares were sold at an average price of $4.93, for a total transaction of $740,486.00.
• On Monday, June 22nd, Erez Shachar sold 75,204 shares of Riskified stock. The stock was sold at an average price of $4.92, for a total transaction of $370,003.68.
• On Thursday, June 18th, Erez Shachar sold 101,600 shares of Riskified stock. The shares were sold at an average price of $4.93, for a total transaction of $500,888.00.
• On Wednesday, June 17th, Erez Shachar sold 96,100 shares of Riskified stock. The shares were sold at an average price of $4.94, for a total transaction of $474,734.00.
• On Tuesday, June 16th, Erez Shachar sold 261,459 shares of Riskified stock. The shares were sold at an average price of $4.95, for a total transaction of $1,294,222.05.
• On Thursday, June 11th, Erez Shachar sold 81,762 shares of Riskified stock. The stock was sold at an average price of $4.87, for a total transaction of $398,180.94.
• On Wednesday, June 10th, Erez Shachar sold 109,462 shares of Riskified stock. The stock was sold at an average price of $4.93, for a total transaction of $539,647.66.
• On Tuesday, June 9th, Erez Shachar sold 132,462 shares of Riskified stock. The stock was sold at an average price of $4.91, for a total transaction of $650,388.42.

Riskified Stock Up 0.3%

Shares of Riskified stock opened at $5.04 on Wednesday. The firm has a market cap of $745.94 million, a PE ratio of -45.77 and a beta of 1.40. Riskified Ltd. has a twelve month low of $3.70 and a twelve month high of $5.68. The business has a 50-day moving average price of $4.79 and a 200 day moving average price of $4.59.

Riskified (NYSE:RSKD) last issued its quarterly 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 company had revenue of $88.27 million for the quarter, compared to the consensus estimate of $87.72 million. On average, sell-side analysts expect that Riskified Ltd. will post -0.01 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on RSKD. Truist Financial cut their price target 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. Wall Street Zen raised shares of Riskified from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Riskified has a consensus rating of “Hold” and an average price target of $5.96.

Riskified News Roundup

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 Investors Weigh In On Riskified

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio raised its position in shares of Riskified by 1.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 302,262 shares of the company’s stock valued at $1,502,000 after buying an additional 2,900 shares during the last quarter. FNY Investment Advisers LLC boosted its position in Riskified by 24.8% during the third quarter. FNY Investment Advisers LLC now owns 15,110 shares of the company’s stock worth $70,000 after acquiring an additional 3,000 shares during the last quarter. ARK Investment Management LLC grew its stake in Riskified by 1.2% during the 3rd quarter. ARK Investment Management LLC now owns 368,310 shares of the company’s stock valued at $1,724,000 after acquiring an additional 4,248 shares in the last quarter. California State Teachers Retirement System grew its stake in Riskified by 5.5% during the 2nd quarter. California State Teachers Retirement System now owns 93,086 shares of the company’s stock valued at $464,000 after acquiring an additional 4,826 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Riskified by 3.1% in the 4th quarter. Swiss National Bank now owns 167,513 shares of the company’s stock valued at $833,000 after acquiring an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 58.98% of the company’s stock.

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.