ARK Investment Management LLC lowered its holdings in Riskified Ltd. (NYSE:RSKD – Free Report) by 9.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 440,008 shares of the company’s stock after selling 47,166 shares during the quarter. ARK Investment Management LLC owned 0.25% of Riskified worth $2,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also bought and sold shares of RSKD. Quadrature Capital Ltd lifted its position in Riskified by 16.7% during the first quarter. Quadrature Capital Ltd now owns 50,357 shares of the company’s stock valued at $272,000 after purchasing an additional 7,200 shares in the last quarter. Covestor Ltd grew its stake in shares of Riskified by 2,522.7% during the 1st quarter. Covestor Ltd now owns 7,842 shares of the company’s stock valued at $43,000 after acquiring an additional 7,543 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Riskified by 41.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,082 shares of the company’s stock worth $122,000 after acquiring an additional 7,609 shares in the last quarter. Acadian Asset Management LLC raised its stake in Riskified by 0.9% during the 1st quarter. Acadian Asset Management LLC now owns 879,179 shares of the company’s stock worth $4,743,000 after acquiring an additional 7,644 shares during the period. Finally, Y.D. More Investments Ltd boosted its position in shares of Riskified by 29.1% in the fourth quarter. Y.D. More Investments Ltd now owns 35,248 shares of the company’s stock worth $152,000 after purchasing an additional 7,938 shares during the period. Institutional investors own 58.98% of the company’s stock.
Riskified Trading Down 0.6 %
Shares of NYSE:RSKD traded down $0.03 on Tuesday, hitting $4.88. 266,331 shares of the company were exchanged, compared to its average volume of 702,487. The stock’s 50 day moving average price is $5.95 and its 200 day moving average price is $5.55. Riskified Ltd. has a 1-year low of $3.48 and a 1-year high of $6.64. The firm has a market capitalization of $869.98 million, a P/E ratio of -15.84 and a beta of 1.40.
Analysts Set New Price Targets
View Our Latest Report on RSKD
Riskified Company 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.
Featured Stories
- Five stocks we like better than Riskified
- Stock Analyst Ratings and Canadian Analyst Ratings
- Study: How Much Are Retirees Earning from Side Hustles in 2024?
- What is Forex and How Does it Work?
- Brinker International Offers a Pullback Opportunity on EPS Miss
- Most active stocks: Dollar volume vs share volume
- Globant Is an Emerging AI Play That’s Expanding Its Footprint
Want to see what other hedge funds are holding RSKD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Riskified Ltd. (NYSE:RSKD – Free Report).
Receive News & Ratings for Riskified Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Riskified and related companies with MarketBeat.com's FREE daily email newsletter.