Shachar Erez, a director at Riskified Ltd. (NASDAQ: RSKD), has completed the disposal of 502,101 Class A Ordinary Shares across two separate transactions on June 29 and June 30, 2026. The aggregate value of these sales reached $2,527,102, with weighted average execution prices falling between $5.0226 and $5.0464. The transactions occurred as RSKD shares traded near their 52-week high of $5.68, though market analysis indicates the company may remain undervalued with a fair value estimate of $6.51. Riskified currently carries a market capitalization of $727 million, with shares demonstrating notable momentum over recent trading periods.
The shares disposed of were held indirectly through Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P., collectively referred to as Qumra Capital, where Erez serves as Managing Partner. The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026. Erez has disclaimed beneficial ownership of the Class A Ordinary Shares held by Qumra Capital, except to the extent of his pecuniary interest in the funds.
On June 29, 2026, 220,600 Class A Ordinary Shares were sold at a weighted average price of $5.0464. Individual transaction prices for these shares ranged from $4.99 to $5.14. The following day, June 30, 2026, an additional 281,501 Class A Ordinary Shares were sold at a weighted average price of $5.0226. These shares were sold in multiple transactions at prices ranging from $4.92 to $5.04.
Following these transactions, Qumra Capital indirectly holds 2,629,876 Class A Ordinary Shares. Erez also directly holds 80,053 Class A Ordinary Shares and outstanding restricted stock units (RSUs), which are held solely for the benefit of Qumra Capital. He similarly disclaims beneficial ownership of these direct holdings, except for any pecuniary interest therein.
In other recent developments, Riskified Ltd. announced the authorization of an additional $75 million share buyback program, which is pending the completion of necessary Israeli regulatory procedures. This new authorization adds to the company’s existing $375 million share repurchase programs, with approximately $344.4 million already utilized. Riskified reported a first-quarter 2026 earnings per share of -$0.03, missing the forecast of $0.04. However, the company exceeded revenue expectations, achieving $88.27 million against a forecast of $87.9 million.
DA Davidson reiterated a Buy rating for Riskified, setting a price target of $6.00, noting the company’s solid performance in exceeding consensus expectations on both revenue and earnings. The firm highlighted new business wins and upselling activities as key drivers of this outperformance. These developments reflect ongoing investor interest and confidence in Riskified’s financial strategies and market position.