Trexquant Investment LP lifted its holdings in Riskified Ltd. (NYSE:RSKD - Free Report) by 29.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 322,672 shares of the company's stock after buying an additional 73,769 shares during the period. Trexquant Investment LP owned approximately 0.18% of Riskified worth $1,526,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of RSKD. KLP Kapitalforvaltning AS acquired a new stake in shares of Riskified in the 4th quarter worth $89,000. Teacher Retirement System of Texas boosted its holdings in Riskified by 137.0% in the 4th quarter. Teacher Retirement System of Texas now owns 24,346 shares of the company's stock valued at $115,000 after purchasing an additional 14,072 shares during the last quarter. Y.D. More Investments Ltd grew 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 during the period. Barclays PLC increased its holdings in shares of Riskified by 106.6% during the 3rd quarter. Barclays PLC now owns 39,174 shares of the company's stock worth $186,000 after buying an additional 20,213 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Riskified by 89.7% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 83,369 shares of the company's stock valued at $394,000 after buying an additional 39,412 shares during the period. 58.98% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on RSKD shares. The Goldman Sachs Group raised their target price on Riskified from $4.00 to $4.50 and gave the stock a "sell" rating in a research note on Thursday, March 6th. Piper Sandler reiterated an "overweight" rating and set a $7.00 price target on shares of Riskified in a research report on Monday, March 17th. JPMorgan Chase & Co. reduced their price target on shares of Riskified from $7.00 to $6.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Finally, DA Davidson lowered their price objective on shares of Riskified from $7.00 to $6.00 and set a "buy" rating for the company in a research report on Monday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Riskified currently has a consensus rating of "Hold" and an average target price of $5.66.
Get Our Latest Stock Report on RSKD
Riskified Price Performance
Shares of RSKD stock traded up $0.04 during trading on Tuesday, reaching $4.45. The company's stock had a trading volume of 52,677 shares, compared to its average volume of 646,524. The company has a market capitalization of $717.38 million, a price-to-earnings ratio of -22.25 and a beta of 1.36. Riskified Ltd. has a 1-year low of $3.94 and a 1-year high of $6.65. The stock's 50-day moving average price is $4.91 and its 200 day moving average price is $4.80.
Riskified Profile
(
Free Report)
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.
Featured Articles
Before you consider Riskified, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Riskified wasn't on the list.
While Riskified currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
