Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Stock Position in Riskified Ltd. $RSKD

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Riskified Ltd. (NYSE:RSKD) by 129.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 191,015 shares of the company’s stock after purchasing an additional 107,646 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.12% of Riskified worth $953,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Invesco Ltd. purchased a new stake in shares of Riskified during the first quarter valued at $51,000. Savant Capital LLC purchased a new stake in Riskified during the 2nd quarter valued at about $57,000. Trexquant Investment LP grew its stake in Riskified by 4.3% during the 1st quarter. Trexquant Investment LP now owns 336,666 shares of the company’s stock valued at $1,555,000 after purchasing an additional 13,994 shares during the last quarter. MQS Management LLC increased its holdings in shares of Riskified by 42.6% in the second quarter. MQS Management LLC now owns 51,512 shares of the company’s stock valued at $257,000 after purchasing an additional 15,393 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Riskified by 21.7% in the first quarter. Envestnet Asset Management Inc. now owns 110,012 shares of the company’s stock worth $508,000 after purchasing an additional 19,642 shares during the last quarter. 58.98% of the stock is currently owned by institutional investors and hedge funds.

Riskified Stock Performance

RSKD stock opened at $4.81 on Monday. Riskified Ltd. has a one year low of $3.94 and a one year high of $5.99. The firm’s fifty day moving average is $4.73 and its 200 day moving average is $4.89. The firm has a market cap of $774.61 million, a PE ratio of -20.89 and a beta of 1.36.

Riskified (NYSE:RSKD) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Riskified had a negative net margin of 11.04% and a negative return on equity of 8.12%. The business had revenue of $81.86 million during the quarter, compared to the consensus estimate of $80.25 million. During the same quarter in the prior year, the firm posted $0.03 earnings per share. The company’s revenue was up 3.9% compared to the same quarter last year. Riskified has set its FY 2025 guidance at EPS. Research analysts predict that Riskified Ltd. will post -0.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on RSKD shares. UBS Group upped their target price on Riskified from $5.00 to $5.50 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Piper Sandler cut their price objective on shares of Riskified from $7.00 to $6.00 and set an “overweight” rating on the stock in a research note on Monday, August 18th. Weiss Ratings restated a “sell (e+)” rating on shares of Riskified in a research report on Thursday, November 13th. DA Davidson reaffirmed a “buy” rating and issued a $6.00 price target on shares of Riskified in a report on Thursday, November 13th. Finally, Keefe, Bruyette & Woods reduced their price objective on Riskified from $5.50 to $5.25 and set a “market perform” rating for the company in a research note on Tuesday, August 19th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $5.89.

About Riskified

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.