Riskified Ltd. (NYSE:RSKD) Position Lessened by Winslow Capital Management LLC

Winslow Capital Management LLC decreased its stake in Riskified Ltd. (NYSE:RSKD - Free Report) by 41.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,000,000 shares of the company's stock after selling 721,110 shares during the period. Winslow Capital Management LLC owned approximately 0.56% of Riskified worth $4,730,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in shares of Riskified by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 875,723 shares of the company's stock worth $4,142,000 after purchasing an additional 15,250 shares during the last quarter. State Street Corp boosted its holdings in Riskified by 0.9% in the third quarter. State Street Corp now owns 745,593 shares of the company's stock valued at $3,527,000 after acquiring an additional 6,927 shares during the last quarter. Barclays PLC grew its position in Riskified by 106.6% during the third quarter. Barclays PLC now owns 39,174 shares of the company's stock valued at $186,000 after acquiring an additional 20,213 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Riskified during the 3rd quarter worth about $1,438,000. Finally, Sei Investments Co. grew its stake in Riskified by 16.2% during the fourth quarter. Sei Investments Co. now owns 94,545 shares of the company's stock worth $447,000 after buying an additional 13,171 shares during the period. 58.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on RSKD shares. The Goldman Sachs Group boosted their price target on Riskified from $4.00 to $4.50 and gave the stock a "sell" rating in a research report on Thursday, March 6th. DA Davidson upgraded Riskified from a "neutral" rating to a "buy" rating and raised their price objective for the company from $5.00 to $7.00 in a research note on Monday, March 3rd. Piper Sandler reaffirmed an "overweight" rating and issued a $7.00 target price on shares of Riskified in a research report on Monday, March 17th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Riskified from $7.00 to $6.00 and set a "neutral" rating for the company in a research note on Monday, March 10th. One 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.com, Riskified has a consensus rating of "Hold" and an average price target of $5.78.

Riskified Price Performance

Shares of Riskified stock traded down $0.02 during trading on Monday, hitting $4.38. The stock had a trading volume of 161,360 shares, compared to its average volume of 648,159. The business has a fifty day moving average of $4.93 and a two-hundred day moving average of $4.80. The firm has a market cap of $706.10 million, a P/E ratio of -21.90 and a beta of 1.36. Riskified Ltd. has a fifty-two week low of $3.94 and a fifty-two week high of $6.65.

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.