Red Violet (RDVT) Projected to Post Earnings on Thursday

Red Violet (NASDAQ:RDVT) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Red Violet to post earnings of $0.09 per share and revenue of $18.08 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Red Violet Price Performance

NASDAQ RDVT opened at $40.24 on Friday. The firm has a market capitalization of $554.99 million, a P/E ratio of 111.78 and a beta of 1.49. Red Violet has a 1-year low of $16.56 and a 1-year high of $43.44. The business’s 50-day simple moving average is $37.32 and its 200-day simple moving average is $32.89.

Red Violet Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were paid a $0.30 dividend. The ex-dividend date of this dividend was Friday, January 31st.

Insider Activity

In related news, President James Patrick Reilly sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $37.25, for a total transaction of $372,500.00. Following the transaction, the president now directly owns 272,124 shares of the company’s stock, valued at approximately $10,136,619. The trade was a 3.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Peter Benz sold 22,300 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $37.43, for a total value of $834,689.00. Following the transaction, the director now directly owns 80,766 shares in the company, valued at $3,023,071.38. This trade represents a 21.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.50% of the company’s stock.

About Red Violet

Red Violet, Inc, a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk.