Quadrature Capital Ltd Has $202,000 Holdings in Riskified Ltd. (NYSE:RSKD)

Quadrature Capital Ltd cut its holdings in Riskified Ltd. (NYSE:RSKD) by 53.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,157 shares of the company’s stock after selling 48,764 shares during the quarter. Quadrature Capital Ltd’s holdings in Riskified were worth $202,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Capital World Investors boosted its stake in Riskified by 6.3% in the fourth quarter. Capital World Investors now owns 9,774,367 shares of the company’s stock valued at $45,744,000 after buying an additional 580,000 shares in the last quarter. Rubric Capital Management LP boosted its stake in shares of Riskified by 159.2% during the fourth quarter. Rubric Capital Management LP now owns 4,173,636 shares of the company’s stock valued at $19,533,000 after purchasing an additional 2,563,384 shares in the last quarter. Formation8 GP LLC acquired a new stake in shares of Riskified during the fourth quarter valued at about $7,949,000. Invenomic Capital Management LP acquired a new stake in shares of Riskified during the fourth quarter valued at about $2,753,000. Finally, ARK Investment Management LLC boosted its stake in shares of Riskified by 6.6% during the fourth quarter. ARK Investment Management LLC now owns 496,375 shares of the company’s stock valued at $2,323,000 after purchasing an additional 30,581 shares in the last quarter. 58.98% of the stock is owned by institutional investors and hedge funds.

Riskified Stock Performance

Shares of RSKD stock opened at $6.52 on Friday. The company has a market cap of $1.16 billion, a P/E ratio of -21.03 and a beta of 1.38. The stock has a 50 day simple moving average of $5.79 and a two-hundred day simple moving average of $5.13. Riskified Ltd. has a fifty-two week low of $3.48 and a fifty-two week high of $6.55.

Riskified (NYSE:RSKD) last issued its earnings results on Wednesday, May 15th. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. The business had revenue of $76.41 million during the quarter, compared to the consensus estimate of $75.40 million. Riskified had a negative return on equity of 9.55% and a negative net margin of 17.28%. On average, research analysts predict that Riskified Ltd. will post -0.17 earnings per share for the current year.

Analysts Set New Price Targets

RSKD has been the topic of a number of recent research reports. Barclays lifted their price target on Riskified from $5.00 to $6.00 and gave the company an “equal weight” rating in a research note on Monday, May 20th. JPMorgan Chase & Co. lifted their price target on Riskified from $6.00 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, May 16th. The Goldman Sachs Group raised their price objective on Riskified from $4.50 to $5.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 6th. DA Davidson raised their price objective on Riskified from $5.00 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, May 16th. Finally, UBS Group raised their price objective on Riskified from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 21st. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.63.

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.