New York – Shachar Erez, serving as a director at Riskified Ltd. (NASDAQ: RSKD), has facilitated the indirect sale of 318,500 Class A Ordinary Shares through entities associated with Qumra Capital. The transactions, valued at approximately $1.56 million, were executed across two distinct dates in late June 2026, specifically on June 23 and June 24. These sales were carried out by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P., collectively referred to as Qumra Capital. The weighted average prices for these shares ranged between $4.8942 and $4.9257 per share. The transactions were conducted in accordance with a Rule 10b5-1 trading plan that was initially adopted on March 16, 2026. Mr. Erez, who serves as a Managing Partner at Qumra Capital, has formally disclaimed beneficial ownership of the sold shares, except to the extent of his pecuniary interest.
On June 23, Qumra Capital initiated the disposal of 150,200 Class A Ordinary Shares at a weighted average price of $4.9257 per share. These shares were sold through multiple transactions, with individual prices ranging from $4.89 to $4.98. The following day, June 24, an additional 168,300 Class A Ordinary Shares were sold at a weighted average price of $4.8942 per share, with individual transaction prices ranging from $4.85 to $4.98. Following these transactions, Qumra Capital indirectly holds 3,612,062 Class A Ordinary Shares of Riskified. Mr. Erez also directly holds 80,053 Class A Ordinary Shares, which includes outstanding restricted stock units (RSUs). He disclaims beneficial ownership of these directly held shares and RSUs, except to the extent of his pecuniary interest, as they are held solely for the benefit of Qumra Capital.
The stock currently trades at $4.90 with a market capitalization of $708 million. According to InvestingPro analysis, Riskified appears undervalued at current levels, placing it among companies on the platform’s most undervalued list. The company maintains a "GOOD" financial health score and holds more cash than debt on its balance sheet, according to InvestingPro Tips.
In other recent news, Riskified Ltd. announced an additional $75 million share buyback program, supplementing its existing $375 million repurchase programs, of which approximately $344.4 million had been utilized. This move is pending completion of necessary Israeli regulatory procedures. The company also reported its first-quarter 2026 earnings, revealing an earnings per share of -$0.03, which missed the forecast of $0.04. However, Riskified’s revenue slightly exceeded expectations, coming in at $88.27 million compared to the anticipated $87.9 million.
DA Davidson reiterated a Buy rating on Riskified’s stock, maintaining a price target of $6.00, citing the company’s strong quarterly results. The firm highlighted that the company’s performance was driven by new business wins and upselling activity. Despite the earnings miss, investor sentiment appeared positive, as reflected in pre-market trading activity. These developments indicate ongoing investor interest in Riskified’s strategic moves and market performance.